The Relevance of Ethics in Business
Ethics vs Morals, Utilitarianism, Moral Absolutism, and Ethical Decision-Making Models
About This Course
Course Information
The learning outcomes from this CPD personal development course include: Understanding ethics versus morals The difficulties in studying ethics The different types of ethical models How to apply ethics in business
Certificate on Completion
This course is made up of videos, questions and additional reading materials and accounts for 2 units of CPD. One unit is the equivalent of one hour of learning. A certificate will be issued once you have completed all 2 units.
Course Sections
This course is made up of the following sections:
- Ethics vs Morals (video)
- Ethics vs Morals (quiz)
- Ethical Models (video)
- Ethical Models (quiz)
What You Will Learn
- Distinguish between ethics and morals, and explain why they can conflict in business situations
- Compare utilitarianism, moral absolutism, and moral relativism as approaches to ethical decision-making
- Apply Hodgson's three-step model and the PLUS model (Policies, Legal, Universal, Self) to business dilemmas
- Identify the ten recognised steps in the ethical decision-making process
- Evaluate real-world ethical dilemmas including the Nestle baby milk controversy and cobalt mining in the DRC
- Describe the role of the UK Code of Corporate Governance in setting non-legal ethical standards for organisations
Who This Course Is For
- Accountants and business professionals looking to build a structured approach to ethical decision-making
- Professionals who encounter ethical dilemmas in their roles and want practical requirements to resolve them
- Those new to business ethics who want a grounding in the main theories and models
Prerequisites
- No prior study of ethics or philosophy is required
- A general interest in how ethical decisions are made in business is sufficient
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Course Details
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