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Business Ethics Lesson 5 ABM 12 Pascal PETILLA

Aristotle's philosophy influenced the field of business ethics in several ways. He believed that virtue and good character are important for leadership. Aristotle saw businesses as communities working towards a common goal and contributing to society. However, he may not have approved of capitalism as it exists today. Applying Aristotle's philosophy to business ethics means focusing on an individual's character rather than just their actions, and understanding human nature to build excellence and satisfaction in the workplace.

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Maria Nicole Petilla
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51 views1 page

Business Ethics Lesson 5 ABM 12 Pascal PETILLA

Aristotle's philosophy influenced the field of business ethics in several ways. He believed that virtue and good character are important for leadership. Aristotle saw businesses as communities working towards a common goal and contributing to society. However, he may not have approved of capitalism as it exists today. Applying Aristotle's philosophy to business ethics means focusing on an individual's character rather than just their actions, and understanding human nature to build excellence and satisfaction in the workplace.

Uploaded by

Maria Nicole Petilla
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd
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Maria Nicole Y.

Petilla ABM 12 Pascal


ARISTOTLE
Aristotle progressed the reasoning of ethics, where he illustrated that it implies
accomplishing a conclusion to bliss. However, bliss implies many things to diverse individuals. To
Aristotle, the foremost satisfactory way to seek bliss is through the ideals of greatness. In his
compositions, Aristotle associated his theory of virtue with economics, and leadership as well. It
may be a matter of interfacing one's individual morals with that of one's trade morals., essentially
since Aristotle made no distinction between morals and politics. Aristotle outlined the reason for
ethics in leadership in that he accepted that virtue is ingrained in character.
Among the philosophers, Aristotle influenced me since it’s one that involves looking at
character and virtues, and so can provide important moral guidelines for distinguishing right from
wrong in the world of business. Aristotle is seen as the intellectual godfather of the ideals
hypothesis of ethics. This aspect of business ethics is person rather than action-based, it inquires
more about a person’s character in making ethical business decisions. Aristotle helps us, as
business people, understand human nature so we can see how to build higher levels of excellence
on a foundation of happiness and satisfaction, so people feel good about what they’re doing in
the long run and, thereby, can sustain the kind of excellence businesses hope to achieve. Aristotle
as a philosopher affects my business by the one that he contended, that men were made for
cooperation. In all societies, he pointed out, our survival relies on others, and our lives are
enhanced by learning to combine forces, make compromises, and commit to a goal larger than
ourselves. In Aristotle’s philosophy, businesses are self-created mini-societies geared to one goal,
which in turn serves larger goals, which in turn serves the state and society as a whole. Though
Aristotle did see the inherent need to fuel economic growth, he did not appear to condone the
nature of capitalism as we know it. Private organizations make employment and salaries. They
spur innovation. They are developing innovations and medicine. They’re a characteristic expansion
of humanity’s honorable drive to invent, make, contribute, appreciate, and advance. An effective
society is based somewhat on great businesses driving its economy.
Humans want to believe in something and serve it. Appeal to your employees' best nature
and they will answer that call. Your employees will also be more motivated if you give them the
opportunity to feed their natural curiosity through learning opportunities. That could be vocational
training, but it could also simply be learning about the world, ideas, and culture. Aristotle is difficult
to adjust to any moral context where the individual is in a middle state of being both in possession
of certain rights against the community and yet under certain social obligations to that community
as part of an exchange for the sake of individual freedom. Aristotle’s paradoxical communitarian-
individualism or individualist-communitarianism is difficult to “privatize” to the level of an
independent, profit-seeking commercial organization and also to “socialize” to the level of simple
concern with the general welfare as distinguished from the individual pursuit of transcendence
made possible by philosophic contemplation.

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