Philosophical Approaches to Business Ethics

From many years philosophers are defining ethics and the system of making rational decisions. Various philosophers have been representing their views and opinions about ethics on the basis of their best knowledge and learning for regulating, protecting, and recommending the concepts of wrong and right conduct.

Ethics are the question concerned with how people ought to behave and how the fundamental rights of individuals should be protected by our decent and honourable conduct.

In business, ethics are essential to follow as it promotes the ethical culture of an organization which is based on our common values of honour, responsibility, clearness, and admiration.

The unit seeks to deliver the introduction of philosophy and define the various philosophical approaches to ethics. The Golden Rule, The Golden Mean, Utilitarianism, The Categorical Imperative, Utopianism are the philosophies which are deeply discussed in this unit.

The unit examines the office code of ethics and describes how to avoid ethical dilemmas. On the completion of this unit, learners will be equipped to understand how to apply philosophical approaches, what some easy strategies are and what are the pitfall and excuses.