PHI 1101 Lecture 1: Final Exam Notes for ADM 1301 with Pouya Safi

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PHI 1101 Full Course Notes
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PHI 1101 Full Course Notes
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6 steps to decision making: define the problem: do a stakeholder analysis (investor, customers, suppliers, etc. ) Is the decision one in which i can be open, honest, truthful, proud or do i have to hide it (virtue ethics): make the decision. Act in a way that generates greatest benefit for largest number of people. Act in a way that a similar decision would be reached by others. Do unto others as we would like to be treated . Act in a way that is open, honest, truthful, proud. Act with wisdom, temperance, humility, prudence, courage, justice. Subjective evaluation of what is considered important. trap= ethical egoism. Awareness of moral or ethical implications of business decision or actions. Level 3: outcomes from decisions or corporate actions. Corporate ethics programs have: statement of values; code of conduct and/or ethics; ethics training; ethics audits and consulting services; ethics officers and committees; ethic reporting systems. (programs vary by business enterprise)

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