ADM 3318 Lecture Notes - Lecture 7: Moral Relativism, Morality, Business Ethics

• School: University of Ottawa
• Department: Administration
• Course: ADM 3318
• Professor: Ado Abdoulkadre

Document Summary

Moral values are: objective moral values of the spiritual, other wordly view are absolute or business ethics. Different moral values human inventions (moral relativism: psychological/mental basis of moral judgments and conduct: self-interest. Ethical dilemmas: a situation in which there is no ethically acceptable solution. If a culture support slavery, it is okay to use slave labour in a country. Justice theories: attainment of a just distribution of economic goods and services: all economic goods and services should be distributed equally. Liberty of conscience and freedom of thought. Freedom and right to hold personal property. Freedom from arbitrary arrest and seizure: once equal basic liberty is assured, inequality in basic social goods(income; wealth distribution; opportunities) is to be allowed only if such inequalities benefit everyone. Difference principle: inequalities can be just if the system that produces inequalities is to the advantage of everyone.