"Profit maximization ethical theory" Essays and Research Papers

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    Ethical Theories Notes

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    Consequentialist a.i. An ethical theory that claims that the rightness and wrongness of human action is exclusively a function of the goodness and badness of the consequences resulting directly from that action. b. Deontological b.i. The rightness and wrongness of human actions is not exclusively a function of the goodness and badness of consequences c. Act-Utilitarianism c.i. A person ought to act so as to produce the greatest balance of good over evil‚ everyone considered. (contract w/ ethical egoism  a

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    Virtue Ethical Theory

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    winning the lottery or being lucky‚ but rather from doing‚ and accomplishing. So why do we still see people failing and unhappy around us? If we look at their choices and perhaps their ethical beliefs‚ we start to understand where ethics belongs in the journey of life‚ which leads me to what I am going to discuss‚ virtue theory. I will explain and offer an evaluation of this theory’s strengths and weaknesses‚ as well as what it means to be virtuous. Aristotle believed that there are two types of virtue:

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    Applying an Ethical Theory PHI 208 Jon Stern July 24‚ 2014 Deontology is defined as “the focus on the duties and obligations one has in carrying out actions rather than on the consequences of those actions.” (Mosser‚ 2013). It may actually be harder than it seems to carry out this theory depending on the situation. One situation in particular is euthanasia or assisting someone who chooses to end their life. In this paper‚ I will apply the deontological theory to the issue of euthanasia and discuss

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    Applying an Ethical Theory Amanda Thorn PHI 208 Prof. Emilia Sorensen November 17‚ 2014 The long debated question of the importance of men and women and their roles has raged on for years. Should men and women be treated equally‚ that truly is the question that seems to have more answers than resolution. Applying the question to Deontology and the work of Immanuel Kant‚ the answer would be all people regardless of gender should be treated equally. However‚ these theories do not take

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    Question: Firms often involve themselves in projects that do not result directly in profits‚ for example by sponsorship of sporting events of the opera or other entertainment. Do these projects contradict the goal of maximization of shareholder wealth? Why or why not? Answer: Participating in programs that are socially responsible does not contradict the goal of maximization of shareholder wealth. Having a good reputation from your local community is very important for sustaining a business

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    Virtue Ethical Theory

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    I believe that virtue ethics is the most plausible ethical theory. It is the only theory that requires us to work better ourselves by cultivating virtues instead of giving a law to follow or because we value the outcomes. In addition‚ with today’s society being self-centered it is the theory that has the best chances of being accepted. A virtue is defined as the mean between the extremely good and extremely bad and arriving to that just middle take time‚ dedication‚ and patience. One does not own

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    Law and Ethics essay For the purpose of this assignment I will look at the legal and ethical aspects involved in the following scenario and this will be discussed. I will take into consideration both the deontological and consequentialism theory. Laws relevant to this scenario will be looked at. Scenario To maintain confidentiality the name of the patient has been changed. The patient D is 60 years old male who had kidney cancer he had been admitted to the hospital for further treatment. On

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    Philosophy Ethical Theories

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    whether it took place hundreds of years ago. Stealing is just one of those things which is universally wrong and knows that even if they don’t obey the rules. Strengths Weaknesses . It provides a fixed ethical code to judge actions with . Clear guidelines of behaviour. . Absolutism enables us to have a UN Declaration of human rights . Equality- same rules apply to everyone. . Life contains many situations which people instinctively take an absolutist

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    ETHICAL PRINCIPLES/THEORIES  Situation Ethics o Situation ethics views Pornography as moral if and only if it is used in moderation and with the right mind set of the individual to use it to benefit oneself or others in a good way.  A married couple who are unable to show their love to each other can use a type of pornography called “cybersex” to help them cope up with the loneliness of being away from their loved one. o But if an individual indulges his/herself into pornography to harm

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    Jewish Ethical Theory

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    Explain a theory of religious ethics An example of a theory of religious ethics is Jewish ethics. Judaism is a deontological theory as we have laws‚ and it is our duty to fulfil them. The main aspect of Jewish ethics is that it is monotheistic‚ meaning there is one G-d with one moral system for all Jews to follow. Thus‚ Judaism is heteronomous as the laws are G-d given. Judaism is a monotheistic religion‚ meaning there is one G-d with one moral system in which we must all abide by. This is evident

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