Ethical or moral principles
The post develops an issue of concern about ethical/moral principles. Does an ethical or moral perspective concern with how right or wrong an action or purely whether an action is right or wrong. Where do we draw a line of ethical actions, and from what point of view? Applying different approaches to ethics, one can derive different and opposing moral judgments from the ethical. The case established in the post develops initially as an apparent ethical dilemma. From many perspectives, the action has different consequences for different people. The decision rule within the consequentialist approach to ethics, as a normative theory, creates an element of pluralism and thus the need for a psychosocial perspective. In 2017, Franceschi-Bicchierai established that the hacker didn’t alert the customers of the company about the data breach for two months, during which data breach occurred. From a psychological perspective, one can examine the psychosocial factors that played out within the action and generate an ethical judgment of the action.
Reply to Post 4
The post develops a general argument that ethical conduct or action is limited within the law. By combining legal and ethical components, the post develops an argument that business ethics succeed in a theoretical perspective and aren’t practical. From this point, the entire post develops an understanding of business ethics as a limitation within a standard code within the law. In my understanding, however, every type of ethics, business or not, develops from an individual’s principles of right or wrong. In business practice, for instance, breaking a promise isn’t illegal but is considered by many as unethical. The fact that no law limits one from breaking a promise doesn’t imply that it isn’t unethical to fail on a promise. As established in the example cases of Martha Stewart and Wells Fargo, not every successful business practices business ethics. There are gaps within business law and business ethics, and many successfully find a way to exist within that gray area. It doesn’t, however, imply that business ethics isn’t practical; it only exists as a choice for one to make.