BA 101 Lecture Notes - Lecture 9: Kantian Ethics, Environmental Degradation, The Roots

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The friedman doctrine: the only social responsibility of business is to increase profits, as long as the company stays within the law and the rules of the game without deception or fraud. Utilitarian: the consequences of the action is used to determine the moral good of the action. Kantian ethics (immanuel kant): the moral worth of actions is determined by one"s motive, not by the outcome or consequence. Rights theories: recognizes that human beings have fundamental rights and privileges. Rights establish a minimum level of morally acceptable behavior. Justice theories: focus on the attainment of a just distribution of economic goods and services that is considered to be fair and equitable. The moral stance employees take when faced with decisions not governed by formal rules. Your choices, decisions, and behavior give definition to the world you live in. You shape the organization and the world your employees inhabit through. Personal ethics code: they don"t agree with with the standard ethics.

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