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Moral Issues in Business: Lecture Outlines
Moral Issues in Business: Lecture Outlines
13th Edition
by
William H. Shaw and Vincent Barry
Lecture Outlines
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Part I: Moral Philosophy
and Business
Chapter 1: The Nature of Morality
Chapter 2: Normative Theories of Ethics
Chapter 3: Justice and Economic Distribution
What is Ethics?
https://www.youtube.com/watch?v=bOpf6KcWYyw
Moral Issues in Business
Chapter 1
Chapter One:
The Nature of Morality
This multimedia product and its contents are protected under copyright law. The following are prohibited by law:
• any public performance or display, including transmission of any image over a network;
• preparation of any derivative work, including the extraction, in whole or in part, of any images;
• any rental, lease, or lending of the program.
Moral Issues in Business
Chapter 1
Overview
➢ Chapter One examines the following topics:
(1) Business and organizational ethics
(2) Moral versus nonmoral standards, etiquette and
professional codes
(3) Religion and business morality
(4) Ethical relativism and the “game” of business
(5) Moral principles, conscience, and self-interest
(6) Personal values, integrity, and responsibility
(7) Moral Reasoning, arguments, and judgments
Moral Issues in Business
Chapter 1
Introduction to Business Ethics
➢ What is ethics? The study of right and wrong,
duty and obligation, moral norms, individual
character, and responsibility.
➢ What is business ethics? The study of right and
wrong, duty and obligation, moral norms,
individual character, and responsibility – in the
context of business.
Fran is a mother.
Invalid argument
Premises do not entail its conclusion.
Example: Argument 2
Fran is a female.
Argument 2 Counterexample
“Fran is a two-year-old” is consistent with
premises but inconsistent with conclusion
since could not be a mother.
Moral Issues in Business
Chapter 1
Argument 3
If a person is a female, she must be a
mother.
Fran is a female.
Unsound argument
Have at least one false premise, as in
Argument 3, or invalid reasoning, as in
Argument 2, or both.
Moral Issues in Business
Chapter 1
Moral Arguments
Arguments whose conclusions are moral
judgments.
Reading 1.2
Moral Responsibility in the Age of
Bureaucracy