This website uses cookies to ensure you have the best experience. Learn more

An Ethical Theory Applied To Business Organizations

2779 words - 11 pages

The object of this essay is to establish whether there is an ethical theory that can be successfully applied to business organizations. In order to answer this question, it is necessary first to define the major ethical theories, which are utilitarianism, deontology and virtue ethics, before determining whether there are any other options. After that, the ethical needs, problems and limitations of work organizations will have to be examined so that the different theories can be evaluated in this context. It will also be important to draw a distinction between the terms “accurate” and “useful” as these actually result in two different questions the answer to which need not necessarily be the same. Another essential part of this discussion is the more general question why there should be ethics in work organizations in the first place, and to what extent ethical behavior is feasible in the business world. Hopefully this will provide a framework within which the answer to the essay question can be included.
To begin with, the “traditional” approaches to solving moral problems will be defined, namely those of act-utilitarianism and deontology. These are traditional not because they have existed longer than virtue ethics, but because for a long time they have been the approaches most commonly used as a basis for trying to solve ethical problems. After looking at these two moral theories, the approach of virtue ethics regarding moral dilemmas will be investigated in order to compare differences and advantages as well as problems.

Utilitarianism is a form of consequentialism developed by Jeremy Bentham and John Stuart Mill. It adopts the consequentialist view that it must be right to make the world a better place and therefore the right action is the one that produces the best consequences. Utilitarianism takes this one step further and defines the action that will produce the best consequences as the one that produces the most happiness. Act-utilitarianism holds that each case should be judged separately in terms of which possible action would maximise happiness; this means that there are no rules to follow, but the theory seems to provide a decision-procedure to act upon in that one acts upon a principle of justice.

Intuitively this seems to be an appealing solution to ethical dilemmas. To maximise happiness makes utilitarianism a noble ideal. Furthermore, we are offered a clear decision making procedure when confronted with situations of moral uncertainty, with a definite goal towards which we should strive, namely the fulfilment of the Greatest Happiness Principle. In addition to this it has the property of universalisality in that the right action will be right for everyone. However, as a pragmatic and functional system of moral analysis, Utilitarianism has a number of difficulties. One of the major problems is the fact that it is extremely difficult to quantify happiness, and if it is not possible to decide which of several available...

Find Another Essay On An Ethical Theory Applied to Business Organizations

Erikson’s Theory of Psychosocial Development Applied to Teaching Technology

2267 words - 9 pages Erikson’s Theory of Psychosocial Development Applied to Teaching Technology Erik Erikson believed that individual development takes place in a social context. He believed that development is a lifelong process. His theory contains eight stages of development that occur at different points in an individual’s life. At each stage, the individual has, what he coined as, a developmental crisis. Developmental crises are issues in the stage

Just War Theory as Applied to Operation Just Cause

2693 words - 11 pages an enhanced Panama. The first of three just cause theory principles is jus ad bellum, or the justice of war. Jus ad bellum puts the burden of deciding if a state satisfies each of the six major rules and can resort to war on the political leaders of the state (Orend, 32). The six major rules include: just cause, right intention, public declaration by proper authority, last resort, probability of success, and proportionality. In Operation Just

Freud’s Theory of Psychosexual Development Applied to "Finding Nemo"

1999 words - 8 pages comes and gets him and yells at him in front of all his class mates and that really make Nemo want to rebel. So that is when he sees the boat and goes up and touches it and gets captured and Marlin now feels like a failure because he had told him when he was an egg he would always protect him. Freud would look at this behavior and go to his Theory of Psychosexual Development. Which sounds weird but in this case you can see it quite clearly. First

Ethical and Moral Philosophies: Application to Business

1263 words - 5 pages practical degree in order to determine ways of disciplining employees who exhibit behaviors outside an organizations accepted norms and culture. Third, employee relations- moral philosophy enables a business enterprise to evaluate the continuous relations between employees and the management within the company, both in terms of ethical considerations and in terms of discipline, for instance, employee- manager relationship outside the

The Absolute Maximum Theory Applied to the Non Real Estate Mogul

1269 words - 5 pages travel up the bell curve. However, as we approach the maximum profit point, the bell curve starts to level out. If we continue putting money into said renovations, the graph begins to head back down the other side, inverting our profit to an unfavorable financial result. This bell curve is applied to each and every renovation separately as well. For example: If you purchase a foreclosed home with, ironically, a now rusted stainless steel sink

How to Develop an Ethical Organization

2845 words - 11 pages applied in representative situations. Also, the ethical programs will communicate our commitment to ethical behavior throughout the organization as it relates to the situations.Within our ethics program we even wanted to take it to the extent as to include training on the Federal Sentencing Guidelines for Organizations (FSGO) of 1991, we want employees to understand that unethical or illegal actions can result in not only problems for the individual

Criminalogical Theories Applied to Monster The Autobiography of an LA Gang Member

1288 words - 5 pages Criminalogical Theories Applied to Monster The Autobiography of an LA Gang Member In Monster: The Autobiography of an L.A. Gang Member, Kody Scott tells the story of the struggle between two significantly large gangs. At the age of eleven he was initiated into the Crips, and committed his first murder. It was this day that began what would become a career for Kody: banging (Scott, 1993). Kody worked hard to secure a reputation for his

Systematic model simplification procedure applied to an electro-pneumatic clutch model

576 words - 3 pages In this paper a systematic approach is presented for model simplification. The approach is applied for simplifying a detailed dynamic hybrid model of an electro-pneumatic clutch system that was originally developed from first engineering principles. The model simplification is performed by applying simplifying assumptions to the model. The top-down way of traversing the model elements using their hierarchy tree ensures the systematic way of the

Developing an Ethical Framework and Applying It to an Ethical Dilemma

2319 words - 9 pages Introduction It is the purpose of this paper to explain the process by which I have come to develop my own ethical framework and apply this framework to an ethical dilemma. I have discovered through my research that an ethical framework is a collection of guidelines, usually in question format, that function together to support and reinforce the ethical decision-making process. Ethical frameworks can be designed and applied in both personal

Ethical Practices and Values as a Means to Business Sustainability

1706 words - 7 pages closely related, their effect and application in business activities correlate and they make one to ask very important questions that may or may not guide an individual in an organisation to make an ethical decision. Diagram1: Ethics Values What should I do? Why? What do I choose? What are the intentions? How should I do this? What must I sacrifice? When one asks himself/herself these questions, one’s inner conscience becomes active and then

Critically Discuss Utilitarianism as an Ethical Theory. What are the Problems that Confront Utiliatarianism as a Theory of Public Policy?

2637 words - 11 pages that Utilitarianism violates societies' rules and laws in some cases to bring about the happiness for the greatest number.In Utilitarianism the agent it placed with much onus upon him, as he has to ensure that his actions bring about happiness for others. In this case the agent is placed with much responsibility when the security of his own happiness is not guaranteed by the actions of others. In summation then Utilitarianism as an ethical theory

Similar Essays

Establish Whether There Is An Ethical Theory That Can Be Successfully Applied To Business Organisations

2784 words - 11 pages The object of this essay is to establish whether there is an ethical theory that can be successfully applied to business organisations. In order to answer this question, it is necessary first to define the major ethical theories, which are utilitarianism, deontology and virtue ethics, before determining whether there are any other options. After that, the ethical needs, problems and limitations of work organisations will have to be examined so

An Ecological Theory Applied To Aging

1371 words - 5 pages their hundreds and remaining active. In addition, various forms of martial arts are practiced to enhance balance, coordination, and flexibility, and cardiovascular exercise strengthens the heart, body, and elevates mood levels. Because of a heightened awareness of the positive effects of keeping a healthy diet and exercising regularly, in many cases, people can continue to function physically and mentally at high levels. An ecological theory of

Organizational Theory Applied To The Challenger Disaster

1009 words - 4 pages Groupthink has had a negative role in many organizations ability to make rational and ethical decisions. The Challenger disaster is no different, in fact its outcome was more serious than most. The Challenger disaster was caused by Groupthink, specifically the pressure that management was subjected to, which was then forced upon the engineers.The symptoms of Groupthink were clearly the downfall of the Challenger disaster. By analyzing these

In What Ways Are Bureaucratic Organizations An Ethical Issue?

1421 words - 6 pages Bureaucracy corresponds to the legal-rational type of authority. It is an organizational design characterized by a specialization of labour, a specific authority hierarchy, a formal set of rules and rigid promotion and selection criteria.According to Weber bureaucracy was the most efficient way of running large organizations, because of the following characteristics:1) Job Specialization: Parts of a particular activity was broken down into small