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Morality is an informal public system applying to all rational Morality is a complex of concepts and philosophical beliefs
by which an individual determines whether his or her actions are right or wrong. Often, these concepts and beliefs are generalized and codified in a culture or group, and thus serve to regulate the behavior of its members. Conformity to such codification is called morality, and the group may depend on widespread conformity to such codes for its continued existence. A moral may refer to a particular principle, usually as informal and general summary of a moral principle, as applied in a given human situation.
Example: An important example of such a moral question is whether, and if so under what conditions, to allow abortion. There is continuing disagreement about this moral question, even though the legal and political system in the United States has provided fairly clear guidelines about the conditions under which abortion is allowed. Despite this important and controversial issue, morality, like all informal public systems, presupposes overwhelming agreement on most moral questions. No one thinks it is morally justified to cheat, deceive, injure, or kill simply in order to gain sufficient money to take a fantastic vacation. In the vast majority of moral situations, given agreement on the facts, no one disagrees, but for this very reason, these situations are never discussed. Thus, the overwhelming agreement on most moral matters is often overlooked. The claim that morality governs behavior that affects others is somewhat controversial. Some have claimed that morality governs behavior that affects only the agent himself/herself. Examples of behavior that supposedly affects only oneself, often include taking recreational drugs, masturbation, and developing ones talents.
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harm. The paradigm cases of moral precepts involve rules which prohibit causing harm directly or indirectly, such as rules prohibiting killing, causing pain, deceiving, and breaking promises. Even those precepts that require or encourage positive action, such as helping the needy, are almost always related to preventing or relieving harms. Moral Standards
Points to Ponder Till now we have discussed what is ethics, business ethics, morality and moral standards, but students you should always remember that what is right and moral for you may be wrong and immoral for me or to any other person sitting in the class. In a way we can say that Ethics is a very subjective matter. Ok, tell me one thing that how are you now going to react when you will see a person lying in a pool of blood on the road. Are you going to help him or will avoid him because of the fear of Delhi police? Hope now you will start using your conscience and will do what you feel is right and there will be no hiccups before taking any action.
BUSINESS ETHICS
Overview
Activity
Define morality. Discuss some characteristics of morality. Moral standards include the norms we have about the kinds of actions we believe are morally right and wrong as well as the values we place on the kinds of objects we believe are morally good and morally bad. Moral norms can usually be expressed as general rules, ie. Always tell the truth. Moral values can usually be expressed as statements describing objects or features of objects, ie. Honesty is good. Origin of Moral Standards During childhood moral standards are absorbed from family, friends and various societal institutions. Later in life experiences, learning and intellectual development help a person in forming these standards.
Moral Standards Vs. Non-Moral Standards