ETHICAL PRINCIPLES/THEORIES Situation Ethics o Situation ethics views Pornography as moral if and only if it is used in moderation and with the right mind set of the individual to use it to benefit oneself or others in a good way. A married couple who are unable to show their love to each other can use a type of pornography called “cybersex” to help them cope up with the loneliness of being away from their loved one. o But if an individual indulges his/herself into pornography to harm
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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 are then said to be "right in a given culture" or "wrong for a given society." Perhaps
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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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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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Comparing Ethical Theories Joseph Spor ETH/316 May 28‚ 2012 Ralph Hutton Comparing Ethical Theories The philosophy of ethics has been studied and debated for many centuries. While there are varying definitions of ethics‚ many who study the topic would agree that ethics can be described two ways. First‚ ethics can be considered to be the standards of right and wrong that outline what a human being ought to and ought not to do. In other words‚ they are the standards that tell us to be honest and
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Comparing Ethical Theories Several ethical theories are available for study‚ while there are differences among them there are also many similarities. This paper will discuss the similarities and differences in Virtue Ethics‚ Utilitarianism‚ and Deontological ethics. Virtue ethics are based on what is meant to be good. A person is of good moral character after a lifetime of habits that lead to excellence (Boylan‚ 2009). Virtue ethics are composed of standards accepted by the community
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Tesco.com is an electronic commerce website operated by Tesco. As well as being the world’s largest online grocery retailer‚[citation needed] it offers a wide range of other products‚ including electronic goods‚ books‚ broadband and financial services. Tesco has operated on the Internet since 1994 and started an online shopping service named ’Tesco Direct’ in 1997. Tesco.com was formally launched in 2000. It also has online operations in the Republic of Ireland and South Korea. In 2003‚ tesco.com’s
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stock. –Sarah r 1924 The first own-brand product sold by Jack was Tesco Tea - before the company was called Tesco. The name comes from the initials of TE Stockwell‚ who was a partner in the firm of tea suppliers‚ and CO from Jack’s surname. - stine 1929 Jack Cohen opened the first Tesco store in Burnt Oak‚ Edgware‚ north London. The store sold dry goods and the first ever branded product‚ which‚ unsurprisingly‚ was Tesco Tea! -camille 1934 Jack Cohen bought a plot of land at Angel Road
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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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Question 1: There are a number of theories regarding the relevance of dividend policy-discuss these theories. In what situations might management decide to increase dividends? Dividend Irrelevance Theory Much like their work on the capital-structure irrelevance proposition‚ Modigliani and Miller also theorized that‚ with no taxes or bankruptcy costs‚ dividend policy is also irrelevant. This is known as the dividend-irrelevance theory‚ indicating that there is no effect from dividends on a company’s
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