Ethics

Questions to Consider

Consider these questions while reading this module:

• What is ethics? What is business ethics? Why is business ethics important?
• What is the relationship between ethics and the law?
• How are ethical decision-making models similar? different?
• What are the key principles of Utilitarianism, Kantian (or duty) ethics, Justice ethics and virtue ethics as approaches to ethical reasoning?
• How can these theories be applied to ethical decision-making?
• What ethical principles guide your conduct?
• Why is ethical leadership important?
• Should business be "socially responsible?" Why or why not? What theories support your position?