For every action there is a reaction, every choice that you make has consequences we have all heard those statements as we were growing up and throughout our adult lives. We were all raised to know the difference as to what has been perceived as right and wrong, good and evil and we all have determined how far we will go or will not go. These are the ethics that our parents spent their lives teaching us and are hopeful that we carry on those values and pass them down to our children and so on and so on. (Shelton, 2012)
Ethics are also known as the moral philosophy that involves systematizing, defending and recommending concepts of what is considered the proper behavior. Ethics can be broken into three major categories’. Meta-ethics which is the theoretical reference and meaning of moral propositions and how their truth values can be determined. Next there is what is called normative ethics is about the practical means of determining what is considered the correct moral course of action. Finally we have applied ethics which is the determination of the different type of outcomes can be achieved when morality is applied to the situation. (McAdams, Neslund, & Zucker, 2012)
Meta or analytical ethics is focused on how we understand, know about, and what we mean when we talk what is right and what is wrong. This branch of ethics is generally recognized by philosophers, it seeks to help one understand if there is any nature to ethical properties, the ethical judgments, statements, attitudes that come with making ethical decisions. Meta ethics is divided into two views, realist and anti-realist.
In the realist view holds that the objective value and that evaluative statements are factual claims, basically it is either true or false and there is no in between every is based on fact and not based on beliefs or feelings. Business ethics reflects the philosophy of how a business conducts itself,
With the current financial crisis occurring in the United States,...