Case Study #1 “The Lottery Ticket” A person representing ethical egoism would advise me to do whatever I feel is necessary for my own good. An ethical egoist would say that people should do whatever they believe or think is in their own self-interest. If you feel it would benefit you to use the wining lottery ticket as your own then go for it. If you feel that $1.8 million will help you out of your financial hardship then go for it. Ethical egoism allows you to go against your morals and values and
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What Makes a Good CEO? Is character an essential ingredient in ethical leadership? Is it especially important in managers? In leadership‚ especially among CEOs‚ is character important? Why? I believe character is very essential in ethical leadership. The case study mentions that you can tell a lot about a person by how they treat those in subordinate roles. It is even that much more important in management and leadership roles‚ such as CEO’s. Character reveals who a person really is‚ and how they
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WHISTLEBLOWING: AN ETHICAL DILEMMA Joan K. Pierson‚ Karen A. Forcht‚ Ben M. Bauman Information and Decision Sciences Department James Madison University Harrisonburg‚ Virginia‚ USA ABSTRACT Because most organizations depend on computer systems that electronically store important data to perform crucial business functions‚ the integrity of these information systems is paramount. Securing company systems‚ however‚ is not always an easy task. More sophisticated systems often provide widespread access
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activities affect consumer behaviour and their ethical decision making. Method: This study used a quantitative research approach with a semi-structured questionnaire via convenience sampling method. Results: The results showed that participants believed themselves to be ethical consumers. However in testing their knowledge of supermarkets CSR activities and ethical definitions‚ participants scored lowly. In addition minimum action towards ethical behaviour was illustrated. Conclusion: The more
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The success of Howard Schultz as a transformational and ethical leader has much to do with his charisma. Not only does he have a likeable personality‚ but he encompasses the type of ethical values that the company was founded on. House (2010) maintains that a charismatic leader serves as a role model for employees by embodying the types of behaviors that they would like to elicit from others. Howard Schultz is someone who acts ethically and responsibly in his role as a CEO and employees are able
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13 April 2014 Introduction Over the years‚ businesses have evolved to incorporate consumer views in their practices. As a result‚ consumer power has become an influential force that directs organizational strategies towards ethical practices. Based on the previously mentioned view‚ an evaluation of Product red’s strategy provides insight on its strengths‚ weaknesses‚ and improvements. Product Red Harvard Business School (2009) argues that numerous challenges face various nations
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Utilitarianism might be applied to abortion. (25 marks) b) “A religious believer should never have an abortion.” Discuss (10 marks) a) Abortion is the deliberate termination of a human pregnancy and in today’s society is viewed as a very controversial ethical issue due to the conflicting moral standpoints. Natural Law was first proposed by Aristotle but championed by Aquinas (1225 – 74) and Utilitarianism by Jeremy Bentham in the late 18th century. Abortion was not an issue during these periods‚ which
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they value and recognize the importance of ethical behavior. “Leaders come in all shapes and sizes but all good leaders possess leadership style and actions that exhibit both their values and their ethics” (Daft‚ 2011‚ p.6). Since we have defined leadership as the “influence relationship among leaders and followers‚ ethical leadership is about leaders trying to influence people to act in an ethical manner” (Daft‚ 2011‚ p.5). Some believe that ethical leadership is only a matter of leaders having
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Australian‚ British and USA Ethical conduct across a number of disciplines not limited to the field of psychology is an issue that occupies legislatures‚ regulatory agencies‚ educators and professional societies alike. Most professions have a code with standards that guide practice within that particular field. The increase in the number of practicing psychologists and the fields in which they are employed worldwide necessitates the assurance that the highest ethical standards are abided by to protect
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Code Ethics Issues Ethical codes are adopted by organizations to assist members in understanding the difference between ’right’ and ’wrong’ and in applying that understanding to their decisions. An ethical code generally implies documents at three levels: codes of business ethics‚ codes of conduct for employees‚ and codes of professional practice. Code of ethics (corporate or business ethics) A code of business ethics often focuses on social issues. It may set out general principles about
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