Double Privilege Case: Discussion

Business Ethics are defined as “moral principles that guide the way a business behaves” (Businesscasestudies, 2017). In order for any business or individual to act in an ethical

In the beginning of the year I entered this class with a very sheltered and ignorant view of current and past events. Through time and sociological evolution I have begun to see things in a different light. The development of my ability, to look at something or some kind of situation, lets me use the sociological terms in such a manner to relate them to micro and macro problems in society. This started with the assigned readings of the class; the aim was to decipher the messages the authors were presenting. The goal was then to dig deeper and use my experiences to help myself understand the concepts throughout the course. "The mind is not a vessel to be filled, but a fire to be ignited." Plutarch (46-120 CE--common era) I was no longer

Business ethics is the application of right and wrong, good and bad in a business setting.

According to Omidyar & Branson (2016), business ethics are called as corporate ethics which is a set of rules that define the right and wrong behaviour. From the research, ethics are a form of applied ethic that can be used to evaluate whether the conduct of the people are considered acceptable and appropriate. Besides, business ethics are the collective values of a business organization that can be used to evaluate whether the behaviour of the collective members of the organization are considered acceptable and appropriate. In the most basic term, a definition for business ethics boils down to knowing the difference between right and wrong and choosing to do what is right.

Privilege is a concept that was foreign to me before reading this week’s assignments. I never knew what privilege was because I have felt that I have never been privileged. I always associated privilege with having wealth. Reading What is a ‘system of privilege’? changed my thinking on privilege. Privilege is not just about wealth, but it is an exclusive and social advantage (Johnson, 2012). Being a white, heterosexual, and Christian individual comes with certain privileges even if I can’t see them.

By using the principle of utility I would manipulate the financial statement by overstating the overall profit; as a result, all employees can keep their job. As principle of utility means choosing the alternatives that creates the most happiness for all the people being affected.

What makes us “unique”? That, my friend, would be experiences. There is no better method to get to know a person than exploring, or at the very least, acknowledging their experiences. With that in mind, I often refer to my identity as a complex structure that encompasses biological, and psychological influences, but my family and social dynamics are what make my experiences distinctive. I am a combination of Africa’s history, tribal dances, poverty, suppression, privileges, stereotypes, and role models. In this paper, I will answer the blooded questions, which will reflect my understanding of self-identity

Good point, in the First. Fifth, and Fourteenth Amendments by the constitution, citizens do have rights. Yet, how is it when subject chose to picket or wear something that not suitable to the others conscious eyes, that privilege is not valid? for example despite the fact that we do have right to associating with whomever we pick, being a law enforcement officers, that truly don't have any significant bearing for me, on the grounds that my occupation can come into inquiry in case I'm associating around sentenced criminals regardless of the possibility that their a cousin that I grew up with. I would in any case need to end that relationship, regardless of the fact that he has turn his or her life around and are making

Business ethics is a vital element to the growth and success of any business. To be ethical means to have a system of moral principles. Ethics alone is a branch of philosophy dealing with values relating to human conduct, with respect to the rightness and wrongness of certain actions and to the goodness and badness of the motives and ends of such actions. To have business ethics you would take the meaning of ethics and apply it to the things that go on it the work place. We are going to take

Business Ethics is a set of moral principles applied in the commercial world. Business ethics provide guidelines for acceptable behavior by organizations in both their strategy formulation and day-to-day operations. An ethical approach is becoming necessary both for corporate success and a positive corporate image. Following pressure from

Business ethics refers to the consideration of moral decisions and responsibilities in the process of operating a business. Business ethics, practiced throughout the deepest layers of a company, become the heart and soul of the company 's culture and can mean the difference between success and failure. Values drive behavior and therefore need to be consciously stated, but they also need to be affirmed by actions. Ethical business environments are created with foundations of integrity, accountability and commitment.

The employee’s morale is low, they feel undervalued and unappreciated. With inflation rates and lack of raises their take home pay is less than before and the employee’s perception is that the company is doing well. During some tough years before, the employees that remained had pulled together and working harder to help keep the company open, they now feel that since business is good, they have not been appreciated or recognized for their commitment. They are concerned about their benefits plan and pension changes that may be happening.

Recapitalization seems to be the best alternative discussed in the case, mainly because of the underlying 39% IRR (discussed below). There are chances to expand the pie (through consolidation and/or operational improvement) and sell it at a higher price, taking the advantage of the potential market pick-up in 2003. Two potential risks are that the higher price is not guaranteed and that there is low interest from financial buyers and no powerful strategic buyer, future selling negotiations may take time again.

Business Ethics can be defined as the critical and structured examination of how people & institutions should behave in the commerce world. Furthermore, it particularises the involvement of examining appropriate limitations upon the pursuit of complete self-interest; however, this may also apply for firm profits when the actions of each individual or firm affects others in some form. If the business really has no ethics, it can be concluded that the environment will suffer since the intention of business growth is far greater than environmental responsibility.

“As a branch of ethics the field of business ethics is interested in how judgments of right and wrong, good and bad, moral obligation and responsibility, rights and duties, and the like, are made and justified” (Gill, David). As a descriptive enterprise, business ethics is an analytical exercise in understanding and explaining how people and businesses make their ethical judgments and decisions. If your business does not carry the proper ethics it cannot thrive. It takes the necessary steps within the business management to enforce these ethics upon their business. The field of business ethics is interested in more than just social and environmental responsibilities but those are certainly critical component areas.