Essay on Ethics Case Study

A recent article by Krell, “Goldilocks and the narrative driven economy”, is analyzed for economic principles and macroeconomic indices. The indices mentioned in the article will also be used to explain and define economic calculations. Lastly, conclusions that can be drawn from the article about the future economic changes are also discussed.

1. Here, the ethical dilemma is if it is right choice to save the lives of others that stuck on the pediatric wing of the hospital, at the danger of losing those human life rescuers themselves.

Brock Mason Brokerage firm had a number of noticeable issues that played close to fraudulent practices. The firm has an explicit strategy of selling their products first and all the other available products second. Such practice along with not spending a lot of time talking with customers, selling stock that is not in the best interest of the customers, false advertising, finding ways to elude disclosure of commissions, and withholding pertinent information from customers before selling the product sends the message of untrustworthiness and dismay to the customer. Most people search for a brokerage firm with the intent of building a strategic partnership to assist in making good financial decisions. Whether they need advice for

Conducting ethical business in the United States can be seen as clear cut to us. Although we are a diverse nation, as U.S. citizens, most gain experience in the professional environment where ethics is explained thoroughly enough that one is able to determine what is ethical and what is unethical. When it comes to ethics in the international arena, Thomas Donaldson explained how that structure almost does not exist since ethical culture, practices and the social norm is different in each country. In the article, Donaldson debunked previous theories like cultural relativism and ethical imperialism while coming up with a guideline that can help companies proceed in understanding cultural difference while still being ethical. (Donaldson, 1996, pp. 48-52) As I read through the article, it made me remember past events that had cultural dilemma while helping me find new ways to help my ethical decision making skills.

Many studies have noted differences in ethical judgments across individuals within organizations, industries, and countries. Such differences tend to become more pronounced and problematic when one enters the international arena, because members of different national cultures frequently apply different ethical standards and criteria This remains a vexing challenge for those engaged in international trade.

The case study presents a moral dilemma based on potential harm to innocent people. By using Kohlberg’s moral development model and by examining major ethical systems, namely deontology and utilitarianism, a clear understanding of the factors influencing this type of decision-making can be gained. Specifically, utilitarianism, Kant’s categorical imperative and the doctrine of double effect address the decision from differing viewpoints, providing the decision maker with compelling evidence to support both angles of the ethical and moral dilemma presented in the decision at hand. A decision can then be made if it is considered morally justified, depending on the model used to make the decision. Often the solution of an ethical dilemma would

I have to agree with the ruling, that the hospital should be held responsible for not providing adequate care to the rape victim. Even if they do not offer the treatment in house, it should have been a conversation, and a script written if needed. Withholding that information is a violation of their believes in caring for the sick and injured patient. Not to mention the ethical issue of justice for treating all of their patients equally.

There are two main ethical issues that have been identified within this scenario. The first is that the acceptance of McJack’s sponsorship conflict with the schools recent efforts and policies to encourage healthy eating habits and lifestyles. Furthermore, if the school accepts the sponsorship offered in conjunction with the stipulated conditions it would ultimately be endorsing discrimination against Molly based on her appearance.

Throughout this paper the principles and concepts examined throughout the last eight weeks of coursework will be applied to the Nortel Case Study. After a brief introductory discussion of the Nortel Case, a greater understanding of the ethical ramifications of the situation will be facilitated by answering five key questions.

The Chinese tend to work alongside of distinct set of values and ideas (Ferrell, 1988). Many business practices in the county have been built upon its long history and remain anchored on its culture (Su, 2001). According to, Dimensionality of business ethics in China, “Aside from culture in general, religion and other belief systems specifically can shape business ethics (Whitcomb, 1998). For example, Chinese ethical actions can also be shape by inherent Confucian virtues such as benevolence (Wangdao, 1997).

To start with, we must know about what ethics means. When we talk about ethics we mean that moral ideas and principles every human has. Those ideas that gives the definition of the right and wrong. But not everyone has the same moral principles about wrong and right. And when we talk about principles we mean a person’s bad and good behavior and how every one of us concept them. Thinking about ethics immediately comes in our mind is what we learn about studying in ethics. We learn what is good and what is bad to do. It’s like a method about creating levels and a kind of category of human value. And why is ethics so important? Because if we don’t think with the basic of morals and values and how we pursue them then there would be a wrong way of working down something and achieve a goal. Or let’s think about starting working as a team for an x job, and someone tries to steel an idea from someone else inside a team, that’s wrong. For someone else it would be just right. So, then we talk about morals. And what morals are talking about is something refers to ethics and those

“The more one knows ethics, the more it is used and the more useful it becomes”-Plato, The quote by Plato is a reminder on just how important ethics is and how important it is to educate yourself on proper ethical practices. In the following paper I would like to look at the topic of global business ethics. Recent studies in business ethics have shown both remarkable similarities and differences across cultures with respect to attitudes toward questionable business practices. First I would like to talk about the affect that culture has on ethical behavior. Next, I would like to talk about ethical complexities and challenges facing businesses that operate internationally, mainly focusing in on multinational corporations and the ethical

First and foremost it is important to understand the meaning of ethics. I define ethics to be the decision between what I believe to be morally right and wrong. Many different factors influence my opinions on ethics such as my values, culture I grew up in, my family, religious beliefs, and many others. While I have my own beliefs on what I deem to be right and wrong, there are also rules, views, and models to help when making ethical decisions. Each rule is not perfect, but the advantages help individuals to better understand all the factors that go into making ethical decisions.

Before conquering a strategy to respond to ethical challenges as they arise in my career I had to first and foremost determine just what ethics means to me, as well as if ethics in international business alters from the ethical decisions we make in our daily lives. This proves to be a daunting task as how to determine what is ethical and what is not varies from philosopher to philosopher. Friedman’s conclusion suggests that the social responsibility of a businessperson is to maximize profits and benefits for only those who have ownership in the company. This can be done in any and every way possible so long as it doesn’t involve deception or fraud – a common practice. Freeman suggests that businesspeople should balance the interest of stakeholders. Meaning that they consider the impact of their implications on suppliers, customers, employees, communities and shareholders interest. My moral compass

The Rights Theory according to John Locke (1632-1704) states that individuals had the right to make free choices without governmental interference. These rights are God given. If Joe decides not to listen to Mary and write this draft and tell the truth to the CEO instead it would be his right and the most ethical decision to make.