Classical Business Ethics (Term Paper Sample)

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Classical business ethics
Deontology (norms): Deontology is among the normative tenets of the modern-day moral philosophy concerning the morally required choices, those forbidden or those that are permitted in a business place. These tenets guide and assess our choices, for example in choosing the board members, it should be done on an equal gender basis. If managers stand for these tenets, then they should oppose what is morally wrong like gender bias.
Axiology (values): These collectively denote ethics as well as aesthetics that exclusively depend on notions of worth. Ethics refers to what is right and good. Gender balance in leadership is good; it is equally right as no one feels comfortable when their rights are not respected. We should care to include female counterparts in senior posts. This brings beauty and harmony at the workplace; this is aesthetics.
Teleology: This tenet, just as utilitarianism holds that the best moral act is that one that makes maximum use of the well-being of responsive beings. It can see purpose in results than stated causes which leads to actual outcomes. Gender bias has been fought for long, but the results are very discouraging as noted in the frustratingly and persistently low presence of women on U.S. corporate boards (Ian, 2013; Hartman and Laura, 2005).
Corporate Social Responsibility
Normative CSR: It is the responsibility of a business to pay off through making decisions that are right and are profitable. Shareholders are the main stakeholders apprehensive by corporate decision-making. Through such, most businesses that promise but never deliver to customers are subject to criticism and should tailor their undertakings such that what they deliver is in line with what they promise. This is a responsible progression of demeanor to the company’s profitability. Corporate ought to be legitimatized to fundamentally every person.
Values based CSR: present day business crisis financially and management pose a question of actions and motives driving major companies. Firms must run to maximize shareholder/stakeholder values, and this has to be under scrutiny. Excessive CEO recompense and gender bias have evoked public outrage since...