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  1. Normative ethics, that branch of moral philosophy, or ethics, concerned with criteria of what is right and wrong. It includes the formulation of moral rules that have implications for what human actions, institutions, and ways of life should be like. It is usually contrasted with theoretical ethics and applied ethics.

    • Metaethics

      Metaethics, the subdiscipline of ethics concerned with the...

    • Deontological

      deontological ethics, in philosophy, ethical theories that...

    • Teleological

      teleological ethics, (teleological from Greek telos, “end”;...

    • Business Ethics

      business ethics, branch of applied ethics that studies the...

    • Applied Ethics

      Applied ethics, the application of normative ethical...

    • Virtue Ethics

      virtue ethics, Approach to ethics that takes the notion of...

    • Utilitarianism: A Consequentialist, “Ends Justifies Means” Approach. The utilitarianism principle basically holds that an action is morally right if it produces the greatest good for the greatest number of people.
    • Universalism: A Duty-Based Approach. Universalism is a principle that considers the welfare and risks of all parties when considering policy decisions and outcomes.
    • Rights: A Moral and Legal Entitlement–Based Approach. This principle is grounded in both legal and moral rights. Legal rights are entitlements that are limited to a particular legal system and jurisdiction.
    • Justice: Procedures, Compensation, and Retribution. This principle has at least four major components that are based on the tenets that (1) all individuals should be treated equally; (2) justice is served when all persons have equal opportunities and advantages (through their positions and offices) to society’s opportunities and burdens; (3) fair decision practices, procedures, and agreements among parties should be practiced; and (4) punishment is served to someone who has inflicted harm on another, and compensation is given to those for a past harm or injustice committed against them.
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  3. Ethics essentially involves how we act, live, lead our lives, and treat others. Our choices and decision-making processes and our moral principles and values that govern our behaviors regarding what is right and wrong are also part of ethics. 1. Normative ethics refers to the field of ethics concerned with our asking how should and ought we ...

  4. Dec 2, 2022 · It starts by defining moral philosophy and its main subdomains – namely, metaethics, normative ethics, and applied ethics – and connecting it with management as a scholarly discipline preoccupied with the description, critique, and (re)construction of management as practice.

    • Cristina Neesham
    • cristina.neesham@newcastle.ac.uk
  5. The three leading normative theories of business ethics are the stockholder theory, the stakeholder theory, and the social contract theory. Currently, the stockholder theory is somewhat out of favor with many members of the business ethics community.

    • John Hasnas
    • 1998
  6. Apr 18, 2021 · That is called normative ethics. Descriptive ethics raises the question about the role of “morality” actually plays in the actual economy. We may say that business has nothing to do with morality. However, morality has important roles in the efficiency of any economic system.

  7. Dec 10, 2020 · Traditionally, the study of ethics is normative – meaning that one is trying to discover how one ought to behave, not how people actually are behaving. This is why it is often said that it is hard to be ethical – to do the right thing – because frequently people do not act ethically.

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