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Select three myths, and discuss why they represent a general misunderstanding about business ethics.
2. List and discuss in depth the three teleological frameworks (P4) and the three deontological frameworks.(p6) What are the advantages and disadvantages of each? Of these six frameworks, with which one do you most associate?
Teleological frameworks focus on the results of the conduct of the individual. Derived from the Greek word for fulfillment, telos, these frameworks focus on the ramifications, positive and negative, resulting from the actions and conduct of individuals. The three teleological frameworks are ethical egoism, utilitarianism, and Sedgwick’s dualism.
- Ethical Egoism :Focus on the self interest of the individual • Based on the belief that each individual should act in a way to promote yourself / if result will create a balance, positive rather than negative - Utilitarianism :: based on the principle of utility • the actions of each person added to the overall utility of the community affected by the actions • Focus on the results of their actions instead of the vehicle or engine that generates the reasons for their actions - Sidgwick's dualism :: trying to bridge the gap between two competing ethical frameworks of meaning selfish and utilitarian ethics • Core argue that both theoretically elements of cost-benefit analysis to help analyze the actions of individuals • Adam Smith presented an argument that can support dualism Sidgwick - argue that the best for the greatest number made by the individual pursuit of self-interest in the market. Deontological Framework: As opposed to teleological frameworks, which focus on whether the
results are favor-able or not, deontological frameworks focus on the duty or obligation in determining whether the actions are right or wrong. Deontological is derived from the Greek word deon, which means duty. There are three deontological frameworks: existentialism, contractarianism, and Kant’s ethics.
According to utilitarianism: Useful for many people in society According to Kant’s theory: Reviewing the interests of both individuals and communities to set up behavior so that more people benefit. But this regulation depends on the group. According to reconcile theory (Kant): Depends on the person's will. .• Based on the fundamental belief that the only person who can determine right and wrong is the decision maker • Each individual determines his actions and final responsibility for the consequences of actions . if they have good value in themselves they are aware of the value of behaviors.Contractarianism • the social contract theory • Based on the belief that all individuals agree to the social contract as a member of a society . the value system is a group of persons defined value). are considered to be good. they are consistent with the decision in any environment (the belief in personal criteria is consistent with the community because people can not live individuals . it depends on the social value of each specified group.Disadvantage: . People that think this is the right thing but there are many people affected by the action. they have to accept the rules. For example: The company denounce violations of Enron on moral values but do companies bankrupt and many people lost their jobs. but not with the other.Kant's Ethics • ethical decisions based on free will of the individual • free will to make decisions is reasonably considered necessary to be converted into a universal According to Existentialism: ethical behavior started from the human interests of people already have the qualities to self-awareness of right and wrong behavior. people will good direction.Advantage: According to Existentialism -everyone wants to do good. self-examine the issue (too subjective for the views of each person is different) should be unity for common values determine right and wrong in society According to utilitarianism: Based on the relationships to build social behavior. . possibly with ethical is reasonable.
hình ảnh doanh nghiệp. They do for the safety of themselves. mức độ ảnh hưởng như thế nào? (con người. bình đẳng Use these tests. contracts. According to Kant’s theory: Must consider too many factors will have to prioritize conflict persists because it can not satisfy all. and discuss a decision you made dealing with ethics: Xem lại một quyết đinh với 3 tiêu chí trên. Using these principles. They can sacrifice some moral values to achieve results. 4. Discuss the eight ethical principles in the Global Business Standards Codex(p8). describe an example of a company that does follow one of these principles. they can be criticized no business ethics. and discuss a decision you made dealing with ethics. . Cách 1: Xem mức độ công khai minh bạch của công ty. They paid cheap for employees as cost of products sold is very high. bản thân người ra quyết định) Cách 3: Tính công bằng. Use these tests. 3. Global Business Standards Codex: A codex that captures the eight major underlying principles in which ethical behavior can be interpreted and evaluated • Eight ethical principles: Fiduciary Principle: act in the best interests of your company and your investors. ảnh hưởng: xác định xem quyết định của doanh nghiệp ảnh hưởng đến ai. đây là vấn đề nổi cộm của toàn thế giới. But the company reasoning that they did for the majority of people improve their lives. It is the employee’s responsibility to honor the commitments he/she has made to the firm. Officers and directors have a legal fiduciary duty to act in the best interests of the stakeholders Property Principle: respect property and the rights of those who own it. (xem web tổ chức minh bạch thế giới) Cách 2: Độ tác động. they choose safe before doing the right thing In utilitarianism: How much is a lot to decide to perform that behavior. Examine the three simple tests identified by the Institute of Business Ethics (page 25). and other commitments. no attention to the value measured.According to Existentialism if not worth living. Every employee should respect property (tangible and intangible) as well as the rights of the owners of the property. agreements. the treatment benefit for this group is not conducive to group For example: A company hired many employees do a lot of product. man will be in the wrong direction towards value. Reliability principle: keep promises. and then describe an example of a company that does not follow one of these principles. with full employment. Only towards measurable results (net result).
This also implies that BASF expect their suppliers as well as suppliers and their subcontractors fully comply with the current laws and respect the standards of environmental. Employees have a responsibility to respond to requests for information about the operations from the various stakeholders. respect laws of community including criminal. Stakeholders who have a vested interest in the firm should be treated fairly. promising not complete an action. Fairness principle: deal fairly with all parties. Each employee needs to respect the dignity of all individuals…within the company. not have the principle keeps health and privacy for the employee. Every employee should conduct business in a truthful and open manner. However. Reliability: BASF tries to connect their strengths with the provider's skills in order to take full advantage of every opportunity to bring sustainable development. procedural) Citizenship principle: act as a responsible member of your community. Example of a company that does not follow one of these principles: Company fraudulent and deceptive actions of the employee. Transparency principle: conduct business in a truthful and open manner. Dignity: BASF combines three elements of economic success. competition. Example a company that does follow one of these principles: As a chemical company. BASF creates interactive relationships for a sustainable future. Customers can also demonstrate their commitment to these principles through the observance of rules of conduct or policy of their own companies. Fairness: BASF request suppliers to follow these standards are based on the ten principles of the Global Compact of the United Nations Relationships of BASF with customers based on trust and mutual respect. Responsiveness principle: be responsive to the legitimate claims and concerns of others. the employer have no insurance. and social responsibility laws. decisions not made based on a personal agenda Dignity principle: respect the dignity of all people. ensure that suppliers and other business partners are paid in a timely manner was not standard Reliability Principle Company does not guarantee safety of human rights. (reciprocal. social and governance the company is recognized worldwide (ESG criteria). fair competition. financial information is presented in a not truthful and not accurate ways was not standard Transparency Principle Company in violation of a promise or contract. no labor contract is notstandard Dignity Principles . the marketplace and society at large. Every employee should act as a responsible citizen of the community. environmental. social responsibility and environmental protection in their business operations and facilitate conditions for its customers to meet the current and future needs of society. distributive. BASF can ask customers to confirm their execution ESG criteria.
The influence of the school to increase tuition? . relatives makers will rely on three ethics tests for analysis. the environment and society.. Now review the section on rationalizing unethical behaviors (page 25). a further reﬂection on the outcomes of the previous step is usually required. I have to decide a lot of the work that each job was related to people not only in my school but also to the parents. When performing ethical cycle to assess. including the informal frameworks.The need to increase fees? . This can be done on the basis of both formal and informal moral frameworks.Which stakeholders influence the increase in tuition fees? ."Three simple tests of ethics" for assessing the ethical standards in the steps of the "ethical cycle" more accurate. (3) the moral nature of the problem need to be articulated. a synthetic phase follows in which possible solutions for action are generated in the light of the formulated problem analysis. .. Review the ethical cycle (page19). Reﬂection should primarily be based on the outcomes of the ethical judgment in the previous phase. The relationship between ethics and cycle three simple tests used for ethical business decisions (transparency.. Three important elements can be distinguished: the stakeholders and their interests.The benefits and disadvantages of increased fees? .5. do not necessarily lead to the same conclusion. the moral values that are relevant in the situation and the relevant facts. the moral acceptability of the various options for action is judged. These judgments need not be the same because different frameworks can result in different preferred options for action in a given situation Reﬂection Since the different ethical frameworks. Discuss a decision you have made (at home or in the workplace). Based on the analysis. Ethical judgment: In this phase. An example of the steps of the cycle related to my decision-making process: I am a manager in a primary school. To decision raise tuition fees I must consider: . and describe the steps of the cycle in relation to your decision making process. Problem analysis : During the problem analysis phase. Characteristic of a moral problem is that there are two or more positive moral values or norms that cannot be fully realized at the same time. fairness) is a mutual relationship. the steps of the "ethical cycle" is a tool that "three simple ethical test" applied to perform the tests. ﬁnally. And final morally acceptable action. Options for actions: After the analytic phase in which the moral problem is formulated. (2) it must state for whom it is a problem and. it is important that the moral problem is stated as precisely and clearly as possible. the relevant elements of the moral problem are described. The goal of this reﬂection is to come to a well argued choice among the various options for actions. efficiency. using the outcomes of the earlier phases. What is the relationship between the ethical cycle and the three simple ethical tests used for business decisions? The ethical cycle begins with the identification of the moral problem . only increased with new students or to all students or exemption policy for special objects? Finally will consider the implications of the increase in tuition fees before here: Opinion society? number of new students enrolled? public opinion in the parents? context of the current school? Consult stakeholders . In order to apply the ethical cycle successfully. A good moral question meets three conditions: (1) it must clearly state what the problem is.Society will look like (in terms of social ethics) will then conduct reasonable methods: For example.The study of how students are affected? Then I look at: . reasonable standard of social ethical. I will make a final decision. In contrast.
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