Week 1 Assignment
University of Phoenix
August 17, 2012
Dr. Michael L. Gonzales
Every individual has their own definition on business ethics. Business Ethics is a moral responsibility that is practiced in every workplace environment from the subordinate to upper management. Ethical decisions are based on the notion of knowing the difference between right and wrong.
Virtue theory, utilitarianism, and deontological ethics
Virtue ethics emphasizes personal virtues, or moral character (Hursthouse, 2012). Virtue ethics comes from the notion of what the individual believes is good compared to what is not. A person may view a decision as malicious, while the person who is committing the act may view it as moral and just. Depending on a certain situation, a person may develop a sense of virtue and desire to determine what is best.
Utilitarianism is a theory in which an action is morally right when that action produces more total utility for the group than any other alternative (Boylan, 2009). A term used to describe utilitarianism, is consequentialism. An individual will predict the consequences of an action then base the decision on that consequence. Solutions are predicted by comparing different consequences for each action. An individual may question regarding how a decision would affect the balance of good over evil. The similarities between utilitarianism and the other two theories is that people are basing ethical decisions on what is morally right.
When a person does the right thing just because it is the right thing to do in a given situation without considering any consequential evidence, deontological ethics takes place. Unlike utilitarianism, deontological ethics is based on principle. The individual feels a sense of duty to do what is moral. Individuals practicing the deontology theory tend to base choices on the morality of the issues rather than the consequences....