BUL 3130 Study Guide - Midterm Guide: Moral Realism, Human Resource Management, Legal Realism
Document Summary
Chapter 1: relevant areas of business law applicable to human resource management involve: contracts. Natural law- describes certain ethical laws and principles believed to be morally right and above the laws devised by humans. Legal positivism- sees our proper role as obedience to duly authorized law, and law is distinct from morality (opposite of natural law) Identification with the vulnerable- some higher law connects all of us, linked to the pursuit of happiness. Historical school- following tradition or custom to shape the law, closely linked with the doctrine of stare decisis. Chapter 2: business ethics- the application of ethics to the special problems and opportunities experienced by business people. The minimum acceptable standard for business ethics is whether or not the decision is legal. Illegal decisions will never be ethical: wph framework for business ethics (who, purpose, how) How: stakeholders- the (cid:373)a(cid:374)y groups of people affe(cid:272)ted (cid:271)y the fir(cid:373)"s de(cid:272)isio(cid:374)s, i(cid:374)(cid:272)ludi(cid:374)g (cid:271)ut not limited to.
