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Moral Theories and Decision Making

By Suj Shah posted 02-21-2011 03:57 PM

  
Moral Theory - Simply put.
Consider this when making a business decision.

Golden Rule - Treat others as you would want to be treated.
Would I want to be treated the same way?

Utilitarianism - Do that which promotes the greatest good.
How will my decision impact others, including my company and the environment?

Virtue Ethics - Be a good person.
Is this the honest thing to do?
Will it promote trust?

Moral Rights Theory - We owe certain responsibilities to others.
Am I in any way hurting others?
Am I taking away or ruining someone else's or the company's property?
Am I respecting individual and company privacy?
Am I restricting others' beliefs or ideas?
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