1. Executive Summary This report defines‚ examines and promotes a non-profit capitalistic business model. The model endorses enterprises which compete in the free market‚ but eschews profits in favor of social benefits. This entails an increased workforce with benefits and wages on par with current standards. This increased employee pool works under a staggered shift structure so that each employee only works a 3-day (24 hour) workweek. Labor is scheduled in such a way that there is necessary labor
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THE ETHICAL IMPERATIVE Today’s businesses are entrenched in a great conflict. The interests of the stockholders and the interests of the populace at large seem to be in constant turmoil. On one hand‚ stockholders desire profit for themselves‚ and on the other‚ the general population does not care to be exploited by those whose sole motive is profit. This is a conflict because those who buy a business’s products tend to be in the general public‚ and they have the ability to make or break a
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Ethical Issue in Business – Pfizer‚ Examined Staci Holt PHL/323 Cassandra Giles Sunday‚ August 1‚ 2010 Ethical Issue in Business - Pfizer‚ Examined Pfizer‚ Inc (Pfizer hereafter) is an international pharmaceutical firm with $45.2 billion in profits in previous years and has an estimated allotment for research and development around $7.9 billion (Pagnattaro‚ 2005). Currently involved in a legal battle originating from allegations that the company unethically pursued clinical trials in an
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me is right or wrong.""Ethics has to do with my religious beliefs.""Being ethical is doing what the law requires.""Ethics consists of the standards of behavior our society accepts.""I don’t know what the word means." The meaning of "ethics" is hard to pin down‚ and the views many people have about ethics are shaky. Like Baumhart’s first respondent‚ many people tend to equate ethics with their feelings. But being ethical is clearly not a matter of following one’s feelings. A person following his
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a plan of action‚ and (6) E = evaluate and monitor the solution and feedback when necessary. First of all it is important for a health care professional to define what the problem is. The following are Uustal’s nine steps to ethical decision making identified in the Ethical Decision Making Lecture at Grand Canyon University (2011). SITUATION: 85 year old Full Code living in a vegetative state‚ who has just been readmitted to the ICU for treatment of pneumonia; has a history of 1 CVA‚ 2 TIA’s; tracheostomy
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Ethical Decisions for Stakeholders: A Practical Application Introduction Organizational culture‚ or the values‚ attitudes and beliefs held by an organization‚ directly impacts all the stakeholders of an organization. This assignment looks at a hypothetical scenario from Strait about a situation at private university. The goal is to determine an ethical decision that has the greatest benefits to the stakeholders in this organizational culture. To lend insight to the university
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University of Phoenix Material Ethical Dilemma Worksheet Incident Review 1. What is the ethical issue or problem? Identify the issue succinctly. | The ethical dilemma is whether the Probation Officer should base his recommendation taking into account what the husband went through for his country ‚ or just based on a literal interpretation of the law. | 2. What are the most important facts? Which facts have the most bearing on the ethical decision presented? Include any important
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Euthanasia and its Ethical Issues Euthanasia can be defined as the deliberate killing of a person for the benefit of that individual. In most cases‚ euthanasia is carried out because the person‚ who dies‚ asks for it; but there are situations in which the patients are unconscious or in a coma or not mentally stable enough to make the decision for themselves. (Wikipedia‚ 2010) Euthanasia is one of the major ethical topics all around the world; there are people who believe that if a patient chooses
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Derek Higgs described the role of a non-executive director as ‘custodian of the governance process.’ A non-executive director (NED) sits on the board of company just as a normal executive director would do so‚ however a non-executive director does not form part of the executive management team of the company. Essentially they are not an employee of the company or affiliated in any way other than their role as an independent NED. The distinction between a non-executive director and an executive
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feelings. But being ethical is clearly not a matter of followings one’s feelings. Ethics‚ however‚ cannot be confined to religion nor is it the same as religion. Being ethical is not the same as following the law. The law often incorporates ethical standards to which most citizens subscribe. But laws‚ like feelings‚ can deviate from what is ethical. Finally‚ being ethical is not the same as doing “whatever society accepts.” In any society‚ most people accept standards that are ethical. But standards of
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