Religious Teachings and Business Ethics Essay Example | Topics and Well Written Essays - 3000 words

Religious Teachings and Business Ethics - Essay ExampleThe Utilitarian approach holds to the idea that societies should strive for the best for the closely people. Jeremy Bentham eighteenth-century philosopher wrote, The great happiness of the greatest number is the foundation of morals and legislation (Fisher & Lovell 2003, p. 95). The writer/philosopher John Stuart Mills also wrote extensively on Utilitarianism (Daft 2005). soulfulnessism is viewed as the essentially opposite of Utilitarianism. The Individual approach maintains that right moral choices lead to what is in the best long-term interest of the individual. German economist and sociologist Max Webers influential essays on capitalism punctuate individual efforts and the accumulation of personal wealth (The Free Encyclopaedia 2007). The Moral Right approach values fundamental human rights and identifies six moral subcategories disengage consent, right to privacy, right to freedom, of conscious, right to free speech, ri ght to due process and the right to life and safety (Daft 2005). Finally, the Justice approach promotes the idea of moral ratiocination making and is establish on standards of equity, fairness, and impartiality. Daft identifies three distinct forms of justice(2007). Distributive justice governs the right of people to be treated fairly without discrimination based on arbitrary characteristics. Procedural justice proscribes that rules should be applied consistently and compensatory justice argues that people should be compensated for injury and loss (Daft 2007). Certainly, all quaternary of these perspectives can be identified in most major world pietys. In order to set a proper stage for the discussion of religion and its place in business ethics, it is important to provide an overview of the historical influences on the matter. One of the first moral codes to impact mankind stemmed from the religious familiarity of Judaism. In the books of the Bible, there are plentiful referenc es as to how the faithful should conduct themselves in relation to their neighbors, family, and friends. The figures in the Old and New Testaments of Bible Solomon, David, Moses, and Jesus of Nazareth were most certainly well known for their ethical teachings. Important philosophers and ethical teachers can be identified throughout human history.