The Aspects Of Business Ethics

Virtue ethics is a very different approach to the others and central to Aristotle's work. It does not primarily concentrate on the right action as such; the right action according to virtue ethicists is the one that the virtuous agent would do. Virtue ethics takes the central feature of morality to be the virtuous character, and the account of what the virtues are as the basis of the theory.

Virtue Theory is one of many different moral theories that exist today. It is based off of Aristotle’s Virtue Ethics which focuses on having an ideal character. The main focus of Virtue Theory is the role of one’s character, which is closely related to its roots in Aristotle. A Virtue Theorist would do things because it is who they themselves are, not because it is good to do them or because they will get something good from doing them.

Virtue ethics is a theory of ethics in moral philosophy in which it emphasizes that the notion of virtue is key to a

The Virtue Theory, also know as Virtue Ethics, refers to the character of each person. This theory states that every person should try for excellence. The characteristics of each individual are made up from their environment that they are a part of. The theory would further suggest

Three general principles will guide the move towards sustainability. Firms and industries must become more efficient in using natural resources; they should model their entire production process on biological processes; and they should emphasize the production of services rather than products. Versions of the first principle, sometimes called eco- efficiency, have long been a part of the environmental movement. "Doing more with less" has

Virtue ethics is considered as one of the three major approaches in normative ethics. The founding fathers of Virtue ethics are Plato and more particularly Aristotle. “It suffered a momentary eclipse during the nineteenth century but re-emerged in the late 1950’s in Anglo-American philosophy” (Virtue Ethics , 2012). The re-emergence had an effect on the other two approaches. The consequence of this is the fact that is now necessary to distinguish “virtue ethics” from “virtue theory. Kant’s virtue theory has conveyed philosophers’ attention to Kant’s “Doctrine of Virtue” and the utilitarian’s have developed consequentialist virtue theories. “A virtue such as honesty or generosity is not just a tendency to do what is honest or generous, nor

Virtue Ethics is neither deontological nor teleological, since it is concerned with neither duty nor consequences, but rather the state of the person acting. Aristotle believed that once you are good, good actions will necessarily follow, and this belief is at the centre of Virtue Ethics. Rather than defining good actions, Virtue Ethics looks at good people and the qualities that make them good. The non-normative theory, although very effective in determining the morality of individuals, is particularly flawed when applied to whole societies. This weakness is largely due to its imprecision and abstraction; however, before these weaknesses can be considered, it is necessary to give an account of the theory itself.

Virtue ethics concerned with the character of the person, instead of their action. Aristotle and Thomas Aquinas were supporters of this theory. This theory focuses on individual 's disposition as the key factor of ethical reasoning instead of the principles

individuals themselves. In this essay on virtue ethics, I would argue Macintyre’s individual's character as the key element of ethical thinking. The two

Virtue ethics is focused more of character then the action and is centred around what kind of person should I be and what virtues will make a good life and what virtues we should avoid. Aristotle says that the virtue is the mean between two extremes.

Virtue ethics emphasize the importance of one's character and their morals above dutiful behavior. Many virtue theories are built upon Aristotle's teachings that define a virtuous person as "someone who has ideal character traits" (Athanassoulis, 2004). Virtues can be defined as an agreement to standards of right or can refer to particular moral excellence (Merriam-Webster Online, 2013). Virtue theories hold that there are a universal set of principles and virtues that can be applied to various situations. Some virtue theories that have seen recent resurgence are Eudemonism, agent-based theories, and the ethics of care (Athanassoulis, 2004). In Eudemonism, virtues are based in flourishing with flourishing being "equated with performing one's distinctive function well" (Athanassoulis, 2004). Agent-based theories, on the other hand, contend individuals aim to mimic virtuous qualities they see in others based on common-sense concepts, and the ethics of care contends qualities like caring and nurturing should be considered to be virtuous traits as well.

Business ethics refers to the consideration of moral decisions and responsibilities in the process of operating a business. Business ethics, practiced throughout the deepest layers of a company, become the heart and soul of the company 's culture and can mean the difference between success and failure. Values drive behavior and therefore need to be consciously stated, but they also need to be affirmed by actions. Ethical business environments are created with foundations of integrity, accountability and commitment.

1. The Sales Rep. A sales representative for a struggling computer supply firm has a chance to close a multimillion-dollar deal for an office system to be installed over a two-year period. The machines for the first delivery are in the company’s warehouse, but the remainder would have to be ordered from the manufacturer. Because the manufacturer is having difficulty meeting the heavy demand for the popular model, the sales representative is not sure that the subsequent deliveries can be made on time. Any delay in converting to the new system would be costly to the customer; however, the blame could be placed on the manufacturer. Should the sales representative close the deal without advising the customer

Virtue Ethics is defined as “any character-based approach to normative ethics that emphasizes some conception virtues and vices; often including a universal conception of human flourishing” (Blakley, Christopher). Aristotle and David Hume developed accounts of ethics that remained true to their own empirical philosophies; both of which stray away from the more traditional accounts. Their opposing theories contain the overall theme of how a virtuous person would live their life. In contrast, David Hue developed his own account of sentimentalist virtue ethics that challenges, or pushes back on, the virtue ethics Aristotle.

1. The Sales Rep. A sales representative for a struggling computer supply firm has a chance to close a multimillion-dollar deal for an office system to be installed over a two-year period. The machines for the first delivery are in the company’s warehouse, but the remainder would have to be ordered from the manufacturer. Because the manufacturer is having difficulty meeting the heavy demand for the popular model, the sales representative is not sure that the subsequent deliveries can be made on time. Any delay in converting to the new system would be costly to the customer; however, the blame could be placed on the manufacturer. Should the sales representative close the deal without advising the customer