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Recommended: What Is Ethics
Ethics is basically concerned with people’s moral obligations to others. This is to mean that ethics is a moral standard or a set of moral standards that guide people on the right and wrong behavior. According to the Josephson Institute of Ethics (), ethics is about how people meet the challenge of doing the right thing when that will cost more than we want to pay. Moral standards can be described as principles having their basis on cultural, religious and philosophical beliefs, and they guide judgment regarding bad or good behavior. One rule that is used in defining ethics is the Golden Rule. In its simplest form, the Golden Rule can be stated as, “do unto others as you would have them do unto you”. However, can this rule be considered as a universal standard for ethics?
Yes, the Golden rule offers the most universal standard of ethical or moral conduct. According to the Josephson Institute (1), the Golden Rule is the basis of any formulation of moral duty. It is guided by the fact that every individual has a moral obligation to another. In human nature, people live in groups and are mutually interdependent among them. Therefore, it is likely that each individual would want to treat others as he or she would want them to treat him or her. The Golden Rule is not just derived from Jesus’ teaching during the Sermon on the Mount. It has roots in several cultures all over the world which include Confucianism, Buddhism, Hinduism, Jainism, Judaism, Taoism, Sikhism, Zoroastrianism, Humanism, Islam, and Christianity.
Human beings often put themselves in other people’s situations and that is why they are able to feel other people’s pain. For this reason, they are able to treat others fairly and compassionately. However, there are those ...
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Works Cited
Anderson, Stephen. The Golden Rule: Not so Golden Anymore. Philosophy Now, April 2014. Web. 05 May 2014.
Cohen, Stephen. Good Ethics is Good Business. University of New South Wales, 2007, pp. 1-10.
Harkin, Tom. Raising Minimum Wage: A Moral Imperative. Politico, 24 June 2013. Web. 05 May 2014.
Josephson, Michael. Duty to Others and the Golden Rule. Josephson Institute of Ethics, 15 Feb. 2011. Web. 05 May 2014.
Naughton, Michael and Cornwall, Jeffrey. Culture as the Basis of the Good Entrepreneur. Journal of Religion and Business Ethics, 2009; 1(1): 1-15.
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Reichheld, Fred. Why the Golden Rule is Good Business. LinkedIn, 06 Nov. 2012. Web. 05 May 2014.
Sometimes in life there are instances in which and individual must make a decision that will question their moral fiber. These instances could vary from whether or not to help others in need, decide whether an action is right or wrong or even when deciding who should live and who must die. How does one logically reason to an ethnical conclusion to these situations?
Verschoor, CMA, Curtis C. "Ethics: Do The Right Thing." Strategic Finance (2006). Retrieved on 18 September 2006 .
Trevino, L. K., & Nelson, K. A. (2011). Managing business ethics: Straight talk about how to do it right. New York: John Wiley.
Gitterman, Daniel P. “Remaking A Bargain: The Political Logic Of The Minimum Wage In The United States.” Poverty And Public Policy 5.1 (2013): 3-36. EconLit. Web. 24 Oct. 2013.
On Saturday, June 25, 1938, President Franklin D. Roosevelt signed 121 bills. Among these bills was a landmark law in the United States’ social and economic development—Fair Labor Standards Act of 1938 (FLSA) or otherwise known as the Wages and Hours Bill. This new law created a maximum forty-four hour workweek, guaranteed “time-and-a-half” for overtime hours in certain jobs, banned oppressive child labor, and established the nation’s first minimum wage. By definition, a minimum wage is the lowest wage permitted by law or by a special agreement (such as one with a labor union). Throughout the years, the minimum wage has been a central debate topic for the socioeconomic world and now in 2014, the debate has broken through the surface once more. In order to make a choice of whether the wage should be increased or decreased, the history of the wage is needed to make an informed decision.
Robert Hoyk and Paul Hersey, The Ethical Executive (Stanford: Stanford Business Books, 2008)
Svensson, Goran & Wood, Greg 2007, ‘A Model of Business Ethics’, Journal of Business Ethics, vol. 77, pp. 303-322.
Ferrell, O. C., Fraedrich, J., & Ferrell, L. (2013). Business ethics: Ethical decision making and cases: 2011 custom edition (9th ed.). Mason, OH: South-Western Cengage Learning.
Jennings, M. (2009). Business ethics: Case studies and selected readings (6th ed.). Mason, OH: South-Western Cengage Learning.
Johnson, Robert, Johnson,. "Kant's Moral Philosophy." Stanford University. Stanford University, 23 Feb. 2004. Web. 27 Nov. 2013.
Treviño, L. K., & Nelson, K. A. (2007). Managing business ethics: Straight talk about how to do it right Fourth ed., Retrieved on July 30, 2010 from www.ecampus.phoenix.edu
Every day we are confronted with questions of right and wrong. These questions can appear to be very simple (Is it always wrong to lie?), as well as very complicated (Is it ever right to go to war?). Ethics is the study of those questions and suggests various ways we might solve them. Here we will look at three traditional theories that have a long history and that provide a great deal of guidance in struggling with moral problems; we will also see that each theory has its own difficulties. Ethics can offer a great deal of insight into the issues of right and wrong; however, we will also discover that ethics generally won’t provide a simple solution on which everyone can agree (Mosser, 2013).
Shaw, W. H., & Barry, V. (2011). Moral Issues in Business (Eleventh ed., pp. 230-244).
the Golden Rule approach. We are told that it is right to be moral. This is an
Ethics is a system of moral principles and a branch of philosophy which defines what is acceptable for both individuals and society. It is a philosophy that covers a whole range of things that have an importance in everyday situations. Ethics are vital in everyones lives, it includes human values, and how to have a good life, our rights and responsibilities, moral decisions what is right and wrong, good and bad. Moral principles affect how people make decisions and lead their lives (BBC, 2013). There are many different beliefs about were ethics come from. These consist of; God and Religion, human conscience, the example of good human beings and a huge desire for the best for people in each unique situation, and political power (BBC, 2013).