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23 Pages Complete Study Notes Year: Pre-2021

Week 1 : The Nature of Ethics There are three types of questions we ask when we investigate ethics: • Meta-ethical questions ( about ethical concepts ) • Descriptive questions ( what actually occurs ) • Normative questions ( how we ought to act, or what sort of people we should be ) Ethical issues in business can be examined at three different levels: • The individual level: How individuals make ethical choices, the characteristics of an ethical individual • The organisational level: How ethics is affected by the business context, how businesses can address ethical issues • The systemic level: How economic systems can be structured in an ethical way, how the various goods in society ought to be distributed Ethical relativism • This view has led some to claim that what is ethically right or wrong in a particular situation can vary depending on culture (is relative to culture) • In a particular situation, the same choice can be right for one person and wrong for another • This can also be applied at an individual level, claiming that what is ethically right or wrong in a particular situation can vary depending on the individual (is relative to each individual) Moral Principles: • ‘Integrity’ can be defined as “the quality of being honest and having strong moral principles that you refuse to change” • Accepting a moral principle implies that we are motivated to follow that principle


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