BUS 223 Chapter Notes - Chapter 3: Immanuel Kant, Business Ethics, Deontological Ethics
24 Oct 2017
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Definitions: ethical relativism: an important perspective within the philosophical study of ethics that holds fact ethical values and judgments are ultimately dependent on, or relative to, one"s culture, society, or personal feelings. Relativism denies that we can make rational or objective ethical judgments: utilitarianism: an ethical theory that tells us that we can determine the ethical significance of any action by looking to the consequences of that act. Principle-based ethics typically assert that individual rights and duties are fundamental and thus can also be referred to as a rights- based or duty-based (deontological) approach to ethics. Often distinguished from consequentialist frameworks, determine ethical decisions based on the consequences of our acts: virtue ethics: an approach to ethics that studies the character traits or habits that constitute a good human life, a life worth living. The virtues provide answers to the basic ethical question.
