For our assignment we picked walmart ‚and here a brief introduction about the company. Wal-Mart Stores‚ Inc. is an American multinational retail corporation that runs chains of large discount department stores and warehouse stores. The company is the world’s second largest public corporation‚ according to the Fortune Global 500 list in 2013‚ the biggest private employer in the world with over two million employees‚ and is the largest retailer in the world. Walmart is also the largest grocery retailer
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Examination An action can be considered ethical or unethical depending on the perspective. There are three main theories of ethics: virtue‚ utilitarianism‚ and deontology. Each theory uses different criteria to determine if an action is ethical. Although the idea of performing ethical actions is similar‚ each theory follows a different approach. The virtue theory of ethics determines what is right and wrong based upon how it will affect one’s character. Essentially‚ an action will be considered
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Normative theory and whistle-blowing Introduction Whistle-blowing in this context is the act‚ for an employee‚ disclosing what he believes to be an unethical or illegal behaviour to higher management (internal whistle-blowing) or to an external authority or the public (external whistle-blowing). Examples of unethical acts include sexual harassment and racial discrimination at work while illegal act include the accounting fraud by the Arthur-Andersen accountants for Enron (Sims & Brinkmann 2003)
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TUI UNIVERSITY Donald L. Kinder Normative Ethics and the Right to Privacy Course Number: Business Ethics 301 Professor: Dr. Corey Mathis Date: 27 Aug 12 Normative Ethics and the Right to Privacy The cyber communication and email has a pivotal role in the lives of Americans. It has been found that 87% of the youth of today go online (Weiss‚ 2005)‚ representing 21 million youth. Emails increase the speed of multiple‚ simultaneous interaction. The advances in technology that provide
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Module 1 SLP Assignment ETH501: Business Ethics 23 Feb 2013 It is the largest and oldest established branch of the U.S. military‚ and is one of seven U.S. uniformed services. The modern army has its roots in the Continental Army which was formed on 14 June 1775‚ [2] to meet the demands of the American Revolutionary War before the establishment of the United States. The Congress of the Confederation officially created the United States Army on 3 June 1784[3] [4] after the end of the Revolutionary
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Consequentialism‚ Deontology‚ and Virtue Ethics The philosophies of consequentialism‚ deontology‚ and virtue ethics are guidelines for decision making that utilize very different theories of how an ethical dilemma should be approached. Consequentialism is a philosophy that asks whether or not the end justifies the means. “In other words‚ an act and therefore a decision is ethical if its favorable consequences outweigh its negative consequences” (Brooks‚ 2007‚ p. 329). Deontology‚ on the other hand
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Walmart has three basic beliefs. Respect for the individual‚ service to the customer‚ striving for excellence. They use these beliefs to show the types of attitudes that create an honest‚ fair‚ and legal work environment. Walmart’s Statement of Ethics is very well organized. At the very beginning is a Table of Contents that will easily guide you through the Statement. You will then find a message from the Chief Executive Officer. Next‚ you will get into how to use the statement of ethics and
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Utilitarianism and Aristotelian Ethics John Stuart Mill and Aristotle are two of the most notable philosophers in history to date. Between Mill’s Utilitarianism and Aristotle’s virtue ethics you can see a large portion our cultures ethics today. Their philosophies are apparent in contemporary everyday life. Aristotle has written several pieces on virtue and friendship. The two most notable works being the Magna Moralia and the Eudemian Ethics. However‚ his Nicomachean Ethics were by far the
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identify the normative ethics that deals with the utilitarian and deontological implications as to why should the top executives of the major banks that received bail-out money are allowed to receive large bonuses? What Are Normative Ethics?
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MBA 726 Business Ethics Policy Audit for Walmart MUNISE ULKER I wanted to pick Walmart because my own company is very small and the policies are not very detailed yet‚ but will be as we grow in the light of what we learned in this class. AlsoWalmart is a national company with a lot of holes in their Ethical Policies‚ I thought I can learn from reviewing their mistakes. Walmart has a code of ethics but it is not very effective that they keep being sued and loose. Their board
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