chapter four ethics ethical reasoning

1. Chapter 4
Ethics and Ethical
reasoning

2. By :
Waleed AL-Furaih
Mohamed AL-Subaie
Abdulmohsen AL-harbe
Mohamed AL-
Ansary

3. The meaning of Ethics
• Ethics : conception of right and
wrong conduct .
• Principles : guides to moral
behavior .

4. What is ethical relativism ?
• that what is truly right depends solely on
what the individual or the society thinks is
right. Because what people think will vary
with time and place, what is right will also
vary.

5. What is business ethics ?
• The application of general ethical ideas to business
behavior .
* low management is one of the reason of unethical
behavior .
* to be considered ethical … the organization must set
a proper behavior that fit every one .

6. Why be ethical
* to meet demands of business stakeholders
* to enhance business performance .
To comply legal requirement .
* Minimize harm
*promote personal morality .

7. The reason behind ethical
problems
* personal gain and self interest .
* competitive pressures on profits .
* conflicts in interest .
* cross cultural contradictions .

8. The core elements of ethical
character
* manager value .
* spirituality in the workplace .
Managers moral development .

9. The first method of ethical
resoning
Virtue :
Value and personal character .
It goal is to be a good person and have
moral values .
Examples :
Courage – faith – hope – honesty

10. The second method of ethical
reasoning
Utility :
The amount of good can be produced by
decision.
It compares between the benefit and cost of
decision .
Its hard measuring the ethical utility like in
employee morality – physically satisfaction
– the worth of human life .

11. The third method of ethical
reasoning
Rights :
That a person or a group is entitled to something or expect to be
treated in a certain way .
Most important rights :
- safety – free speech – freedom – being informed
Its challenging to ORG balance the employes right because that
may lead to conflicts in rights .
The right of a person must not cause any harm to the other and
their rights .

12. Forth method of ethical
reasoning
Justice :
Distributing benefits and burdens equitably
and according to a accepted rule .
Example :
Salary must be fair according to the
employee work .

13. The End