1. Discuss the market system and the need for ethics in business and distinguish
ID: 404899 • Letter: 1
Question
1. Discuss the market system and the need for ethics in business and distinguish it from the law and concepts of virtue and morality.
2. Discuss ethics in the context of relativism, psychological egoism, utilitarianism, deontology, and virtue ethics.
3. Discuss the ideas of character ethic, female ethic, human rights, and ethical action.
4. Discuss the factors influencing employee issues including the right to work, employment at will, due process and employee participation, health and safety standards, family responsibilities, the right to privacy, and substance abuse testing.
5. Discuss the professional ethics and responsibilities of intermediaries, managerial responsibility and loyalty, and employee responsibilities to the community.
6. Discuss how the traits of ethical leaders and the influence of the group affect moral responsibility. Provide an example in your writing.
Explanation / Answer
Ethics, also known as moral philosophy, is a branch of philosophy that involves systematizing, defending and recommending concepts of right and wrong conduct.[1] The term comes from the Greek word ethos, which means "character". Ethics is a complement to Aesthetics in the philosophy field of Axiology. In philosophy, ethics studies the moral behavior in humans and how one should act. Ethics may be divided into four major areas of study:[1]
Meta-ethics, about the theoretical meaning and reference of moral propositions and how their truth values (if any) may be determined;
Normative ethics, about the practical means of determining a moral course of action;
Applied ethics, about how moral outcomes can be achieved in specific situations;
Descriptive ethics, also known as comparative ethics, is the study of people's beliefs about morality;
Ethics seeks to resolve questions dealing with human morality
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