In: Finance
The Nexus company wants to get a contract to build roads in Nigeria. It is the standard business practice for companies to give payments and gifts to officials in Africa. Nexus could easily lose the contract to a competitor. Which of the following ethical theories is defined as a belief in time-and-place ethics and holds that ethical truths depend on the circumstances?
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An ethical theory that beliefs in the time and place ethics ie ethical truths depend on the individuals and groups holding them is Moral Relativism theory.
Answer is
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Utilitarian ethical theory is founded on the ability to predict the action conequences.
Deontological theory is based on obligations and duties when analyzing an ethical dilemma.
Casuist ethical theory compares a current ethical dilemma with similar other examples ethical dilemmas and their outcomes.