Biomedical Ethics Exam 1 Study Guide Answers 1. The central aim of the normative theory is to provide well supported principles of conduct and value that will be useful for guiding people’s actions. There are 2 branches : 1. Right conduct theory: what makes right acts right? Example—abortion.. “hurting others is wrong”.. “killing people is wrong” 2. Value theory: what sorts of things are intrinsically valuable? 2. The central aim of the Value theory
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that the chemicals dumped into the area as an ill-thought-out solution have made many of them sick. But what about the ocean itself that has been treated as an experimental chemical dump by the Environmental Protection Agency (EPA) and corporate giant BP? Turns out‚ according to new research from the Georgia Institute of Technology and Universidad Autonoma de Aguascalientes (UAA) in Mexico‚ the two million gallons of the dispersant Corexit which the EPA dictated had to be used to supposedly clean up
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A Virtue Theory is the theory that right actions follow from becoming a moral person‚ and that by becoming a moral person we will automatically know what is right and wrong. When we know what is truly right or wrong we have flourished as humans‚ and we have eudemonia. Virtue ethics is one of the main forms of normative ethics‚ and often called arêtaic ethics (arête- virtue‚ from Greek). It contrasts deontology‚ which emphasizes rules and duties. A virtue is an admirable human characteristic such
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The ethical theory that an act you choose should produce the greatest amount of pleasure or happiness and the least amount of pain or suffering‚ is known as Utilitarianism. However‚ this theory is not about your happiness alone‚ but about making the greatest moral choices‚ that brings the utmost happiness to everyone. This theory comes from consequentialism which is a family of concepts that share the same idea; if an act creates positive results‚ then it is thought to be good. Utilitarian’s must
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SWOT Analysis S TRENG THS - BP is listed on London Stock Exchange and within the FTSE 100 Index‚ it is also has a listing on the New York Stock Exchange. BP is operating globally in 80 countries with different brands. - BP is 4th in the Fortune 500 and 3rd largest energy company worldwide measured by revenue. (CNN Money‚) which is also dominant in the European market. - BP also gained competitive edge because the world leading oil related technology. WE AKNESSES - BP made a huge loss in 2010 owing
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meet short-term debt requirements‚ BP was more able to meet their short term debt obligations in 2005 than 2004. From 2001 to 2003 the current ratios were 1.0767‚ 0.9733‚ and 0.9600 respectively. In 2001‚ 2002‚ and 2004‚ BP?s current liabilities were greater than current assets‚ indicating that BP may have faced some difficulty in meeting short-term debt obligations during these years. In 2003 and 2005 the current ratios were greater than 1‚ representing that BP?s current assets were greater then
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BP Oil Spill Chait‚ J‚ (2010). Dear Leader. New Republic‚ 241(10)‚ 2-2. Retrieve June 21‚ 2010‚ from Academic Search Premier. This article discusses the present oil spill in the Gulf of Mexico. The president’s has not changed the Minerals Management Service. In reality‚ the federal government has no agency tasked with capping undersea oil leaks. All the necessary equipment‚ along with the expertise for operating it‚ resides with the private sector. BP will likely bear the full cost of the spill;
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Utilitarianism is a moral theory that an action is morally right if that action produces the greatest of good and happiness for the most number of people. Therefore‚ one should act if and only if one’s action produce the greatest possible balance of good and happiness over bad and unhappiness. Being one of the method that people commonly use to decide the rightness and wrongness of an action‚ utilitarianism provides a clear guidelines of the determination an action’s rightness. In addition‚ utilitarianism
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The 2010 BP oil spill that took place on the BP-operated Macondo Prospect claimed 11 lives‚ and is considered to be the largest marine oil spill in the petroleum industry’s history. The spill flowed continuously for 87 days until it was declared to have been contained on 15th July 2010 and finally sealed on 19th September of the same year (BP‚ 2013). However‚ unconfirmed reports indicate that some of the well sites continue to leak (Pulham‚ Hilaire & Fenn‚ 2010). The spill took a physical and psychological
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In the wake of the disaster in the gulf American citizens have a plethora of questions. Why would BP engage in risky practices that could endanger the area where the company makes its profit? Who is responsible for ensuring that the citizens of the Gulf Coast region are protected when companies like BP place profit above people? As this drama plays out on American television screens one must realize that the only check to the power of private companies is the American government which is charged
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