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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.
In the book The Human Side of Enterprise, McGregor identified an approach of creating an environment within which employees are motivated via authoritative direction and control or integration and self-control, which he called theory X and theory Y, [8] respectively. Having an attitude that workers generally lack motivation, enjoyment, and ...
The philosophy of business considers the fundamental principles that underlie the formation and operation of a business enterprise; the nature and purpose of a business, and the moral obligations that pertain to it.
A foremost Wittgensteinian, P. M. S. Hacker has recently completed a tetralogy in philosophical anthropology: "The first was Human Nature: The Categorical Framework (2007), which provided the stage set. The second was The Intellectual Powers: A Study of Human Nature (2013), which began the play with the presentation of the intellect and its ...
Kant posits the example of a shopkeeper who continually charges fair prices to customers in order to build good will and repeat business. If the shopkeeper continued that practice due to a mere inclination (to obtain repeat business) rather than sense of duty (higher principles of fairness and justice), though the shopkeeper's keeping the prices fair may conform with duty it has "no true moral ...
Human asset specificity deals with the degree to which skills, knowledge and experience of the agency's personnel are specific to the business process. Procedural asset specificity incorporates notions of human asset specificity and refers to the degree that an agency's workflows and processes are customized to exploit the other party's ...
Asset specificity can also apply to some extent to both physical and human capital so that the hold-up problem can also occur with labour (e.g. labour can threaten a strike, because of the lack of good alternative human capital; but equally the firm can threaten to fire).
Going further, the philosophical concept of nature or natures as a special type of causation - for example that the way particular humans are is partly caused by something called "human nature" is an essential step towards Aristotle's teaching concerning causation, which became standard in all Western philosophy until the arrival of modern science.