Reading 1.3 Jackall, R. (1988), Chapter 4, “Looking up and looking around”, in Moral Mazes, Oxford University Press, NY Abstract The heart of managerial system is the skills in making decision. The routine decisions are the main areas of managerial decision making. In bureaucratic setting, which is functional rationality, the managers are expected to follow the policy rather than create a new way of solving problem. Many managerial decisions usually base on procedure; however, if unusual problem
Words: 2400 - Pages: 10
CHAPTER 1: THE IMPORTANCE OF BUSINESS ETHICS Ethics- Inquiry into the nature and grounds of morality where the term of morality is taken to mean moral judgments, standards and rules of conduct. The American Heritage Dictionary- Ethics- The study of the general nature of morals and of specific moral choices, moral philosophy, and the rules or standards governing the conducts of the members of a profession. Applying Ethics to business: 1.To survive, business must earn a profit 2. Business
Words: 7314 - Pages: 30
Ethics & Gambling Matthew J. Nagle Sociology 120 Kathleen Marker 5/14/2013 The extent of gambling in our state has just exploded with all the casinos that are erected and functional across Pennsylvania. I can go to about six casinos with the closest being approx. three miles to an estimated sixty miles and that is just in the eastern part of the state. “Gambling has been a part of human culture since history was first recorded. It involves three elements: consideration, chance,
Words: 3204 - Pages: 13
Running head: COCA-COLA ETHICAL ANALYSIS Coca-Cola Ethical Analysis Coca-Cola Coca-Cola is a reputable company that has been a recognizable brand in the United States since it’s creation in the late 1800s. Rapidly expanding in the international market, Coca-Cola has proven to their competitors they are innovative, forward-thinking, and here to stay. After the untimely death of CEO, Roberto Goizueta, Coca-Cola has experienced various ethical dilemmas. These ethical dilemmas
Words: 3078 - Pages: 13
goals explicitly set. The mere achievement of these goals is a necessary and sufficient condition to qualify as moral people’s actions or deeds without taking into account the “intermediate stages” of the actions performed to achieve those goals. Deontology, as a general horizon of articulating the ethical theories, believes on the contrary that in every moment of our existence, every action or deed that we accomplish can be described as moral or non-moral according to the ethical principles underlying
Words: 9099 - Pages: 37
Aristotle Philosophy Shalonda Floyd Ethical Issues in Business and Accounting Professor Gates February 12, 2013 In this paper, I am going to discuss the philosopher Aristotle. This paper will discuss how Aristotle perspective of distributive justice is applicable to ethics. Also, I will discuss Aristotle’s Nichomachean Ethics philosophy, why it is valuable and how it potentially connects to accounting and business. There have been many excellent philosophers and thinkers through past
Words: 1521 - Pages: 7
A stakeholder is a person, group or organization that has interest or concern in an organization. Some of the characteristics that might be common to all stakeholders is they stand to gain or lose through the success or failure of the company; they are affected by the output of the company; or the company may be otherwise accountable to this stakeholder. PharmaCARE has several stakeholders that will continue to watch their progress in Colberia. The primary stakeholders are its shareholders/stockholders
Words: 1613 - Pages: 7
Business Ethics and Virtue Ethics Virtue ethics is “a broad term for theories that emphasize the role of character and virtue in moral philosophy rather than either doing one’s duty or acting in order to bring about good consequences” (Athanassoulis, 2010). Virtue ethics are certain principles, such as merit or loyalty in which we should make every effort to consent to the full development in our organizations; these ideals are a reflection of what we ultimately have the potential to become
Words: 1544 - Pages: 7
Assignment 3: Legal and Ethical Considerations in Marketing, Product Safety, and Intellectual Property Kemal Cankaya Strayer University Law, Ethics, and Corporate Governance Prof. Augustine S Weekly December 15, 2013 1. Research three to five (3-5) ethical issues relating to marketing and advertising, intellectual property, and regulation of product safety. With the globalization in world economy, business ethics became indispensable neces- sity for
Words: 2291 - Pages: 10
The Pro and Cons of Legalizing Marijuana Genaro Esparza SOC 120 Jenna Soard May 1, 2011 The Pros and Cons of Legalizing Marijuana In 2010 an estimated 443,000 people died prematurely from smoking tobacco or exposure to secondhand smoke, and another 8.6 million live with a serious illness caused by smoking. Despite these risks, approximately 46.6 million U.S. adults smoke cigarettes. Alcohol use last year led to 14,406 alcoholic liver disease deaths and 23,199 other alcohol related
Words: 2860 - Pages: 12