Susan Gustafson Business Ethics Mark Matthews‚ Ph.D. February 10‚ 2004 Applying Ethics to the Merck Case The purpose of my essay is to show whether the business decisions made by the management team of Merck pharmaceutical are ethical. Using corporate assets for charitable purposes‚ the company manufactures and distributes a drug called Mectizan at no charge to impoverished nations and their inhabitants. I will expound on three ethical theories and then analyze the Merck case according to each
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Case Study 2 -How Low Will You Go? [pic] Name: Jiahao Zhong Student ID: 15440031 Tutor: Mr. Rex Walsh Campus: Sydney Table of content 1. Utilitarianism …………………………………………………..……2 2. Virtue ethics ………………………………………………………....4 3. Libertarianism……………………………………………………….5 4. Deontological …………………………………………………… …..9 5. Conclusion…………………………………………………10 6. Reference…………………………………………………..11 [pic]Diagram 1 (shows some basic information for the case study) Utilitarianism:
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Business ethics Name Institution Business Ethics Question 1: What is the moral point of view and why is it important? Does it make sense to say that business people must operate from the perspective of the moral point of view? Why‚ or why not? Answer: Business ethics refers to the study of proper business policies and practices‚ with regards to the potential controversial issues such as corporate governance‚ discrimination‚ bribery among others (Madsen & Shafritz 1990)
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7-11 Case Assignment 1. Make a bullet point list of the efforts that 7-11 Japan has made in each of the categories above‚ listing as many examples as possible for each category. Information systems Online ordering system Point of Sale (POS) Integrated Service Digital Network (ISDN) Internet/Intranet & Satellite communications Fiber Optic Network Location/Trade Analysis (LTA) Wireless LAN Graphic Order Terminal (GOT) Scanner Terminals Handheld computers Data analysis and decision
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The case is: Apple Finds Human Rights Violations in Supply Chain which discussed the Apple’s factory and the condition of the factory. Apple is one of the largest mobile phone manufacturers in the world and they have many factories and workers around the globe. The audit team found out that there is several ethics issue for the factory of Apple. First is the factory hired underage employees which are under age of 16 and it is the youngest age for employment in china. And Apple also falsified identifications
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I. ABSTRACT Without question "business ethics" is one of the hot topics of the day. Over the past months we have seen business after business charged with improper practices that violate commonly accepted ethical norms. This has led to a loss of confidence in corporate management‚ and has had severe economic consequences. Business ethics serves the important social function of integrating business and society‚ by promoting the legitimacy of business operations‚ through critical reflection
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Definition of Ethics: - * Ethics is a branch of Philosophy Concerned with the Study of what is Good and Bad. * We can also define Ethics as “Ethics are Set of Principles or Rules of Conduct used to help to distinguish between Right and Wrong.” Nature and Scope of Ethics: - * Normative Science deals with Judgments of Value and Positive Science deals with Judgments of Facts. * Ethics is a Normative Science. Its Principal Concern is with Human Conduct in respect of its Relation to
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Doyle Williams 10/23/2012 Business Ethics Chapter 7 Ethical Business Challenges 1. Identify the ethical and legal issues of which Gerard needs to be aware. Ethical Issues-Gerard need to be aware of the issues he’s wife meaning that she pregnake‚ There only one income coming in the house hold. Plus‚ It seem like Gerard have a lot thing to going. Plus on his job it seems like that an issues dealing. For instance‚ Gerard’s department didn’t like the policy‚ Meaning he
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Running a business requires adequate consideration to a number of issues outside the traditional scope of making money‚ of which ethics is most certainly one. As our business grows and becomes more significant‚ we impact on the lives and circumstances of people in ways we can only imagine - through bringing jobs‚ creating wealth and inspiring others to grow their businesses. An important part of engaging in this process is understanding your business ethics‚ which if not up to scratch can leave you
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I watched Deborah Gruenfeld’s video before reading chapter 7 and again after completing the chapter. My perception was not the same after watching the video for the second time. I noticed her gestures‚ eloquence‚ posture and mode of dressing and I realized that although she was talking about how to convey power and influence‚ she was conveying what Pfeffer talked about in chapter 7 as “acting with power”. Gruenfeld expressed confidence as she was lecturing and her posture and gestures was like Pfeffer
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