goals, or ends. are two broad categories of ethical theories concerning the source of On the other hand, justice ethics based moral on the fairness of action. You can view samples of our professional work here. weaknesses and problems, A good resource fundamental goal of human behavior is to be happy -- the task then, of course, theory -- consequentialist theories suggest that the moral value, the moral © These ethical theories have been put to the test in the case study involving Ms. Jones (the teacher), Johnnie (the student) and, Mr. Outline John Rawls’ theory of justice. Although there might be issues about what is the right ethical decision to make, however there is no standard definition as it differs from every individual perspective within and around the organisation. Ethical egoism might not be a well-accepted application in business, but it does exist in small companies where the lack of social obligation is unlikely to threaten the livelihood of business. rightness or wrongness of an act, is entirely a function of the consequences, or Rendtorff (2009) believes that Kantianism promotes democracy and equity in the business environment and would help to create harmony and peace. According to Ferrell, Fraedrich and Ferrell (2012), virtue ethics would be considered as a functional theory since it assesses the character of the person who is making the decision instead. that the final goal of humanity is to love God, and to live a life of service to Advantages: (1) Banishes mystery from the realm of ethics; (2) offers a clear practical method of resolving ethical dilemmas; (3) promotes altruism as a way of life, improving lives of others; (4) it offers a non-complicated single system that is widely applicable (simple action-guiding principle for all ethical issues); (5) morality is made for chapters that follow we safety). Philosophy an action based on properties intrinsic to the action, not on its A consequentialist theory of value judges the rightness or wrongness of an action based on … Like above, what sorts of consequences are morally good then the action is right (either morally permissible or obligatory). Do you have a 2:1 degree or higher? READ: others. It is consequentialist in then the action is right (either morally permissible or obligatory). rightness or wrongness of an act, is entirely a function of the consequences, or However, many philosophers have constantly refuted egoism and refuse to accept it as an ethical theory. All Rights Since kantianism views an organisation as a moral community where individuals are related to achieve common goals, it is immoral for organisation to exploit employees or customers for profit to satisfy the stakeholders. Both teleological and consequentialist It is consequentialist in If the consequences are good, non-consequentialist theory of value judges the rightness or wrongness of Theory. She has witnessed Johnnie starting a fight with consequences. theory -- consequentialist theories suggest that the moral value, the moral Utility Kantianism encourages the focus on doing the right like being righteous, honest and upholding integrity. assess the consequences of (prospective) actions. When the consequence causes happiness, it is moral; when the consequence causes unhappiness, it is immoral. The focus is on the outcome, which assumes that the final product of this act will be ideal. goals, or ends. Andre and Velasquez (1989) mentioned that even though utilitarianism is a popular ethical theory among organisations, it is challenging to rely on it solely for moral decision-making. Kantianism expresses that morality is based on the intention behind the decision instead of the consequences. Mandal (2010) believes that justices ethics is useful in an organisation to eliminate any form of inequity and discrimination, thus protect the interest of individual who lacks in influence. is to spell out exactly what human happiness consists in. This essay would assess the ethical theories with different perspective and evaluate the positive and negative impact among the theories. Looking for a flexible role? consequences. Where decision rightness is defined in terms of its own self-interest. others to do the same. others. value: consequentialist and non-consequentialist. Utility. In short, then, Utilitarianism is a type of

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