Final answer:
Distributive justice refers to the fair and equitable distribution of economic goods and services within a society. Different ideologies and theories, such as those proposed by John Rawls and Dworkin, offer varying approaches to achieving this fairness.
Step-by-step explanation:
In business ethics, the term being referred to is distributive justice. Distributive justice is concerned with the fair and equitable distribution of economic goods and services within a society. This entails questions of how to regulate social life and provide for individuals, especially those who are disadvantaged or incapable of caring for themselves. Differing ideologies have their own approaches to distributive justice, with some focusing on economic equity and the reallocation of wealth for fairness, while others prioritize free market systems that leave distribution to the forces of the market. Theories like those proposed by John Rawls with the Difference Principle and by Dworkin with his concept of Equality of Opportunity and Luck Egalitarianism have aimed to conceptually address the issue of distributive justice.