The Ethics Of Bill Gates

Free enterprise allows for individuals to have large economic freedoms with some regulations from the government. Many entrepreneur have taken advantage of the system and gained immense wealth. A great example is Bill Gate who has made a huge contribution to the technological industry. His investments in companies like microsoft has helped make it one of the biggest companies in the world. Without a lot of restrictions from the government Bill Gates's fortune grew and without free enterprise his companies wouldn't be as huge as they are now.

Bill Gates made a lot of changes to the way the world operates through technology and made life at lot easier for other people around the world. Bill Gates (also known as William Henry III or Trey) is an American entrepreneur, business mogul, investor, philanthropist, and one of the most richest and influential people in the world. He was also known as the best businessman in the 20th century. In his years as a child, he had the attitude for math and science as well as showing interest in computer programming in his teenage years.

When people think of a hero they think of Superman, Batman, or Spiderman, but what they should think of are people that make difference. Bill Gates has made a huge difference in today’s world; he is an extremely successful entrepreneur, an active philanthropist, and a very motivated person in general. With this motivation he has and will accomplish anything he puts his mind to. He was CEO of Microsoft and became the richest man in the world. He also created one of the most credible and generous charitable organization in the world. As a positive influence on today’s world, Bill Gates has proven himself as person with his good work ethic, positive attitude, and great accomplishments.

The fundamental ideologies of a capitalist corporation can vary from company to company, but typically all have the same underlying purpose – to make a profit. Often, a business’ ideologies are expressed in the form of an organisational vision or mission statement – a simple statement demonstrating to the public, and reminding the employees, the goal of the organisation. These vision or mission statements usually look at the ‘bigger picture’ of what an organisation wants to achieve. Examples being:

Teleology is the idea that the ends justify the means, and that ‘Happiness [should] be the end that always ought to be produced” (Gueras, and Garofalo 51). This theory teaches that the most happiness should always be sought. That in order to produce a perfectly ethical society that the more happiness that is generated the better. This is a very idealistic theory that promises that the most will be made of by actions. Naturally these actions would have consequences, however Teleology stems from utilitarianism where the ends will always justify the means. Therefore no matter the decision if you always aim for the option that provides you with the most happiness then according to a Teleologist you have done everything you can. The flaw of teleology comes when happiness is compared with values that may be perceived as more important such as duty or responsibility. Meaning That a person could potentially choose to do something that would not create the maximum happiness as a result of outside

Q1 – What was up with Wall Street? The Goldman Standard and Shades of Gray.

There are similarities and differences in deontological and teleological ethical systems. Each of the ethical systems will be discussed in a compare and contrast so that they are made clear to what they mean. There are seven major ethical systems that are either deontological systems or they are teleological systems.

Hursthouse presents an outline of these ethical approaches. First, deontology premise one the action is right if it follows the guideline of a “moral rule or principle”, and premise two a correct moral is either “required by rationality” or the “rational acceptance from behind the veil of ignorance and so on…”. Then she presents act-utilitarianism, premise one the action is correct if it comes out with the best outcome, and premise two if the best outcomes presents that “happiness is maximized”. Finally, the author presents virtue theory. Virtue theory, the action is correct “if it is what a virtuous agent what do in the circumstances”. She then explains what a virtuous person is, and discusses how a virtuous

The approach which Mr. Gates has espoused is founded on the utilitarian code of ethics as advocated by John Stuart Mill. This code of ethics emphasizes that an individual’s ethical behavior must not be founded on which that brings the highest good for the highest number (Mill, 2007). Until now, the philanthropist has committed over $20 billion dollars of his wealth to a range of grounds, consisting of the enhancing the living standards in much of sub-Sharan Africa. The mogul has well persuaded similar billionaires that this approach to altruistic work by far is the most significant approach.

The problem to be investigated is the application of business ethics. In the business world, ethics are extremely important. Ethics are prime elements that help a business to grow and to become more productive. It is by applying proper business ethics that a business can operate in a moral or ethical business environment and managed to conduct all activities in a manner that maximizes profits while not compromising all other non-economic concerns(Schwab, 1996). Businesses have over the years failed to nurture business ethics in order to fulfill shareholders' interests and to have a culture that is oriented towards profit maximization and high performance(Jennings, 2012; Sims & Felton, 2006). This has led business to have gray areas in their activities. Gray areas are those situations or problems that do not fit exactly into any ethical analysis. These are the activities which may be represented to be immoral as a result of lying and false representations on the part of the business.

A leader is someone that you can look up to, someone who has a conglomerate of attributes that motivate people to follow them. There are many reasons why you can find someone amusing, intriguing or interesting but the conglomerate of actions performed by them is what makes them stand over others. A global leader is someone who has transcends the geographical limits with their contributions not only to their field but to humanity as well. In this essay I will briefly discussed the attributes of the global leader I selected, his visions and his contributions to

Question 1 Summarize 1 one page how you would explain Enron’s ethical meltdown: Enron was an energy company founded by Kenneth Lay in 1985 through a merger of vast networks of natural gas lines. Enron specialized in wholesale, natural gas, and electricity, and made its money as a wholesaler between suppliers and customers rather than actually owning any. Enron in fact didn’t own any assets, which made their accounting procedures very unusual. The lack of accounting transparency at Enron allowed the company’s managers to make Enron’s financial performance better than it actually was. The organizational culture at Enron was to blame for it’s ethical meltdown. Enron’s accounting scheme slowly began to erode its ethical practices, which soon led the culture of Enron to become a more aggressive and misleading business practice. Enron reported profits from joint partnerships that were not yet attained in order to keep stock prices up (or make wall street happy). As this was happening employees began to notice the ethics in senior management (leadership) deteriorating, and soon after they to would follow in their footsteps. Senior management thought they were saving their company from financial ruin and though lying was ok if it meant saving the company. Investors would surely sell their stocks if they really knew the situation the

Bill Gates is not only a genius, but also an innovator in education, technology, and philanthropy. A prodigy, Bill Gates shares an education fact with Abraham Lincoln, Henry Ford, Thomas Edison, and even his competitor Steve Jobs: no college degree. Instead, he devoted his time to his passion for technology, going on to create the most profitable technology company in the world. For much of the past decade, Gates allocated both his profit and attention to philanthropy. Evidence of his innovation, industry and curiosity can be seen at an early age.

The Bill & Melinda Gates Foundation is a foundation that supports other organizations who share its guiding belief that every life has equal value. Located in Seattle, Washington, the Bill & Melinda Gates Foundation have an asset trust endowment of 36.2 billion dollars as of September 30, 2012. It supports grantees in all 50 states and 100 countries internationally in areas of global development, global health, United States program, and a smaller charitable support initiative sector. Bill Gates, Melinda Gates, and Warren Buffett give direction to CEO Jeff Raikes and co-chairmen William H. Gates Sr. regarding grant allocation and investments. (Gates Foundation)

Ethics is something that is very important to have especially in the business world. Ethics is the unwritten laws or rules defined by human nature; ethics is something people encounter as a child learning the differences between right and wrong. In 2001, Enron was the fifth largest company on the Fortune 500. Enron was also the market leader in energy production, distribution, and trading. However, Enron's unethical accounting practices have left the company in joint chapter 11 bankruptcy. This bankruptcy has caused many problems among many individuals. Enron's employees and retirees are suffering because of the bankruptcy. Wall Street and investors have taken a major downturn do to the company's unethical practices. Enron's competitors