Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Business Management Expert

Assignment

There should only be one initial post all other posts will be replies. Replies to group members should be a minimum 100 words.

Person(1)

1. What value, if any, do you see in business students studying the basics of ethical theory?

Business Ethics is a form of professional ethics that examines ethical principles and moral or ethical problems that arise in a business environment. To grasp this, you must first have an understanding of basic ethics. Basic ethics is moral principles that direct a person's behavior or guides them in an activity. It is very valuable to have an understanding of ethical behaviors and practice them in a business setting. The goal of business is to earn money, but without consumers or customers, the business will not be successful. So it is very important to be ethical in business, we should value the right thing over the dollar.

2. Which normative theory or general approach to ethics do you find the most plausible or attractive, and why?

I agree mostly with the nonconsequentialist approach to ethics. It fits with the type of person I am and strive to be. They weigh moral decision making as well as different considerations very heavily and thoroughly. The nonconsequentialist is all about moral rights, particularly human rights. We are all human; we should all appreciate this viewpoint.

Pearson(2)

1. What value, if any, do you see in business students studying the basics of ethical theory?

Business ethics deals with our moral principles and the values that we hold. Learning about different ethical behaviors and theories can help us learn how to handle ethical situations with other people in business settings. The business world is an atmosphere where people are constantly working with other people who hold different moral principles than them. Learning about other ethical theories and approaches can help someone solve an issue when conflict arises.

2. Which normative theory or general approach to ethics do you find the most plausible or attractive, and why?

I think the teleological general approach is the most reasonable because it relies on if the outcome of the action will be good or bad. Whatever the best outcome is, that's the decision you should go with. Humans are very selfish by nature and I think a lot of us do this without realizing it because we want what's best for ourselves.

Business Management, Management Studies

  • Category:- Business Management
  • Reference No.:- M92180294
  • Price:- $25

Priced at Now at $25, Verified Solution

Have any Question?


Related Questions in Business Management

How can local the local government help prepare employees

How can local the local government help prepare employees for higher level positions in the organization.

Can an object-oriented programming language also be

Can an object-oriented programming language also be procedural? If so, how? Can a procedural programming language be object-oriented? If so, how?

Find and critique on a current article related to project

Find and critique on a current article related to project management planning. Instructions: Source must be scholarly in nature: Outline the issue Why is the article / topic important? What does this article mean to you? ...

Command to check current date and number of lines in

Command to check current date and number of lines in file  exam2.txt , and then save all the outputs to file  exam2_info.txt. ( single line Unix)

Broad environmentdiscuss the effects of the impact of the

Broad Environment. Discuss the effects of the impact of the Millennial generation on Strengths or Opportunities for Businesses. In addition to your discussion, provide an example to illustrate your point.

What other factors impacted the sales other than the

What other factors impacted the sales other than the demographics?

Describe the strengths and weaknesses of knowledge

Describe the strengths and weaknesses of knowledge management systems

Make a function last-char that consumes a nonempty string

Make a function last-char that consumes a nonempty string and produces a string consisting of the last character in the original string.

Database for in-class exercises and practicecreate table

Database for in-class exercises and practice CREATE TABLE JOB ( JOB_CODE CHAR(3) NOT NULL, JOB_DESCRIPTION VARCHAR(25) NOT NULL, JOB_CHG_HOUR DECIMAL(5,2) NOT NULL, JOB_LAST_UPDATE DATE NOT NULL, PRIMARY KEY (JOB_CODE), ...

Project part 1 - prepare and submit 1-2 page statement of

Project Part 1 - Prepare and submit 1-2 page statement of work (SOW) to describe the need to create, design and implement the database that you propose for your project. Check syllabus and review sample SOW available und ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As