Ethical Egoism and Utilitarianism are considered consequentialism theories because they both focus on the outcome of conduct as the primary motivation of that action and whether or not that conduct is ethical. Consequentialism is a moral theory that states that the consequences of one’s actions are the basis of any morality or judgement toward that action. The major difference between the two theories is where those acts are directed. Utilitarianism focuses on the idea of the greater good or to
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Strategic Leadership: A Case Of Ford Motors Contents Introduction 3 Company profile 3 Part-A Strategic Leadership 4 Implication of strategic leadership in Ford 7 Implementation and dealing the change 8 Organizational change 9 Game theory and simulation 12 Conclusion 14 Reference 14 Introduction The new idea and innovation had come up with constant enhancement of mankind. The new innovative and effective idea is demand to accomplish the requirement of company and customer
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Abstract: In June 2008‚ India-based Tata Motors Ltd. announced that it had completed the acquisition of the two iconic British brands - Jaguar and Land Rover (JLR) from the US-based Ford Motors for US$ 2.3 billion. Tata Motors stood to gain on several fronts from the deal. One‚ the acquisition would help the company acquire a global footprint and enter the high-end premier segment of the global automobile market. After the acquisition‚ Tata Motors would own the world ’s cheapest car - the US$ 2
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Psychological Egoism is the idea that only self-interest motivates human action. For psychological egoism‚ we want to make ourselves as well off as we can be. According to this theory‚ there is only one thing that motivates humans and that is self-interest. To agree with psychological egoism‚ means you cannot be altruistic‚ the idea that humans can have an ulterior motive‚ as it is just simply human nature. The Expected Benefit argument claims that only self-interest motivates human action. I believe
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Chapter 4 Leadership and The Project Manager 04-01 Homework Discussion Stakeholders discussion General Class and Homework sequence Read chapter – Class - Homework Problems on class briefed. Read before you write Organizational Structure Discussion "successful project management is contextual“ The organization itself really matters — its culture‚ its structure‚ and its strategy each play an integral part‚ and together they create the environment in which a project will flourish or flounder
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Utilitarianism versus Egoism Taken from the ideals of normative ethics‚ traditions stemming from the late 18th and 19th centuries‚ John Stewart Mill and Jeremey Bentham conclude that an action is right if it in turn promotes happiness and an action is bad or wrong if it produces the opposite effect of happiness. They both conclude that the actions of these individuals will affect not just the individual themselves but it will affect that of everyone involved by the decision made. Utilitarianism
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TQM would be the relevant tool to manage all the processes that has been highlighted in this study since we can’t produce what we can’t measure‚ as a result it will then focus on the overall performance through monitoring and continuous assessment to ensure a quality of service to students. In addition‚ according to (Sallis‚ 2002:1) there are several aspects that should be featured to achieve quality in education‚ it includes the following: • The use of the latest technology • Authentic examination
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My reflection on Ethical egoism of Ayn Rand is that she believes that Objectivism’s politics derives immediately from its ethics‚ which provides the principles for "how man should treat other men." These principles of ethics provide the foundation for "the principles of a proper social system." Objectivists hold that laissez-faire capitalism is "the only moral social system." Rand’s defense of individual liberty integrates elements from her entire philosophy. Since reason is the means of human
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INTRODUCTION Ford Motor Company was founded by Henry Ford in 1903‚ in Dearborn‚ Michigan. It is one of three leading automotive manufacturing companies in United Sates and grew to reach revenue of more than $144 billion with 370‚000 employees and operation spanned 200 countries. In the 1970’s‚ the automobile market for the major auto-makers‚ General Motors (GM)‚ Ford and Chrysler was crunched by competition from foreign manufacturers such as Toyota and Honda. The automakers faced the need to continue
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Case Studies The Model T Ford Henry Ford did not invent the motor car – in fact he was a comparative latecomer to the scene. Although he had started producing cars back in 1903 he had little success until the Model T. The first production Model T was built on September 27th‚ 1908 in Detroit and production continued until 1927. The key contribution which he made was to change the approach to manufacture and marketing of cars. Prior to his activities cars had been a specialised luxury product available
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