An Ethical Theory Applied to Business Organizations Essay -- Business

The object of this evidence is to establish whether there is an estimable theory that can be successfully applied to crease organizations. In order to answer this question, it is necessary primary to define the major honourable theories, which are utilitarianism, deontology and virtue ethics, before determining whether there are either other options. After that, the ethical needs, problems and limitations of work organizations will fork out to be examined so that the different theories can be evaluated in this context. It will likewise be important to draw a distinction between the call accurate and useful as these actually result in deuce different questions the answer to which need not necessarily be the same. some other essential part of this discussion is the more general question wherefore 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 with in which the answer to the essay question can be included.To begin with, the traditional approaches to solving chaste problems will be defined, namely those of act-utilitarianism and deontology. These are traditional not because they devour existed longer than virtue ethics, that because for a long time they have been the approaches most commonly used as a basis for nerve-racking to solve ethical problems. After looking at these two honorable 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 formulate of consequentialism developed by Jeremy Bentham and John Stuart Mill. It adopts the consequentialist view that it must be remedy to make the world a better place and therefore the unspoilt serve 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 o ne that produces the most happiness. Act-utilitarianism holds that for each one 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... ...usiness Ethics, Vol.19, No.3, April II 1999Cicero Selected Works. Penguin Classics, Harmondsworth - England 1971Donaldson, D. and Davis, E. disdain Ethics? Yes, merely What rump it Do for the Bottom Line? Management Decision, Vol 28, 6, 1990Legge, K. Is HRM ethical? Can HRM be ethical? in Parker, M. (ed.) Ethics and Organisations. Sage Publications - London 1998Madsen and Shafritz Essentials of Business Ethics. Penguin Books 1990McDonald, G. Business Ethics Practical Proposals for Organisations. in Journal of Business Ethics, Vol.19, No.2, April I 1999McNamara, C. Complete Guide to Ethics Management An Ethics Toolkit for Managers. The Management economic aid Program for Nonprofits 1999 (http//www.mapnp.org/library/ethics/ethxgde.htm)McNaughton, D. Moral Vision. Blackwell - Oxford 1988Norman, R. The Moral Philosophers. Clarendon Press - Oxford 1983Pearson, G. fairness in Organisations. McGraw-Hill Book Company - London 1995Richards, R. Cicero and the ethics of honest business dealings. The Online Journal of Ethics 1997Townley, P. Business Ethics Commitment to Tough Decisions. spanking Speeches, pp. 208-211, 1992 (Jan)