The legal environment of business requires a stable moral
pattern to satisfy the stakeholders of the company that surrounds the
environment of the business. Business
ethics finds its fundamental concepts and philosophies from the concepts of
moral laws. But as time goes by
Philosophers tries to amend the purpose of moral law into a more universal
application of judgment. This concept
further implies that world law and order must be universalized in such a way
that everyone may enjoy the social comfort of judicial fairness. The word global “Judicial fairness” may not
sounds fair to all the countries in the world, but let me put it in a more
humane phrase which is, “global judicial fairness for human rights”. To be human in a general manner, needs and
wants are in nature considering the natural survival needs that will arise as
far as community survival is concern. To direct the readers mind to the core
concepts of ethics some important theories of ethics maybe of help to enhance
the readers understanding vividly the study of business and moral ethics.
ETHICAL FUNDAMENTALISM
The other term that can alter the term fundamentalism is
absolutism. This approach of business
management will drives back to the concept of Marxism or the biblical
absolutism leadership approach. This
kind of ethical acceptance will play the ego and super-ego of every member of
the society that will result to a “band-wagon” effect of group behavior. This ethical concept is very effective during
the times of medieval society. But as
society evolves in its existence, fundamentalism may not apply to the society
in general due to the different concepts and beliefs of human’s behavioral
passions. As legislative people will
ratify the globally accepted ethical standards, maybe some domestic laws will
be adjusted to legally jive and function in accordance to the generally
accepted universal laws imposed by the United Nations.
ETHICAL RELATIVISM
Ethical relativism is a philosophy that accepts the
individual concept through its unique nature of ethical judgments. People may misjudge the nature of this
ethical theory, but the quick acceptance from other judicial standards is
starting to become a global coverage.
Ethical relativism encourages a universal open mindedness in pursuit to
the interest of the global human race.
Abuse of its rights may affect simultaneously to other United Nations
member countries.
UTILITARIANISM
Utilitarianism is a theory that gives the result of
consequences as the prime measurement of justice. Consequences usually will result to an
intensely negative societal dilemma; consequently, if you weigh the result of
the event before-hand then the subject can choose the best option to lessen the
casualties. Therefore, good moral
character can be achieved even though to some logical angles argument will
arise as to the actual case will vary to the general notion of
utilitarianism. Furthermore, in looking
deeply to the differences between utilitarianism; we can classify the term into
two distinct definitions:
1.Act utilitarianism- priorities pleasure rather pain. We
can say that the general good will prevail to avoid the society’s actual
physical and emotional pain.
2. Rule utilitarianism- gives the rule of law the prime
reference in obtaining the general public’s interest. The play of logic in judicial practice will
be more adequate in this point of view.
DEONTOLOGY
(Greek word: deon, meaning “duty” or “obligation”) the
theory explains that judgment cannot be concluded by consequences but rather by
the motive of the subject. Even though consequence
of deontology maybe worst in physical damages but the moral motives is the
ultimate reference for judgment and legal conclusions.
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