"Profit maximization ethical theory" Essays and Research Papers

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    ethical relativism

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    * Ethical relativism : means that there isn’t rational way to decide that if there is an ethical stander is absolutely true or absolutely false . For example : "drinking" is immoral in the Islamic countries ‚ yet "drinking" is not wrong in the other countries . *The objection to theory of ethical relativism : 1 - Some moral standards are found in all societies : it means there are some ethical acts that are immoral in all societies like : Killing 2- Moral differences do not logically imply

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    Ethical Consumerism

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    Ethical Consumerism What is ethical consumerism? Ethical consumerism is the purchasing of products and services produced in a way that minimizes social and environmental damage while avoiding products and services having a negative impact on society or the environment (http://www.scribd.com/doc/19589310/Contract-Law). Ethically made products are those that are produced with the least harm to the environment‚ animals‚ and humans. There are four types of ethical buying. The first one is positive

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    Ethical Decisions

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    Jose Romero Week 1 Ethical Dilemma Ethical Decisions The case between the natural parents and foster parents of the girl who was taken by the court and placed in a foster home due to her natural parents’ drug addiction‚ is absolutely a difficult case that presents ethical dilemmas. Although the girl’s foster parents practically raised the child‚ the court decided to return her to the natural parents. This case poses a critical question; who are the child’s real parents. Most will argue that

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    Ethical Case

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    is unsatisfied with the Richard’s evaluation price‚ he asks Richard to raise the value‚ otherwise they have no business. This situation is difficult for Richard‚ because he wants to satisfy John’s needs‚ but at the same time‚ he can’t ignore the ethical issue to do that. Stakeholders  Richard Romano is a principal of CGR‚ and he is an Accredited Appraiser Canadian Institute (AACI) candidate. Richard has eight years of experience and is recognized as one of Canada’s leading real estate experts

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    Shareholder Theory

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    STAKEHOLDER vs. SHAREHOLDER The central objective of the firm and its managers is making optimal tradeoffs and that of value maximization‚ i.e. maximizing total market value of the firm. There are two theories proposed to achieve the firm’s objective which are the ‘Stakeholder Theory’ and ‘Shareholder Theory’. “Stakeholder Theory” assumes that values are necessarily and explicitly a part of doing business and the manager needs to take into account the interest of all the stakeholders while taking

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    The Alzheimer’s Association is a non-profit organization‚ while Wal-Mart Stores‚ Inc. is a for-profit organization. Even though the two are different entities and‚ each has their own business ethics and morals‚ they are similar in some ways; both have a mission to help people and both have faced challenges since their beginning. In regards to The Alzheimer’s Association‚ the organization was formed on April 10‚ 1980‚ with Jerome H. Stone as founding president. As of today‚ the organization has 11

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    Ethical Behaviour

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    consequence of individual or Organisational characteristics? What would promote ethical behaviour at work? 1. Introduction The aim of this research essay is to discuss on what type of characteristics drive and influence people’s actions ethically at work. Ethics is an important value everyone should have‚ whether at work or in life. In an organisation‚ workplace behaviour ethics should be a core value. Being ethical is essential to fixing problems and improving processes. This is crucial in establishing

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    Ethical Reasoning

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    have a chance to compete for decent jobs‚ housing and so on. This definition still tolerates large discrepancies in the actual distribution of goods‚ but at least it recognizes some form of social obligation to help those most disadvantaged. Other theories of justice focus on outcomes. They insist that the actual distribution of benefits and burdens in society should conform to certain rules. These usually take the form of "to each according to his/her X‚" where X could be merit‚ contribution to society

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    Ethical Perspectives

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    also define the cultural issue within the global organization as well as provide an analysis of the ethical and social responsibility issues that the organization must deal with as a result of being a global organization. The analysis will identify ethical perspectives in the global organization and it will compare these ethical perspectives across cultures involved in the global organization. Ethical Perspectives Paper Due to many strict regulations placed on corporations by the United States

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    Ethical Reasoning

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    Ethical Reasoning In ethical reasoning‚ the Trolley Problem is an excellent example of what most people find to be ethical and unethical. Unfortunately‚ there is really no right answer. However‚ the most common answers to the two Trolley Scenarios are: it is ethical to pull the lever‚ but it is unethical to push the very large person. In the scenario of having to pull the level and kill one person verses killing five people‚ most people’s reaction is to pull the level. This was also my reaction

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