UNIVERSITY MGT2BET: BUSINESS ETHICS INDIVIDUAL LITERATURE REVIEW: A UTILITARIAN ANALYSIS ON ENVIRONMENTAL DEGRADATION GIULIO SOLFRIZZI ID NUMBER:18046528 A UTILITARIAN ANALYSIS ON ENVIRONMENTAL DEGRADATION Environmental degradation is one of the most debated arguments through the ethic philosophers. Many theories have been advanced to justify and analyse which is the best behaviour humans should maintain in order to fulfil utilitarian doctrine and enhance social
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Q1- Who were the key stakeholders involved in‚ or affected by the collapse of Enron? How and to what degree were they hurt or helped by the actions of Enron management? Ans- The key stakeholders affected by the collapse of Enron were its employees and retirees. Stakeholders and mutual funds investors lost $ 70billion market value. Banks were also affected by the meltdown of the company. They included big banks like J P Morgan Chase and Citigroup. Not only the stakeholder and bondholder lose out
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on the cultivation of virtue‚ though his virtues are somewhat more individualistic than the essentially social virtues of the Confucians. Yet as we shall see‚ Aristotle was convinced that a genuinely happy life required the fulfillment of a broad range of conditions‚ including physical as well as mental well-being. In this way he introduced the idea of a science of happiness in the classical sense‚ in terms of a new field of knowledge. Essentially‚ Aristotle argues that virtue is achieved by maintaining
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CODE OF MEDICAL ETHICS – PMA SECTION Article 1: GENERAL PRINCIPLES Section 1. The primary objective of the practice of medicine is SERVICE TO MANKIND‚ irrespective of race‚ age‚ disease‚ disability‚ gender‚ sexual orientation‚ social standing‚ creed or political affiliation. In medical practice‚ REWARD or FINANCIAL GAIN should be a SUBORDINATED CONSIDERATION. Section 2. On entering the profession‚ a physician assumes the obligation of maintaining the honorable tradition that confers the well-deserved
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Utilitarian and Hedonic Needs How Companies Attract Consumers of Utilitarian and Hedonic Products Melvin Johnson Professor Sersland MKTG 310 December 1‚ 2012 Abstract While it is fair to say we purchase goods because of their functionality and overall usage‚ we can also say we purchase goods simply because they make us feel good. This paper will demonstrate how two different companies use their websites to attract buyers of utilitarian products and hedonic
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Winsett Dr. Frances L. Ayers Accounting 5252-920 27 March 2013 The Fall of Enron: Mini-Case Analysis Summary: Enron was founded in 1985 as a natural gas pipeline company. In the 1990s‚ Enron emerged as one of the leading pioneers in the energy market by building its business around energy trading and international energy-asset construction. Their emergence in the energy-trading sector all started when Enron recognized that they could take advantage their position as the largest interstate
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extent do modern virtue ethics address the weaknesses of Aristotle’s teaching on virtues? (35) Virtue Ethics looks at a person’s good traits‚ known as ‘virtues’ and negative traits‚ known as ‘vices’; a person is considered to be a good person if they are virtuous and a morally bad person if they have developed lots of vices. Deontological and teleological ethicists argue that good or bad behaviour is far more important than a person’s good or bad characteristics whereas Virtue Theory argues
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Ethics Assignment The following paper will discuss the hypothetical research case given to us in problem 3-46 of our auditing textbook. The case depicts us as an audit firm that‚ during the current year’s audit of our client International Bank of Commerce (IBC)‚ has discovered some problems with loans that IBC has issued. First‚ the standards of the AICPA Code of Professional Conduct‚ the ASB auditing standards‚ and the PCAOB auditing standards that apply to this will be identified and discussed
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4.1 Enron Corporation and Anderson‚ LLP ----Analyzing the fall of two Giants This case results in the publishing of Sarbanes-Oxley Act of 2002 and relevant to the Securities and Exchange Commission. Also‚ it is related to SAS 103: Auditing‚ Quality Control‚ and Independence Standards and Rules. [1] What were the business risk Enron faced‚ and how did those risks increase the likelihood if material misstatements in Enron’s financial statements? The business risks Enron faced are as following:
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If people would adhere to virtues the world would be a better place. Living a virtues life means following moral qualities. Not living a virtuous life can lead to: untrustworthiness‚ unfairness and alarm. People can avoid negative experiences by following proper protocol. The world would be a better place if people live by the following virtues sincerity‚ justice and tranquility. Sincerity is a moral quality that people should live by. The virtue sincerity teaches humans to be real and true. People
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