Trident University Module 1 Case Assignment ETH301: Business Ethics After reading over the case study‚ I look back to my childhood when my family was affected by a tornado in our local area. Homes were destroyed and many people were forced to seek housing elsewhere. The hotels/motels in the area jacked prices up considerably‚ which were too expensive for some of the affected families. Looking at this situation from different perspectives will change which ethical theory‚ whether Deontological
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Consequentialism is an approach to ethics that argues about the morality of an action is depending on the action’s outcome or consequence. Therefore‚ a morally right action is one that produces a good outcome or result‚ and the consequences of an action or rule generally outweigh all other considerations. The term "consequentialism" was coined by Elizabeth Anscombe in her 1958 essay "Modern Moral Philosophy"‚ as a pejorative description of what she saw as the central error of certain moral theories
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main tenets of Natural Law? Do the strengths outweigh the weaknesses? (25) Natural law is the belief that man desires happiness‚ however for the philosopher Thomas Aquinas‚ he believes this mean fulfilling our purpose as humans. Natural law was an ethic rooted in the philosophy of Aristotle‚ in the 4th century. He came up with the idea that everything in life serves a purpose and therefore distinguished efficient causes from final causes. The efficient cause is what gets things done. For example‚
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Thus‚ rather than relying on amorphous‚ vague moral truths to guide action we should look to more concrete ways of determining the ethics of a particular act. Also‚ utilitarianism would argue that deontology leads to morally untenable outcomes‚ such as in the example above. Utilitarians would argue that the outcome of everyone’s deaths (those who could not support agriculture) is much
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External and Internal Analysis of Foxconn Introduction Foxconn‚ or Hon Hai Precision Industry Co‚ was founded 37 years ago in Taiwan by Terry Gou. The company initially started as a local computer component manufacturer. Over the past decades‚ Foxconn had been continuously growing to become the world’s largest electronic components manufacturers with the consolidated revenue of 59.32 billion US dollars in 2010. As the largest electronic manufactures‚ Foxconn provides electronic components to major
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understand what stance a utilitarian takes on justice in this circumstance. The first thing that must be recognized is the fact that there are two types of utilitarianism in instances concerning overall justice. Julia Driver mentions this in her book Ethics: The Fundamentals. Driver posits that there is a difference between act-utilitarianism and rule-utilitarianism (Driver 64). Act-utilitarianism deals more with what classical utilitarianism believes. It follows the belief that one should choose the
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Foxconn Technology Group‚ is the world’s electronics contractor manufacturer with headquarter located at Taiwan. (Foxconn‚ 2016) The following are two ethical issues identify: Exploitation of factories workers Foxconn exploited their workers to work long working hours and accept low wages. In 2010‚ Foxconn was notorious for its factories workers’ mass suicide attempts‚ with 16 deaths at its factory in Shenzhen‚ China. It was reported that the mass suicide attempts was due to Foxconn’s poor labour
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Ethical egoism is the normative theory that the promotion of one’s own good is in accordance with morality. In the strong version‚ it is held that it is always moral to promote one’s own good‚ and it is never moral not to promote it. In the weak version‚ it is said that although it is always moral to promote one’s own good‚ it is not necessarily never moral to not. That is‚ there may be conditions in which the avoidance of personal interest may be a moral action. In an imaginary construction
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If people would adhere to virtues the world would be a better place. Living a virtues life means following moral qualities. Not living a virtuous life can lead to: untrustworthiness‚ unfairness and alarm. People can avoid negative experiences by following proper protocol. The world would be a better place if people live by the following virtues sincerity‚ justice and tranquility. Sincerity is a moral quality that people should live by. The virtue sincerity teaches humans to be real and true. People
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Business Ethics Individual Report Name: Tran Tuan Linh ID: 12212205 Country from: Vietnam Value system chosen: “Achievement Disease in Education” 1. In any country‚ education plays a very important role to promote the development of all economics and society. However‚ with methods of education for so long which do not fit the requirements of the new era‚ Vietnam education is producing passive “people” who is good at theory but bad at practice. Students and even teachers nowadays are always
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