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Business Ethics
DrKK
Deontology
Deontology is also referred to as duty-based
ethics.
It is an approach to ethics that addresses
whether the motives behind certain actions
are right or wrong instead of focusing on
whether the results of the action are right or
wrong.
It is based on each individuals duty or
obligation towards each other, all living
things, and the environment based on moral
beliefs and values.
It teaches about always acting in good faith
and adheres to the Golden Rule to treat others
the way you want to be treated by them.
Teleology
Teleology or consequentialism is referred to
as results-oriented ethics. Utilitarianism
It focuses on the purpose of each action
and whether there is an intention or
meaning for the action.
It deals with the consequences /utility of
an action.
It involves examining past experiences in
order to figure out the results of present
actions.
Summary:
1.Deontology is an approach to ethics which adheres
to the theory that an end does not justify the means
while teleology is an approach to ethics that adheres
to the theory that the end always justifies the means.
2.Deontology is also known as duty-based ethics while
teleology is also known as results-oriented ethics.
3.Deontology adheres to the Golden Rule which is to
do unto others what you want them to do unto you
while teleology does not; rather, it is also referred to
as the greatest happiness principle because it
justifies an action if it produces the greatest
happiness and least amount of pain.
Individualism
vs
Collectivism
DrKK