BUSI 18 Chapter Notes - Chapter 2: John Stuart Mill, Ethical Decision, Deontological Ethics
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Alpha does have a sense of obligation to aid as many people as it can with its profits, but only at the expense of being able to continue. Vii) chapter review: chapter conclusion, managers must be ethical first and foremost as to set an example for their workers or help the company in general, exam review, ethics the law dictates how a person must behave. Ethics governs how people should behave: life principles life principles are the rules by which you live your life. Society as a whole benefits from ethical behavior. People feel better when they behave ethically: unethical behavior can be very costly. Ethical behavior is more likely to pay off: utilitariansim v. deontolical ethics utilitarian thinkers believe that moral actions produce the greatest good for the greatest number. Deontological thinkers such as immanuel kant argue that, when assessing whether a decision is the most ethical choice, the end result is immaterial.