What are the 12 virtues and vices?

Aristotle’s 12 virtues:

  • Courage – bravery.
  • Temperance – moderation.
  • Liberality – spending.
  • Magnificence – charisma, style.
  • Magnanimity – generosity.
  • Ambition – pride.
  • Patience – temper, calm.
  • Friendliness – social IQ.

What are the business virtues?

These stakeholders expect qualities such as honesty, competency, fairness, transparency, openness, and courage, a mix of moral and nonmoral excellences. These are qualities that build trust for the business and its leaders. This way of thinking is the “stuff” of virtue ethics.

How are vices related to virtues?

Typical virtues include courage, temperance, justice, prudence, fortitude, liberality, and truthfulness. Vices, by contrast, are negative character traits that we develop in response to the same emotions and urges. A person is good if he or she has virtues and lacks vices.

What is virtue in business ethics?

Virtues are basically positive character traits, such as honesty and generosity. (The opposite of a virtue is a vice. Vices are negative character traits like dishonesty and greed.) Virtue theory is especially relevant to business in that modern businesses put significant emphasis on mentorship and on leadership.

What are the 10 vices?

Here, 10 vices you can finally embrace guilt-free.

  • Sleeping In. Go ahead—hit the snooze.
  • Smoking Marijuana. “Medical” marijuana is bit of a misnomer.
  • Snacking on Candy. Grab some gummies on your way through the checkout line.
  • Biting Your Nails.
  • Drinking Alcohol.
  • Going on Vacation.
  • Eating Chocolate.
  • Having Lots of Sex.

What are the 10 virtues of a virtuous entrepreneur?

Ten Virtues of Successful Entrepreneurs

  • Passion and inspiration. If you don’t approach your job with passion, you may run out of inspiration for progress.
  • Taking risks.
  • Self-discipline.
  • Planning.
  • Comparative advantage.
  • Reputation.
  • Financial management.
  • Expertise.

What are the virtues of a doctor?

In practicing medicine, physicians must be guided both by the basic principles of biomedical ethics and by Beauchamp’s and Childress’s four fundamental virtues: compassion, trustworthiness, discernment, and moral integrity.

What are the 7 vices and virtues?

Virtues and vices—prudence and pride, fortitude and anger, faith and lust, hope and envy, charity and sloth, temperance and gluttony, justice and avarice—become entangled, superimposed, intertwined, illegible, canceling each other out while at the same time appearing to create new words.

How important is virtue ethics to you in business?

Virtue theory helps to develop principles, tactics and procedures of business. Virtues can play a big role in achieving economic success. Virtues-driven firms are more likely to maximize profits. However, acting virtuously does not always result in high profit because there are also many factors in business life.

What are examples of vices?

It is defined as a bad habit or immoral activities. Vices are common among young males and females, examples include prostitution, indecent dressing, robbery, cultism, pocket picking, drug addiction, examination malpractice, hooliganism, thuggery, gambling, smoking,…

What are vices in ethics?

Virtue ethics is currently one of three major approaches in normative ethics. It may, initially, be identified as the one that emphasizes the virtues, or moral character, in contrast to the approach that emphasizes duties or rules (deontology) or that emphasizes the consequences of actions (consequentialism).

What are ethical virtues?

Virtue ethics states that character matters above all else. Living an ethical life, or acting rightly, requires developing and demonstrating the virtues of courage, compassion, wisdom, and temperance. It also requires the avoidance of vices like greed, jealousy, and selfishness.