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Ethics, Morality & Concept-Unit 1
Ethics, Morality & Concept-Unit 1
Ethics, Morality & Concept-Unit 1
When many people see the word "morality," their first thought often
relates to sexual activity of some type. Many individuals and groups,
like us, use much broader definitions.
equality for women;
equality for sexual minorities like lesbians,
gays, bisexuals, transgender persons and transsexuals, and other
minorities;
same-sex marriage, a.k.a. gay marriage;
physician assisted suicide a.k.a. medical aid in dying (MAID);
abortion access; and
many dozens of other topics.
The branch of knowledge that deals with moral principles.
Schools of ethics in Western philosophy can be divided, very
roughly, into three sorts. The first, drawing on the work of Aristotle,
holds that the virtues (such as justice, charity, and generosity) are
dispositions to act in ways that benefit both the person possessing
them and that person's society. The second, defended particularly
by Kant, makes the concept of duty central to morality: humans are
bound, from a knowledge of their duty as rational beings, to obey
the categorical imperative to respect other rational beings. Thirdly,
utilitarianism asserts that the guiding principle of conduct should
be the greatest happiness or benefit of the greatest number.
INTRODUCTION
Ethics in business context involves the behaviour in a business
transaction. Ethics is about the right and wrong. It is the principle that is
applicable in conducting the business. The acceptability of business
ethics can be determined by customer, government regulators,
competitors, interest group and many more.
In today’s environment, ethics is about the behaviour in humans which is
good or bad. Ethics deals with moral principles and values. With ethics, it
can avoid bad things and do the good things. It is also the rules of what
is right and what is wrong. There are many ethical issues arising in many
aspect of life such as in business, in workplace, in health care and also
in our daily life
It also known as corporate ethics which means the ethical practices and
policies that used in business. Corporate ethics will give a guidelines to a
company to measure what is the right and what is the wrong
. There are many ethical issues in business such as fundamental issues,
diversity issues, decision-making issues, compliance and governance
issues, and many more. For example, fundamental issues in business is
facing with integrity and trust. Integrity means the way we conduct the
business matters with honest and full commitment in treating the
customers.. It is very important in applying ethics in business because
the business can be succesfull when they get the trust from the
customers, vendors, suppliers, shareholders and many more. Business
ethics are essential as they keep business persons to operate in a moral
pedestal and laws that not only give their the internal satisfaction yet
increase sales because many people like to deal with an honest
business. So good business ethics should be practiced by all
businessman because it can lead success in business and people will
trust to business trade that provide by business indvidual, company or
organization.
There are tangible benefits to corporate ethics that are proven by case
studies.
Improved customer loyalty
Improved employee retention and easier recruitment of new
employees
It makes it easier to attract investment capital
Along with loss of customers, employees and corporate reputation, in the
worst of cases, unethical corporate behavior and practices can result in
death, prosecution and imprisonment.
Normative Ethics
Justice vs Fairness
Justice and fairness are concepts or notions that are hard to define
without taking the help of the other. Justice and fairness are talked about
in the same breath, and we have come to accept that what is just is also
fair and that to be seen as fair, we must be just. However, as will be
clear after reading this article is that all justice is not fair, and all that is
fair is not just. Let us take a closer look at the statement.
Justice is often seen as a quality of being just or fair. In the field of law,
justice is seen as meting out punishment to the culprit who has done a
crime or harmed another individual. In broader terms, justice is giving a
person his due.
FairnessWe are fair when we are not biased and show no favoritism. In
a classroom, it is the endeavor of a teacher not to appear as being
biased towards a few children and to treat all children equally and with
fairness. Among siblings, it is common to see kids foul cry every now
and then to show their displeasure when they see the other sibling get
something that they think they should be getting. Fairness is a quality of
being fair, showing no bias towards some people or individuals.
• Life is not fair as it does not give equal opportunities to all but justice
demands that government treat all its citizens as equals and provide
equal opportunities for all.
• Someone who is fair is seen as just, but sometimes justice can be cruel
and seem not fair.
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