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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 ...
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]
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]
Business ethics operates on the premise, for example, that the ethical operation of a private business is possible—those who dispute that premise, such as libertarian socialists (who contend that "business ethics" is an oxymoron) do so by definition outside of the domain of business ethics proper. [citation needed]
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 ...
The teleological argument (from τέλος, telos, 'end, aim, goal') also known as physico-theological argument, argument from design, or intelligent design argument, is a rational argument for the existence of God or, more generally, that complex functionality in the natural world, which looks designed, is evidence of an intelligent creator.
Business ethics examines the moral implications of business conduct and how ethical principles apply to corporations and organizations. [155] A key topic is corporate social responsibility, which is the responsibility of corporations to act in a manner that benefits society at large.