Deontology: Business Ethics And The Individual (Mgmt 2010) PDF

DEONTOLOGY BUSINESS ETHICS AND THE INDIVIDUAL (MGMT 2010) 1 Agenda Review Duty theories (i.e. deontology) Manfold Toy Company case study 2  Course Objective Empower YOU to make the best business d...

DEONTOLOGY BUSINESS ETHICS AND THE INDIVIDUAL (MGMT 2010) 1 Agenda Review Duty theories (i.e. deontology) Manfold Toy Company case study 2  Course Objective Empower YOU to make the best business decisions for YOU Focus on making real-world decisions in real-world contexts  Moral Reasoning: How to decide if something is moral or not Factual Moral Moral Information Standards Judgment “Emma killed a kitten” “Killing kittens is bad” “Emma was bad” How do we know that killing kittens is bad? 4 Course Components Guidelines for what is right and what is wrong (just enough) Normative Ethics Applied Business Ethics (Case Studies) (just enough) Meta-ethics 5 Three Types of Normative Ethics Virtue Theories Duty Theories Consequentialism (character) (obligation) (cause & effect) If you develop good Duty compels you to An action is morally right character, you will meet your obligations if the consequences are naturally be virtuous regardless of the more favorable than (i.e. do the right thing) consequences unfavorable 6  Discussion Question Given your personality & values, do you think you are virtuous? Let’s look at some evidence 25 20 15 Expected 10 5 0 1 2 3 4 5 6 L05 L06 L07 L08 25 Actual 20 15 10 5 0 1 2 3 4 5 6 L05 L06 L07 L08 Three Types of Normative Ethics Virtue Theories Duty Theories Consequentialism (character) (obligation) (cause & effect) If you develop good Duty compels you to An action is morally right character, you will meet your obligations if the consequences are naturally be virtuous regardless of the more favorable than (i.e. do the right thing) consequences unfavorable 10 Agenda Review Duty theories (i.e. deontology) Manfold Toy Company case study 11  Discussion Question Do the ends justify the means? Deontology: the ends do not justify the means Building moral standards from obligation Moral Standards What are we talking about? Principles of Obligation 13 Principles of Obligation: Religious Origins We are in class, not church, Example: Samuel Pufendorf but it is important to know where ideas come from Duties to Theoretical duty to know the nature of God Practical duty to inwardly and outwardly worship God God Duties to Duties of the soul, to develop one’s skills and talents Duties of the body, avoid hurting our bodies and not kill Oneself ourselves Duties to Absolute: avoid wronging others, treat others as equals, promote the good of others Others Conditional: abide by your contracts 14 Principles of Obligation: Kant “If you want a good job, you should go to university.” Hypothetical Imperative: Tells us which means achieves our ends. Conditional and situational. “Treat people as an end, not a means to an end.” Categorical Imperative: Mandates an action regardless of one’s personal desires. Unconditional and absolute. Foundation for much of Western political philosophy 15 Principles of Obligation: Rights Theory Start from the idea that people have fundamental duties to others The duties of one person implies the rights of another If I have a right to be paid $15 by John, then he has a duty to pay me $15. A “right” is some justified imposition on someone else’s behavior 16 Principles of Obligation: Rights Theory JOHN LOCKE THOMAS JEFFERSON The Laws of Nature (natural The U.S. Declaration of law) mandate that we Independence recognizes should not harm anyone’s: three basic human rights: Life Life Health Liberty Liberty Pursuit of Happiness Possessions Foundation for what we call universal human rights 17 Principles of Obligation: Rights Theory Four features typically associated with natural rights Natural: not universally invented or created by rulers or governments Universal: apply to all human beings, do not change from country to country Equal: rights are the same to all people Inalienable: not transferrable, I can’t sell myself into slavery Controversial subject across the world today – even within the US 18  Discussion Question Do the ends justify the means? What does Deontology & Rights Theory say about something more relevant to business on a day-to-day basis? Deontology: the ends do not justify the means Principles of Obligation: Professionalism RESPONSIBILITY ACCOUNTABILITY Moral obligation to be: Duty to account for actions: Trustworthy Answerability Capable Blame Dependable & reliable Obligation Exercising good judgment These are things you may encounter day-to-day after graduation 20 Agenda Review Duty theories (i.e. deontology) Manfold Toy Company case study 21  Discussion Question Do you think that the following people acted within the law? Joseph Wan (Choi-lon) Maggie Mok (Su-yee) Fred Wong (Sau-lim) Sherona Leung (Ka-yi) Matthew Ip (Man-ching) Daniel Kot (Chun-li) Vivian Chen (Wing-yi) Wu Jiaxiong Ken Tse (Tai-ho)  Discussion Question Do you think that the following people acted ethically? Joseph Wan (Choi-lon) Maggie Mok (Su-yee) Fred Wong (Sau-lim) Sherona Leung (Ka-yi) Matthew Ip (Man-ching) Daniel Kot (Chun-li) Vivian Chen (Wing-yi) Wu Jiaxiong Ken Tse (Tai-ho)  Discussion Question Do you think that the following people did the right thing? Joseph Wan (Choi-lon) Maggie Mok (Su-yee) Fred Wong (Sau-lim) Sherona Leung (Ka-yi) Matthew Ip (Man-ching) Daniel Kot (Chun-li) Vivian Chen (Wing-yi) Wu Jiaxiong Ken Tse (Tai-ho) Relationships among key players HK Highland Wu Jiaxiong Golf Club Fred Wong (Sau-lim) Sherona Leung Wan (Ka-yi) We Care family Charity GAOA Joseph Wan Maggie Mok Vivian Chen (Choi-lon) (Su-yee) (Wing-yi) Prince Ken Tse HKU College (Tai-ho) Daniel Kot (Chun-yi) Matthew Ip (Man-ching) 25  Activity Discuss these three questions within a 5-person group and come up with a consensus. Appoint a spokesman to represent the group’s decisions (and to earn participation credit). Time: 20 minutes  Discussion Question Do you think that the following people acted within the law? Joseph Wan (Choi-lon) Maggie Mok (Su-yee) Fred Wong (Sau-lim) Sherona Leung (Ka-yi) Matthew Ip (Man-ching) Daniel Kot (Chun-li) Vivian Chen (Wing-yi) Wu Jiaxiong Ken Tse (Tai-ho)  Discussion Question Do you think that the following people acted ethically? Joseph Wan (Choi-lon) Maggie Mok (Su-yee) Fred Wong (Sau-lim) Sherona Leung (Ka-yi) Matthew Ip (Man-ching) Daniel Kot (Chun-li) Vivian Chen (Wing-yi) Wu Jiaxiong Ken Tse (Tai-ho)  Discussion Question Do you think that the following people did the right thing? Joseph Wan (Choi-lon) Maggie Mok (Su-yee) Fred Wong (Sau-lim) Sherona Leung (Ka-yi) Matthew Ip (Man-ching) Daniel Kot (Chun-li) Vivian Chen (Wing-yi) Wu Jiaxiong Ken Tse (Tai-ho)