A comprehensive study of responsible commerce broadens one’s perspective regarding the importance of a social paradigm within the ethics of business. By undertaking this subject‚ I was able to develop my understanding of the role of morality in business and how differing ethical theories impact upon stakeholders. Acting to benefit the interests of a majority is at the core of the consequentialist theory of utilitarianism‚ a philosophy carefully examined throughout the semester. Its merits and faults
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and he has done nothing. She is in a very uncomfortable situation and is ready to give up and join the rest of the unfaithful employees. When dealing with morality options‚ you always have to think of the consequences for yourself and others. The egoism principle is just for self. It is not considering anyone else but yourself and this principle will not serve well for this situation. The utility principle follows procedures and is morally correct with the best out come consequences possible. Basing
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and the conditions in China steadily declined‚ which are both reflective of each of the subsequent CEOs’ ethical philosophies. Right off‚ I think it becomes apparent that their business decision making philosophies use one or both theology and egoism. The CEO and executives find that such otherwise unacceptable working conditions are justified when the company as a whole takes in such high profits‚ and even if they do so at the expense of the health Chinese people‚ and other foreign
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concepts. Morality and ethics are almost one in the same in the greater scheme of things. They both work together to make up ethical decisions by a person. For example there are five key terms that breaks down the theories; which are Consequential‚ Egoism‚ Utilitarian‚ Act Utilitarian‚ and Rule Utilitarianism. Therefore‚ ethical theories and moral theories are broken
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phenomena in the world around us like the blue colour of the sky or the instinct of different birds and fish which always leads them home. But also there are such things like Good and Evil‚ Love and Hatred‚ Honesty and Betrayal‚ Self-sacrifice and Egoism‚ Eternity and Transiency. They are abstract‚ subjective concepts in the sense that they are created by the human mind and exist in only in our heads. Nevertheless they are no less weighty and‚ perhaps‚ they are even more significant for us. For
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Film Analysis1.Title : The Queen2.Producer: Francois Ivernel‚ Cameron McCracken‚ Scott Rudin3.Setting--3.1Date : 1997--3.2Place : Britain4.Characters--4.1Main----4.1.1Queen Elizabeth----4.1.2Tony Blair4.2Minor----4.2.1Princess Diana----4.2.2Alastair Campbell----4.2.3People of the nation5.SummaryThe film begins on the 1997 Britain elections on which Tony Blair was showed as the United Kingdom’s first Labour Party Prime Minister in 18 years. The Queen then questions a photographer on who are allowed
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Over the 3 week duration of the course I learned many theories that tried to provide answerers on the search for good and evil. Kant’s theory on deontology‚ Freud’s theory on psycho egoism and self deception Theory of Ethical conventionalism‚ Theory on human and nature centered ethics‚ Ethical pluralism and many more. If I had to choose any of the theories that I learned in class it would be the theory of ethical conventionalism‚ and Kant’s theory on deontology. I would choose ethical conventionalism
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Aristotelian Approach is a way to look at individuals in a corporation the same way Aristotle looked at people in the environment‚ by taking individuals into consideration over society‚ it focuses on individual habits of character to do good. Aristotle believed rights are important but the concern is more with the individuals’ virtues. There are six dimensions of this ethics: Community‚ excellence‚ role identity‚ integrity‚ judgment‚ holism (University of Phoenix‚ 2009). In recent years
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consequentialist theories are utilitarianism and ethical egoism. Utilitarianism‚ according to Bentham and Mill‚ the right action is which creates the greatest good for the greatest number. People should ask what action would promote the greatest amount of happiness for people who are affected. For example: a utilitarian would say euthanasia is ethical if that would bring satisfaction to the suffering patient and financial relief to the family. Ethical egoism‚ according to Ayn Rand‚ says we should do what is
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(1) Divine Command -- “Do what the sacred book tells you” - the will of God Utilitarianism -- “Make the world a better place” Virtue Ethics -- “Be a good person” The Ethics of Duty -- “Do your duty” Immanuel Kant -- Categoric imperativ Ethical Egoism -- “Watch out for #1” 3 On What Basis Do We Make Moral Decisions? (2) The Ethics of Natural and Human Rights -“...all people are created ...with certain unalienable rights” Social Contract Ethics Moral Reason versus Moral Feeling Evolutionary
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