MGMT 1040 Chapter Notes -Pareto Efficiency, Distributive Justice

• School: York University
• Department: Management
• Course: MGMT 1040
• Professor: William(bill) Woof

Document Summary

[individual determinants of moral standards: personal goals: our expectations of outcomes. Including material possessions, lifestyle preferences, personal goods and social aims: personal norms: expectations of behavior. The way we expect to act and the ways in which we expect others to act in given situations. It is different from moral standards wince it doesn"t associate with right or wrong. : personal beliefs: the ways we expect to think, and the ways in which we expect others to think, about given situations. It supports our norms, and norms usually lead to our goals. Ex) you believe smoking will cause cancer: personal values: the ways we judge the relative importance of what we want to have. 4 determinants will be affected from cultural and religious tradition as well as the economic and social situation of the person. [recognize the moral impacts: benefits: whose well-being will be substantially improved by the present or proposed action.