Encyclopedia of Quality of Life and Well-Being Research

2014 Edition
| Editors: Alex C. Michalos

Business Ethics

  • Alex C. MichalosEmail author
Reference work entry
DOI: https://doi.org/10.1007/978-94-007-0753-5_244



“Business” here refers to all systems and activities involved in the commercial exchange of goods and services. “Ethics” refers to all human action aimed at securing a good quality of life. So “business ethics” refers to all activities and systems concerned with the commercial exchange of goods and services with respect to their impact on the quality of people’s lives.


The connection between business ethics and the quality of life may be regarded as very close and direct if one is a moral consequentialist, in particular if one is some kind of an actutilitarian. Generally speaking, moral philosophers may be divided into two very broad groups, deontologists and consequentialists. Deontologists hold that some human actions are inherently morally good or evil; for example, murder is inherently bad, and telling the truth is inherently good. Consequentialists hold that no human actions are inherently...
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Copyright information

© Springer Science+Business Media Dordrecht 2014

Authors and Affiliations

  1. 1.University of Northern British ColumbiaPrince GeorgeCanada
  2. 2.(residence) BrandonCanada