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</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</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.

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