June 18, 2012
Ethical development is an important tool needed in today’s society. In this paper, the topic will discuss the similarities and differences between virtue theory, utilitarianism, and deontological ethics. In addition this papers topic will address how each theory addresses ethics and morality in relation to the authors’ personal experiences with virtue, values and moral concepts.
Similarities and Differences in Ethics Theories
To understand the similarities between virtue theory, utilitarianism, and deontological ethics the first order is to define the meaning of each. According to Boylan (2009), virtue theory has a definition of cultivating excellence in life and constituting an aspect of the “good person” (Boylan, 2009). Utilitarianism according to Boylan (2009), “is a theory that suggests ...view middle of the document...
43). Striving for excellence can be challenging at times by deciding what is the most choice worthy decision in life. Utilitarianism addresses ethical and morality issues by addressing the net balance of good consequences over bad (Trevino & Nelson, 2007). The morality associated with this “the greatest good for the greatest number” (Boylan, 2009, p. 153). Deontological ethics have a definition of a person dedication to the recognition of moral duty. This describes people who strive for goodness in their own live and others, which promotes this into an end state of moral institution (Boylan, 2009).
The underlying principle of ethical management has a definition as a positive or negative reinforcement of values. Relating personal experience to ethical management begins with the employment of a Liberty Construction Company. Established in 1992, Liberty Construction began its venture into business. Owned by President Arnold Surnow, this company experiences virtue, values, and moral concept issues daily. To share and promote the virtue of Liberty Construction has established a board of directors to vote for common good of the company. The value is shown in the Liberty mission statement. The moral concepts that are inherent daily reflect goodness in every aspect of the company. The company is operating according to a strong ethical code, which is believed to be the mark of a well-run company.
Ethical development is an important tool needed in today’s society. In this paper, the topic has discussed the similarities and differences between virtue theory, utilitarianism, and deontological ethics. In addition this papers topic has addressed how each theory identifies ethics and morality in relation to personal experience with virtue, values, and moral concepts of my experience.
Boylan, M. (2009). Basic ethics: Basic ethics in action (2nd ed.). Upper Saddle River, NJ: Pearson.
Trevino, L.K. & Nelson, K.A. (2006). Managing business ethics: Straight talk about how to do it right (4th ed.).Hoboken, NJ: John Wiley & Sons.