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Ethics for International Business | Summary / Concepts and definitions
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  • Course
  • Ethics for International Business - EBB608B05 (EBB078A05)
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  • Rijksuniversiteit Groningen (RuG)
  • Book
  • Business Ethics

Summary of the course “Ethics for International Business” at the University of Groningen (RuG). Based on the book Business Ethics by William Shaw and the lectures and tutorials provided. Course code EBB608B05 ------------------------------------------------ Samenvatting van de cursus “Ethic...

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  • Yes
  • June 7, 2024
  • 14
  • 2023/2024
  • Summary

Subjects

  • ethics
  • utilitarianism
  • morality
  • religion
  • ethical relativism
  • socialism
  • kant
  • egoism
  • justice
  • libertarian
  • rawls
  • capitalism
  • consumers
  • sustainability
  • hiring
  • workplace
  • envi
  • corporate social responsibility
  • esg

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  • Rijksuniversiteit Groningen (RuG)
  • Bedrijfskunde: Business & Management
  • Ethics for International Business - EBB608B05 (EBB078A05)
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ETHICS FOR INTERNATIONAL BUSINESS EXAM -
CONCEPTS AND DEFINITIONS / SUMMARY




University of Groningen

Ethics for International Business


EBB608B05




June 10th, 2024




Ramon Kleine, S5725739




Course coordinator: Dr. R.O.S. Zaal MBA

, Business ethics Applied ethics discipline that addresses the moral features of commercial
activity

Theoretical component Concepts and principles
of BE

Applied component of How to think about issues, and what to do about them. (Judgment, empathy,
BE imagination, reasoning)

Importance of business Business wield significant power and face growing pressure to act ethically
ethics due to the potential for both positive societal impact and serious harm

Morality Concerned with norms, values and beliefs embedded in societal processes
which define right and wrong foran individual or community

Ethics Concerned with the study of morality and the application of reason to
elucidate specific rules and principles that determine right and wrong for
any given situation

Etiquette Social norms governing conduct in a given society, but generally not seen
as having (much) moral weight, status

Normative ethics Morally correct way of acting

Descriptive ethics Describe how ethics decisions are actually made in business

Distinction between Something can be legal, but unethical (following the law does not
morality and law guarantee it is right), and something can be ethical, but not legal (doing the
right thing might break a rule). Both offer guidance, but neither force your
actions

Platos euthyphro Is something really good because the gods love it, or do the gods love it
dilemma because it is good?

Divine Command Actions are only good because god commands them
Theory

Divine Command Is action morally right because god says so, or does god say so because the
Theory dilemma action is morally right (strange reason for actions, different
religions/ambiguity)

Ethical relativism Moral truths are relative to a particular culture or society

Ethical absolutism Objective moral truths that apply everywhere

Viewpoint of ethical No ethical standards that are absolutely true and that apply to people and
relativism companies of all societies

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