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Business and Professional Ethics: Responsibilities and Dilemmas

Classified in Philosophy and ethics

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Essentials of Business and Professional Ethics

  1. Ethical Responsibilities of a Business

    • To the general public: Avoiding adverse effects on public health, the environment, and philanthropic efforts.
    • To customers: Ensuring informed choices, the right to be heard, and customer safety.
    • To the workforce: Providing a safe workplace, preventing harassment and discrimination, ensuring equal opportunity, and offering a chance for a quality life.
    • To investors: Practicing good accounting, and providing an accurate portrayal of the firm's financial resources and conditions.

Basis for Ethical Business Organizations

  1. Ethical Awareness

    Implementing a code of conduct for all employees and managers.

  2. Ethical Reasoning

    Providing ethics education for employees and managers.

... Continue reading "Business and Professional Ethics: Responsibilities and Dilemmas" »

The Protestant Reformation: Origins and Impact

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The Protestant Reformation

The Protestant Reformation was triggered by Martin Luther's response to the actions of Pope Leo X. The Pope initiated a project in 1517 to rebuild St. Peter's Church, a significant undertaking as tradition holds that Saint Peter is buried beneath it. However, the project faced financial constraints, leading to the sale of indulgences.

This practice, allowing individuals to purportedly shorten their time in purgatory through monetary contributions, deeply troubled Luther. He was particularly disturbed by the notion that salvation could be purchased. Luther felt burdened by the perceived sinfulness of humanity and the idea that wealth could erase sins. Consequently, he composed 95 theses, which were sent to the local... Continue reading "The Protestant Reformation: Origins and Impact" »

Ethical Obligations and Decision-Making

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Approaches to Determining Ethical Obligation

"It is to the great and fundamental principles of society and civilization—to the common usage universally consented to, and mutually and reciprocally maintained—to the unceasing circulation of interest, which, passing through its million channels, invigorates the whole mass of civilized man—it is to these things, infinitely more than to anything which even the best instituted government can perform, that the safety and prosperity of the individual and of the whole depends."Thomas Paine, The Rights of Man, "Applying Principle to Practice, Chapter One—Of Society and Civilization."

Common Sense Ethical Principles

The following list of prima facie ethical obligations (common sense ethical principles)... Continue reading "Ethical Obligations and Decision-Making" »

Essential Concepts Defined: A Vocabulary Collection

Classified in Philosophy and ethics

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Default

An action that is natural or standard.

Untainted

Not contaminated or polluted.

Aberration

A deviation from what is normal or expected.

Profiteering

The act of making an illegal or unfair profit.

Delusion

A belief maintained despite being proven untrue. Example: "The Miami Dolphins will win the Super Bowl this year."

Placate

To make someone less angry or hostile.

Sop

Something of little value given to appease someone whose concerns are not being met.

Deliverance

The act of being rescued or set free.

Anodyne

Not likely to offend; bland or inoffensive.

Narthex

A room or area at the entrance of a church.

Urbane

(Of a person) courteous and refined in manner.

Longevity

Long existence or service; a long life.

Collaboration

The action of working with someone to produce... Continue reading "Essential Concepts Defined: A Vocabulary Collection" »

Understanding Knowledge, Opinion, Belief, and Truth

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Opinion, Belief, and Knowledge

Opinion: A subjective assessment about something we cannot be sure of and cannot prove to others.

Belief:

  • Hesitant use: When we want to express that we are not sure if what we are talking about is true.
  • Assertive use: When we are sure about something, but we don't have enough evidence to prove it.

Knowledge: Knowledge is a belief about something we are sure of, and we can also prove. Therefore, to be able to justify something rationally (give reasons) is the main quality of knowledge.

Theoretical and Practical Knowledge

Theoretical knowledge consists of all the information that describes and explains the natural and social world around us. Practical knowledge is a kind of knowledge oriented to knowing how to act in the

... Continue reading "Understanding Knowledge, Opinion, Belief, and Truth" »

Utilitarianism vs. Kantian Ethics: A Philosophical Clash

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Utilitarianism

Jeremy Bentham is the founder of utilitarianism, or “the ethics of happiness.” When Bentham was a guest on my Almanac page, he outlined his moral science of hedonism. What is hedonism?

"The community is a fictitious body, composed of the individual persons who are considered as constituting as it were its members. The interests of the community then is, what? -- the sum of the interests of the several members who compose it."

- Jeremy Bentham (1748 -- 1832)

  • Society is just the sum of individuals in that society.
  • For individuals, right actions are those which lead to happiness and avoid pain.
  • When it comes to “goods,” more is preferred to less. “Most is best” – this is the idea of maximization.
  • Majority rule is the basis
... Continue reading "Utilitarianism vs. Kantian Ethics: A Philosophical Clash" »

A Philosophical Journey: From Plato to Kant

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Ancient Philosophy: Plato and Aristotle

Plato

Plato, known for his Theory of Forms, believed in a dualistic reality. He distinguished between the constantly changing world of appearances (shadows) and the permanent realm of Forms, which are only accessible through reason. As a rationalist, he argued that knowledge is innate and discovered through reason, not sensory experience.

Aristotle

Aristotle, Plato's student, emphasized the importance of empirical observation and logic. He developed the syllogism, a system of deductive reasoning, and believed that knowledge is acquired through observation and logical analysis.

Medieval Philosophy: Aquinas

Thomas Aquinas, a prominent figure in medieval philosophy, sought to reconcile faith and reason. He argued... Continue reading "A Philosophical Journey: From Plato to Kant" »

Spanish Enlightenment: Education and Societal Transformation Under Charles III

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Spanish Enlightenment: Education as the Cornerstone of Progress

Antecedents

Francis Bacon and Empiricism

The basis of Empiricism is that our knowledge comes from experience. It does not come from the principles and dogmas of authorities. Bacon wrote The New Atlantis, a utopia based on the practice of the new science of the House of Salomon.

René Descartes and Rationalism

Born in France, he passed away in Sweden. "I think, therefore I am." The "mind" or "reason" was the main source of truth. Only facts that are clear to the mind are true (rationalism). As a result, the "rational ethic" appeared.

Isaac Newton

He was English. His Universal Law of Gravitation, published in 1687, changed the conception of the Universe. The world can be explained through... Continue reading "Spanish Enlightenment: Education and Societal Transformation Under Charles III" »

Mastering Business Communication: Essential Terms & Exercises

Classified in Philosophy and ethics

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Key Business Decision-Making Terms

  • Consultation

    A discussion where different expert opinions are heard before a decision is made.

  • Confrontation

    An argument or open conflict.

  • Concession

    Something you agree to accept or do in order to reach an agreement or end an argument.

  • Compromise

    An agreement where you get part of what you want.

  • Consensus

    General agreement between a group of people.

  • Hierarchy

    The power and decision-making structure of an organization.

  • Brainstorm

    To generate ideas imaginatively and energetically.

  • Put Forward

    To present or propose.

  • Options

    Choices or alternatives.

  • Backing

    Support or approval.

  • Majority

    Most of the people.

  • In Favor Of

    Supporting, not against.

  • Go For

    To choose.

  • Carry Out

    To perform or execute.

Match Verbs to Nouns: Business Phrases

Match the... Continue reading "Mastering Business Communication: Essential Terms & Exercises" »

David Hume's Sentimentalism: Ethics and Emotions

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David Hume's Sentimentalism

The Scottish philosopher David Hume (1711-1776) is one of the most representative philosophers of the philosophical current known as empiricism. Empiricism prioritizes the role of observation and sensitive experimentation against reason in both science and general thought.

Hume's Ethical Theory

From the point of view of ethics, Hume undertook a study of morality that changed the prevailing rationalist perspective in previous philosophies. He focused more on emotions, passions, and feelings as the foundation of the moral life; therefore, we speak of "sentimentalism" in Hume.

Morality as Experience

According to Hume's ethical theory, morality is a kind of experience clearly different from logical-mathematical or merely... Continue reading "David Hume's Sentimentalism: Ethics and Emotions" »