Introduction to Ethics: Ethics, a branch of philosophy, delves into questions of
morality and guides individuals in distinguishing right from wrong behavior. It examines ethical principles, theories, and their application in various contexts.
Key Concepts:
1. Ethical Principles: Core values such as honesty, fairness, respect, and
empathy serve as the foundation of ethical decision-making. 2. Ethical Theories: Different philosophical perspectives, including utilitarianism, deontology, and virtue ethics, offer frameworks for evaluating moral dilemmas and determining morally acceptable actions. 3. Ethical Dilemmas: Complex situations where conflicting moral principles or values necessitate careful consideration and ethical analysis. 4. Professional Ethics: Ethical codes of conduct established within specific professions to guide professional behavior, maintain integrity, and uphold public trust. 5. Ethical Leadership: Leaders who demonstrate ethical behavior, integrity, and accountability, fostering a culture of ethical responsibility within organizations and communities. 6. Ethical Decision-Making: A systematic process involving ethical reasoning, reflection, and consideration of consequences to arrive at morally sound decisions.
Significance: Ethics provide a framework for individuals and organizations to
navigate moral complexities, promote fairness, justice, and integrity, and contribute to the well-being of society.
Application: Ethics are relevant in diverse contexts, including business, healthcare,
law, politics, education, and personal relationships. Understanding ethical principles and applying them ethically enhances decision-making, fosters trust, and promotes social responsibility.
Module I Introduction to Business Ethic... Concept and nature of ethics; ethics, values and behaviour; development of ethics, relevance of ethics and values in business, Arguments against business ethics