NORTHERN CARIBBEAN UNIVERSITY College of Business Administration and Hospitality Management Department of Business Assignment 1 Submitted to Mrs. Leena Thyagaraj BSAD489: Ethics and Values in Business Section A Presented by Roxanne Quailo ID#28090150 Date February 11‚ 2013 1. Kantian Theory Kantian ethics are deontological‚ revolving entirely around duty rather than emotions or end goals. All actions are performed in accordance with some underlying maxim or principle‚ which are deeply
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religion and can mean doing the right or wrong thing. An example to help you understand the difference would be: Abortion is legal and therefore medically ethical‚ while many people find it personally immoral. Ethics can be relatively simple to follow‚ while applying morals can be decidedly tougher. There can be a moral dilemma‚ but not an ethical one. While good morals represent correct and upright conduct‚ ethics act more as guidelines. Ethics are applicable or adhered to by a group or community
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INTRODUCTION The first article ‘hundreds of economists agree Marijuana legalization could save taxpayers $13 billion per year’ by Jonathan Benson underlines a sensible ethical issue which legalizing a plant regarded as drug – though non-narcotic – in other to save and to make more money. In second article‚ “Pepsi’s ’Next’ generation - Less sugar!”‚ Scott Morefield highlights Pepsi’s procedures of making soft-drink –thereby making money – which harmful for the customers. On one hand‚ Pepsi gets
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we are equipped for both the varied ethical battles we will face and the ethical successes we desire. Although most of you will be called upon to practice applied ethics in typical business situations‚ you’ll find that the foundation for such application is a basic understanding of fundamental ethical theories. These ethical theories include the work of ancient philosophers such as Plato and Aristotle. This module introduces the widely accepted core ethical philosophies‚ which will serve to provide
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Ariq Zaman MME 101 11/10/10 Ethical Theories The word ethics comes from the Greek word ethos‚ which means morals. Ethical theories are the basics of ethical analysis because they are the perspective from which guidance can be attained along the pathway to a decision. Each theory highlights different points such as forecasting the outcomes and following one ’s responsibilities to others in order to attain an ethically correct decision. “The moral rightness of an action‚ unlike the cultural
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Ethical Theories Joseph Ramos ETH/316 November 26‚ 2012 Irma Flores-Brothers Ethical Theories Ethics can be defined as a code of moral principles that sets a standard between right and wrong. Having what it takes to be an ethical person is not an easy task and the proper methods of becoming a moral person has been debated for centuries. This has resulted in several theories including utilitarianism‚ virtue theory‚ and deontological. Although all relate to ethics they each have a different
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dominant theories which forms the foundations of ethical analysis‚ because they are the viewpoints from which guidance can be obtained along the pathway to an optimum decision. Each theory emphasizes different points such as predicting the outcome and following one’s duties to others in order to reach an ethically correct decision. However‚ in order for an ethical theory to be useful‚ the theory must be directed towards a common set of goals. Ethical principles are the common goals that each theory tries
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Ethical Theories Ethical theories are the concepts that provide various viewpoints and guidance in making beneficial decisions. With the ethical theories‚ principles can be beneficial to each of the theories success. In this paper‚ traditional theories analyze how to gain a principle understanding of where they originated and how they achieve as theories. Ethical theories include and provide a brief background of Utilitarianism‚ Kantian‚ Social Contract‚ Divine Command‚ Natural Law‚ and the
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Essay I Ethical Theory Thesis: To begin‚ I believe that it would be permissible to shove the fat man off the railing to save the lives of five individuals that would have otherwise been struck by the trolley. I will use John Stuart Mill’s teleological theory of Act Utilitarianism to prove my case. I will also explain why I disagree with Kant’s Formula of Humanity. Background: The theory that we are focusing on for this particular case is called the normative theory of ethics. This theory asks what
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Markets and Institutions SEVENTH EDITION The Prentice Hall Series in Finance Alexander/Sharpe/Bailey Geisst Fundamentals of Investments Megginson Investment Banking in the Financial System Andersen Corporate Finance Theory Melvin Global Derivatives: A Strategic Risk Management Perspective Bear/Moldonado-Bear Gitman International Money and Finance Principles of Managerial Finance* Principles of Managerial Finance–– Brief Edition* Mishkin/Eakins Financial
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