red ink as client’s recommendation. * The outside computer firm to send new printouts with the revised numbers. (B) What are the ethical issues? * Greg wants to rewrite the report accordingly to the client and presents the false data. (C) Offer your opinion on what actions should be taken? * Greg should stick with his moral and ethical values and do not change the data. * If he changes the data, it will affect the well-known, highly respected, very successful supplier
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Is stock option backdating ethically defensible? Background Stock options are widely used to supplement the amount of non-performance-based cash compensation for executives and CEOs. Furthermore, Bishara & Schipani state that stock options, “have long been touted as a way to align the interests of the executive with the shareholder…”(2008, p. 13) and thus provide, “greater incentives for executives to improve firm performance.” (Raiborn et al. 2007, p.1) However, due to the transactional
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topic to relativism is found since controversy immediately breaks outs when the question of moral and cultural respect interferes with relativism. As we have seen in the previous cessions, everything is relative and especially when we are talking about respect. Since ages, many conflicts were emerging from divergent points of view, unaccepted practices of other’s cultures and disagreements on certain ethical beliefs. And since they are already two or more points of views in a conflict, relativism could
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Individual Ethical Decision-Making Analysis James Waylon Jahns Facilitator Howard Introduction to Philosophy December 23, 2012 Individual Ethical Decision-Making Analysis Introduction Throughout my lifetime I have dealt with everything from priests to murderers, I have witnessed preachers with no morals and thieves with moral rules. I have made good decisions and bad decisions, however, every decision I made was made with good intentions. Ethical theories vary as to causation and intent;
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different ethical perspectives in business 6 Explain the background and development of theoretical ethical approaches 6 Four mains ethical traditions 6 Compare and contrast absolute and relative ethics 7 Aspect of ethical issues 9 Explain the ethical issues which can affect the operational activities of a business 9 Current ethical issues affecting business 10 Solutions 10 Understand business objectives from an ethical perspective 11 Explain how business objectives are affected by ethical considerations
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CJ Business environment has a big impact on people’s lives and not just theirs but their families as well. Nobody really knows what is going on in the other person live, so I believe that we have to have morals and it really don’t matter what you do for a living. The business environment can be so stressful and can cause a lot of damage with immoral acts. The company as a whole has to make sure that everything and everyone are using morals in the environment. In a business
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having genuine love for one another and not moral rules. There are no strict rules of ethics; the rules depend on the situation. If a situation is better to break a rule than follow it then it gets broken, whatever’s best for the situation. The ethical relativism is believed with no moral ethics or rules and what’s best for the situation. The belief is there are no one set of morals better than another. The hedonism is guided by pleasure and not morals. This ethic is doing what feels right with no
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and behavior. Business ethics investigates three kinds of issues : * Systemic issues in business ethics are ethical questions raised about the economic, political, legal, and other institutions within which business operate. * Corporate issues in business ethics are ethical questions raised about a particular organization. * Individual issues in business ethics are ethical questions raised about a particular individual or particular individuals within a company and their behaviors and
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rules of action that should generally be adhered to, but may be overridden by another moral principal in cases of moral conflict. Allows for some mercy in the place of a tad of justice. Moral nihilism, subjectivism and relativism are no objectivist. Moral nihilism is the meta-ethical view that nothing is moral or immoral, nothing is inherently right or wrong. It is the stance that there is nothing indicating that we ought to do any particular thing over another in any non-instrumental or non-conditional
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Ethics and Relativism Our text discusses the challenge relativism presents to various ethical and religious viewpoints. Consider a specific moral question which might make it difficult to accept the relativist's response. A relativist’s believes that a practice that a culture adopts and practices and believes to be right determines their course of action. For example if one church practices to donate 10% of all their monetary earnings to the leader of that church and another church practices
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