Abstract In this essay, one will be educated on the four ethical theories discussed in “Business Law: the Ethical, Global, and E-Commerce Environments”. According to the text, these theories include the rights theory, justice theory, utilitarianism, and profit maximization (2013). Not only does appreciation for these fundamental theories exist, but criticisms of each theory are also present. As they are theories, they can neither be considered accurate or inaccurate; therefore
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1. Shaw and Barry distinguish two forms of utilitarianism. What are these two forms? Briefly describe each and use examples. There are two types of utilitarianism, act utilitarianism and rule utilitarianism. Act utilitarianism is a theory which states an act is morally right if it benefits the greatest number of people; this theory is based on the act itself and accounts for the happiness (benefit) of the majority (even if others are disadvantaged). Rule utilitarianism bases morality on a rule
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acceptance in favor of legalization is rapidly spreading. This paper will discuss three different scenarios where marijuana usage in states and the federal government’s stance are in conflict, through the lens of retributive, commutative and distributive justice. The first scenario that will be analyzed is a person who lives in a state that legalized medical marijuana growth, distribution and use in small quantities. To shed some light on this scenario a real world scenario will be described and analyzed
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The electoral system in United Kingdom The electoral system in United Kingdom After the examination of Canadian national institution, it has been nominated that a few reforms are intensely needed in the Canadian institutions for the due management of the regional and the inter-governmental issues (Loiacono, 2010). The three suggested reforms are the reforms in the Supreme Courts, the reforms in the senate, the reforms in the House of Commons Supreme Court The need for the reform is elevated
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Ethics and Compliance Wal-Mart is a company that has been in business for many years and seems to be going strong. Ethics can play a big role in how a company does and if they will survive through the years. We will be looking at just what the role of ethics and compliance is in the financial environment of Wal-Mart. There are procedures that are in place at Wal-Mart that help to ensure that the employees are behaving in an ethical manner. In this paper we will calculate the ratios for
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Terrance Bennett Professor Kordas Business ethics June 20, 2015 Long Essay When comparing normative moral philosophies Utilitarian and Kantian ethics provide prospective on controversial policies such as mandatory arbitration and caps on damages. Utilitarian and Kantian philosophies both have their own unique principals that guide them on making ethical decisions. Cap on damages and mandatory arbitration have many aspects that can be looked at from moral philosophes to be deemed ethical or unethical
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DQ1. Why might legal rules be insufficient for fulfilling one's ethical responsibilities? Provide an example of a situation where a business person has done something legally right but ethically wrong. Business in general as a manager doing a legal or lawful act has put me at some point in odds, with my employees, what has happened is when the workforce comes in late or even, falls short of their job expectations. As a manager we must document them this is legally right, but can be ethically
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Earlier today the US Army issued a statement via a press conference notifying the public that rescued Soldier SGT Bowe Bergdahl is being charged under the Armed Forces Uniformed Code of Military Justice. SGT Bergdahl was charged with 1 count of Article 85 which is desertion with intent to sherk important or hazardous duty and 1 count of Article 99, misbehavior before the enemy by endangering the safety of a command, unit or place. The Article 85 charge carries a maximum punishment of a dishonorable
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A Utilitarian's Moral Solution Student’s Name Institutional Affiliation A Utilitarian's Moral Solution Utilitarianism holds that the morally right course of action in a situation is that action that produces the highest balance of benefits over harms for the affected people. In this case, we are looking for the cause of action that produces the maximum benefit for everyone (Sheng, 1991). Available Causes of Action There are two causes of action available in this case. The first one is avoiding
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ethical components and are considered either valid or invalid. Since our legal system was created by the wealthy they essentially do have opposing ethical views. The conflicting viewpoints exist in the legal system because the laws strip freedom and justice from one person in order to provide it to another. This implies that unethical laws are present giving power to more and limiting it to some. The legal system consists of laws that prohibit ethical actions but promotes unethical actions. For example
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