MGMT 1005H- Final Exam Guide - Comprehensive Notes for the exam ( 40 pages long!)
Document Summary
Ethics: metaethics, normative ethics, applied or practical ethics ---what we are learning. Goal of applied ethics: define ethical conduct using objective standards and an analysis of benefits, harms, rights, and needs. Analysis based on rules and principles, not consequences. Two classes of pleasure: lower (animal) (good food, higher (uniquely human) (intellect/reason, utilitarianism for business, make money and other positive utilities ii. Act only when you can universalize your actions. Stakeholder analysis: owners, employees, customers, suppliers, competitors, community, government, activists, public at large environment. From 1-3, as time goes by, don"t look to the future. Stage theory of moral development: lawrence kohlberg, six stages in a person"s ability to deal with moral issues i. ii. iii. Safety equals, danger equals, ethics has a game-like quality: connected self (women) i. Safety equals, danger equals, ethics is rooted in trust and web . Business should be connected rather than a separate enterprise. Sometimes we want participation, sharing power/information, encouraging others.
