Asked by Callie Little-Davis on Jun 18, 2024
Verified
Describe and demonstrate some of the similarities and differences between principles and values. Why are principles and values important normative considerations in ethical decision making?
Normative Considerations
Evaluations or judgments based on standards or norms of behavior that dictate what should be considered acceptable or desirable.
Principles And Values
Fundamental beliefs that guide or motivate attitudes or actions in personal and professional life.
Ethical Decision Making
Assessing and making choices among various options in a way that adheres to ethical standards.
- Identify the differences between normative and descriptive ethical frameworks in organizations.
- Develop an understanding of ethical philosophies and codes, including John Rawls' concept of the veil of ignorance and the principle of difference, and how they apply to moral reasoning.
Verified Answer
SS
Smarty SmartJun 23, 2024
Final Answer :
Principles and values are important normative considerations in ethical decision making. Principles are specificand pervasive boundaries for behavior that should not be violated. Principles are important in preventing organizations from "bending the rules." Values are enduring beliefs andideals that are socially enforced.Companies take basic principles and translate them into core values. Core valuesprovide the abstract ideals that are distinct from individual values and daily operationalprocedures. Value practices evolve and are translated into normative definitions of ethicalor unethical.Unlike principles, values are shaped bycompany-specific, industry-specific, country-specific, and global-specific factors.They provide a blueprint into the firm's purpose as well as how it viewsethical decision making and prioritizes stakeholders.Together, principles and values set an ideal standard forthe organization.
Learning Objectives
- Identify the differences between normative and descriptive ethical frameworks in organizations.
- Develop an understanding of ethical philosophies and codes, including John Rawls' concept of the veil of ignorance and the principle of difference, and how they apply to moral reasoning.