ADMS 1000 Lecture Notes - Lecture 9: Sk Group, Cookie Jar (Company), Vivendi
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Ethics: is the study of morality or moral judgements, standards, and rules of conduct, business ethics are the rules, standards, principles, or codes giving guidelines for morally right behaviour in certain contexts. Canada"s acres international, cinar, cibc, and even the governments (gas plant, padding expense accounts) german"s volkswagen. Models for making ethical decisions: utilitarian or end-point ethics (john stuart mills) first articulated by john stuart mills in response to the. Industrial revolution, a way to determine if an action is right or wrong by assessing the likely consequences of the action, including tangible economic outcomes or intangible outcomes. Rule ethics judging actions to be right or wrong according to absolute rules regardless of the consequences. Such rules may be based unreligious beliefs, family values, education, experience, and so on. Utilitarian or endpoint ethics: end-point ethics: assessing the rightness or wrongness of an action by its outcomes.