Explore tens of thousands of sets crafted by our community.
Business Ethics Theories
15
Flashcards
0/15
Utilitarianism
A consequentialist theory where actions are judged ethical based on their outcomes, aiming for the greatest good for the greatest number.
Deontological Ethics
An ethical theory that stresses the importance of duty and rules and that the morality of an action is based on its adherence to rules and duties.
Virtue Ethics
An ethical theory that emphasizes an individual's character as the key element of ethical thinking, rather than rules or consequences.
Stakeholder Theory
A theory that management should consider the interests of all stakeholders in the company, not just shareholders.
Shareholder Theory
A theory that the primary ethical responsibility of a corporation is to maximize profits for its shareholders.
Corporate Social Responsibility (CSR)
A self-regulating business model that helps a company be socially accountable to itself, its stakeholders, and the public.
Justice and Fairness
Ethical theories that focus on ensuring actions, decisions, and distributions are fair and just to all parties involved.
Rights Theory
An ethical theory based on the recognition and protection of fundamental universal rights, such as the right to privacy or free speech.
Feminist Ethics
An approach to ethics that is centered on the belief that traditionally ethical theorizing has under-valued and under-appreciated women's moral experiences.
Contractarianism
An ethical theory that suggests moral norms arise from the idea of social contracts or agreements among individuals for mutual advantage.
Consequentialism
An ethical theory that holds that the consequences of one's conduct are the ultimate basis for any judgment about the rightness or wrongness of that conduct.
Kantian Ethics
A deontological ethical theory that argues for actions based on duty and in accordance with universal moral laws or categorical imperatives.
Business Ethics
A form of applied ethics that examines ethical principles and moral or ethical problems that arise in a business environment.
Normative Ethics
A branch of ethical philosophy that investigates the set of questions that arise when we think about the question of what one ought to do, morally speaking.
Ethical Relativism
The theory that there are no universal moral norms and that ethical truths depend upon the individuals and groups holding them.
© Hypatia.Tech. 2024 All rights reserved.