BUSINESS ETHICS


FINAL PROJECT
Course Instructor:
Prof. Kamran
Presented By:
Syeda Rafia Abbas
Shehar Bano
 ETHICS AS A BRANCH OF
PHILOSOPY
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 Ethics is a branch of philosophy that "involves
concepts of right and wrong behavior."
 NORMATIVES THEORIES
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Deontological Theory
  Deontological ethics, is associated with the father of modern
deontology, Immanuel Kant. 
 “people have a duty to respect other people’s rights and treat
them accordingly.” The core concept behind this is that there are
objective obligations, or duties, that are required of all people.
 When faced with an ethical situation, then, the process is simply
one of identifying one’s duty and making the appropriate
decision.
 JUSTICE THEORY
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 Justice approach is also know as “ fairness” approach
that all equals should be treated equally.
 Justice does not depend on consequences; it depends
on the principal of equality.
 RIGHTS THEORY
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 Rights theory recognize that human beings have
fundamental rights and privileges that transcend
national boundaries and culture.
 Respecting rights of others.
 TELEOLOGYCAL THEORY
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 This theory concerned with the consequences of
actions which means the basic standards for our
actions being morally right or wrong depends on the
good or evil generated.
 ETHICAL EGOISM
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 It is a theory of self-interest.
 Most valuable is ones own welfare.
 Whatever maximizes ones personal good is right.
 Utilitarianism
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 It is the theory which contends that we should act in
such a way that our actions produce the greatest
quantity of happiness or pleasure.
 it produces the greatest good for the greatest
number of people. Utilitarianism is all about the
majority, the greater good.