What did Socrates claim about the unexamined life

Relativism poses serious challenge if its true

No rational way to say what is right or wrong, and business ethics is a waste of time.

Descriptive Ethics -

What is valued

Cultural relativism

acknowledge the fact that cultures disagree about many beliefs.

Business Ethics Refers to

actual customs, attitudes, values and rules that operate within the business world.

Philosophical Ethics

aims to answer" why"

Ethical Relativism

all ethical beliefs beliefs are relative to ones own culture, religion or feelings.

The word Ethics

greek word meaning ethos, meaning custom

to claim that diversity ought to be respected

is a ethical judgement

normative ethics

is concerned with what is SHOULD be valued

Without an objective or rational standard by which to judge customary norm.

the social norms will be established by whoever has the ability and power to do so.

Ethical relativism is also a normative viewpoint that claims

there can be no objective or rational standards by which we can resolve disputes and disagreements