About This Chapter
Moral Philosophies & Business Ethics - Chapter Summary and Learning Objectives
The quick, engaging videos in this chapter explain how Kohlberg's model of moral philosophy, Mill's model of Utilitarianism, and social contract theory can be applied in business ethics and relationships. Video transcripts make it easy to track down key vocabulary terms, and you can submit a question to our instructors any time you need additional help. This chapter will teach you:
- How ethics influence relationships in business
- Kohlberg's Stages of Moral Development
- Utilitarianism models used in business ethics
- The role of the social contract in business
|How Moral Philosophies Relate to Business Ethics||The lesson explains the applications of moral philosophies in business relations.|
|Kohlberg's Model of Moral Philosophy & Its Relation to Business Ethics||Students review the Kohlberg model of moral philosophy and applications in business.|
|Mill's Utilitarianism Model in Business Ethics||This lesson introduces the ethical philosophies of John Stuart Mill and explains Utilitarianism.|
|The Act and Rule Utilitarian Models in Business Ethics||Students consider the Act and Rule Utilitarianism model and practical applications.|
|The Social Contract in Business Ethics||Students learn how the social contract applies to ethics in business.|
1. How Moral Philosophies Relate to Business Ethics
Much of business ethics finds its foundation in various moral philosophies. In this lesson, you'll learn about some of the important moral philosophies that have influenced ethics in business.
2. Mill's Utilitarianism Model in Business Ethics
John Stuart Mill was an English philosopher who made the ideas of utilitarian ethics popular. In this lesson, we'll explore what utilitarianism is, how ethical decisions are made using utilitarianism, and how it relates to business situations.
3. The Act and Rule Utilitarian Models in Business Ethics
How do you decide what to do when faced with an ethical dilemma? In this lesson, we'll examine the two major types of utilitarianism - act and rule - and how each one can be applied to ethical situations in the business world.
4. The Social Contract in Business Ethics
What should a business's place be in the world? Should it just donate money, or work to make the world a better place? Or should it be absolutely neutral? This all goes back to the social contract of business.
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Other chapters within the DSST Business Ethics and Society: Study Guide & Test Prep course
- Ethics in Business
- Social Responsibilities of a Business
- Government Regulation of Business
- The Relationship Between Employer & Employees
- The Ethics of Advertising, Marketing & Privacy
- Ethics in International Business
- Corporations & Stakeholders
- Global Business & Environmental Ethics
- Business, Government & Society
- About the DSST Tests