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CIPRIANI COLLAGE OF LABOUR AND CO-OPERATIVE STUDIES

Discuss the five approaches to ethical decision making, and using the key theorists inclusive of Immanuel Kant, John Stuart Mill and Aristotle, explore how these approaches can improve the ethical culture within organisations?

Student’s Name: Emmanuel Henry

Student’s I.D. #: 2006030750

Lecturer’s Name: Ms. P. Bonas

Course Code: LBS 380

Introduction

The numerous scandals in business such as those at AIG, Tyco, WorldCom and Enron have made all of us concerned about the emergence of unethical and irresponsible behaviour in organizations. Our uneasiness about these high – profile scandals has enlarged as individuals like Bernie Madoff and Rod Blagojevich has become household names. Widespread corruption in business, politics and religious institutions have promoted interest in the field of business ethics.

Business ethics generally deals with evaluating whether practices exercised by employees, leaders and organizations as a whole can be considered morally acceptable (Ferrell, Fraedrich, & Ferrell, 2008).

What are Ethics?

According to Anne M. Francesco and Barry A. Gold in their book ‘International Organisational Behavior’ postulated that ‘Ethics’ are moral standards not governed by law, that focus on the human consequences of actions. Ethics often require behavior that meets higher standards than that established by law, including selfless behavior rather than calculated action intended to produce a tangible benefit.

Ethics are a product of a society’s culture, which includes its traditions, customs, values, and norms. Within a society, ethical behavior is usually taken for granted. Members implicitly understand how

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