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Read e-book online A Companion to Business Ethics PDF

By Robert E. Frederick

In a chain of articles in particular commissioned for this quantity, a few of state-of-the-art so much amazing company ethicists survey the most components of curiosity and quandary within the box of industrial ethics.Sections of the publication disguise themes similar to the usually effortless relation among enterprise ethics and capitalism, the hyperlink among company ethics and moral concept, how ethics applies to express difficulties within the enterprise international, the relationship among company ethics and comparable educational disciplines, and the perform of commercial ethics in glossy corporations.Includes vast, available dialogue of the entire major parts of curiosity and debate in enterprise ethics positive factors all unique contributions by means of exclusive authors in enterprise ethics contains an annotated desk of contents, bibliographies of the correct literature and a listing of net resources of fabric on enterprise ethics ideal, accomplished e-book to be used in enterprise ethics classes

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Since the good acts of even the most enlightened corporations are almost always justified in part on the grounds that such actions are profitable, it appears that even the best actions of the best corporations are not truly moral. Consider the following quotation from J. W. Marriott Jr (Milbank, 1996, p. A1) describing the decision of the Marriott Corporation to hire welfare recipients. 12 a kantian approach to business ethics We’re getting good employees for the long term but we’re also helping these communities.

Assume the president has a choice of two acts: A1 (frame Y) and A2 (do not frame Y), and assume that of these two 26 utilitarianism and business ethics acts A1 produces more utility than A2. According to act utilitarianism, A1 is morally right, but this, as we noted, seems to violate Y’s rights and seems intuitively wrong. According to rule utilitarianism, we should examine the rules applicable to this circumstance. ). If, as seems plausible, everyone’s following R2 would maximize utility and everyone’s following R1 would not, then the act in accord with R2, namely A2, is morally right.

This squares with our commonsense idea that the “best” business transaction is one in which the “best result” is achieved when both buyer and seller are considered and benefitted. Moreover, act utilitarianism provides a definite method for determining which act is right. It cautions us not to act on our mere intuitions as to what is right and wrong, and requires us to enumerate alternatives, consider all their consequences, calculate utilities, and then act to maximize utility. Now businesses certainly engage frequently in this type of calculation.

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