Identify and Briefly Describe Any Three of the Four Approaches

question 37

Essay

Identify and briefly describe any three of the four approaches to managing a company's ethical conduct.

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Definitions:

Fundamental Principles

The basic or core ideas, values, or laws that form the foundation for a system or theory.

Specific Actions

Concrete, individual acts or behaviors taken in a particular context, often evaluated in terms of their morality, legality, or effectiveness.

Forms of Life

Philosophical concept highlighting the diverse ways in which living beings organize their activities and interact with their environment.

Virtue

Moral excellence and righteousness; qualities of moral goodness or merit.