BA 3102 Lecture Notes - Lecture 3: John Stuart Mill, Gift Card, Immanuel Kant

• School: Temple University
• Department: Business Administration
• Course: BA 3102
• Professor: Professor Miller

Document Summary

Bankruptcy changed in 1975 made it easier to declare then go back into business. Example is donald trump; he declared bankruptcy about. Two different ways of thinking about ethics and business ethics (absolutism/relativism: two perspectives or philosophical paradigms. Absolutism there are universal moral and ethical standards. Relativism no moral standards exist universally. Example: stealing to avoid starvation is acceptable, moral and ethical: rationale: there are levels of morality. In short, a family starving mat say that perhaps society is flawed and that a little stealing is fair and justified in this dire situation. Cheating on scientific studies to prove a drug is safe is very wrong. Telling a white lie may be lying but if the intent is to spare someone"s feelings from harm, well relative ethics might say it"s a little more right than wrong: the rub! Without free will, how can humans be responsible for actions: free will.