ACTG 2010 Lecture Notes - Lecture 5: Divine Command Theory, Moral Relativism, Business Ethics
Document Summary
Deals with individual character and the moral rules that govern/limit our conduct. Broad field of inquiry that addresses questions of right and wrong, duty and obligation, and moral responsibility. Study of what constitutes right and wrong (good and bad) human conduct in a business context. Concerns behaviour of serious consequence to human welfare that can profoundly harm or benefit people. Must be distinguished from: (1) ettiquette rules for well-mannered behaviour (2) law statutes, regulations, common law, and constitutional law. Concerns of which the violation of these standards do not pose threat to human well-being i. e etiquette, fashion, grammatical. Theory that right and wrong are determined by what one"s society deems as right and wrong no absolute ethical standard. Many problems with this theory (i. e supposedly business would have its own morality) The of business business has been considered a with distinct rules and customary ways of doing things.