MGM365 : Week 1– Assignment: Ethical Decisions Scenario: You have worked at this organization for over 10 years and feel totally unappreciated. You have not received a promotion or pay raise in over 5 years‚ and you work long days and typically take work home with you to stay caught up. Your supervisor—who you despise because of the way he treats you and because he does not authorize any promotion or raise‚ whereas other departments do—climbs the staircase in front of your cubicle every day
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Ethical Frameworks Practice Health care professionals are subject to a multitude of professional‚ legal‚ and ethical responsibilities which call for personal judgment to be utilized in such a manner as to protect clients as well as public wellness and interests. Overall considerations in handling such duties may be considered to be respect of a client’s autonomy‚ confidence‚ and recognition of obligations owed to all clients. While the aforementioned acts fall within the professional realm
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Ethical Relativism; No moral truths‚ just relative to the individual/culture. When is different just different and when is it morally problematic? Diversity of standards often leads to issues with regards to; Corruption/work practices/child labour/inferior products/government influence Situation sensitive: need for tolerance/understanding of variety of cultures. Moral diversity: no wrongs/rights‚ based purely on social norms. Shouldn’t pass judgement on situations
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Ethics along with other sciences study these moralities. Ethical relativism and ethical absolutism are two views that many social scientists are studying. These scientists are especially fascinated by how different the moralities are in different societies. Here‚ it is important to understand how people behave or what people believe. The two views are very different from one another. The first view covered is ethical absolutism. Ethical absolutism suggests that there is only one correct moral standard
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IntroductionBusinesses in today’s world raise many ethical issues and it is important to understand which actions are right and which ones are wrong. In this report the focus will be placed on an article about models working in the fashion industry. It explains how models are being mistreated and exploited in many ways which include sexual harassment‚ lack of rights‚ overworking and having to face dangerous situations such as taking drugs which include cocaine in order to stay thin. The article also
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Ethical Theories It is vital for businesses to understand the importance of ethics in this dynamic environment. Organizations that are committed to long term success recognize and realize that creating a culture where ethical behaviors are rewarded and encouraged is the ultimate key to survival and growth. According to Joseph 2003‚ business ethics refers to clear standards and norms that help employees to distinguish right from wrong behavior at work‚ while in the other hand ethical theories are
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also define the cultural issue within the global organization as well as provide an analysis of the ethical and social responsibility issues that the organization must deal with as a result of being a global organization. The analysis will identify ethical perspectives in the global organization and it will compare these ethical perspectives across cultures involved in the global organization. Ethical Perspectives Paper Due to many strict regulations placed on corporations by the United States
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Corporate Risk management /Multinational tax management Corporate risk management AKA managing exchange rate risk. The key issues from this week’s lecture are the effects of changes in exchange rates‚ volatility in the exchange rate markets and how corporations can hedge against this risk. Looking at how to manage 3 types of exposure- transaction exposure‚ translation exposure and economic exposure. Multinational tax management looks at how international corporations pay different taxes in different
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style . She is extremely hard-working ‚ and there seems to be nothing that could stop her from achieving her goals Issues Lael cannot definitely determine whom of the three candidates she would like to choose for promotion . From both moral and ethical perspectives all three deserve promotion and possess their strengths and weaknesses Each of the discussed candidates has already significantly contributed into improving the overall company ’s performance . Lael is also a subordinate she has to listen
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1007/s10551-011-1130-4 Ethical Blindness Guido Palazzo • Franciska Krings • Ulrich Hoffrage Received: 1 June 2010 / Accepted: 22 November 2011 Ó Springer Science+Business Media B.V. 2011 Abstract Many models of (un)ethical decision making assume that people decide rationally and are in principle able to evaluate their decisions from a moral point of view. However‚ people might behave unethically without being aware of it. They are ethically blind. Adopting a sensemaking approach‚ we argue that ethical blindness
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