BUS 223 Study Guide - Midterm Guide: Consequentialism, Social Entrepreneurship, Social Web
16 Mar 2017
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Chapter 3 philosophical ethics & business page 123-149. Human rights & social justice: liberty to make our own choices deserves special protection as a basic right, equal treatment & equal consideration must be fundamental rights. Virtue ethics: making decisions based on integrity & character: virtues can be understood as those character traits that would constitute a good meaningful life. Test two date: wedneday march 9 2016: egoism a view which holds that people act only out of self-interest, the biggest challenge to ethics is the apparent gap between self-interest & altruism, or between motivation that is. 3 ethical frameworks: utilitarianism, looks at outcomes, popular in politics, principle-based/ rights-based. Judges talks about this approach / found in the justice system: gives individuals a basket of rights, & society can"t go beyond this basket of right, virtues/character, see in friendships, set limits on our friendships. It is a key argument in favour of markets is rooted in utilitarianism reasoning.
