ADMS 1000 Chapter Notes - Chapter 10: Protestantism, Financial Statement, Invisible Hand

68 views6 pages
whitebuffalo5917706 and 39630 others unlocked
ADMS 1000 Full Course Notes
12
ADMS 1000 Full Course Notes
Verified Note
12 documents

Document Summary

Ethics: the study of morality or moral judgements, standards, and rules of conduct. Business ethics: the rules, standards, principles, or codes giving guidelines for morally right behaviour in certain contexts. Unethical behaviour: behaviour that in some way has a harmful effect on others and is either illegal or morally unacceptable to the larger community. Models for judging the ethics of decisions: business ethics is typically examined using normative theories, the two ways that theories of ethics have been grouped, utilitarian or end point ethics (consequential, rule ethics (non consequential) The consequences of our actions: focus is on judging the ethics of an action by considering its outcome of the parties. If the benefits outweigh the costs, then we go ahead with the decision or choose the decision that gives us this outcome. However many may argue that we might be supporting oppressive regimes.

Get access

Grade+20% off
$8 USD/m$10 USD/m
Billed $96 USD annually
Grade+
Homework Help
Study Guides
Textbook Solutions
Class Notes
Textbook Notes
Booster Class
40 Verified Answers
Class+
$8 USD/m
Billed $96 USD annually
Class+
Homework Help
Study Guides
Textbook Solutions
Class Notes
Textbook Notes
Booster Class
30 Verified Answers

Related Documents

Related Questions