Utilitarianism is defined as ethic based on consequences. An act‚ either it is morally wrong or good is acceptable as long as the end outcome is greater. In this essay on utilitarianism‚ I would argue Peter Singer’s calculus preferences‚ equality is for all living being but sacrificing one for greater good is plausible. Counter argument of Immanuel Kant’s moral deontology claim‚ it is immoral to consider a human being as a means to an end. John Mills’ actions are right as long they promote happiness
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Overview Enron Corporation‚ once the 7th largest company in US and a global leader of electricity and natural gas industries‚ filed for bankruptcy protection in late 2001. It was revealed that the company had been hiding investment losses and created fictitious revenue through several complicated accounting gimmicks. Besides Enron’s senior management who created the whole fiasco‚ many people believed that several other parties‚ such as the Board of Directors and the external auditors should also
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Running head: Normative Ethics: Utilitarianism and Deontology Normative Ethics: Utilitarianism Deontology Ethics are a personal set of values used by an individual to guide their actions‚ and to recognize any obligation. They are a continuously evolving code of conduct dependent upon circumstances and the life experiences of the individual. With actions that can be measured by “right” and “wrong”. Ethics are not primarily concerned with the description of moral systems in societies but
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What Role Does Personal Ethics Play in an Organization In late 2001‚ the United States economy experienced a shock as Enron‚ the country’s 7th largest corporation‚ declared bankruptcy. Many people lost their jobs‚ and even more investors lost billions of stock dollars as shares collapsed. As the rubble was removed‚ many signs of unethical acts surfaced‚ and were found to be carried out by some of the principal parties in the company. This debacle not only affected the employees and investors
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Module 1 SLP Assignment ETH501: Business Ethics 23 Feb 2013 It is the largest and oldest established branch of the U.S. military‚ and is one of seven U.S. uniformed services. The modern army has its roots in the Continental Army which was formed on 14 June 1775‚ [2] to meet the demands of the American Revolutionary War before the establishment of the United States. The Congress of the Confederation officially created the United States Army on 3 June 1784[3] [4] after the end of the Revolutionary
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Consequentialism‚ Deontology‚ and Virtue Ethics The philosophies of consequentialism‚ deontology‚ and virtue ethics are guidelines for decision making that utilize very different theories of how an ethical dilemma should be approached. Consequentialism is a philosophy that asks whether or not the end justifies the means. “In other words‚ an act and therefore a decision is ethical if its favorable consequences outweigh its negative consequences” (Brooks‚ 2007‚ p. 329). Deontology‚ on the other hand
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Deontology or duty ethics exist to oppose the idea of utilitarianism. Utilitarianism is basically approaches morality that no moral act or rule is intrinsically right or wrong but the rightness or wrongness of an act matters only on what a person finds attractive‚ what is appropriate to serve as enjoyment or should we say‚ non-moral good. For utilitarianism‚ morality is only a matter of the non-moral good produced that results from moral actions and rules‚ and moral duty is instrumental‚ not intrinsic
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The three types of theories are utilitarianism‚ deontology‚ and virtue ethics. Utilitarianism is the act of looking at the results and/or penalties of something and choosing to act in a way that yields the best results for the utmost outcome. Deontology is treating other people with respect and dignity‚ treating others as we want to be treated. Virtue Ethics concentrating on the significances of the act we wish to evaluate‚ or the reason or rule that guides the action‚ we look at the character
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Normative ethics: conventional ethical theories: Virtue ethics‚ Deontology and utilitarianism. Virtues ethics focuses on the person not the act. Virtue ethics de-emphasises rules‚ consequences and acts. Aristotle agreed with Socrates and Plato that virtues are central to a well-lived life. He believes that an ethical person was the man of virtues. Virtue is the mean between two extremes. There is no univocal definition of ethics which is also known as moral philosophy. For some people ethics is a code
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When Jeff Skilling took the major energy company Enron over‚ he contributed to the hiring and development of an entire corporation with a crooked staff whom were corrupt all the way from the bottom employees to the top executives. Top executives “cooked the books” through a certain structured finance including accounting ambiguities‚ special purpose entities‚ and poor financial reporting. They were able to hide billions of dollars in debt from failed deals and projects. CFO‚ Andrew Fastow and other
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