Professional Documents
Culture Documents
9th Edition
by
William H. Shaw
Lecture Outlines
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Part I: Moral Philosophy
and Business
Chapter 1: The Nature of Morality
Chapter 2: Normative Theories of Ethics
Chapter 3: Justice and Economic Distribution
Chapter One:
The Nature of Morality
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• any rental, lease, or lending of the program.
The Collapse of Enron’s Stock Price in Late 2001
Overview
Chapter One examines the following topics:
(1) Business and organizational ethics
(2) Moral versus nonmoral standards, etiquette and
professional codes
(3) Religion and business morality
(4) Ethical relativism and the “game” of business
(5) Moral principles, conscience, and self-interest
(6) Personal values, integrity, and responsibility
(7) Moral Reasoning, arguments, and judgments
Introduction to Business Ethics
Fran is a mother.
Invalid argument
Premises do not entail its conclusion.
Example: Argument 2
Argument 2
If a person is a mother, the person is a
female.
Fran is a female.
Argument 2 Counterexample
“Fran is a two-year-old” is consistent with
premises but inconsistent with conclusion
since could not be a mother.
Argument 3
If a person is a female, she must be a
mother.
Fran is a female.
Unsound argument
Have at least one false premise, as in
Argument 3, or invalid reasoning, as in
Argument 2, or both.
Moral Arguments
Arguments whose conclusions are moral
judgments.