Management and Behavior Test 2

Relativism

A philosophy that bases ethical behavior on the opinions and behaviors of relevant other people

Ethics

A system of moral principles or values that determine whether actions are right or wrong and outcomes are good or bad.

Egoism

An ethical system defining acceptable behavior as that which maximizes consequences for the individual

Utilitarianism

An ethical system stating that the greatest good for the greatest number should be the overriding concern of decision makers

Caux Principles

Human dignity Kyosie

Kyosie

Living and working together for the common good, allowing cooperation and mutual prosperity to coexist with healthy and fair competition.

Ethical issue

Situation, problem, or opportunity in which an individual must choose among several actions that must be evaluated as morally right or wrong

Universalism

The ethical system stating that all people should uphold certain values that society needs to function

Business ethics

The moral principles and standards that guide behavior in the world of business

Moral Philosophy

The principles, rules, and values people use in deciding what is right or wrong