PHIL 2600 Lecture Notes - Lecture 1: Managerialism, Multinational Corporation, Cultural Imperialism

• School: University of Guelph
• Department: Philosophy
• Course: PHIL 2600
• Professor: Aaron Massecar

Document Summary

Week 1 introducing business ethics (p. 3-44) Law is essentially an institutionalization or codification of ethics into specific social rules, regulations and proscriptons. Business ethics: grey areas" of business values in conflict". Business ethics: the study of business situations, activities and decisions where issues of right and wrong are addressed: everyday business activities require the maintenance of basic ethical standards such as honesty, trustworthiness and co-operation. Morality: concerned with the norms, values and beliefs embedded in social processes which define right and wrong for an individual or a community. Ethics: concerned with study of morality and application of reason to elucidate specific rules and principles that determine right and wrong for a given situation (ethical theories) Ethics rationalises morality to produce ethical theory that can be applied to any situation. Delivery of mission to clients; integrity of tactics; legitimacy and accountability. Rule of law, corruption, conflicts of interest, procedural issues, accountability.