Explain nature and objectives of business ethics
Answers
Answer:
Nature of Ethics
Scientific Nature: Ethics is a normative science which determines norms, moral values in a person and an individual’s character. It is a systematic explanation of what is right and what is wrong.
Not Art: Ethics is not art as art deals with the acquisition of skill to produce objects, while morality deals with motive, intention, purpose and choice which are considered right or wrong in the light of goodness. (web)
Variable Nature: Ethics is not static. It is not always the same. Human beings change and the morality and ethical perspective in them also changes.
Exclusively for Human Beings: Ethics can only be applied to human beings as we are the ones who have the capacity for moral judgement. We cannot expect ethical behaviour from animals, as they are not as intelligent as human beings are so ethics is exclusively for human beings
Objectives of Ethics
Ethical objectives are based on the following factors:
Objectivity
Impartiality
Accuracy
Public Accountability
Fairness
Truthfulness
The objectives of ethics are to study and assess human behaviour. It is also to establish principles and moral standards of behaviour. Ethics is not compulsory in a person’s life and it is not forced upon anyone but being ethical is one step forward towards being a good person.
Explanation:
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