Ofiaza, Regen Mae BSAcT- 4 TTH 12:00- 01:30

Assignment in BA 102

Reflection Paper Group 1

Business, Ethics and Business Ethics

The title is very interesting because of business and ethics are somewhat opposite

with each other, so what is business ethics and how can this be essential in our life,

specially in doing business? Do we learn it in school, or maybe we unconsciously

decide how to act for it ourselves and what we think is appropriate? "What is a person

responsible for? "What is it to be responsible?""What is a person responsible for?"

It’s our concept of good things that determines our perceptions of and behavior

towards them and even how a culture behaves. The concept of business is associated

with profit and that means a good life: every businessman’s definition of success

before was to maximize the profit but still minimize the cost, the two are like bread

and butter. Everyone of us want to have a good life and that means success; Success is

measured by the capacity to acquire things. Business is a means to a good life, its

simply limited to profit. Expecting that that it will make money for us to pay a happy

life and the common notion that money is the solution to everything. The desire to be

happy is universal, so we should pursue what makes us happy. When I was young, my

parents keep stressing that I should always study hard to be able to go a decent college,

get my degree, land a stable job and be rich to be able to provide a better future for

my offspring someday. For me my parents thought me to be able to sustain myself for

the coming years and not invest on material things, because we can never predict

where the tide might go, well that’s how I was raise.
 The classical view attributed to economist Friedman’s capitalism and freedom

where he wrote that the purpose of business is to use its resources and engage in

activities designed to increase in profit so long as it stays within the rules of the game.

Bowie postulated the neoclassical view offer a more refined concept. He posited that

maximization of profit should be pursued, but that one should avoid inflicting harm in

the process. Freeman, who formulated the stakeholder theory, made a further

refinement that has to protect and promote the rights various stakeholder.

Culture is the product of human creativity and his intellect, where his philosophy

and values develop . Our worldwide view is shaped by culture to a larger extent ,

where culture is socializes and influences people to follow certain patterns of behavior.

Good life is now associated with the standard of living and not the standard of life,it

aspires a life is better with material comfort enjoyed by a person. Is a good life

synonymous to a good wealth? The bottomline is, happiness is a choice maybe half of

the world would feel the fulfillment of a good life with all those physical things and

the other half might be like me that think happiness is when your eating dinner with

your whole family and talking of how your day was. Im not saying this just for the

sake of comparison, but I genuinely think that spending time with your parents and

give back to what they have done for us while they are still around is my goal.

Animal Acts are those acts of man and naturally perform with the use of our

senses. Human acts on the other hand is when you know what you are doing, free and

voluntary act. To consider that the act is a human act, it should be a voluntary act

committed by an individual. The act must also be done with the individual’s

knowledge and consent. The act committed should be considered as an act that is

proper to man as man, in consideration that of all the animals, man alone has the

intellect and the freedom of will to do the act. The act should also be committed in a
conscious state and under the control of the individual in which he/she is

responsible. We have simply shown that some acts are morally good and some are

morally bad; that some ought to be done, and others ought not to be done and we have

examined into the distinction between these two classes of acts, or the nature of

morality. Proceeding further, we are now to show that a Higher Will binds us to

observe the moral law in which consists in doing what is right and avoiding what is

wrong, and holds us accountable for our moral conduct We are moral agents because

of our capacity to reflect on situations. Moral agents have a moral responsibility not to

cause unjustified harm. Agents have the capability to reflect upon their situation, to

form intentions about how they will act, and then to carry out that action. By

expecting people to act as moral agents, we hold people accountable for the harm they

cause others.Normal human adults represent our paradigm case of responsible agents.

What is distinctive about them, that we accord them this status? Thinking of

retrospective responsibility in particular, why can be held accountable for their actions

– justly praised or blamed, deservedly punished or rewarded? Responsibility and

accountability both concepts of duty or obligation and are attach to human acts.

Responsibility is a consequence of our action. Accountability is often used

synonymously with responsibility, blameworthiness, and liability. The responsible

person can be relied on to judge and to act in certain morally desirable ways; in the

case of more demanding, the "more responsible" roles, the person can be trusted to

exercise initiative and to demonstrate commitment; and when things go wrong, such a

person will be prepared to take responsibility for dealing with things.

For the Group 1 activity, I can clearly see that they know what and how to

incorporate their topic in the activities they prepared. By giving examples that are

observable in the society and everyone of us have come across. Breaking down the
topics into smaller pieces to make us understand their topic. We played relay the

message, the other end will read the question and send the answer to the opposite side.

The second on was exhausting, paint me a picture in a whole new level, you have to

lift one of your groupmate before the freeze. With the game, paint me a picture, its up

to us to interpret what they gave us. Overall view about the group, 10/10