12 Session - GED-110.

GED-110: 6th Week_11th Class:
Ethical Theory Relevant to Business Practice

Prof. Syed Abdul Aziz
Director, Centre for Lifelong Learning
The ZNRF University of Management Sciences (ZUMS)
[email protected]
Time Plan
Recap Last Session :
• Ethics and Professions
• 6 Ethical Issues
Today’s Session: Ethics and Professions.
• The LO will be:
• Review Ethical theories in Business
• Identify ethical issues that arise in professional decision making & way to address.
• Analyze issues that influence professional decision making.
• Text Book/Reference: Chapter 4 of the text, Joseph M. Kizza. (2017) Ethical and Social Issues in the Information Age (Sixth Edition),
Springer. For better understanding and learning outcomes, the students will benefit if they have a prior reading of this chapter before
attending the lecture.
• Further reading: Johansson C, Ohlsson L. An attempt to teach professionalism in engineering education. https://
www.researchgate.net/publication/30499262_An_Attempt_to_Teach_Professionalism_in_ Engineering_ Education.
6 Ethical Issues in Business
• Harassment and Discrimination in the Workplace
• Health and Safety in the Workplace
• Whistle blowing or Social Media Rants
• Ethics in Accounting Practices
• Nondisclosure and Corporate Espionage
• Technology and Privacy Practices
Final Thoughts on Ethical Issues in Business
• Avoiding ethical issues in business always starts with top management.
• Providing clearly written policies and processes that ensure those policies are both
acknowledged and adhered to, can ensure transparency and ethical business practices
are applied.
• In order to effectively detect and, most importantly, deter ethical issues in business
from surfacing in your organization, there are several everyday efforts you can take.
• Be sure to communicate and enforce a robust code of ethics when making decisions
and ask the same of your employees.
• Remain aware of the discrimination laws that exist in the country/territory. Stay
informed on the rules that impact on industry, and ensure your organization is acting in
compliance with those regulations.
• Collaborate with accountants, maintaining transparency and honesty in your financial
reports.
• Be present in your company, making sure your organization and employees alike are
always doing the right and ethical thing.
Basis of Ethical Theories
• Article 2: The Universal Declaration of Human Rights
• ‘Everyone is entitled to all the rights and freedoms set forth in this
Declaration, without distinction of any kind, such as race, colour, sex,
language, religion, political or other opinion, national or social origin,
property, birth or other status. Furthermore, no distinction shall be
made on the basis of the political, jurisdictional or international status
of the country or territory to which a person belongs, whether it be
independent, trust, non-self -governing or under any other limitation
of sovereignty.’
Source: https://pillarcenter.org/en/2021/08/10/universal-declaration-of-human-rights/
Framework of Ethical Theories
Meta- Ethics
• Meta Ethics: is a branch of analytic philosophy that explores the
status, foundations, and scope of moral values, properties, and
words. Whereas the fields of applied ethics and normative
theory focus on what is moral,
• Meta ethics focuses on what morality itself is.
Normative Ethics
• Normative ethics, that branch of moral phylosophy, concerned with
criteria of what is morally right and wrong. It includes the formulation
of moral rules that have direct implication for what human actions,
institutions, and ways of life should be like. It is typically contrasted
with theoretical ethics, or metaethics, which is concerned with the
nature rather than the content of ethical theories and moral
judgments, and applied ethics, or the application of normative ethics
to practical problems.
Applied ethics
• Applied ethics is the practical aspect of normal considerations.
• It is ethics with respect to real-world actions and their moral
considerations in private and public life, the professions, health,
technology, law, and leadership.
• For example, bioethics is concerned with identifying the best
approach to moral issues in the life sciences,
• Environmental ethics is concerned with ecological issues such as the
responsibility of government and corporations to clean up
pollution.[5] Business ethics Business ethics includes the duties
of whistleblowers to the public and to their employers
What next?
• Go through the advice note
Thanks

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GED-110: 6th Week_11th Class:

Ethical Theory Relevant to Business Practice

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