he controversies regarding the moral responsibilities and ethical considerations in the decision making process are the inherent challenges that must be understood in the wider perspectives of business’ vision and mission. The paper would thus, be discussing the most crucial aspects of an ethical business.
Consequentialist ethics is defined as the acts or behavior that is determined by the consequences of that act or behavior which generally must be beneficial in content. ‘The principle of utility states that an action is right if it produces the greatest balance of pleasure or happiness and unhappiness in light of alternative actions’ (reading 1, p 3). Popularized as act utilitarian theory, the actions, that are designed to benefit or have beneficial cascading effects on others, are morally and ethically right.
Benthams theory is important because it promotes morally correct ethical actions that are designed to maximize happiness for maximum people. According to Act Utilitarian of Jeremy Bentham, an action that results in the happiness of one and all is a good act. Bentham and other utilitarians like Mills found it a revolutionary theory because it reflected ‘human motivation… and it had dear application to political and social problems of their time’ (Reading 1, p 4). In the contemporary times, it becomes highly difficult because of the diverse ideologies and differing value system to satisfy large populace. Indeed, it is one of the crucial compulsions of the globalization that people should strive towards common goals of universal values.
Emmanuel Kant believed that the principle of ‘categorical imperative’ can govern all human beings and can be broadly defined as Rules of Universality and Rules of Respect (Reading 1, p 7). The first one makes says that people at all time must act appropriately and the second rules promotes the value of respect and says that well being al all individuals is important and therefore, one should not use others
The general ethics can be broadly defined as the value system and code of conduct that form the basis of mutual interaction amongst the people in a society. Though some of these values evolve to embrace the changing times and others may interpret it differently under different…
General Electric (GE) is an established company in the field of services, technology, and manufacturing. The company operates in more than 100 countries and has 313,000 employees worldwide. The company owes its origin to the inventions of Thomas A. Edison. Edison established Edison Electric Light Company in the year 1878.
What are the ethical responsibilities of American consumers? How do our choices affect international workers, national banks and the planet which we all share?
Historically, American political leaders have defined the rights of slaves, industrial workers and undocumented laborers, always looking to balance economic growth with human dignity.
Now it is up to these organizations how well they enact measures and campaigns to sell their products and services to the end customers. It would be incorrect to state that all advertising is unethical, yet there are more chances that advertising will fox the people rather than being forthright in its dealings.
The research paper in this accord endeavours to understand the level of ethical practices enabled in the business organisation to help achieve both business and social ends. The company is found to largely encourage the practice of business ethics to help create a motivated environment for the workers to better perform.
There are various reasons on an organizational and management perspective, as to why they oppose such seemingly healthy initiative. Managers argue that business ethics programs can cost money to the organizations; as more business-focused companies tend to gain sales with more attention towards performance.
Initially, SUVs were built on light truck platforms unlike currently when they are built on car platforms with no separate frame. In this paper we are looking at ethical argument on SUVS critically discussing the importance and disadvantage hence finally giving recommendations on sport utility vehicle.
2011 when it filed for chapter 11 bankruptcy, 24 calendar months after receiving half a billion dollars loan grant from the US energy department & an additional $25.1 million revenue enhancement break from Californias Alternative Energy Advance Transportation Authority
When such situations arise, many people are confused and challenged with ethical considerations, as they are not sure how to manage this situation. It might be useful to apply ethical theories and perspectives to the case of whistleblowing in business in order to
8 pages (2000 words)Term Paper
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