Iverson's Moral Issues In Business

Lau, T., & Johnson, L. (2013). The legal and ethical environment of business. (1st ed., p. 11.2-11.5).

Over the past couple of years a new environmental issue has taken place illegal dumping, which is astoundingly different than the environmental issues that the City of Houston has been commonly known for, although it has devastating effect. In, fact what is rather unusual for this issue unlike the issues of air pollution the oil and gas industry has little to no involvement with creating the issue. While the city of Houston and Galveston had created guidelines for handling illegal dumping in 1999 the need to address this issue returned in early 2015.

It seems understandable that a business should exist as a separate legal personality as it would be impossible for an individual’s motives and goals to be perfectly in line with that of the company as is demonstrated above in Salomon. Following this theory the idea that the rights and duties of a company are not that of its members and shareholders as demonstrated in the case of Lee v Lee Air Farming .

The ethical issues presented in this case are the different views that each individual has on how the idea of corporate social responsibility (CSR). This dispute is between Mr. Milton Friedman, John Mackey, and T.J. Rodgers; all of which has a different outlook on CSR. The definition of CSR refers to the responsibilities that business has to the society in which it operates and to those actions that a business can be held accountable. Most philosophers have come up with three different types of responsibilities that corporations can be held accountable for. The first and most important of the three is a corporation’s duty to not cause harm. If a corporation can

Your honors, this case is about the fundamental right of shareholder protection. The right of a small businesswoman to pursue her goals and not be punished for her initiative and contribution that is so essential to American business. That is the right

Management is often faced with ethical dilemmas that have no clear cut correct answer. In our case study, (1)Desperate Air, George Nash, Vice President of Real Estate faces a conflict of values similar to the CEO in Seglin’s article, “How to Make Tough Ethical Calls”. They both want to tell the truth and they want to protect their companies, their investors, their employees, and their own livelihood. Neither Mr. Nash nor the CEO conducted a through examination of the problem they faced. I believe the decision to remain silent made by both Nash and the CEO to be short sighted, based solely on short term profit, and would not have been the route I would have taken.

Ferrell, O.C., Fraedrich, J., & Ferrell, L. (2015). Business ethics: Ethical decision making and cases (10th ed.). Mason, OH: Cengage.

that it makes clear that the company expects its people to recognize the ethical dimensions in decision and actions

Corporations can be large or small but they all have some sort of ethical impact on their employees, shareholders, customers, community, and surrounding environments. Richard DeGeorge writes, “We can speak of corporations having moral responsibilities to act in certain ways, and they are morally responsible for the consequences of their actions on people.” (p. 200). Large corporations are comprised of the board of directors, management, and their workers. They also deal with suppliers, customers, and have competitors. This essay will examine the moral responsibilities within a corporation.

Shaw, William H., and Vincent E. Barry. Moral issues in business. 12th ed. Belmont, CA: Wadsworth Cengage Learning, 2013. Print.

MGMT 520 Legal, Political and Ethical Dimensions of Business Week 3 - Discussion 2 - Environmental Liability and Due Process

1) In your judgment did PepsiCo have a moral obligation to divest itself of all its Burmese assets? Explain your answer. Which approach to ethics – utilitarian, rights, justice, caring or virtue- is more appropriate for analyzing the case events in this case?

1. Consequentialist moral theories see the moral rightness or wrongness of actions as a function of their results. If the consequences are sufficiently good, the action is right; if they are sufficiently bad, the action is wrong. However, nonconsequentialist theories see other factors as also relevant to the determination of right and wrong.

“Sometimes business owners or managers will be confronted with a difficult problem which will question one’s morals and responsibility. These situations are called right versus right and not right versus wrong. In a right versus right situation a business owner or manager must choose between two ways of solving it the problem. Each alternative is the right thing to do, but there is no way to do both”. (Badaracco 1) In this essay I will put myself in the position of the business owner and analyze the case from “Blindsided by Bankruptcy” by Ciulla Martin and also a case from “Defining Moments: When Managers Must Choose Between Right and Right” by Joseph L. Badaracco, Jr.. I will come to a conclusion about the moral dilemma in

The integrative model of social responsibility, which involves the stakeholder theory and moral minimum theory, and the philosophical ethical theory of utilitarianism are the most responsible approaches to business because they involve the standards of knowing who your actions affect, knowing how to help the most people possible, and knowing how to benefit those who are left out of the positive externalities of a business decision. This paper will discuss the implications of these theories in further depth and will look at a few business cases that demonstrate a failure to meet standards of responsibility.