Ethics Extra Credit Case Study

2. Various ethical decision-making models have been developed to assist in sound ethical decision making. Ethical decision making involves consideration of the three aspects of moral theory namely fundamental principles and rules or rights and duties; means, methods and the role of the agent; and ends or consequences. Required:Discuss two (2) of the three aspects of moral theory identified.

Ethical codes are foundational frameworks that guide individuals or groups in making moral decisions and conducting themselves in a manner that aligns with values such as honesty, integrity, fairness, and respect for others. These codes serve as compasses in navigating complex situations where ethical dilemmas may arise, providing a set of principles to uphold in both personal and professional contexts. They often encompass a wide range of considerations, including responsibilities to clients or customers, colleagues, the organization, and society at large. For instance, in professions such as medicine or law, ethical codes outline obligations to prioritize the well-being of patients or clients, maintain confidentiality, and avoid conflicts of interest. In business, ethical codes may emphasize transparency, environmental sustainability, and adherence to laws and regulations. However, ethical codes are not static; they evolve over time to reflect changing societal norms, advancements in…

Explain the rule of viability when making ethical decisions.

What moral issues does the Pinto case raise? Suppose Ford officials were asked to justify their decision. What moral principles do you think they would invoke? Assess Ford’s handling of the Pinto from the perspective of each of the moral theories discussed in this chapter. Utilitarians would say that jeopardizing motorists does not by itself make Ford’s action morally objectionable. The only morally relevant matter is whether Ford gave equal consideration to the interests of each affected party. Do you think Ford did this?

Some restaurants offer a 10% discount on the payment of bills in cash because they do not have to pay the tax then. Assuming both customers and restaurants are comfortable with such a situation. Do such practices should be permitted or restricted? Explain the reasons and perform an ethical analysis of such situations using at least 2 workable ethical theories. Indicate at least one ethical theory that makes this situation ethical for both parties.

Business ethics is a vital aspect of corporate governance, encompassing principles and values that guide organizations in making morally sound decisions. It involves considering the impact of business activities on various stakeholders, including customers, employees, shareholders, and the broader community. Ethical business practices go beyond mere compliance with laws and regulations; they reflect a commitment to honesty, integrity, transparency, and fairness. Companies with strong ethical foundations often enjoy long-term success, as they build trust and credibility among stakeholders. Additionally, ethical behavior fosters a positive corporate culture and contributes to sustainable business practices. In today's dynamic and interconnected global business environment, the importance of business ethics cannot be overstated.   Question: How can businesses effectively integrate ethical considerations into their decision-making processes, ensuring that ethical values are not just stated…

In business, an ethical issue is identifiable problem, situation, or opportunity that requires a person to choose from among several actions that may be evaluated as ethical or unethical. Such a choice often involves weighing monetary profit against what a person considers appropriate conduct. The best way to judge the ethics of a decision is to look at a situation from a customer or competitor’s viewpoint. As a professional ethics consultant, you are required to discuss in detail, ethical issues in business in the context of their relation to conflicts of interest, fairness and honesty, communications, and business associations.

Do you believe that the Papa John's CEO's behavior was ethical or unethical? Why? Should the public have taken more of a stance against his actions? If so, what action(s) could the public have taken? If not, give reasons why the public should not involve itself in such situations. Should the government have taken any action in this situation, given that the CEO was making a point against legislation it had introduced? If so, explain the action that you believe

Ethical codes serve as the moral compass guiding individuals and organizations in navigating the complexities of ethical decision-making. These codes are rooted in fundamental principles such as integrity, honesty, fairness, and respect for others. They provide a framework for behavior and decision-making, ensuring that actions align with ethical values and principles. In professional settings, ethical codes outline the responsibilities and obligations of individuals towards clients. colleagues, employers, and society at large. For example, in healthcare, etifical codes dictate the duty of healthcare professionals to prioritize patient well-being, maintain confidentiality, and uphold the highest standards of care. Similarly, in business, ethical codes emphasize integrity in dealings with clients, suppliers, and competitors, as well as social responsibility and environmental sustainability. Ethical codes are not merely abstract guidelines; they are practical tools that help individuals…

The Vale Mining Company Dam Collapse... 2. What ethical safeguards were present at Vale at the time of the dam collapse? Why did they not prevent the dam collapse?

Becky Fenton has 25/60/10 automobile insurance coverage. If two other people are awarded $33,000 each for injuries in an auto accident in which Becky was judged at fault, how much of this judgment would the insurance cover?

Using the 1985 Chicago Bears’ walk-through forfeiture model, how would you explain each stage in Tuckman's forfeiture model as it occurred for the Bears?

Hello! In the case study you referenced, John is trying to sell his bike, and Emily is willing to buy it. John put up a $2,000 advertisement on the internet. When Emily reached out to him with an offer of $1,600 for the bike, John responded with a bid of $1,800. John chose to sell the bike to Michael instead after receiving a higher offer of $2,200 from another person. Emily believes she had a legitimate contract with John and was informed later. To analyze this situation, one must look at the rules of offer and acceptance. John's advertisement in this case appears to be an invitation to treat, as it solicits offers from prospective buyers. Explanation: John countered with a new offer of $1,800, which can be seen as a rejection of Emily's first offer of $1,600, which Emily had made. This can be seen as Emily accepting John's invitation. please indentify the relevant issue? Explanation of the appropriate regulatory and governance frameworks? Analysis of the frameworks to the particular…

Describe some virtues of the ethical codes of conduct adopted by professional societies such as the ACM and IEEE-CS, and list some shortcomings of these professional codes as well. In the final analysis, do the advantages of having a code outweigh the prospects of not having one? Use either an actual or a hypothetical case to establish the main points in your answer. Once you have assessed the individual strengths and weaknesses of professional codes, determine whether the overall benefits of having professional codes outweighs the disadvantages of not having them. Apply your conclusion to the following case: SCENARIO: Shutting Down the Original Napster Web Site Napster, a very popular site for sharing music online in the late 1990s, was founded by Shawn Fanning while he was a student at North Eastern University. Napster’s users were able to exchange copyrighted music files, in MP3 format, with one another. In December 1999, the Recording Industry Association of America (RIAA) sued the…

Clear Field Cheese Company Case Andy Reisinger, CIO, and Sandy Knight, CSCO, of the Clearfield Cheese Company in central Pennsylvania had just returned from a meeting with Tom Powers, who was the CEO of the company. Andy and Sandy were both feeling the pressure of the competitive problems that Tom had presented in their weekly senior staff meeting. It was clear that Clearfield Cheese Company faced challenging market conditions. Background Clearfield Cheese Company was established in 1931 by two brothers, Ted and Terry Edwards, in Clearfield, which is located in an agricultural area in central Pennsylvania. At the time, the U.S. economy was in the throes of a severe economic depression. The local dairy farmers were experiencing financial duress because they could not sell their milk at a price which would cover their costs. Part of the problem was transporting the milk to Pittsburgh and other larger cities at a landed cost that was competitive with farmers in Ohio. The Edwards brothers…

Is the action legal?” “Does the action comply with your company’s policies and guidelines?” In this case, it may be personal guidelines. Explain why it does or does not. “Who will be affected by your decision and how?” Identify at least two types of stakeholders. “Does the action comply with the company values?” In this case, it may be personal values. Explain why it does or does not. “How will you feel after the decision is known?”

Redlining refers to the governmental practice whereby all of the above lines drawn on the map outlining the "best" neighborhoods were highlighted in blue or green, while undesirable neighborhoods were outlined in red lines on the map provided the foundation of discrimination that shaped housing policies we can still see today mortgage lenders were encouraged by the government to withhold credit from "undesirable" popluations O lines were drawn on a map surrounding certain socioeconomic classes

The central issues in The Insanity Defense revolve around the criminal justice professional's ability to determine what tests are used in the varied insanity defenses, based on individual judgment and experience. Explain your choices in this scenario by addressing the following question. What do you think are the key elements to consider when a decision has to be made regarding the criminal responsibility of a defendant? What do you believe must be shown to demonstrate legal insanity, and why?

Scenario  B (Australian Taxation Law): – Taxpayers at retirement age Inder Muller, aged 58, recently retired from his employment as chief accountant of Moon Light Pty Ltd, after 17 years and 4 months of service. Inder’s wife Belinda, aged 59, is currently running a small newsagency. Inder and Belinda visited you to seek advice on various retirement planning options specified below. Inder and Belinda both are covered by private health insurance. 2) Regarding Inder’s Termination payment & Superannuation Inder currently has superannuation valued at $582,000 with the Suncorp (complying Super fund). The total amount includes the following elements; > Tax free component $25,000 > Element untaxed in the fund $207,000 > Element taxed in the fund $350,000LAW6001 Required Advise Inder what would be the tax consequences of withdrawing his super prior to his retirement age, including all options available to him.

2.   At which level do philosophical analysis and reflection take place? Why is that level higher than the other levels? 3.   Distinguish bribery from extortion, from what are called “facilitating payments,” and from tipping. Carry out a rule utilitarian analysis of these three practices.  4.   When moral rights clash, how does one decide between them?

1. Explain business ethics and what are the systematic, corporate and individual ethical issues? 2. Kohlberg's views on moral development shows that person learns moral norms at every stage of their development. Explain it 3. What is moral reasoning and define with steps leading to ethical behavior? 4. What are the components of moral responsibility? Explain with suitable examples

Do you agree or disagree with the discussion below? What is your reaction? Any additional thought? Goodward, a newly hired newspaper reporter for The Cape Cod News, learned that the local cranberry growers had made an agreement under which they pooled their cranberry crops each year and sold them at what they determined to be a fair price. Goodward believes that such an agreement is in restraint of trade and a violation of the antitrust laws. Is he correct? I would say yes, and this is because according to Twomey the antitrust law will step in when competitors create a barrier to market entry or collude on prices or production to control prices.  Antitrust It is designed to prevent unfair practices that reduce competition, such as price fixing. These laws are crucial for maintaining a competitive marketplace and protecting consumers from unfair pricing.  Since the local cranberry growers had made an agreement under which they pooled their cranberry crops each year and sold them at…

Most of the ethical prescriptions of normative moral philosophy tend to fall into one of the following three categories: deontology, consequentialism, and virtue ethics. These categories in turn put an emphasis on different normative standards for judging what constitutes right and wrong actions. Moral psychologists and behavioral economists such as Jonathan Haidt and Dan Ariely take a different approach: focusing not on some normative ethical framework for moral judgment, but rather on the psychological foundations of moral intuition and on the limitations that our human frailty places on real-world honesty, decency, and ethical commitments. In this context, write on what you see as the most important differences between the traditional normative philosophical approaches and the more recent empirical approach of moral psychology when it comes to ethics. As part of your answer also make sure that you discuss the implications of these differences.

1. Explain Value Analysis in business ethics, in 2 pages.

What safeguards should be put in place to prevent a similar event like that of Judge Richard Baumgartner's situation?

Respond the the following in 100 words? Part 1: This list seems to include all the good ethical policies that companies should follow to make moral decisions. While I cannot think of any philosophical takes that would add to the list it is essential to learn and understand these philosophies here in the MBA program as understanding these moral questions means we will be more aware when we are out working in our careers and can have enough skill to make the right ethical decision by growing our "moral muscle" (Brokerhof et al., 2023). Additionally, while the business ethics movement from the 80s had people not engaging in the movement the newest generations are being taught about ethics and this generation will show those that were unwilling to change their ways that making ethical decisions is the best thing they can do for their company (De George, 2006). Part 2: I think this is important as most companies intend to make their money in legit and ethical ways, but some people want to…

1.A retired businessman who owned a track of land was approached by a real estate agent, who is interested to buy his land. The purchase price offered by the agent was above the prevailing fair market value (FMV). The agent wants to develop the land into a commercial area and sell it to the public. The agent discussed the terms and conditions of the deed of sale in detail to the businessman, and the businessman agreed to the deal. Last year, the businessman was diagnosed of dementia by his family doctor, and the agent though was aware of it.  Was a contract of sale formed? If yes, is it enforceable? Please state your reasons.  2. Jacky invited her friend, Lourdes, to her house. Lourdes has a beautiful sport car and Jacky is interested and offered to purchase it at a prevail market price or FMV, but Lourdes rejected her offer. Jacky offered Lourdes a bottled of vodka. When Lourdes consumed so much of it, she feels dizziness. Jacky took advantage and offered again to purchase her sport…

Jus in Bello stipulates that you cannot ethically wage war if there is no chance of winning. Is that agreeable?

You are an assistant to the attorney for Black Acre Holdings Company. discuss the legal issues and predicting the likely outcome of the case below:   For several months, the Black Acre Holdings Company has been trying to acquire a large piece of land where they want to build a large luxury apartment complex. The land belongs to 99-year-old retired country singer Smokey Jones. A few years ago, Smokey wrote a will indicating that the land would pass to his grandson Billy Jones upon Smokey's death. Last month, Smokey met with the CEO of the Black Acre Holdings Company to discuss a deal for the land. During the meeting, after drinking several glasses of whiskey, Smokey verbally agreed to sell the land to the Black Acre Holdings Company for 50million dollars. The CEO was really excited because he believed the land is valued at a significantly higher price. After the meeting, the CEO stated that he would have the paperwork ready within 2 weeks and then Smokey and the CEO shook hands on it.…

Princess was appointed as the new Chief Executive Officer (CEO) of TSF Food Products Trading and Manufacturing Corporation due to the death of her father. Their company is open to public and had to adapt to being transparent to outside investors. There were pressures from the shareholders to reduce operating cost of the business in order to increase profits. In response to their request, Princess implemented cost cutting measures by means of imposing early retirement of employees who she felt could no longer cope up with the work so to decrease the digitize operation of the business. As expected, most of the employees were not happy upon knowing the situation and this affected the morale of their employees. Princess sought the assistance of Mark, the company’s HR manager. Mark suggested a comprehensive program wherein all employees would be evaluated based on achieving results by means of demonstrating to their employees that their performance affects company’s status. Those…

Refer to Case 1: Monsanto Attempts to Balance Stakeholder Interests Investors have been complaining about Monsanto’s philanthropic initiatives because they believe they are costing Monsanto valuable resources and do not contribute value. As an executive of Monsanto, how would you explain the value of these initiatives from a stakeholder perspective? Be sure to address: Monsanto’s ethical culture Monsanto’s ethical responsibility, specifically in their use of products such as Roundup

Scenario  B (Australian Taxation Law): – Taxpayers at retirement age Inder Muller, aged 58, recently retired from his employment as chief accountant of Moon Light Pty Ltd, after 17 years and 4 months of service. Inder’s wife Belinda, aged 59, is currently running a small newsagency. Inder and Belinda visited you to seek advice on various retirement planning options specified below. Inder and Belinda both are covered by private health insurance. 3) Regarding Belinda’s Business Belinda has started the newsagency business 3 months ago. She would like to get advice on the tax benefits available for her new business. The expected business turnover for the financial year ending 30th of June 2022 is $500,000 including GST. She has purchased the following assets for the business. > Photocopy machine for $5,500 including GST on the 15th of Feb 2022 and was ready to use on the 1st of March 2022 > Motor vehicle purchased on the 1st May 2022 for $68,800 including GST, to be used solely for…

Scenario  B (Australian Taxation Law): – Taxpayers at retirement age Inder Muller, aged 58, recently retired from his employment as chief accountant of Moon Light Pty Ltd, after 17 years and 4 months of service. Inder’s wife Belinda, aged 59, is currently running a small newsagency. Inder and Belinda visited you to seek advice on various retirement planning options specified below. Inder and Belinda both are covered by private health insurance. 3) Regarding Belinda’s Business Belinda has started the newsagency business 3 months ago. She would like to get advice on the tax benefits available for her new business. The expected business turnover for the financial year ending 30th of June 2022 is $500,000 including GST. She has purchased the following assets for the business. > Photocopy machine for $5,500 including GST on the 15th of Feb 2022 and was ready to use on the 1st of March 2022 > Motor vehicle purchased on the 1st May 2022 for $68,800 including GST, to be used solely for…