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Business Law Essay

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Business Law Essay
Structure:
1. Introduction:what happened to the news of the world, and its brief impact 100
2. Body:
2.1 Question 1:using ethical theories and frameworks. Key ethical issues in the news of the world 850 words
Utilitarianism, deontology etc.
2.2 Question 2: corporate governance and accountability, to what extent the news of the world failed. 450 words
Developing cultures, code of conducts, ethical leadership
2.3 Question 3: Three practices to consider to avoid (what should have done to the news of the world) 450words
1. A proper control system?
2. Ethical culture establishment?
3. ?
3. Conclusion: brief summarise the answers together 100words

1. Ethical theories:
The hacking scandal happened to the News of the World had derived lots of influences and revelations. The major message it brought to the public is: everything can collapse, even the huge one, if there is no ethical foundation. Besides, there are a few key ethical issues that worth to raise.
The following are discussed the key ethical issue embedded in the scandal happened to the News of the World from utilitarianism, Deontology, fairness, virtue ethics and also the stakeholder impact analysis.

Utilitarianism: utilitarianism focuses on the consequences of an action, an action will be a ethical one if the end result creates the greatest happiness for the greatest number of people. It counts both quantity and quality of happiness. In the news of the world case, overhear and hacking devices had been installed to people's private phones. The consequences of doing this are: people had more reading funs; some people, especially those celebrities lost their personal privacy; the sales of the news of the world rose a lot, shareholders and management were happy. Despite what the news of the world did was illegal, it might not be ethical either according to what utilitarianism articulates. The readers' happiness may overwhelmed the sorrow of those celebrities, however, these happiness came from an

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