Normative ethics is the branch of philosophy concerned with establishing principles and standards for evaluating human conduct. It provides the framework for determining what constitutes a moral course of action.
Therefore, normative ethics directly addresses the practical means of determining a moral course of action by establishing the principles upon which such judgments are based.
Statement I : "Working in harmony with the community and environment around us and not cheating our customers and workers we might not gain anything in the short run but in the long term it means greater profits and shareholders value".
Statement II : According to Mahatma Gandhi, capitalist class owns wealth or capital as trustees of the society.
Codes :
| List – I | List – II |
| a. Utilitarian theory | i. Behaviour guiding statements. |
| b. Code | ii. Making public known about unethical company practices. |
| c. Whistle blowing | iii. Society with varied interest groups. |
| d. Pluralistic society | iv. Evaluation of plans with its consequences |
Which of the following statements is true?
Given below are two statements:
Statement I: To exist and be successful in a competitive world a business has to be ethical.
Statement II: An ethical organisation can be recognized on the basis of its corporate excellence and not on its relations with the stakeholders.
In light of the above statements, choose the most appropriate answer from the options given below