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Applied ethics – using philosophical methods, attempts to identify the morally correct course of action in various fields of human life.. Economics and business Business ethics – concerns questions such as the limits on managers in the pursuit of profit, or the duty of 'whistleblowers' to the general public as opposed to their employers.
Ethical dilemmas come in various types. An important distinction concerns the difference between epistemic dilemmas, which give a possibly false impression to the agent of an unresolvable conflict, and actual or ontological dilemmas. There is broad agreement that there are epistemic dilemmas but the main interest in ethical dilemmas takes place ...
Ethics is closely connected to value theory, which studies the nature and types of value, like the contrast between intrinsic and instrumental value. Moral psychology is a related empirical field and investigates psychological processes involved in morality, such as reasoning and the formation of character.
Descriptive ethics, also known as comparative ethics, is the study of people's beliefs about morality. [1] It contrasts with prescriptive or normative ethics , which is the study of ethical theories that prescribe how people ought to act, and with meta-ethics , which is the study of what ethical terms and theories actually refer to.
Ethical codes are adopted by organizations to assist members in understanding the difference between right and wrong and in applying that understanding to their decisions. An ethical code generally implies documents at three levels: codes of business ethics , codes of conduct for employees, and codes of professional practice.
Professional ethics encompass the personal and corporate standards of behavior expected of professionals. [ 1 ] The word professionalism originally applied to vows of a religious order.
The difference between these two types of systems can be seen when people state that they hold one value system yet in practice deviate from it, thus holding a different value system. For example, a religion lists an absolute set of values while the practice of that religion may include exceptions.
Ethical subjectivism claims that the truth or falsehood of ethical claims is dependent on the mental states and attitudes of people, but these ethical truths may be universal (i.e. one person or group's mental states may determine what is right or wrong for everyone). [18] The term "ethical subjectivism" covers two distinct theories in ethics.