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According to Aristotle, how to lead a good life is one of the central questions of ethics. [1]Ethics, also called moral philosophy, is the study of moral phenomena. It is one of the main branches of philosophy and investigates the nature of morality and the principles that govern the moral evaluation of conduct, character traits, and institutions.
Principlism is an applied ethics approach to the examination of moral dilemmas centering the application of certain ethical principles. This approach to ethical decision-making has been prevalently adopted in various professional fields, largely because it sidesteps complex debates in moral philosophy at the theoretical level.
Applied ethics – using philosophical methods, attempts to identify the morally correct course of action in various fields of human life.. Economics and business Business ethics – concerns questions such as the limits on managers in the pursuit of profit, or the duty of 'whistleblowers' to the general public as opposed to their employers.
Another response to the atrocities of World War II included existential reflections on the meaning of life, leading to approaches to ethics based on "the situation" and personal interaction. [ 48 ] In the late 20th century, there was a so-called 'aretaic turn' and renewed interest in virtue ethics .
An applied ethics approach to the examination of moral dilemmas can take many different forms but one of the most influential and most widely utilised approaches in bioethics and health care ethics is the four-principle approach developed by Tom Beauchamp and James Childress. [9]
In metaphilosophy and ethics, metaethics is the study of the nature, scope, ground, and meaning of moral judgment, ethical belief, or values.It is one of the three branches of ethics generally studied by philosophers, the others being normative ethics (questions of how one ought to be and act) and applied ethics (practical questions of right behavior in given, usually contentious, situations).
Situational ethics can also be classed under the ethical theory genre of "proportionalism" which says that "It is never right to go against a principle unless there is a proportionate reason which would justify it." [6] J. A. T. Robinson, a situational ethicist, considered the approach to be a form of ethical relativism. [citation needed]
In business ethics, Ethical decision-making is the study of the process of making decisions that engender trust, and thus indicate responsibility, fairness and caring to an individual. To be ethical, one has to demonstrate respect, and responsibility. [ 1 ]