Ethics Chapter 10

APPLED AND
BUSNESS ETHCS
Applied ethics
Applied ethics is a discipline of philosophy
that attempts to apply ethical theory to reallife situations.

The lines of distinction between meta-ethics,
normative ethics, and applied ethics are often
blurry.
For example, the issue of abortion can be
seen as an applied ethical topic since it
involves a specific type of controversial
behavior.
Applied ethics
It can also depend on more general

normative principles, such as possible rights of
self-rule and right to life, principles which are
often litmus tests for determining the morality
of that procedure.
The issue also rests on meta-ethical issues
such as, "where do rights come from?" and
"what kind of beings have rights?"
Applied ethics
Applied ethics is used in determining public
policy. For example, the following would be

questions of applied ethics:
"Is getting an abortion immoral?"
"Is euthanasia immoral?
"Is affirmative action right or wrong?"
"What are human rights, and how do we
determine them?"
"Do animals have rights as well?"
Applied ethics
A more specific question could be:
"If someone else can make better out of his/her
life than I can, is it then moral to sacrifice myself

for them if needed?
Without these questions there is no clear fulcrum
on which to balance law, politics, and the practice
of arbitration in fact, no common assumptions
of all participantsso the ability to formulate the
questions are prior to rights balancing.
Business and Society

Why does an organization exist?
Who does the organization serve?
Business and Society: An Interactive

System
Forces That Shape Business And

Society
What Is Stakeholders?
Individuals or parties who will share the interest
in business enterprise and who will be

impacted with the decision and activities of the
business entity.
Who are the stakeholders?
Employees
Creditors
Government
Stockholders
Suppliers
NGOs
Customers
Retailers
Media
What business ethics means?

What is Business Ethics?
How to do business in a right way
The right is defined by the company =
corporate values
Why are ethics relevant in
business?
Customers and suppliers
Your own career and life
Long-term: legacy to the next generation
What is business ethics??

Business
ethics is a form of applied

ethics or professional ethics.
so the applied ethics or professional ethics is
a discipline of philosophy that attempts to
apply ethical theory to real-life situations.
Definition Of Business Ethics.

According to Andrew Crane, "Business ethics
is the study of business situations, activities,

and decisions where issues of right and wrong
are addressed.
According to Raymond C. Baumhart, "The
ethics of business is the ethics of
responsibility. The business man must
promise that he will not harm knowingly."
The tools of business ethics

1.
Values
2.
Rights and duties
3.
Morale rules
4.
Human relationship
1.VALUES
Values are relatively permanent desire that seems
to be good in themselves, like goodwill.

When you value something it means you want it
or want it to happen.
Values are the answer to the why question for
example why you read management book? to
prepare presentation. Why you prepare
presentation? To secure better marks. And so
on..
2.RIGHTS AND DUTIES

Rights is a claim that entitle a person to take
particular action
Rights are correlated with duties
Whenever someone has rights someone else
has duty to respect it.
A duty is an obligation to take specific steps
for example to pay taxes
3.MORAL RULES
Morale rules are rules for behavior that often
become internalized as moral values.

Moral rules guide us through situations where
competing interests collide
4.HUMAN RELATIONSHIP
Every human being is connected to others in a
web of relationship.
These relationships exist because we need
one another for mutual support and to achieve
our goals.
From a small childs relationship with parents,
managers relationship with an employee,
relationship are common aspect of moral life.
Ethical Behavior For Leaders

How to apply it at work?
What does this mean to YOU?
In a Gallup survey (1993),
Lead by example on and
92% of people said that

the ethics of their CEO
influence their behavior!
The reward to Euro Motors
ethical challenge is a team
which trusts you and a
company, where you are
proud to go to work every
day. YOU CAN make a
difference!
off the job

Reward ethical behavior
Communicate about
ethics and values
GOOD LUCK

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APPLED AND

that attempts to apply ethical theory to reallife situations.

It can also depend on more general

policy. For example, the following would be

life than I can, is it then moral to sacrifice myself

Business and Society

Business and Society: An Interactive

Forces That Shape Business And

in business enterprise and who will be

Who are the stakeholders?

What business ethics means?

What is business ethics??

ethics is a form of applied

Definition Of Business Ethics.

is the study of business situations, activities,

The tools of business ethics

Rights and duties

to be good in themselves, like goodwill.

2.RIGHTS AND DUTIES

become internalized as moral values.

Ethical Behavior For Leaders

Lead by example on and

92% of people said that

off the job

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