Business Ethic Essay

Business Ethic Essay Essay example
Undergraduate
Essay
Philosophy
Pages 3 (753 words)
Download 0
Name: Instructor: Course: Date: Business Ethics The Chevron/Texaco case clearly shows ignorance or moral ethics in business. This paper focuses on the environmental rights, moral duties related to developing national and the right of national sovereignty. The oil mining company extracted oil and dumped the toxic waste irresponsibly…

Introduction

This means that the government protected the company because they were still dumping their waste irresponsibly. In return for their silence, the country would enjoy economic growth. Multinational companies have an upper hand on governments in developing nations. The developing nations have the need to grow. They need the large multinationals to stimulate economic growth. This country is rich in oil, a valuable resource. The multinational company dictated the terms of operation in that country. The government agreed to these terms at the expense of the citizens.(Oman 78) This shows weakness in the government. The politicians are more driven by short horizon policies that achieve economic growth and are blind to the long run impact on citizens and the economy. The agreement was made between the company and the politicians. Most politicians do not have the relevant skills to make such decisions as oil exploration. Multinationals take advantage of the illiteracy levels in developing nations to get ahead in business. They are, after all, large private companies whose priority is to make profits. In achieving this objective, it created employment for the locals. Increased income of the local employees improved their loving standards. The host country GDP improved as a result of the Chevron operations. These are the benefits that the previous government sought to achieve. ...
Download paper
Not exactly what you need?

Related papers

Business Ethic Essay
To what limit do the liberties of the bank stretch over developing nations? Chad is a poor oil-rich nation that has had its share of internal conflicts. Political instability and leadership battles have characterized this North African country. Corruption has also taken toll on the events in this country, and this is evidenced by the award of tenders and contracts to various corporations. The…
The Judeo-Christian Ethic is Ruining Our Environment
Another part of the damaging equation lies in the Christian belief that we are to go forth and multiply, therefore there is ban on contraceptives instituted by the Catholic church. This is another part of the Judeo-Christian belief that is damaging to our environment, and this belief is perhaps most damaging at all. This essay will examine the man-made causes of global warming, and the effects of…
Biocentric Egalitarianism and Land Ethic
Biocentric egalitarianism advocates for the respect of non-human beings based on moral principles and values. These views reflect similar arguments that humans depend on nature to survive and thus the earth would be a better place without humans (Jonge 23). However, a critical analysis suggests that the moral duty to respect nature can conflict other moral duties. Kantian Moral Philosophy One…
Business Ethic: Many ethicists believe that employees ought to be loyal to their employers (and vice versa). Using the ethical t
Similarly, employees who are loyal towards employers believe that their employers are loyal towards them as well. Furthermore, these employees seek that their employers are generous and understanding as well as display harmonious behaviors (Fahlbeck 297-319). THESIS STATEMENT This essay intends to explore and explain the three ethical theories i.e. egoism, utilitarianism and deontology for…
The ethic of equal opportunity
The concessions came into vogue in the 1960s and 1970s. Preferential treatment programs to the above categories of the American population is not a concession, they are entitled for it. It is a petty societal gesture for the centuries of subjugation, physical violence and mental torture, destruction of the native culture and all sorts of negativities practiced against them especially on the…
Leapolds Land Ethic
Overview of Leopold’s land ethics Leopold states that it is imperative to incorporate human beings and non human factors of the ecosystem when developing ethical standards. As such, the collectivity of human and non human elements of the ecosystem is referred to as land. The ethics developed as a result of the human and non human collectivity within the ecosystem is referred to as land ethics.…
Gandhi's ethic of nonviolent civil disobedience
The Holocaust and more recently, the attacks on the World Trade Center may be considered as examples of an unfortunate inversion of sacred beliefs and moralities, that led to the attempted annihilation of two distinct groups of people and their cultures. In the first instance, it was the Jews, who were the target, and in the second it was the American people. The responsibility for these two…