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Business ethics: People in business commonly think in terms of purposeful action, as in, for example, management by objectives. Teleological analysis of business ethics leads to consideration of the full range of stakeholders in any business decision, including the management, the staff, the customers, the shareholders, the country, humanity ...
[7] [1] Proponents of teleological ethics (Greek: telos, 'end, purpose' + logos, 'science') argue that the moral value of any act consists in its tendency to produce things of intrinsic value, [1] meaning that an act is right if and only if it, or the rule under which it falls, produces, will probably produce, or is intended to produce, a ...
Telos is the root of the modern term teleology, the study of purposiveness or of objects with a view to their aims, purposes, or intentions. Teleology is central in Aristotle's work on plant and animal biology, and human ethics, through his theory of the four causes. Aristotle's notion that everything has a telos also gave rise to epistemology. [3]
A teleological analysis of businesses leads to the inclusion of all involved stakeholders in decision-making. [26] The teleological view of Weberian bureaucracy postulates that all actors in an organization have various ends or goals, and attempt to find the most efficient way to achieve these goals. [21]
Situational ethics is thus a teleological or consequential theory, in that it is primarily concerned with the outcome or consequences of an action; the end. Fletcher proposed that loving ends justify any means. [4] Joseph Fletcher abandoned his theistic belief in his later life but never strayed away from his belief in situation ethics.
In philosophy and ethics, an end, or telos, is the ultimate goal in a series of steps. For example, according to Aristotle the end of everything we do is happiness. It is contrasted to a means, which is something that helps you achieve that goal. For example, money or power may be said to be a means to the end of happiness.
Organizations that lack ethical practices as a mandatory basis of their business structure and corporate culture, have commonly been found to fail due to the absence of business ethics. Corporate downfalls would include, but are not limited to, the recent Enron and WorldCom scandals, two primary examples of unethical business practices ...
Proportionalism is an ethical theory that lies between consequential theories and deontological theories. [1] Consequential theories, like utilitarianism, say that an action is right or wrong, depending on the consequences it produces, but deontological theories, such as Immanuel Kant's categorical imperative, say that actions are either intrinsically right or intrinsically wrong.