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Exploring Ethical Reasoning in Business: Consequences vs. Fundamental Rules

This text examines two distinct forms of ethical reasoning relevant to business practices. Consequences-based reasoning posits that the morality of an action is judged solely by its results, embodying the idea that "the end justifies the means." In contrast, fundamental ethical rules dictate that actions can be evaluated as right or wrong based on established standards, regardless of the outcomes. It emphasizes the importance of considering alternatives and likely outcomes while also challenging the implications of universalizing actions. Both approaches serve critical roles in business ethics discussions.

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Exploring Ethical Reasoning in Business: Consequences vs. Fundamental Rules

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  1. Law for Business Mr. Bernstein Reasoning About Right and Wrong, pp 28-30 September 20, 2013

  2. Law for BusinessMr. Bernstein Basic Forms of Ethical Reasoning Consequences-Based Fundamental Ethical Rules

  3. Law for BusinessMr. Bernstein Consequences-Based Reasoning “The end justifies the means” Rightness or Wrongness is based only on results Must identify alternatives and likely outcomes

  4. Law for BusinessMr. Bernstein Fundamental Ethical Rules Acts themselves are judged as right or wrong The standard for judging can be from an authority In rules-based reasoning, an act is wrong even if beneficial overall The standard for judging can be from reasoning The test: What if everyone took this action? Would the outcome be irrational or illogical?

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