IRUM SUBMITTED BY IMAM BAKHSH ASSIGMENT BUSINESS ETHICS IN ISLAMIC CONTEXT DEPARMENT MANAGEMENT SCIENCES SUBMISSION DATE 9_07_2010 What is Ethics?Ethics may be defined as the set of moral principles that distinguish what is right from what is wrong. Ethics has a twofold objective: it evaluates human practices by calling upon moral standards; also it may give prescriptive advice on how to act morally in a given situation. Ethics‚ therefore‚ aims to study both moral and immoral behaviour
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ETHICS AND MORALITY A. What is the difference between ethics and morality? Ethics and morality have common or rather tightly knit Greek-Latin roots: the Latin word «moralis» is a copy of the Greek adjective «ηθικός» "ethical" (check it in Google translator). Nonetheless‚ despite the formal identity of these terms from the very beginning you can see some - very significant - difference in content and method of use. «Ethos» is a Greek word meaning "character" that is used to describe the
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course of action based on your analysis. 3 Given a business dilemma with ethical implications‚ fully analyze all facets of the situation‚ reconcile the divergent perspectives‚ and prepare a report of your recommendations for action. 4 Given the challenges of operating in a diverse global environment‚ describe some necessary capabilities for achieving and sustaining a distinctive competitive advantage. 5 Given an example of a strategic business plan‚ evaluate how well the company’s short and long
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government of two sovereign masters‚ pain and pleasure – they govern us in all we do‚ in all we say‚ in all we think…’ (Jeremy Bentham) The above statement made by Bentham is the way that he feels that people should act in situations where morals and ethics are compromised. Bentham suggests that we are governed by two sovereign masters; these are ‘pleasure’ and ‘pain’. This is the way that we should make all decisions based on this theory. Bentham states that if we do something ethically good then we
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Kelly Franco Student ID number: 4194960 Paralegal Ethics Page 78 1. When an attorney agrees to represent a client the attorney and the client create a responsibility of confidentiality. This is so that the client can feel free to speak about all the facts of the case with the lawyer without fear of repercussion. After the case is over this responsibility of confidentiality does not end. Is as if we would say that after a patient walks out of the doctors office the doctor is now able to talk about
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Fri‚ Jan 30 Mrs. Julie Noriega 392 Blue Lagoon Way Orlando‚ FL 32814 Dear Julie: 3392 Econlockhatchee Trail Orlando‚ FL 32822-6588 407.891.2330 garth.peterson@raintree.com I am sending you this letter‚ as your Financial Planner‚ I am glad to respond to your request for clarification on the Tax status of the eBay profits. As you in all are probably aware ‚ you can use eBay to clean out your closets or eBay can be used to run a small business. Your smart to enquire about your tax liability
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Challenges of the Assessment and Measurement Process identify the challenges I/O psychologists face in this area during the assessment and measurement process. Write a 1‚050- to 1‚400-word paper that addresses the following: Hiring new employees is a task that is typically not complicated; however‚ selecting the wrong employee can lead to a host of problems. Equally‚ the methods used to assess and measure selection can be as daunting‚ creating deleterious effects on corporate resources
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Merck Ethics Study In developing a drug to combat river blindness‚ pharmaceutical company Merck discovered an opportunity to treat millions of affected peoples around the world that probably would never see commercial use. The drug in development‚ ivermectin‚ was unaffordable to the primary victims of river blindness‚ Third World peoples. Thus‚ Dr. Vagelos‚ the head of research at the time‚ treaded upon a ethical quagmire; he could either choose to scrap the drug and its further research or
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What are the challenges to the relativist position? Which one resonates with you most and why? The challenges one faces when supporting the relativist position are complex and variable‚ as there is no fine line that is applicable to all situations as a whole. The reasoning behind this is due to different cultural and socioeconomic backgrounds‚ which often represent different morals‚ values‚ ethics‚ and belief systems. All of those attribute and further point to the subjectivity and controversial
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A bird does not sing because it has an answer. It sings because it has a song. Chinese Proverb - More quotations on: [Birds] A bit of fragrance clings to the hand that gives flowers. Chinese Proverb A book holds a house of gold. Chinese Proverb A book is like a garden carried in the pocket. Chinese Proverb A book tightly shut is but a block of paper. Chinese Proverb A child’s life is like a piece of paper on which every person leaves a mark. Chinese Proverb A diamond with a flaw is worth
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