Philosophy Of Ethics docx.

Running Head: PHILOSOPHY OF ETHICS
PHILOSOPHY OF ETHICS
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PHILOSOPHY OF ETHICS1
Assignment 1: Essay
Introduction
The Greek philosopher Aristotle and the disciple of Plato had a major contribution for
the domain of metaphysics to ethics. Aristotle was the firm believer of the function of soul
responsible for every activity of human being. His thinking about virtue is divided into two
categories including intellectual and moral. Apart from the intellectual virtue, there are
twelve virtues as attributed by Aristotle namely – courage, temperance, liberty, magnificence,
pride, honor, good temper, friendliness, truthfulness, wit, friendship, and justice.
Discussion
Carr (2018) mentioned about the connection of Aristotle’s ethics and virtue with the
domain of business. For the business the researcher only concentrated on the elements of
justice and temperament among all the elements of Aristotelian virtue. The study also
demonstrates the significance of practical and moral phronesis. To become an ideal
professional, the individual needs to become highly sensitive with these two elements of
virtue ethics. Ferrero & Sison, (2017) on the other hand, mentioned about the important
parameter of practice all the element of virtues in the field of finance. The researcher a person
needs to exhibit the components of good and humanity to become a successful individual in
the field of business. Here the researcher combined both the concept of Aristotle and
MacIntyre to describe the role of virtue in the life of a professional. Polansky (2017)
mentioned the new domain of Nicomachean ethics. It is defined as the scientific practicing of
all the components of ethics. According to this domain the elements of ethics are –
temperance, generosity, magnificence, magnanimity, courage, and friendliness. During the
entire course of study, the researchers provided more stress on the last element that is
friendship or friendliness. The concept of friendliness plays an important role in many of the

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researchers of contemporary age. In this regard, Fraser (2018) mentioned about both the
Aristotelian and Smithian concept of virtue with due respect to the element of virtue. Both the
philosophers provide a significant role for the friendship to encourage all the elements of
virtue and become a suitable professional for any organisation. However, Steyn &
Sewchurran (2019) mentioned that in the contemporary society the concept of ethics, virtue
or dignity is getting erased. Considering the study of business school, the people or majority
of the population are aimed at gaining monitorial benefit from the outer resources. The
concept of virtue and ethics are getting narrowed by the recent business studies and attaching
the concept of virtue with the mentioned study.
Conclusion
The origin of virtue ethics has its root long back to Aristotle. Researchers also
mentioned that the root of moral virtue and ethics before the initiation of business literature.
Basically, the concept of virtue is attributed with every field of life including the physiology,
psychology, business, and culture also. The 12 virtues contain different attributes and
importance. As a concluding note it can be said that, both the Aristotelian and Confucian
ethics supports the moral thinking of every human being. The character-based approach of
begins with the presentation of ethics from the perspective of human behavior. It stresses
mainly the two components among all the 12 virtues – truthfulness and honesty to achieve the
extent of happiness.
Assignment 2: Annotated Bibliography
Ferrero, I., & Sison, A. J. G. (2017). Aristotle and MacIntyre on the virtues in
finance. Handbook of virtue ethics in business and management, 1, 2.
The study demonstrates the virtue ethics in the practice of business. In this regard the
author introduced the field of finance and provide both the concepts of Aristotle and