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Ethical Issues and Decision Making in Business Ethics

   

Added on  2023-06-08

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ASSESSMENT AND INTERNAL VERIFICATION FRONT SHEET (Individual Criteria)
(Note : This version is to be used for an project brief issued to students via
Classter)
Course
Title
Lecturer Name
& Surname
Unit Number & Title
Ethical Issues
and Decision
Making
Project Number, Title /
Type
Take Home
Project 1
Date Set Deadline Date
Student
Name ID Number Class /
Group 11
Assessment Criteria Maximum Mark
Criteria : K&U 1.2 Be able to explain the difference between moral rules and principles 5
Criteria : K&U 1.1 Explain what you understand by ethics and be able to explain different ethical theories 5
Criteria : A&A 1.3 Demonstrate the connection between moral ideas and moral actions 7
Criteria: S&E 1.4 Demonstrate that you understand why ethical issues solicit differences of opinion 10
Total Mark 27
Notes to Students:
This project brief has been approved and released by the Internal Verifier through Classter.
Assessment marks and feedback by the lecturer will be available online via Classter
(Http://mcast.classter.com) following release by the Internal Verifier
Students submitting their project on Moodle/Unicheck will be requested to confirm online the following
statements:
Student’s declaration prior to handing-in of project
I certify that the work submitted for this project is my own and that I have read and understood the
respective Plagiarism Policy
Student’s declaration on assessment special arrangements
I certify that adequate support was given to me during the project through the Institute and/or the Inclusive
Education Unit.
I declare that I refused the special support offered by the Institute.
_______________________________________________________________________________________________________________________
MCAST Controlled and approved document Unauthorised copying or
communication strictly prohibited
Ethical Issues and Decision Making in Business Ethics_1

THA 1
All four (4) questions need to be answered.
The maximum marks allocated per question can be found at the end of each question.
Question 1 of 4
What is morality? (Define the term morality, and identify any possible factors which affect
morality.)
Morality in general terms refers to a quality within an individual or person of being honest, acceptable and right
(Wallace. and Walker., 2020). Similarly, morality in the field of business ethics plays a very important role too
and even has an essential meaning. Morality in a broader sense refers to the set of guidelines or the rules that
help or support the process of shaping the behaviour of an individual in certain social situations or scenarios.
There are many factors that affect or impact morality on major basis, some of these factors are leadership, rules
or guidelines of the government, the industry's ethical climate, the ethical code of a particular company, social
pressures, etc. And one of the most necessary factors that affects the morality factor within the business ethics
is the personal code of the behaviour of an individual. Morality states that it is much better and sensitive to do
good rather than doing bad.
Question 2 of 4
What is ethics?
Ethics basically refer to the set of the principles that support governance of the behaviour of a person or an
individual in particular or for conducting a particular activity too (Cooper., 2019). Business ethics is a very
broad concept to be considered, it specifically refers to the study of the appropriate or most suitable business
practices and policies that are related to the controversial subjects of the business sector which include insider
trading, discrimination, fiduciary responsibilities, corporate social responsibility, bribery and corporate
governance. Business ethics is basically a procedure to determine the right and the wrong practices within a
business and then doing or implementing the right practice accordingly. These ethics are usually set by the law
so that it is easy and referable by the companies. This concept specifically began in the 1960s as the society
became more consumer based. In the present times it is very necessary for the companies to follow this
collection of guidelines.
_______________________________________________________________________________________________________________________
MCAST Controlled and approved document Unauthorised copying or
communication strictly prohibited
Ethical Issues and Decision Making in Business Ethics_2

Question 3 of 4
“If a particular action is moral, then, it is obviously ethical.”
Argue how the above statement is false. Support your answer with possible combinations
and examples.
There is obviously a major relationship between morality and ethics. Loosely both of the topics or the aspects
mainly deal with the topics related differentiation between good or bad and right or wrong. But it is stated that
morality is considered to be something that is normative or personal, on the other hand, ethics are considered to
be the standards that distinguish between the good and bad and are set by a certain social setting or a
community (Mattingly. and Throop., 2018).
These two aspects might be related in some situations but it is not necessary that they go hand in hand. Which
means it is not at all necessary or essential for morality and ethics to be proportional to each other which means
it is not necessary for an action or activity to be ethical and moral at the same time. It is not necessary for
someone to be moral for the purpose of being ethical. An individual without a moral compass might still be
following the ethical code so that he or she can be in a good and acceptable standing with the society. Whereas,
an individual can be violating ethics in accordance to their feeling of something being morally right and
acceptable. Hence, it is not at all necessary for an action to be ethical if it is moral.
Morality is internal, which comes from within a person and ethics are external, which are set by a certain
community or society. For example if a person is lazy within the workplace they are working in, it is an
unethical behaviour because it will be harming the productivity of the person, hence, in accordance to the
organization also it will hinder the overall performance and spread negative and lazy energy. For the individual
it is moral and it is not wrong to be lazy but as per the ethics set, the practice of laziness will be considered
unethical.
_______________________________________________________________________________________________________________________
MCAST Controlled and approved document Unauthorised copying or
communication strictly prohibited
Ethical Issues and Decision Making in Business Ethics_3

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