ADMS 3660 Study Guide - Midterm Guide: Murder Of Kitty Genovese, Normative Ethics, Act Utilitarianism

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Morality is the criteria that someone has about what is right or wrong. Descriptive ethics: what do people think is right and wrong (factual) Normative ethics: what ought to be right and wrong according to people (conceptual) Business ethics: moral standards as they apply to business. Perspectives: ethics as a business constraint, ethics as a business advantage, ethics as underpinning of business. Choices: individual, enlightened self-interest best for society. An individual is morally responsible for: wrongful acts which they performed (or wrongly omitted) and for the injurious effects they brought about (or failed to prevent) when done knowingly and freely. Mitigated by: uncertainty, difficulty, degree of involvement, non-seriousness. Kitty genovese murder someone else will do it. Is a corporation a moral agent: yes. Corporations are machines: liabilities are minimal, csr = moral responsibility of managers on behalf of the firm. Anyone who can affect or is affected by the company: primary: