Business Ethics Essay Example | Topics and Well Written Essays - 500 words - 31

Business Ethics - Essay ExampleVirtue possible action encompasses the individual behavior of an individual in the wider realm of character to benefit self and others. It is similar to utilitarianism that supports the satisfaction of person irrespective of societal conventions unless it affects their acceptable moral concepts. However, in terms of addressing values, deontological ethics differs from other theories because it is refer with ones obligation or duty to do good (Trevino & Nelson, 2011). In other words, plot virtue theory espouses a consequence as a result of contravening tolerable values, it imposes penalties on the person. This is contrasting from deontological ethics or utilitarianism that largely focuses on the maximization of utility. According to Mill who started utilitarianism, reducing suffering through and through happiness is the role and responsibility of a person unlike the deontological perspective of attaining a good odour as a duty. Similarly, in explai ning moral concepts and values, all the theories concur especially in organizations on the bespeak for workers to practice proper ethical conduct irrespective of the immediate gain. It, thus, becomes part of an organizational culture where pietism emanates from each individual.Another interesting aspect of the theories involves the possible ramifications in cases of slow implementation especially in organizational contexts. In my personal experience, for example, I think virtue theory explains ethics better than utilitarianism does to morality. This is because trance the former revolves around character traits and habits of an individual, utilitarianism is an innate feeling that lacks respect for either good or bad. Contrastingly, trance moral concepts in society are defined by people and culture, deontological ethics fails to demonstrate how supernumerary will contributes to a universal conduct found in most companies. It also fails to acknowledge the canonic tenets of managi ng ethical challenges especially when they