GMS 802 Chapter Notes - Chapter 1: Examined Life, Consequentialism, Deontological Ethics

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While most people are clear about their own ethics, it is often difficult to sort out which ethics lessons are critical to the conduct of business and which are not relevant in a certain situation or context. Management must see ethics not only as an integral part of management but also as something that can help them and their organization achieve excellence. One of today"s popular conceptions is that business ethics is an. Our society itself was founded on many of the moral ideals that undergird capitalism, including respect for the individual, freedom of association, limited government involvement, and the sanctity of personal property rights. To have a sense of wholeness, we need to be able to see ourselves as having integrity in our lives, and not just in our personal affairs. The idea of accountability that is central to ethics is also critical in business.

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