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Business ethics: stakeholders, fair trade and ethical theories
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1When looking at business ethics, we focus on the moral ethics of the [blank_start]stakeholders[blank_end] (everyone who has an interest in the business e.g employees, suppliers, consumers) and the [blank_start]shareholders[blank_end] (people who own a part of the money and have invested in it). We also look at the issues of business such as [blank_start]fair trade[blank_end] (organized social movement and market-based approach that aims to help producers in developing countries to obtain living wages for their labour) and [blank_start]globalization[blank_end] (growth on a worldwide scale). Different theorists have varying different views on the the moral standards regarding business ethics, such as [blank_start]Utilitarianism[blank_end] which argues that it is morally right if the action benefits the majority of people, [blank_start]Kantian ethics[blank_end] who would see a business as a moral community standing in a moral relationship with each other which would influence the way they treat each other. [blank_start]Virtue ethics[blank_end] is interested in the most general traits that make a harmonious society as possible, so the traits that make for good business must be the same as those of a good society.
- Ashareholders
- Bstakeholders
- Cshareholders
- Dstakeholders
- Esustainability
- Fexploitation
- GThe Principle of Sustainability
- Hfair trade
- Iethical egoism
- Jglobalization
- Kwhistle blowing
- LThe Kuznets Curve
- MNatural Law
- NSituation Ethics
- OUtilitarianism
- PVirtue Ethics
- QKantian Ethics
- RUtilitarianism
- SNatural Law
- TChristian Ethics
- UChristian Ethics
- VVirtue Ethics
- WSituation Ethics
- XKantian Ethics
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- Description
- Quiz on Untitled, created by Beth Findlay on 24/03/2016.
- Author
- Beth Findlay
- Language
- English
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