Ethical Reasoning and Decision Making

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What is the primary reason for developing ethical reasoning capabilities?

To overcome human tendencies towards egoism and prejudice

What is the primary function of ethical reasoning?

To differentiate between right and wrong thinking, decisions, and actions

What is the main characteristic of ethical reasoning in decision-making?

Thinking before acting and considering motives

What is the primary focus of business ethics?

Applying ethical reasoning and principles to commercial activities

What is a potential consequence of lacking ethical reasoning capabilities?

Making decisions that harm others and/or oneself

Study Notes

Ethical Reasoning

  • Human nature is prone to egoism, prejudice, self-justification, and self-deception, making it essential to develop ethical reasoning capabilities
  • Ethical reasoning enables us to distinguish between right and wrong thinking, decisions, and actions that may harm others and ourselves

Key Aspects of Ethical Reasoning

  • Involves critical thinking before acting
  • Requires understanding of motives before consequences occur

Business Ethics

  • Applies ethical reasoning and principles to commercial activities
  • Often focused on profit-oriented activities

Developing ethical reasoning capabilities is crucial in determining right and wrong decisions. Understand the importance of thinking before acting and the impact of our choices on others and ourselves.

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