Business Ethics Module 2 – Written Assignment 1. Act utilitarianism and rule utilitarianism are the two different forms of utilitarianism Shaw and Barry distinguish. According to our textbook‚ act utilitarianism is the classic and most straight forward version of utilitarianism. Act utilitarianism states that we must ask ourselves what the consequences of a particular act in a particular situation will be for all those affected. If it brings more total good than those of any alternative
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February 19th 2014 BUS 440W Littman Corporate Actions And Business Ethics Roger And Me Assignment 1) “Is it right for General Motors to be closing their factory in the town of Flint Michigan? A town who’s residents rely on their jobs to support their families?” 2) After watching Michael Moore’s documentary‚ there is an abundance of information that suggests my ethical issue is valid. The town of Flint‚ Michigan relied on General Motors as the primary source of income for decades. Once
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Business Ethics Concepts & Cases Manuel G. Velasquez Copyright © 2012 Pearson Education‚ Inc. All rights reserved. Chapter Four Ethics in the Marketplace Copyright © 2012 Pearson Education‚ Inc. All rights reserved. Definition of Market • A forum in which people come together to exchange ownership of goods; a place where goods or services are bought and sold. Copyright © 2012 Pearson Education‚ Inc. All rights reserved. Three Models of Market Competition • Perfect competition – A free market
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Business Ethics Term Paper: Wal-Mart Walmart serves customers and members more than 200 million times per week at more than 9‚826 retail units under 60 different banners in 28 countries. With their fiscal year 2010 sales of $405 billion‚ Walmart employs 2.1 million associates worldwide. Walmart was founded in 1962 by Sam Walton‚ with the opening of the first Walmart discount store in Rogers‚ Ark. The company incorporated as Wal-Mart Stores‚ Inc.‚ on Oct. 31‚ 1969. The company’s shares began trading
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Jamie M. Boatwright Business Ethics January 18‚ 2011 Should Aaron Feuerstein rebuild in Malden and pay his employees in the meantime? What do you think of Feuerstein’s decision? What would you have done had you been in his position? I believe that Aaron Feuerstein should proceed with his plans to rebuild in Malden as well as continue to pay his employees some type of severance pay. Although the company faced tough economic hardships that were not at the fault of the employees‚ it should not
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ACCT 201 Ethics Case* Fall 2012 NAME: Janika Washington________________ MAJOR: Business Management____________ Please complete items 1 through 4 by typing in your answers in the space provided and then printing TWO (2) copies of the completed case and submitting both copies in class on the date specified by your instructor. As the controller of LNP Company‚ Amy discovers a misstatement that overstated net income in the prior year’s financial statements. The misleading financial statements
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Business Ethics Term Paper 1.) (Strategic)Philanthropy can be defined as giving back to the community (FERRELL‚ 2011‚ p. 94). Certain companies that profit from society feel a moral obligation to give back to the people. I believe giving back in the long term is a great idea for business. If done correctly it can be a great marketing tool. Strategic Philanthropy is a more defined giving back to society. It is mutually beneficial to the organization and stakeholders (FERRELL‚ 2011‚ pp. 118-119)
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Class: Business Ethics Chapter 10 Homework Discuss the corporate ethical issue of providing questionable products to other markets. In this case‚ George who is operation manager of CornCo plant Phoenix where buying corn and producing chips marketed in the United States and elsewhere. The corn futures were on the rise‚ which would ultimately increase the overall costs of production‚ at the same time‚ a new company called Abco Snack Foods had begun marketing corn chips at competitive prices
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Individual assignment 2 2.1 Content of assignment Individual assignment 2: (hand in week 4) Phase 1‚2‚3 of the ethical cycle: Moral problem statement Problem analysis Options for action Phase 4 of the ethical cycle: Intuition Utilitarianism Bentham Mill 2.2 Case: “Fire Detectors” Residential fires cause many deaths each year. Several companies manufacture fire detectors in a highly competitive market. Jim is a senior manager at one of these companies. He has been invited to
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Legal organization of business A corporation is a business or organization formed by a group of people‚ who are known as shareholders‚ with the sole purpose of making profits. A corporation is its own legal entity‚ meaning that it has its own juridical personality. It has many of the some rights and obligations that and individual would have‚ such as the competency to buy and sell property; enter into leases and contracts; and can sue or be sued‚ essentially‚ it can be prosecuted and punished if
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