MGT 101 MODULE 3 AND 4

Defined as the study of what is good or right for human beings. It asks what goals people ought to pursue and what actions they ought to perform.

Branch of applied ethics; it studies the relationship of what is good and right for business

A person’s personal philosophies about what is right or wrong. It is personal or singular.

Specific and pervasive boundaries for behavior that should not be violated. Often become the basis for rules.

Enduring beliefs and ideals that are socially enforced.

Values and standards are written into the legal system and

enforceable in the courts.

Pertains to behavior about which the law has no say and for which an individual or organization enjoys complete

This domain has no specific laws, yet it does have standards of conduct based on shared principles and values about moral conduct that guide an individual or company

The choice between right and wrong made by a person is based on personal consequences from outside sources.

Ethical decisions rely on maintaining expected standards and living up to the expectation of others.