![Image](https://www.worldsupporter.org/sites/default/files/styles/medium/public/bundle/wereldbol_summaries_joho_single_boek_1_150x190px_0.png?itok=PgQm9J5z)
What is ethics:
The study of right and wrong, duty and obligation, moral norms, individual character and responsibility. (concern behaviour that is a serious consequence to human welfare, that can injure or benefit people (for example killing))
Business ethics:
Ethics in a business context (Is it beneficial for the customer). Example: corruption, illegal practices at the work place.
There is difference between ethics and law. There is a huge overlap, but there can be things that are unethical but legal and the other way around.
Etiquette: refer to the social norm of conduct in a given country, those are often nonmoral rules and are meant to serve as guidelines for socially acceptable behaviour. Business do have this as well. Sometimes a violation of these etiquettes can have moral implications.
Employees are expected to further profit goals and they might feel pressure to compromise on their ethical standards. Example: Conformity or groupthink.
Moral reasoning: the soundness of moral reasoning= quality of the arguments+ the reasoning that support them. Logic to see whether it is valid.
Argument: a group of statements (incl. conclusion) follows from the others (premises).
Valid argument: premises logically entail its conclusion.
If A, then B
A
Therefore B
Invalid argument: premises do not entail its conclusion.
If A then B
B
Therefore A
Counterexample: an example that is consistent with the premises but is inconsistent with the conclusion.
Unsound argument: have at least one false premise even if the reasoning is valid or invalid reasoning
Sound argument:
Valid and no false premises
Criteria for Moral reasoning:
Good moral reasoning can be challenged by:
What is a corporation (legal entity, with legal rights and responsibilities similar, but not identical of enjoyed by individuals) But do they have morally responsibility:
Friedman’s argumentation:
JoHo can really use your help! Check out the various student jobs here that match your studies, improve your competencies, strengthen your CV and contribute to a more tolerant world
There are several ways to navigate the large amount of summaries, study notes en practice exams on JoHo WorldSupporter.
Do you want to share your summaries with JoHo WorldSupporter and its visitors?
Field of study
Add new contribution