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PDF Business Ethics - Assignment Solved

   

Added on  2021-06-17

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Running Head: BUSINESS ETHICSBUSINESS ETHICSName of the Student:Name of the University:Author Note

1BUSINESS ETHICSAnswer oneA.Ethical theories relevant to the given scenarioBy analyzing the facts of the case that has been provided through the given case study it can bestated that the ethical theories that can be applied to assess the ethical decision making processare:UtilitarianismVirtue EthicsTheory of deontological ethicsHedonismB. Definition and justification for choosing the ethical theoriesUtilitarianism- The theory of Utilitarianism states that the only those actions are to beconsidered to be ethical which the maximum utility for the most number of people (Barrow,2015). In accordance with this theory it can be stated that Utility of the actions of individuals canbe described as the wellbeing of the sentient entities (de Lazari-Radek & Singer, 2017. Thisethical theory has been chosen in this given scenario as there are many stakeholders involved andethical decision making process must consider the well being and the utility of suchshareholders. It can be stated that Doctor Justine must consider the interest of his wife Sheryl,their unborn child in addition to his future prospect at the medical centerVirtue Ethics- The ethical theory of virtue ethics states that the actions of individuals must bevirtuous in nature. It is one of the three major approaches in the class of normative ethics (VanHooft, 2014). The theory of virtue ethics can be defined as one which emphasizes on the moral

2BUSINESS ETHICScharacter and the virtues of the individuals who are involved in the ethical decision makingprocess as opposed to their duties or consequences of their actions. Thus it can be stated that thetheory of virtue ethics is inherently different from the theories of Deontology andconsequetialism.

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