What role does duty play in ethics? Based on this‚ do you resonate more with the utilitarian‚ virtue ethics‚ Kantian‚ natural rights‚ or egoist theories? Provide an example if you choose to answer this question. While‚ I tend to agree more with the Kantian principle of categorical imperatives which tend to say that morals should come not out of desires or wants but out of duty as desires and wants are hypothetical Imperatives. Duty should be the deciding factor for what is ethical or not. I tend
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From the Desk of: Imran Omer Case Study: WorldCom From its beginnings as a long distance call player to handler of Internet data traffic‚ WorldCom was a spectacular firework in the sky before it crashed out as one of the biggest bankruptcies America has witnessed in its corporate history. WorldCom carried more international voice traffic than any other company. It carried a large amount of the world‟s Internet traffic. WorldCom owned and operated a global IP (Internet Protocol) backbone that
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Kantian ethics can be used to analyze the moral implications of James’ decision without considering the consequences that occurred afterwards. Immanuel Kant’s theory of morality is based off of two virtues: good will and duty. Kant believed that good will
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ENRON Introduction Enron was the country’s largest trader and marketer for electric and natural gas energy. Its core business was buying energy at a negotiated price and later‚ selling the energy when prices increased. As an energy broker‚ Enron provided a service by allowing producers to negotiate a certain price while Enron took the risk that prices would fall below what it bought energy. Buyers of energy also benefited because Enron could ensure the supply of energy. In 2000 Enron was listed
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The Kantian approach to torture is that we ban it entirely‚ although this would be the most preferred method in a perfect world‚ we do not live in a perfect world. Because war‚ terrorism‚ and crime exists‚ on occasion torture can effectively prevent large scale
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Is the prohibition on torture an absolute moral rule? Chapter 9: The Categorical Imperative (Annex D- “Elements of Moral Philosophy”) Wk 11 29th & 31st Oct Kantian Ethics: Good will‚ cont’d Categorical and Hypothetical Imperative‚ Duty‚ Rational Nature‚ Just War- Just peace‚ Terror‚ Punishment Is the prohibition on aiming at the death of a harmless person an absolute moral rule? Is the prohibition on torture
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What were the business risks enron faced‚ and how did those risks increase the likelihood of material misstatements in enron’s financial statement Enron faces most of the risk ordinarily faced by any energy company‚ including price instability and foreign currency risks. Enron operated in many different areas of the world with different regulatory and political risks. Enron faced business risks such as a complex business model‚ extensive use of derivatives and special purpose entities‚ aggressive
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The overall cause for Enron’s bankruptcy should be blamed on former chairman and CEO‚ Kenneth Lay. As an Enron executive‚ all of Lay’s concerns should have been focused on Enron’s profits‚ but all he cared about was his property. When he noticed Enron’s financial problem‚ he did not attempt to fix it‚ but made effort to maintain his own benefit and ignored the whole company’s and investors’ loss. His selfish and unethical behavior not only deceived the investors but also finally resulted in Enron’s
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Kantian Perspective Immanuel Kant‚ a German philosopher lived from 1724 to 1804 and during his lifetime created many theories on ethical conduct and human motivation. Unlike consequentialism which believes the morality of actions depend on the best actual or expected results‚ Kant believes the morality of our actions has nothing to do with the results but has everything to do with our intentions. For Kant‚ “it has everything to do with our intentions and reasons for action‚ those that are embedded
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Enron Questions 1. How did Enron’s corporate culture contribute to its bankruptcy? Enron’s corporate culture was greedy and arrogant. Arrogance and pride are what mostly contributed to the downfall of Enron. Employees made money for the executives. The company was thought of as a leading company‚ and imagined to be invincible. Once funds were gambled away‚ and the whole got deeper‚ more funds were gambled to attempt to create liquid assets to pay off debt. Eventually‚ it all ran out.
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