Executive Summary In this article‚ Bob Carlton‚ the CEO of an uprising firm OptiMotors faces the music of permitting his sales force to entertain potential business prospects at the strip club. This report investigates the ethical implications of such sales practices and how effective leaders should respond. Introduction The unrelenting business today‚ forces organizations to update and fine tune every aspect of their performance to fight for their share of the market(Quinn‚ 2010‚ p.4). In order
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unethical‚ which goes against the codes of ethics. There are several ethical theories in Western philosophy. Many of them look at the fruits of one’s action – categorized under Consequentialism‚ while other theories uphold one’s right and duty‚ which is Deontology. Consequentialism pertains to cost and benefits. It deals with the results and consequences of performing or not performing an action. For example: If war brings more good (money‚ oil‚ labor) than bad (casualties) then it is ethical. Some consequentialist
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suggested by the Teleological theory of ethics. The analysis is conducted using the “Three-Step Process to Solving Ethical Dilemmas” (Stumpf‚ Lecture 5) and focuses mainly on the four main ethical theories of Consequentialism‚ Rights-Based Approach‚ Deontology‚ and Teleology to arrive upon a solution. Step 1: Diagnosis – What is the problem? The overall ethical dilemma stated earlier can be broken down into two main ethical issues. Firstly‚ one problem lies in the fact that the proposed ad appears
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thesmokinggun.com/graphics/packageart/enron.pdf http://www.theecoa.org/AM/Template.cfm?Section=Professional_Standards Ethics Resource Center http://www.ethics.org/resourves/ethics-glossary.asp Deontology. (n.d.).Dictionary.com Unabridged (v 1.1). Dictionary.com website: http://dictionary.reference.com/browse/deontology National Public Radio. (2009). Fall of Enron. http://www.npr.org/news/specials/enron/ Utilitarianism. (n.d.). Dictionary.com Unabridged (v 1.1). Dictionary.com website: http://dictionary
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Webster’s Collegiate Dictionary defines "ethics" as the "discipline dealing with what is good and bad and with moral duty and obligation‚" "a set of moral principles or value" or "a theory or system of moral values." Ethics assists individuals in deciding when an act is moral or immoral‚ right or wrong. Ethics can be grounded in natural law‚ religious tenets‚ parental and family influence‚ educational experiences‚ life experiences‚ and cultural and societal expectations. Ethics in business‚ or business
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Rights are social‚ ethical‚ or legal principles of entitlement or freedom owed or allowed to individuals based on moral theory‚ social convention‚ or legal systems. Rights are of much significance in various disciplines and methods like ethics‚ law‚ deontology‚ and justice. Rights form fundamental pillars in culture as well as in the society. In addition‚ rights are perceived to structure the contents of the law‚ the form of the government as well as the shape of morality in any given society. Having
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I – Utilitarianism/Consequentialism A – Definition: The greatest good for the greatest number of people; sacrifices are OK B – Justifications: Life is a pre-requisite to ethics Bostrom1 Continuity is as important to our commitment to the project of the future of humanity as it is to our commitment to the projects of our own personal futures. Just as the shape of my whole life‚ and its connection with my present and past‚ have an interest that goes beyond that of any isolated experience
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without legal authority knowing. However‚ problems arise when coming in contact with gambling. Problems that arise with gambling are mostly crimes and lies. A brief discussion on a theory that may resolve conflict on gambling contrasting between Deontology and Virtue Ethics. In addition to the issue at hand to personal experience. Gambling addiction is an uncontrollable urge to gamble. Individuals who are addicted to gambling often find that their need to gamble disrupts their lives. Majority
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On October 12‚ 1998‚ Congress passed the Digital Millennium Copyright Act (DMCA).It Prohibits the "circumvention" of any effective "technological protection measure" (e.g.‚ a password or form of encryption) used by a copyright holder to restrict access to its material. Expressly states that many valuable activities based on the "fair use" doctrine (including reverse engineering‚ security testing‚ and privacy protection and encryption research) will not constitute illegal "anti-circumvention" According
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ETH 501: Business Ethics and Deontology The key ethical utilitarian ethical problem for the supplier/transistor company in this case is the position of hindering medical advancement and possibly ending more lives due to fear caused from the lives lost to that point with the pacemakers. The supplier had to decide whether it would be for the greater good to continue to supply the transistors. “Create all the happiness you are able to create; remove all the misery you are able to remove. Every
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