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Reflection On Ethics, Ethics And Ethics In Business

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Abstract
In this reflection essay, I focus on several significant issues. These include: the theory that favors me the most, which is egoism, as when faced by an ethical dilemma, I tend to measure the short and long run benefits of my actions while I am taking a decision. An introduction to ethics, morality and ethics in business is also a part of this essay, as well as the environmental ethical problem and how many irresponsible businesses are unethical when dealing with this. Lastly, I conclude and describe that the presence of ethics is vital in civilized societies.
Ethics and Morality
“Ethics is knowing the difference between what you have a right to do and what is right to do”- Potter Stewart (BrainyQuote, 2016)
To start with, although the terms ethics and morals are seen to be synonyms, ethics refers the moral principles which regulate an individual’s behavior or activity, ethics is concerned with judgments about which human behavior is seen to be as ‘good’ or ‘bad’ in any situation; while morals are beliefs based on practices dealing with how individuals conduct themselves in society and in personal relationships (Nichol, 2012).
The ethical theories
Philosophers nowadays divide the ethical theories into three areas which include: applied ethics, metaethics and normative ethics (Fieser, 2016). The normative theories of ethics is divided into two parts: Consequentialist theories and Nonconsequentialist theories
Firstly, consequentiality theories are further divided

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