Ethical and legal obligation of business Introduction Business ethics: It is a form of applied ethics or professional ethics that examines ethical principles and moral or ethical problems that arise in business environment. It applies to all aspect of business and is relevant to the conduct of individuals and entire organization. Ethics is mainly concerned with what is good versus bad‚ what is right versus wrong. Deontology is an ethical theory that holds that actions are right or wrong independent
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main objective to all rulers. Many monarchs weren’t successful with their attempts to have absolute power‚ but Louis XIV did‚ and it was the longest reign in European history. Louis XIV noticed that the qualities to becoming an absolute monarch were to not let servants have too much authority‚ lowering the power of the nobility‚ and controlling religions in his kingdom. The main obstacle he saw of getting absolute rule was controlling the power of the nobility(French)‚ but he did accomplish this by slowing
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The Absolute Monarch of Louis XIV absolutism - a form of government in which all power is vested in a single ruler or other authority The Sun King‚ Louis XIV of France‚ inherited the throne upon his father’s death in 1643. Only 5 years old and by law too young to rule‚ his mother Anne of Austria became Queen Regent and appointed Cardinal Mazarin as chief minister. Louis’ mother instilled in him at a young age the concept of divine right of the king to do what he chooses. Mazarin proved
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ABSOLUTE AND COMPARATIVE ADVANTAGE An individual‚ a firm‚ a region‚ or a county may develop an area of specialization naturally‚ but frequently choices must be made to determine what to produce for exchange or trade. Producers should concentrate on the activity in which the)- have an absolute advantage. An absolute advantage is the ability to product a good or service using fewer resources than other producers use. In the United States‚ this situation occurs when one region of a country is more
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Kant believes that if people have both the virtue which is having the strength to resist bodily inclinations and happiness they could have a good life if they are doing what is right. In Chapter 9 “Are There Absolute Moral Rules? Immanuel Kant expressed the “Categorical Imperative” by saying: “Act only according to that maxim by which you can at the same time will that it should become a universal law”(p.124). He expressed that “Categorical Imperative” is to
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the most secret knowledge about the God‚ namely the uncarping spirit‚ and the faith. The absence of cavil‚ or the uncarping spirit is a prerequisite for gaining an intimate‚ immediate and personal experience of the omnipresent reality of the absolute. Every spiritual aspirant must necessarily cultivate this quality. It is a divine characteristic‚ which makes a man’s personality pure and lucent. Carping nature is a big obstacle in the path to divinity‚ acquire mental equipoise and inner tranquillity
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References: Thiroux J & Krasemann K (2012): Ethics: Theory and Practice 11th Edition. Pearson NJ. Lecture in Ethics in The Social Sciences (Week 2): Consequentialist (Teleological) Theory Lecture in Ethics in The Social Sciences (Week 3): Non-consequentialist (Deontelogical) Theory
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presents to the reader the idea of the “absolute duty to God” and he describes that Abraham’s duty to his son is less than that of his own relation with God. Kierkegaard makes the point that “the ethical relation” between Abraham and Isaac “is reduced to the relative as against the absolute relation to God” (p. 98.) To back up this claim Kierkegaard refers to Luke
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Non-Defining Relative Clauses A relative clause is a clause that generally modifies a noun or noun phrase‚ and is introduced by a relative pronoun (which‚ that‚ who‚ whom‚ whose)‚ a relative adverb (where‚ when‚ why) or a zero relative. They are also known as an adjectival clause. For example: - Can I have the pencil that I gave you this morning? - Yesterday I called our friend Julie‚ who lives in New York. - In the summer I’m going to visit Italy‚ where my brother lives. There
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The idea of the absolute sovereignty of God‚ Calvinism is required to be understood. This basic principle of Calvinism clearly distinguishes itself from other Christian systems. Because it has a far more extensive view in which individual salvation is also important‚ it only constitutes a small part‚ while God’s view contains all government and religious systems‚ which include all domains. Thus‚ this principle‚ considering the world to be the possession of God‚ it began from God and equals to everything
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