Psychological egoism claims that people do only act in their self-interest. Ethical egoism is the normative ethical stance that people ought to do what is in their self-interest. Although similar‚ the two beliefs are not compatible because ethical egoism‚ in order to be significant‚ must claim that people can be altruistic; otherwise it would make no sense to say that people should be selfish. Neither philosophy is very good‚ though. Both have very big problems. A major problem with psychological
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Ethics Code Analysis-American Counseling Association vs. American Association of Christian Counselors Ethical codes are rules of professional responsibility‚ in which make known with difficult issues of what behavior is "ethical" (Corey‚ Corey & Callanan‚ 2007). These codes are usually adopted by a person‚ religion‚ group‚ or profession to regulate that entity. Ethical codes help to define accepted or acceptable behaviors; to promote high standards of practice; to provide a point of
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OPPORTUNITY CREATES ETHICAL DILEMMAS Definition of ethical dilemmas Ethical dilemmas‚ also known as a moral dilemmas‚ are situations in which there are two choices to be made‚ neither of which resolves the situation in an ethically acceptable fashion. In such cases‚ societal and personal ethical guidelines can provide no satisfactory outcome for the chooser. Ethical dilemmas assume that the chooser will abide by societal norms‚ such as codes of law or religious teachings‚ in order to make the choice
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10 Principles of Academic Principle and Integrity One of the most important principles is to always plan ahead and never over book your schedule. This is the most important for a variety of reasons. Time management helps you to make sure you’re taking the time out to successfully complete your work and fulfill any commitments made to others. It’s important to be successful and stay true to your commitments because it shows you’re professional and dependable. The second
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says that people only obey laws to avoid the consequence‚ however if they knew they could get away with breaking the law they would certainly do so. Psychological egoism does not imply Ethical egoism. In fact they are two different things. Psychological egoism says that we DO always act selfishly and Ethical egoism says that we SHOULD act selfishly. Psychological egoism is the belief that people are only out for themselves all the time and just trying to be. Take for example an alcoholic‚ does
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Jason Lee Case #6 Date: 02/16/2011 1. Calculation of Ratios a. Liquidity Ratios i. Current Ratio = 1‚354‚535 / 675‚252 = 2.0059 ii. Quick Ratio = 786‚114 / 675‚252 = 1.164 b. Leverage Ratios i. Debt Ratio = (675‚252 + 564‚390) / 2‚015‚677 = 1.5974 ii. Debt to Net Worth Ratio = (675‚252 + 564‚390) / 776‚036 = 1.5974 iii. Times Interest earned ratio = (165‚234 + 119‚658) / 119‚658 = 2.3808 c. Operating
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Valuation of AirThread Connections Group 7 (Shaojin Ding/ Jin Wang/ Wenqi Gu/ Shijia Wu/ Tongtong Yin/ Canran Xie) Given the background of ACC and AirThread‚ do you think the acquisition is a good idea? Briefly explain your answer. Yes. First‚ American Cable Communication (ACC) and AirThread could help each other compete in the industry that was moving more and more bundled service offerings. Second‚ the acquisition could help both companies expand into the business market. Third‚
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The ethical issues presented in Gattaca are ethical egoism‚ psychological egoism‚ sacrifice and the possibilities of radical perfection. It challenged the worthiness of the consequences of extreme self serving efforts; to take risks; to do the impossible despite public opinion. These ethical issues are based on the main character‚ Vincent. He uses these ideologies to achieve his goal of perfection‚ defying the constant disapproval of his parents which alienated him as a child. The ethical context
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2. What are the ethical issues involved? Altering the company’s work in progress Altering financial statements by under reporting expected profits Altering job costs by reclassifying the $124‚000 R&D costs Anne’s undue threat to Sue in regards to her obligation to the company and doing as she is told versus her obligation to following the ethical code of conduct as a professional accountant and following proper GAAP. 3. What should Sue do? Sue has a moral‚ ethical‚ and professional obligation
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Journal of Diversity Management – First Quarter 2010 Volume 5‚ Number 1 To Be Ethical Or Not To Be: An International Code Of Ethics For Leadership Ala’ Alahmad‚ University of the Incarnate Word‚ USA ABSTRACT To be ethical or not to be that is the question? Leadership is about setting the right example and making a difference in people ’s lives. You do not have to do great things to make a difference (Ayres‚ 2004). Honesty‚ tell the truth no matter what‚ respect‚ punctuality‚ not judgmental
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