ethics in business
...al value they add and destroy. The three lines represent society, the economy and the environment. Society depends on the economy and the economy depends on the global eco-system, whose health represents the bottom line. The lines are not stable. They constantly fluctuate due to social, political, economic pressures, cycles and conflicts. Business pros normally refer to just one of the bottom lines because they are only concerned with the economics, because making money is there main area. They don’t find it necessary to teach us the social and environmental aspects which are just as important today in business as the economics are. Family of moral values Goods: happiness and well being: satisfaction, pleasure, the relief of pain and suffering; fulfillment. Social benefits (social, political, or economic products, services, or states of affairs that promote happiness and well being); reduced social costs. - In the sense used here ‘goods’ are fairly definite, concrete, and visible benefits. Well being and satisfaction can be measured by experience, economic sense; products or services are definite and concrete as well. Example: of ‘goods’ in conflict. (Ethics and the welfare system) Good Effects/ Benefits: The welfare system relieves The burden of poverty and Helps people escape Bad effects/ Costs: The welfare system may Perpetuate poverty and Dampen the economy Rights: Appropriate respect for the dignity or worth of each person. Fairness, justice, respecting legal, civil or human rights. Treating others as equals; not acting as though they are somehow less than ourselves. - looking at writing the wrongs - In sense used here, ‘rights’ include ‘rights to’ life etc, but also go further. Example the right thing to do (is it fair, is it just) Example: of ‘rights’ in conflict (ethics and the welfare system) Equality/Fairness The welfare system corrects Radica...