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Essay on Moral Philosophy
It is well accepted in the business ethics literature that managers apply ethical guidelines based on their personal moral philosophies when confronted with ethical issues (Singhapakdi et al., 1999). Moral philosophy refers to the principles or rules that people use to decide what is right or wrong Personal moral philosophy is depicted as one of the important factors influencing ethical decision making in established models of business ethics
Many ethics studies testify to the fact that idealism and relativism affect different aspects of ethical decision making. Forsyth (1992) proposed that idealism and relativism philosophies can influence business ethical decisions....................