StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Free

A Good Guide to Moral Conduct - Essay Example

Cite this document
Summary
In the essay “A Good Guide to Moral Conduct” the author describes benefit analysis, which is commonly employed for making everyday decisions in business. Business competition in the contemporary market scenario is at its apogee with the evolution of newer technology and global stress upon innovation…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER93.7% of users find it useful
A Good Guide to Moral Conduct
Read Text Preview

Extract of sample "A Good Guide to Moral Conduct"

Here, another question is quite relevant. How can it be decided what values, customs, norms are to be respected and preferred in comparison to the expected utility of an action? Obviously, if every business entrepreneur is supposed to ensure compliance with certain conditions, they need to be standardized or generalized. Religion is largely accepted as a true guide in every matter and walk of life by almost every member of society. All religions convey the message of love, sincerity, and truth.

That is why people belonging to different religions commonly accede to the standard moral customs and ethical issues in contemporary society. This is because what is right sounds right to all. Likewise, all human beings with basic common sense know what is wrong. Business entrepreneurs should conduct a utilitarian analysis of their intended actions. It comprises three simple steps:1. He/she should identify the stakeholders of action2. Alternative actions should be identified and their merits and demerits should be evaluated3.

The action with the greatest utility and minimum implications should be realized (“Moral Concepts”).The utilitarian idea is frequently made use of while evaluating actions or making public policies in contemporary US society. Such an analysis is an overt application of utilitarianism. Business entrepreneurs should take the implications of their decisions upon society into consideration. They should ensure that the utility of their actions far exceeds the inconvenience it would cause society.

There is no action that has no negative implications. Everything has both positive and negative aspects. Therefore, the realization of a course of action that has no side effects is abstruse and indeed, mythical. However, it remains the responsibility of entrepreneurs to adopt such a course of action that would have minimal negative effects on society as a whole. Cost/benefit analysis solely highlights the interests of the analyzer and is often ignorant of the effects of an action on others that have no interest in the matter.

Therefore, it should never be employed as the sole means of making decisions. However, complete justice can hardly ever be achieved even if the entrepreneur made all efforts to be rational in his/her approach. This can be attributed to knowledge constraints. One can only realize the effects one has knowledge about, though there can be many more that remain unanalyzed.

Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(A Good Guide to Moral Conduct Essay Example | Topics and Well Written Essays - 500 words, n.d.)
A Good Guide to Moral Conduct Essay Example | Topics and Well Written Essays - 500 words. Retrieved from https://studentshare.org/business/1574659-final-paper
(A Good Guide to Moral Conduct Essay Example | Topics and Well Written Essays - 500 Words)
A Good Guide to Moral Conduct Essay Example | Topics and Well Written Essays - 500 Words. https://studentshare.org/business/1574659-final-paper.
“A Good Guide to Moral Conduct Essay Example | Topics and Well Written Essays - 500 Words”. https://studentshare.org/business/1574659-final-paper.
  • Cited: 0 times

CHECK THESE SAMPLES OF A Good Guide to Moral Conduct

The Importance of Ethics and Morality

A person can be classified as good or bad on the basis of his ethical and moral values.... hellip; An important fact is that people get confused in understanding and distinguishing between the good and bad.... Ethics and morality are that important of life without which the life would be all messed up and confused; as it boldly demarcates between the good and evil conducts.... In the beginning, it all seems good and composed but slowly and gradually the person realizes that he has destroyed the peace, calm, serenity in his life by opting for the wrong deeds....
4 Pages (1000 words) Research Paper

Ethical Issues in Workplace Behavior

Organization's stakeholders must adhere to the organizational rules and regulations as well as code of conduct and behavior the guide the working process and organization of the company.... Every employee should be accountable to his own behavior and code of conduct.... All should be involved in ethical decision-making and should be committed and dedicated to the code of conduct that governs their behavior as a team (Blanchard and Norman 88)....
3 Pages (750 words) Essay

Ethics and Moral Theories

Feminist ethics is an attempt to reformulate the traditional theories of ethics with respect to the aspects that devalue women's moral experience.... Act Utilitarianism:- Act utilitarianism states that our duty on any specific occasion is to act in a way that will produce greater total good and better consequences than what any other act will produce.... Rule Utilitarianism:- Rule utilitarianism states that it is our duty to abide by rules designed for the greater total good and produce consequences better than those produced by any other rules....
5 Pages (1250 words) Essay

Self Reflective Course Concept

Businesses require Acceptable conduct of their employees.... Every profession has ethics of conduct, and that in business necessitates, one be truthful and disclose all information about the products and services.... pply Deontological ethics to business or organizations situationsDeontological ethics refers to the ethical normative stance that determines how moral an action on the adherence of the rule and finally rules.... eleological ethics touches on morality that dictates the moral obligations and duties and distinguishes it from what is desirable or good....
2 Pages (500 words) Essay

Definition of Conscience

They conduct an examination on what they do or speak and if their words and actions are in accordance to the will of God.... A clear conscience is as a result of obeying the word of God and serving God with good deeds and utterances.... Conscience is the awareness of what is right or wrong in the society....
4 Pages (1000 words) Essay

Food Poisoning

This paper "Food Poisoning" focuses on the fact that food poisoning, despite it being relatively easy to avoid, it still occurs because of negligence in the part of food manufacturers, handlers, consumers.... It is social concern as one incidence may affect hundreds of people to suffer from them....
6 Pages (1500 words) Coursework

Managing Corporate Integrity: Corporate Code of Conduct

"Managing Corporate Integrity: Corporate Code of conduct" paper states that the Lockheed-Martin code of conduct provides elements that are most significant to the employees.... Lockheed-Martin's code of conduct reminds employees that they are respected and valued.... The guide foe employees to conduct their business ethically help the company to limit employee turnover.... The AT&T code of conduct provides that loyalty or service to the organization should never be secondary to or dependant on individual benefits....
6 Pages (1500 words) Term Paper

The Role of Morality

This work called "The Role of Morality" describes the concept of moral philosophy, the development of utilitarianism.... However, the problem arises when one encounters a situation of moral choice that does not fall within the purview of his or her beliefs as to what is morally right or wrong.... moral philosophy is largely concerned with what makes actions right or wrong but not the kind of actions that are right or wrong.... Utilitarianism is a moral philosophy in which actions are good if they bring the greatest happiness to the greatest number of people....
9 Pages (2250 words) Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us