decision by Moral Philosophies which refers to the specific principals or rules that people use to decide what is right or wrong (Ferrell‚ Fraedrich‚ Ferrell‚ Ninth Edition Business Ethics‚ p 153). The advantage to this decision is she did what she felt was morally acceptable‚ the disadvantage is she does not have their business and she has no reason to believe they would not pay the loan back and she would have made money for the bank if she accepted and approved the loan application. Although she
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Ethical Perspective In the following paper I am going to describe the four different ethical perspectives. I will start by describing my own personal ethical perspective as described by the University of Phoenix Ethical Awareness Inventory. After I describe my personal ethical perspective I will evaluate all four of the ethical perspectives starting with character/virtue based. I will then continue with obligation/ deontology based and results/utilitarianism based. I will conclude with a brief description
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Through the history of our world‚ philosophers and scientists have devised several thoughts that include a system that we are able to use to determine who and what is good or bad. As a population‚ we can use these different terms and types of ethical theory to determine which style‚ form‚ or behavior of ethics fits with our beliefs and culture. Some of these different types of theories include virtue theory‚ utilitarianism‚ and deontological ethics. Although these all fall into the category of
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Course: Legal & Ethical Environment Professor: Dr. Libertella Chapter 16 Business Ethics Perspective P419 1. Stewart was not an insider of ImClone and she received the tip from her stockbroker. Does she have an ethical obligation to ask where the tip came from or why the broker was recommending selling the stock? Does the fact that Stewart was an officer and director of a publicly traded corporation require her to use higher ethical standards when buying and selling stock of other companies
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Elijah A. Ruffin Research Paper Since the creation of Genetically Modified Foods in the 1950s‚ there has been increasing controversy over scientific‚ environmental‚ social‚ and the ethical issues surrounding them. The history of Genetically Modified foods shows that the initial purpose was to extend shelf life‚ improve flavor‚ and increase resiliency against degradation and rotting. According to Margaret McLean‚ a profound researcher of GMO’s‚ the first products to be genetically modified were
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Ethical Dilemmas 1) You are a prosecutor in a jurisdiction that does not use the grand jury system. An elderly man has administered a lethal dose of sleeping tablets to his wife ‚who was suffering from Alzheimer’s disease. He calmly turned himself in to the police department‚ and the case is on the front page of the paper. It is entirely up to you whether to charge him with murder. What would you do? What criteria did you use to arrive at your decision? 2) You are a probation officer and
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Ethical and Socially Responsive Business The Cheese Cake Factory is the restaurant I chose to evaluate when it comes to the code of ethical conduct. The code of ethical conduct is essential when it comes to running a business. In order for the company to be successful‚ they must carefully address problems and behaviors within the company that might affect the company. The code of conduct is crucial when it comes to the human aspect of the company. For the company’s success‚ they must follow and implement
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Performance Appraisal Research on Expatriates of Multinational Enterprises Case Analysis of Nokia CHEN Lu Hong Kong Baptist University E-mail: chenlu0719@126.com Performance Appraisal Research on Expatriates of Multinational Enterprises Introduction Nowadays‚ the competition of global business practices is becoming more and more intense‚ thus having an effective expatriate management system is urgent for every multinational enterprise. In this project I mainly studied the importance and
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Abstract When conducting business in France there are many challenges to overcome‚ including the ethnocentrism of their cultural heritage and the long line of historical principles that play out in French society. Through research it was found that the French approach business in a style of-their-own with true class and flare. They set the stage with an extravagant business lunch‚ in order to get acquainted and then proceed into intellectual negotiations to iron out the details. In each area‚
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"discipline dealing with what is good and bad and with moral duty and obligation‚" "a set of moral principles or value" or "a theory or system of moral values." Ethics assists individuals in deciding when an act is moral or immoral‚ right or wrong. Ethics can be grounded in natural law‚ religious tenets‚ parental and family influence‚ educational experiences‚ life experiences‚ and cultural and societal expectations. Ethics in business‚ or business ethics as it is often called‚ is the application of the discipline
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