Professional Documents
Culture Documents
Chapter 2 PDF
Chapter 2 PDF
Principles of
Business Ethics
Prepared By:
Ma. Cristina Perlas, MBA, LPT
CONTENTS
1 Classical Philosophers
03
01 02 03
Virtue Deontological Consequentialist
Ethics Ethics Ethics
- emphasizes virtuous, or moral character. It
focuses on the desirable characteristics that a
virtuous person should embody. One's action
is a mere reflection of one's inner morality.
- often referred to as duty ethics, emphasizes
on adhering to ethical principles or duties and
obedience to some higher moral absolute. It
assumes the existence of moral absolutes that
make an action moral regardless of
circumstances.
- bases the morality of an action upon the
consequences of the outcomes. However, the
main contention of this branch is what
outcomes can be identified as objectively
desirable. John Stuart Mill asserts that the
desirability of an action determines the net
amount of happiness it brings.
Example:
01 02 03 04
BACK
PLATO, Philosopher (428 BC - 348 BC)
Plato ,a enthusiastic student of Socrates, wrote out the
dialogues he had with his teacher. He explored the
concepts of justice, beauty, and equality.
BACK
ARISTOTLE, Philosopher (348 BC - 322 BC)
Aristotle was an exemplary student in Plato's Academy for
20 years. He believed that knowledge could be obtained
by interacting with objects. He recognized that human
interpretation and personal associations play roles in
understanding objects.
02 04
Aristotle, and Confucius. What
What is the role of philosophy
are their similarities? What are
in the business world?
their differences?
Hobby Lobby is a chain of craft stores in the United States. Since the
owners are Christian, all its stores are open daily, except during Sundays.
This is to allow its employees to have time to practice their faith and be
with family even though it means lesser sales.
Guide Questions
1. Do you think many businesses in the Philippines are closed on Sundays
due to the fact that the Philippines is largely a Christian country?
2. If you were a business owner, would you require your employees to
work on Sundays? Explain your answer.
INTRODUCTION TO
ISLAM
Islam - comes from the word “salam” which is
literally interpreted as “peace” and
“submission”. It is the world's 2nd largest
religion with 1.62 billion followers.
- All Muslims are obliged to give a charity of 2.5% of their wealth and
asset each year in excess of what is required to the less fortunate.
- it begins in Shawwal (10th month) and lasts through the middle of Shu
al-Hijja ( 12th month).
- those who are physically and financially capable are required to make
pilgrimage to Mecca once during their lives.
- the actual rites and prayers take place at the sacred Ka'ba in Mecca.
ISLAMIC BELIEFS
1.
- Muslims believe in a single, indivisible God who is omnipotent and
merciful.
- Holy Qu'ran mentions 25 prophets and indicates other messengers,
including Adam, Noah, Abraham, Moses, David, Jesus and the last
prophet Muhammad.
- In Islam, Jesus Christ is not considered the Son of God.
ISLAMIC BELIEFS
2.
- They also believe in angels (malak in Arabic, which means “messenger”).
- They do not have free will, and therefore, obey God in total obedience.
- Their duties are to communicate revelations from God, glorify God,
record every person's deeds, and take a person's soul at the time of
death.
- They have no form because pictorial depictions are avoided in Islamic
art.
ISLAMIC BELIEFS
3.
- It includes Tawrat (Toraj), Injil (Gospels), Zabur (Psalms), and Qu'ran.
- Muslims believe that Toraj and Injil have become distorted in
interpretation.
- They respect them by the only the Holy Qu'ran is free from errors
because it was dictated to Muhammad by the archangel for over an
interval of 23 years.
- It gives moral guidance than legal instructions and is considered the
sourcebook for Islamic principles and values.
ISLAMIC BELIEFS
4.
- The prophet's sunnah (words, actions, and personal characteristics) is
collected into the Hadith (reports) which supplements and assists the
interpretation of the Qu'ran.
- Madh'habs - these are schools of thought from the learned consensus of
Ulema (scholars) and reasoning by analogy from accepted interpretation
of the Qu'ran and sunnah to new problems not directly addressed
therein.
- 4 School of Thought: (1) Hanafi (Abu Hanifa), (2) Maliki (Malik ibn Anas),
(3) Shafi'i (Muhammad al-Shafi'i), and (4) Hanbali (Ahmad ibn Hanbal).
ISLAMIC BELIEFS
4.
- Shari'ah - composite source of teaching and practices. It includes strict
instructions on topics of crime politics, economics, personal issues
(hygiene, diet, prayer, etiquette, sexual activity). It is considered as the
infallible law of God.
Examples: respecting the dietary restriction against eating pork and
drinking alcohol, respecting parents and elders, helping kins and giving to
the poor and disadvantaged. One must also not commit theft, murder,
suicide, fornication, adultery, lying, cheating, wrongly accusing others,
and gambling should be avoided.
ISLAMIC BELIEFS
5.
- On the Day of Judgment, people will be judged on the basis of their
good and bad deeds while on Earth.
- Unlike Christians, Muslims do not believe that Jesus can save people
from sin.
- The sinless will be rewarded and after death, sent to heaven where
there is physical and spiritual pleasure.
- Unbelievers and sinners will go to help as punishment.
ISLAMIC BELIEFS
6.
- there is predestination of all things and events.
- it is Allah's decree, wisdom, actions, and will.
- Allah knows everything before it comes into being and He knows what
will happen.
- He has brought everything to existence in accordance to His knowledge
and design.
DENOMINATIONS
Within Islam, the main division are Sunni and Shia. The split continues to
cause strife among Muslims.
The article notes that the buying power of Muslims are expanding but
that owners need to understand what obligation Muslims businesses
have to the Muslim community. The writer further advises that by making
Allah the goal, and implementing Islamic rules of honesty, truthfulness
and good behavior with customers, any Muslim business is bound to
boom.
(refer to http://www.soundvision.com/article/7-tips-for-muslim-businesses)
CASE STUDY
Guide Questions:
2. Are the practices of treating customers well and following the health
code applicable to an business owner?
INTRODUCTION TO
BUDDHISM
- is non-theistic religion based on the
teaching of Siddhartha Gautama. Even if it is
not based on the idea of God, people still
refer to it as a religion.
- The Buddhist way to life is based on a life
of peace with universal love and
compassion, omniscient wisdom, and
boundless spiritual power.
- There are about 500 million Buddhists
worldwide, making Buddhism one of the
world’s major religions.
Siddhartha Gautama Buddha (‘enlightened one’ in Sanskit) –
refer to the founder of Buddhism,
Siddhartha Gautama.
- He was the one of King Suddhodana and
Queen Maya of the Sakya clan, whose
capital was Kapilavastu (present day
Nepal).
- King Suddhodana determined for his son
to be king, prevented Siddhartha to leave
the place grounds.
- He was raised by his mother’s younger
sister, Maha Pajapati, after his mother’s
death seven days after childbirth. He
later married Yasodhara at age 16 and
has a son, Rahula.
History of Buddhism - At age 29, despite his father’s efforts,
Gautama ventured outside the palace and
encountered the sick, the aged, the
suffering, and the dead for the first time.
- He lived an ascetic life by begging for
alms on the streets. He practiced under
two hermit teachers of yogic medication,
mastered the teachings of Kalama, and
moved on the study yoga with Udaka
Ramaputta.
- After six years of his journey, he attained
enlightenment under the Bodhi Tree in
India. He liberated himself from the cycle
of suffering and rebirth, arose, and
attained enlightenment.
1. FOUR NOBLE TRUTHS
Guide Question:
In the Eightfold path, what do you think is one teaching that you can
apply to a business? Explain in three to five sentences.
INTRODUCTION TO
JUDAISM
Judaism - oldest monotheistic religion in the
world but the smallest major religion with 18
million followers.
- a vast majority of Jews are in the US and
Israel while the rest are scattered in Europe,
Latin America, Canada, Africa, Australia, and
Asia.
- emphasizes justice, charity, modesty and
doing good deeds.
- the focus is in the present time on Earth
rather than Eternal Life in Heaven.
- considered the Father of the Jewish
people.
- he was instructed to leave, Haran (his
country), with his wife Sarah, and his
nephew Lot.
- Sarah bore a child named Isaac. God
tested Abraham's obedience by
commanding him to offer his son up as a
sacrifice in Mount Mariah.
-When Sarah passed away, he took
another wife whom he had six sons.
- He lived until the age of 175, having lived
to see the birth of his grandsons.
- another important leader of the
religion who freed the Jews from
slavery.
- God, through Moses, saved them by
leading them to Mount Sinai.
- God revealed Himself to the people
and offered them a covenant - to be
the Chosen People.
- God later gave Moses the Torah
that lists the laws and
Commandments of God.
1. ONE GOD
- there is one God, creator of the universe, and main power in the
universe.
-Man is created in the image of God and is given free will, therefore,
responsible for his actions and God will judge the person in the end of the
day.
2. Jewish Identity
- Jew - used to refer to all the descendants of Jacob (son of Isaac) and
Judaism is used to refer to their beliefs.
- Jews were originally called Hebrews that derived from “eyver” which
means “the other side” to refer to Abraham who was spiritually and
morally separated from other nations of the Land.
- After the death of King Solomon, Israel was split into the Kingdom of
Judah (Yehudi in Hebrew) and the kingdom of Israel.
3. Holy Book
- Tanach - is the acrostic for the three groups
of books of Jewish scriptures.
5. Mashiach (Messiah)
- Torah says that an anointed one will come to Earth and save the
Jews.
- The mission of the Mashiach will bring political and spiritual
redemptions to Jews, restore Jerusalem, and rebuild the Temple.
- The Messiah idea is not of the savior but of a great human leader.
- Jews do not believe Jesus was the Messiah
6. Rabbis and Synagogues
- Rabbis are spiritual leaders educated in halakhah or Jewish laws
and traditions to lead the community and provide guidance and
education. They do not have special authority to conduct services
and even members of the community can lead services even when
a rabbi is available.
- Synagogue is the place of worship, a place where Jewish people
congregate, study, and do charitable work.
- Different names in different denominations:
a. Orthodox – “shul” (School) – a place to study
b. Conservative Jews – “synagogue” – place of assembly
c. Reform Jews – “temple” – Temple of Jerusalem
7. Sabbath
- Jewish holy day that begins at the sunset on Friday until the sunset
on Saturday.
- It is a day to rest to thank God for creating the universe.
- During Sabbath, Jews are prohibited to do anything that might be
counted as work (e.g. cooking, writing, buying or selling using
electrical devices, building or fixing things, and driving).
- On Sabbath, families share a meal and eat CHALLAH – a special
braided bread. It commemorates the manna that fell from the
heaven when the Israelites wandered in the desert after the
Exodus.
- Jews would attend services at the language at the synagogue on
Sabbath.
8. Life Events
- BRIT MILA (at 8do) – which is a circumcision ceremony and a baby
naming ritual is performed.
8. Life Events
- BAR MITZVAH – coming of age celebration for boys (at 13yo) and
for girls (at 12yo).
- Bar Mitzvah = “son/daughter of the commandments” in Hebrew.
They are considered as full-grown men and women and are
expected to follow Jewish law.
- Wedding Ceremony:
1st part – KIDDUSHIN –
involved the groom giving
the bride a ring, followed by the
reading of the marriage contract.
KETUBAH – the contract
includes the terms of marriage
and divorce.
2nd Part – NISUIN – wherein
the couple stands under the
CHUPPAH, which is traditionally
a decorated four-poster canopy.
- Wedding Ceremony:
CHUPPAH – It is a symbol of their
Dwelling together as husband and wife.
1. Orthodox – Orthodox Jews believe that laws given by God are timeless
and can never be changed.
2. Reform Judaism – does away with strict dietary requirements and
Sabbath but focused on the moral laws of the religion and emphasizes
personal connection to traditions.
3. Conservative Judaism – this movement was developed after leaders
found Reform Judaism too radical and wanted to preserve Jewish
traditions instead of changing the laws. Conservative Judaism teaches
that the law is not static and has to change to reflect modern times and
conditions.
Karaites and Samaritans
- Karaites only accept the Hebrew as authoritative scripture for their
community.
- Some do not identify themselves as part of the Jewish community.
- Samaritans base their faith on the written Torah with emphasis on the
Samaritan Book of Joshua.
In the traditional Judaism, there are 613 mitzvot (commandments) that
are equal in importance to the “ten commandments”. The mitzvot are
taken from the written and oral Torah. Many pertain to doing business in
accordance to the Jewish laws.
a. Business in Good Faith
b. Treatment of Workers
c. Trading
Bob Diener, founder of hotels.com, credit his business success to the
following Jewish teachings. One of his challenges was dealing with
employee issues. According to him, the Torah taught him to treat
employees equally and fairly (e.g. “You shall not abuse a needy or
destitute laborer, whether a fellow countryman or a stranger.” Deut.
24:14).
Guide Question:
Among the practices of the Jewish people, what do you find most
applicable to business? Give an example of its application.
THANK YOU