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Business Ethics - Basic Principles: - Questions That Need Addressing
Business Ethics - Basic Principles: - Questions That Need Addressing
Where do these come from Even though we may believe in them, we dont live up to them all the time
Stage Six: Universal Ethical Principles Orientation (logical comprehensiveness, Universality, consistency, justice,
equality, dignity)
Negative rights & Positive Rights (19th century to 20th century, Indias NREGA scheme) Contractual rights and Duties
Retributive justice
Just imposition of punishments and penalties
Compensatory justice
Just way of compensating people for what they lost when they were wronged by someone
Proposes that free markets are not necessarily the most efficient means for using the societys resources and Govt. intervention is useful
The Duty not to Coerce (Contract View) Problems with Contractual Theory
Buyers are capable & knowledgeable any other???? Students to fill in