"Ethical theories in enron case" Essays and Research Papers

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    Law and Ethics essay For the purpose of this assignment I will look at the legal and ethical aspects involved in the following scenario and this will be discussed. I will take into consideration both the deontological and consequentialism theory. Laws relevant to this scenario will be looked at. Scenario To maintain confidentiality the name of the patient has been changed. The patient D is 60 years old male who had kidney cancer he had been admitted to the hospital for further treatment. On

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    Normative Ethical Theories

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    NORMATIVE ETHICAL THEORIES Objective • Discuss the normative ethical theories L2: Normative Ethical Theories Beliefs about how people should behave can be classified into at least 2 major categories: Teleological theories (Consequentialism) Right actions are those that produce the most or optimize the consequences of one’s choices. Behaviour is ‘ethical’ if it results in desirable behaviour 1. 2. 3. 4. Ethical egoism Ethical elitism Ethical parochialism Ethical universalism Deontological theories

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    Enron

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    Case 1.4 AMRE‚ Inc. 1. Generally‚ ethics refer to moral principles and values. Random House Webster’s College Dictionary notes that ethics are “the rules of conduct recognized in respect to a particular class of human actions or governing a particular group‚ culture‚ etc.” An individual ’s ethics generally define what that individual believes to be right and wrong. Professional ethics are typically expressed by a code of conduct adopted by an organization that represents a profession. Professions

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    Enron Ethics

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    particularly in this case: how did Enron lose both its economical and ethical status? This question makes the Enron case interesting to us as business ethicists. Enron ethics means that business ethics is a question of organizational "deep" culture rather than of cultural artifacts like ethics codes‚ ethics officers and the like. BackgroundAt the beginning Enron faced a number of financially difficulty years. In 1988‚ the deregulation of the electrical power market took effect and Enron redefined its business

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    3 Ethical Theories

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    been formed. Of all those ideas on the nature of ethics and what is ultimately most good and bad‚ emerged three major philosophical theories on ethics. The three major theories on ethics are ethical egoism‚ utilitarianism‚ and deontology. In this paper I will compare and contrast all three and show why ethical egoism is strongest argument for basing your ethical code on. The

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    B368 Ethical Theories

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    Traditional Ethical Theories Consequentialist (teleological) Non- Consequentialist (deontological) - Act in the way that brings about the best consequences - Concentrate on the act being perform Egoism (outcome: desirability) Kant (ethics of duties) Nature: Nature:  act accordingly to self-interest  based on desires  free (Adam Smith) Example:  Correct if morals actors think it is correct (rational/logical/reasonable)  not depends on situations  Categorical imperative- right

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    individual values. You may disagree with someone and believe your view is superior‚ relative to you as an individual; more often‚ relativism is described in terms of the values of the community in which one lives. The view of ethical relativism regards values as determined by one’s own ethical standards‚ often those provided by one’s own culture and background. Rather than insisting that there are moral absolutes‚ moral claims must be interpreted in terms of how they reflect a person’s viewpoint; moral claims

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    Workable Ethical Theories

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    this issue very carefully. This chapter talks about Workable Ethical Theories such as Kantianism‚ Act Utilitarianism‚ Rule Utilitarianism‚ Social Contrast Theory‚ and others. If I had to choose one of the workable ethical theories in chapter 2 and use it for all my personal ethical decision making‚ I would choose Kantianism. According to the book “Ethics for the information age” by Michael J. Quinn (2014)‚ Kantianism‚ an ethical theory of the German philosopher Immanuel Kant‚ is able to go beyond

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    Philosophy Ethical Theories

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    whether it took place hundreds of years ago. Stealing is just one of those things which is universally wrong and knows that even if they don’t obey the rules. Strengths Weaknesses . It provides a fixed ethical code to judge actions with . Clear guidelines of behaviour. . Absolutism enables us to have a UN Declaration of human rights . Equality- same rules apply to everyone. . Life contains many situations which people instinctively take an absolutist

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    Ethical Theories Chart

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    Axia College Material Appendix B Ethical Theories Chart Complete the chart below using information from the weekly readings and additional research if necessary. Ethical Theory | Utilitarianism | Deontological | Virtue ethics | Definition | Moral decisions require taking full advantage of the benefits as well as minimizing the damage to society. (Trevino & Nelson‚ 2007) | Somebody who concentrates on carrying out what is “right” consistent with their own ethics as well as ideals. (Trevino

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