Utilitarianism and cost-benefit analysis are indispensable tools, in the situations where people have to make decisions. In a free society, individuals, or voluntary associations of individuals (whether corporations, nonprofits, households, or informal gatherings) often need to make decisions. Looking at the costs and benefits of individual decisions is important. The important thing to note here is, though, that different decision-makers may assign different costs and benefits to the same things, and
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practices and hold their employee’s to the same standard. By holding them to the same standard, will maintain the climate that the policies and procedures were implemented to do. Personal Differences and Preference Can Impact Organizational Ethics From the stakeholders to the customer, high moral standards greatly rely on employees honor and integrity in order for businesses to be successful. These values are used during everyday operations for decision-making processes (Encyclopedia, 2011). There
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businesses are different, they share one thing, greed. To give a greater understanding of corrupt corporate cultures and how easy it is to buy into those lies. Whether its energy, university enrollment, piano/organ chain, or national wallpaper company; unethical, immoral behavior is possible. Executive Team Corruption Ken Lay became the CEO of the newly formed Enron after the merger between Houston Natural Gas (HNG) and InterNorth in 1986. Lay hired Jeffery Skilling, a consultant with McKinsey & Co
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Ford Pinto: A Study of Ethics In the 1960s Ford Motor Company, under pressure from stakeholders and the pressures involved in competing with the foreign vehicle market set out to manufacture a vehicle that was smaller, lighter and less expensive than the competition’s product. This vehicle was designed and moved into production within 2 years, much quicker than the 3 ½ year company norm and is still the shortest vehicle production planning schedule in history. The result: The Ford Pinto. While
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Syphilis Study (Biber 83). This study involved the inspection of untreated latent syphilis cases in human subjects and tried to find out the natural course of the disease. The sample for this study consisted of three hundred and ninety nine black males from Tuskegee, Alabama with late-stage syphilis and two hundred and one non-infected males. Along the years research has been undertaken without the consent of the subjects. The Weber State University website indicates their involvement in the
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discussed. First, what is an oxymoron? It can be explained as the bringing together of two apparently contradictory concepts such as 'a great defeat' or 'humiliating honor'. From this topic, it is saying that sales ethics is an oxymoron which indicates that there is no ethic in sales. It is suggesting that sales are in some degree unethical. For example, it may believe that ales or business is integrally harmful. Or we can say it is at best amoral and it is beyond the normal moral considerations. In order
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Characteristics of a Whistleblower Generally a whistleblower is a person who is currently or was formerly employed by a company and he or she believes that the company has or is participating in practices of unlawful, deceitful, or unethical behavior in order to benefit, usually in the form of monetary gains. Whistleblowers are usually well educated individuals, often in the position of a senior or leadership role. They are generally driven by their moral and ethical belief that they have a duty
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variables considered by individuals facing ethical dilemmas. The process described in the model is drawn from Janis and Mann’s [1977, Decision Making: A Psychological Analysis of Conflict Choice and Commitment (The Free Press, New York)] work describing the decision process in an environment of conflict, choice and commitment. The model is enhanced by the inclusion of content variables derived from the ethics literature. The resulting integrated model aids in understanding the complexity of the decision
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[pic] Benefits of Critical Thinking If we did more critical thinking we would be inclined to be more honest with ourselves and to admit what we don't know. We would be less afraid to say "I was wrong" and be able to learn from our mistakes. Our beliefs would really be our own, not simply passed on to us by others. We would be less easily manipulated and think more independently. Critical thinking would help us develop the ability to imaginatively put ourselves in the place of others and understand
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experienced a stock depreciation of more than 50%, from $28 per share down to $11 per share. The company has decided to make major changes in order to compete with other providers and begin to see profits. Some of these changes are being challenged by the union representative, as the union members are unhappy about the recent compromise to give up major benefits, and now they are facing layoffs. The decisions that Global Communications is making are seen as unethical, but something has to be done so the company
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