Wal-Mart – Competing in Global markets 1. INTRODUCTION 1.1 Company Profile Wal-Mart is a multinational company. Wal-Mart operates with 69 different names in 27 countries. Wal-Mart serves around 200 million people for a week. 2.2 million Employees work at Wal-Mart. Wal-Mart supplies products and services of several sectors such as retail‚ health‚ electronics and automobiles etc. Main motto of Wal-Mart is to provide the products at a cheaper price than its competitors. 1.2 Products
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The Idea of Mill ’s ethical theory is his Greatest Happiness Principle in that “actions are right in proportion as they tend to promote happiness and they are wrong as they tend to produce the reverse of happiness. Happiness is the intended pleasure and the absence of pain. Unhappiness is the pain and the lack of pleasure. Pleasure and freedom from pain are the only desirable things.” Mill ’s view of happiness is hedonistic‚ which suggests that the only good thing in a person is pleasure and the
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Ethic Theories on Gay Marriage Outline 1. Introduction 2. History of Gay Marriage a. First Gays to sue for right to marry b. 1991 Hawaii ban on Gay Marriage c. Vermont’s Stance on Gay Marriage d. Gay Marriage is the responsibility of the states 3. Utilitarian View e. Best for the Majority f. Who is the Majority 4. Relativism g. Cultural views h. Benefits to gay marriage 5. Which Theory do I fit into 6. Conclusion
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pursuit of self interest‚ or for firms profit maximisation when actions of individuals or firms affect others. There are many notable theories that have been put down trying to form a guideline on how to solve the problem of what is right or wrong good or bad‚ below are three theories I have listed: 1. Utilitarianism Ethical Theory: J. S Mill The view of this theory is among competing alternatives one ought to do that which produces the greatest happiness overall for all concerned. A key aspect in
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Formulas of Universal Law (FUL) and the Formula of Law of Nature (FLN) to four famous examples of maxims contrary to duty‚ in his major works (the Groundwork‚ Metaphysical of Moral and Critique of Practical Reason)‚ supports the thought that Kant’s ethical theory might be understood as a constructivist under the standard model. Wood puts this connection as follows:
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clear. By making this decision and speaking publicly on the topic he was applying the theory of the Judeo-Christian Person as Ends/Agape. This theory says to love your neighbor as you love yourself. The CEO makes it clear that he believes that all of his employees should have equal rights no matter what their sexuality is. This shows that he believes that everyone should be treated as equals. A large part of this theory has to do with love‚ especially human love. The CEO shows his way of thinking has
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Ethical Theories in Business Environment Patriot Rustani Kaplan University Ethical Theories in Business Environment The Energy Corporation is a non-profit organization dedicated to providing to the community. Our organization is made of 400‚000 members as I am a part of the board of directors. One of the directors has asked to address himself as a director of the Energy Corporation to personal potential clients. I have been asked to review this matter. Before giving the rest
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Major Ethical Theories • Utilitarianism • Deontological Ethics • Justice & Fairness • Virtue Ethics Utilitarianism ➢ Study ethical behavior in terms of the result or consequences of ethical decisions ➢ Evaluate decisions whether good or bad in term of impact of the decisions ➢ Decision maker must take broad perceptive concerning who‚ in society‚ might be affected by the decision Weaknesses in Utilitarianism ❖ The distribution
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of Teleological Ethics 1. Utilitarianism – Utilitarian moral theory is classical utilitarianism‚ 2. Varieties of ancient Greek virtue ethics – Aristotle Ethics is an Example a. The goal of ethics is to explain how one achieves the good life for human beings. There are only two basic kinds of prescriptive moral theories: teleological theories‚ deontological theories TELEOLOGICAL ETHICAL THEORIES Teleological moral theories locate moral goodness in the consequences of our behavior and not
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Contemporary ethical theory begins with G. E. Moore (1873–1958). Moore opened up new issues for consideration and altered the focus of ethical discussion. Moore believed that the task of the ethical philosopher is to conduct a “general inquiry into what is good.”This seems reasonably straightforward‚ down to earth‚ and useful. If you know what good or goodness is‚ and if you know what things are good‚ then you also know what proper conduct is‚ right? This‚ at any rate‚ is what Moore maintained
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