ADMS 3660 Chapter Notes - Chapter 6: Ethnocentrism, Egotism, Relativism

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3 major approaches to thinking about business ethics: Conventional approach, principles approach, & ethical test approach. Follows society"s general views (uses the majorities view to reach conclusion) Law sets the minimal standard of ethics and social norms. It only tells us what we should do. Ethics, economics and law are the central competing expectations that must be considered and balanced against each other in the quest to make wise decisions. 3 models of management ethics: immoral (deceit, void of ethical principles, managers know right from wrong, moral (highest standard of ethics, fairness, respect for rights) (example 183, amoral (can be immoral if intentional but different because of motivation) Intentional amoral management do not factor ethical considerations in their decisions, actions, and behaviours because they believe that business operatoes outside of the sphere of mora judgements. Kohlberg"s levels of moral development: pre-conventional level, conventional level, post conventional, autonomous, principled level.

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