Regardless of the extent to which utilitarianism functions commonly in business decision making, what weaknesses would you identify in this ethical system?
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- Describe the utilitarianism, rights, fairness or justice,common good, and virtue approaches to ethical decision making. What is ethical relativism?Under Kant's Categorical Imperative, the idea of morality is the ultimate goal or objective by which people should live their lives. Where does the Categorical Imperative fit (or not fit) into your philosophy of business ethics?In which ways does an ethical relativist approach to business ethics differs from an ethical absolutist approach?
- Describe !he utilitarianism, rights, fairness or justice, common good, and virtue approaches to ethical decision making. What is ethical relativism?Ethical principles in business are not much different from society’s ethical principles, in general’. Discuss the statement above in not more than 5 sentences. Discuss the consequence and impact of the school of ‘universality of ethics’ on a multinational company Discuss the consequence and impact of the school of ‘relativity of ethics’ on a multinational company. Why is utilitarianism referred to as the “pig philosophy”?To act ethically in business it is only necessary to follow the law. Do you agree or disagree with this statement? Why or why not?
- UserChoose one of Confucius's teachings and describe how that principle relates to the military ethical perspective. Does it support your perspective or contrast with your perspective? How does this principle compare to one of the other ethical perspectives covered in Chapter One (Utilitarianism, Altruism, etc.)? Is it quite similar or quite different?Discuss both a utilitarian and kantian perspective in the context of business ethics abd with supporting detailsBefore responding to the questions below ask yourself the following: 1) is it true that “…doing what's best for society necessarily means sacrificing profits,” 2) are shareholders the only important and influential stakeholders in deciding how best to pursue corporate objectives, and 3) is government regulation, supplemented by self-regulation and civil society, the most effective way to strike a balance between profits and the public good? Based on your individual conclusions regarding the above, answer the following questions: Are profits and the general welfare basically incompatible? Why or why not? If you believe CSR requires the sacrifice of some amount of profit, what amount is appropriate? Is that amount the same for all firms in all industries? How should the CEO decide?