Ethical Reasoning and Decision Making

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Questions and Answers

What is the primary reason for developing ethical reasoning capabilities?

To reduce the importance of self-justification and self-deception
To improve decision-making skills in general
To overcome human tendencies towards egoism and prejudice (correct)
To increase profit in business activities

What is the primary function of ethical reasoning?

To justify our actions and decisions
To differentiate between right and wrong thinking, decisions, and actions (correct)
To determine the most profitable business decisions
To prioritize self-interest over others' well-being

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

Thinking before acting and considering motives (correct)
Acting impulsively without thinking about consequences
Making decisions based on intuition rather than reason
Prioritizing personal gain over collective well-being

What is the primary focus of business ethics?

<p>Applying ethical reasoning and principles to commercial activities (B)</p> Signup and view all the answers

What is a potential consequence of lacking ethical reasoning capabilities?

<p>Making decisions that harm others and/or oneself (C)</p> Signup and view all the answers

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

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Description

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.