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10 Cards in this Set

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Ethics Vs. Morals


Ethics - The rules of conduct recognized in respect to a particular class of human actions or a particular group or culture. External: Social System




Morals - Principles or habits with respect to right or wrong conduct. While morals also prescribe dos and don'ts, morality is ultimately a personal compass of right and wrong. Internal: Individual

3 Major Ethics Areas


Meta ethics - Theoretical meaning


Applied Ethics - concerning what a person is obligated to do.


Normative Ethics - concerning the practical means of determining a moral course of action.

Normative Ethics

Relating to a norm, especially an assumed norm regarded as the standard of correctness.



Normative statements: make claims about how things should or ought to be, how to value them, which things are good or bad, which actions are good and bad.

Ethical Egoism


The normative ethical position that moral agents ought to do what is in their own self-interest.




Does not require moral agents to harm the interests and well-being of others when making moral deliberation.




Acknowledges that current self-interest may be at odds with the future self-interest.




Recognizes that individuals may be parts of greater wholes. (a person may be an employee of a corporation.)

Globalization

The process of international integration arising from the interchange of world views, products, ideas and other aspects of culture.
Enablers of Globalization


Transportation: Time, Distance, Population


ICT: Time, Distance, Population

Transportation

Goods from China or India can be delivered within 24 hours. Produced at lower cost because US labor is more expensive than the cost of shipping materials/parts to Asia and shipping the manufactured goods back to the US. Rapid distribution at a lower cost than if they were produced in the US.
ICT


Enables: communication across space/time/national boundaries. Oversight without being resident/on-site; and delivery of documentation and training in a controlled environment.

Pros of Globalization

Lower manufacturing costs = higher profits


Global engagement


Increase in Global Living Standards


Those in most need, benefit most.


Cultural expansion


International Harmony


Cons of Globalization

Few employment opportunities in the US


Local responsibility and obligation


Decrease in living standards locally


Many in need in US suffer


Cultural disruption


Global consequences: climate change, pandemics, financial crisis, political instability.