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    Ethics Ch2 Reflection

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    The document discusses key concepts in business ethics including metaethics, normative ethics, and moral reasoning. It covers different theories of metaethics like objectivism and subjectivism. In normative ethics, it examines virtue ethics, duty theories, consequentialism, and social contract theory. Moral reasoning is important for business ethics as it allows for proper analysis of issues using moral standards to determine what is required, prohibited, valued, or condemned. The chapter emphasizes gathering evidence and applying consistent moral judgments in analyzing ethical problems.

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    Ethics Ch2 Reflection

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    Channel Bucoy
    34 views1 page
    The document discusses key concepts in business ethics including metaethics, normative ethics, and moral reasoning. It covers different theories of metaethics like objectivism and subjectivism. In normative ethics, it examines virtue ethics, duty theories, consequentialism, and social contract theory. Moral reasoning is important for business ethics as it allows for proper analysis of issues using moral standards to determine what is required, prohibited, valued, or condemned. The chapter emphasizes gathering evidence and applying consistent moral judgments in analyzing ethical problems.

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    Sources of Moral Standards and Criteria of Moral Conduct

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    The document discusses key concepts in business ethics including metaethics, normative ethics, and moral reasoning. It covers different theories of metaethics like objectivism and subjectivism. In normative ethics, it examines virtue ethics, duty theories, consequentialism, and social contract theory. Moral reasoning is important for business ethics as it allows for proper analysis of issues using moral standards to determine what is required, prohibited, valued, or condemned. The chapter emphasizes gathering evidence and applying consistent moral judgments in analyzing ethical problems.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    34 views1 page

    Ethics Ch2 Reflection

    Uploaded by

    Channel Bucoy
    The document discusses key concepts in business ethics including metaethics, normative ethics, and moral reasoning. It covers different theories of metaethics like objectivism and subjectivism. In normative ethics, it examines virtue ethics, duty theories, consequentialism, and social contract theory. Moral reasoning is important for business ethics as it allows for proper analysis of issues using moral standards to determine what is required, prohibited, valued, or condemned. The chapter emphasizes gathering evidence and applying consistent moral judgments in analyzing ethical problems.

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    © All Rights Reserved
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    of 1

    CHAPTER 2: Reflection

    The study of mataethics and normative ethics are both significant in the subject learning
    of business ethics. In mataethics, we have realized that our persona can either be ascribed to God
    or to man. Though in both, we have to make a firm commitment. Here, we focus ourselves to the
    discovery of reasons and explanations of the two prominent issues: metaphysics and psychology.
    Metaphysics refers to the question of objectivism – belief that precepts are given by God, and
    subjectivism – belief that precepts are agreed by humanity. Questions on psychology are: egoism
    and altruism, emotion and reason, male and female morality, moral development theory, and the
    theory of aftercare.

    In normative ethics’ sense, we realized that there are many other principles to pattern
    ourselves to. But still, it is dependent on the study of these principles, whether we should commit
    to them as a whole, or by piece. The discussions centered on virtue ethics, duty theories,
    consequential theories and the social contract theory. Good habit may lead to the acquisition of
    virtues, and bad deeds to vices. Duties are also considered non-consequentialist theories because
    they have to be performed despite the consequences. Basically, consequentialist theories are
    those that focus on the rightness or wrongness of the act based on the rightness or wrongness of
    their consequences. Finally, the social contract theory states that man, by nature, is selfish. In a
    society, there is the natural inclination of man to make rules in order to protect the individual
    interests of its members.

    Business ethics is applied ethics, as stated in the book. Moral reasoning is crucial to
    business ethics because this is a process of reasoning that leads to the proper treatment of issues.
    The analysis of ethical business issues needs the identification of what moral standards should be
    used as benchmark to solving issues. It should be thoroughly understood in terms of what they
    require, prohibit, value, and condemn. Only then can we subject the policies of individuals and
    organizations to ethics.

    In chapter 2: Sources of Moral Standard and Criteria of Moral Conduct, we also learned
    the value of judging and analysing issues we have at hand. We also now understand and
    recognize the need for professional scepticism, and thorough the analysis and understanding of
    such issues. With all the assumptions, evidences have to be gathered to prove adherence or
    violations to moral standards. We cannot judge based on hearsays or the like. There has to be
    proof and further validation. We don’t take fallacies as facts.

    Moreover, as the book says “We must be consistent in our judgement.” And we can only
    make this true, if we also are consistent in applying the same moral standars in our lives.

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