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
Premium Ethics Business ethics
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
Free Louis XIV of France
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
Free Economics
Spinoza’s idea of inalienable rights‚ argues that the purpose of the state is freedom. However‚ similar to Hobbes he falls into the trap that a right to act means nothing more than a capacity to do so. Spinoza is also contra-dictionary as he defends absolute freedom but puts forward exceptions. Both argue that the sovereign has a right to act as it wishes and to listen to subjects’ opinion is simply a case of self-interest as doing otherwise would result in resentment‚ thus natural right is determined
Premium Political philosophy Metaphysics Free will
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
Premium Happiness Morality Personal life
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
Premium
Absolute monarchy can be defined as “a political theory that encourages rulers to claim complete sovereignty within their territories” (Joshua Cole‚ 2011). Absolute monarchy allows monarchs to take any form of action they desire without any restriction from laws or constitutions. Usually‚ in cases of absolute monarchy the monarch is a king‚ queen‚ or individual of royal descent. These kings typically rule with mild selfish ambitions and want simple political power and wealth. This form of government
Premium Monarchy Absolute monarchy Constitutional monarchy
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
Premium Ethics Morality Consequentialism
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
Premium God Philosophy Monotheism
collapse due to revolutions and corruption. This is due to the flaws in those governments that give the people too much power. Niccolo Machiavelli’s idea of an absolute secular monarchy addresses these issues. The problems that people bring into politics are removed‚ and a king is put in place to make society flourish. Niccolo Machiavelli’s absolute secular monarchy is the ideal form of government because it prevents the selfish people of society from uprooting the government‚ provides people with security
Premium Political philosophy Republic Government