Midterm Business and Philosophy Essay Example | Topics and Well Written Essays - 2500 words

Midterm Business and Philosophy - Essay Examples precept is considered to be the main basis of most business ethics in regards to the various interactions that may occur with the customers, stakeholders, members of the community, nonage circumstancesholders or the employees (Dani, 74).The label golden was first applied to the rule by the Chinese philosopher Confucius (551-479 B.C.). Various some(prenominal) other similar formulations of this maxims are to be found at the centre of Taoism, Hinduism, Zoroastrianism, Buddhism and some of the rest of the worlds major religions.As the American philosopher Marcus G. Singer, correctly deduced the Golden Rule happens to be a principle of quite great antiquity. It is seen to have played a key role in establishing moral teachings in almost all religions and cultures and presently continues to play a significant role in our moral education. More importantly is the point that has been put forth by Augustine and some of the other philosophe rs that the Golden Rule is not lone(prenominal) key in the setting of limitations for our actions, but also it help in encouraging us to get up the interests of other people above those of ourselves (Dani, 74).Although it is considerably one of the oldest and best maxims to practice, the Golden Rule in some cases might not necessarily be the best standard in the management of people in business. It has been found that what one employee might find valuable and highly appreciate, another employee might absolutely despise. accord to Zimbardo and Weber, This can be attributed to the fact that privilegeences in life are highly individualized and learned. These variances include how individuals prefer to be treated by their supervisors. The incorrect tendency for people to assume that other persons happen to share the same behaviour, feelings and opinions as they do is referred to by social psychologists as false consensus effect. This tendency is considered to be a fundamental bias t hat affects how people happen to think as concerning others (McLean