Critical Thinking and Ethics The definition of critical thinking is a disciplined thinking that is clear‚ rational‚ open-minded‚ and informed by evidence: (www.dictionary.reference.com/browse/critical+thinking). There are six steps of critical thinking. 1) Remembering- how can I recall key terms‚ facts‚ or events? 2) Understanding- how can I explain this idea in my own words? 3) Applying- how can I use this idea to produce a desired result? 4) Analyzing- how can I divide this idea into parts‚ groups
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for personal injuries caused as a result of defects in the car and limiting the remedy for breach of warranty to repair or replacement of the defective part. One month after purchasing the auto‚ Smith was seriously injured when the car veered off the road and into a ditch as a result of a defect in the steering mechanism of the car. If Smith sues the dealer for breach of warranty and the dealer defends by relying on the contract disclaimer‚ what would be the result and why? Please prepare a written
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i n g i s r e c o m m e n d e d f r o m d i v e r s e s o u r c e s ) Books Ethics and Mgmt by Hosmer Business Ethics by Shekher Business Ethics by Chakrobarthy (Oxford publication) Sy l la b us 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. Evolution of thought of ethics in business Culture & ethics Overview of ethics value system‚ attitudes‚ beliefs and life patterns Social‚ economical values & responsibilities Trusteeship Management- Gandhian philosophy of wealth management Ethics and Indian
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BP’s Poor Code of Ethics Poor implementation of their code of ethics led to preventable mishaps such as the disasters in Alaska and Texas. Specifically‚ BP ’s defensive approach towards stakeholder management led to lavish compensation for upper level management while creating hazardous working conditions for employees and a burden on all of society in the form of rising oil prices and environmental damage. BP has a poor code of ethics and you can clearly see that they do not follow it like they
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you: 1. What makes an ethical decision or issue ethical? How would you explain the differences between ethical/nonethical and ethical/unethical? What ethical issues or dilemmas have you experienced in the workplace? Decision-making is one of the fundamental keys to the survival of an organization‚ more so now that economic boundaries between countries crumble‚ business becomes more complex‚ and the results of decisions often have global impact. Decisions are made constantly in business; it is the
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Summary Even though Countrywide stopped offering subprime loans 4 months ago‚ the company is still in the forefront of the subprime mortgage lending and foreclosure crisis. Lawsuits seem to be coming from all directions‚ federal and state investigative probes are launched against them‚ stock price tumbled to 1/5 of its value‚ even desperate lenders demonstrated outside their offices. 2007 has definitely not been Countrywide ’s year. The company has lost its place as America ’s Home Lender and has
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think that the best car loans are for those with a high credit score. Therefore‚ they should forget about scoring a car finance loan with low interest. The fact is that a lot of people with a bad credit history are looking for car finance loans. The average person might attempt to apply for the car loans at numerous dealerships across the community in Sarasota‚ Florida without much luck. Soon they discover that their poor credit history makes it very difficult to get car loans in the community. However
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HND Business and Finance Unit 45: Business Ethics Lul Mohamed The concept of business ethics applied in Pfizer‚ M&S and Shell Global Plc. Name: Lul Mohamed Student ID: Assessor: Date: 12/10/2014 To: Pfizer Managers/Directors‚ From: Lul Mahamed Subject: Ethical perspective and corporate responsibility of Pfizer‚ M&S and Shell Global Plc. Date: 12/10/2014 Pfizer pharmaceutical company According to recent studies‚ Pharmaceutical company that provide
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1.0 Introduction 1.1 Company background 1.2 Dedine of Business Ethics 2.0 Identification of Ethical Dilemmas 2.1 Dilemmas 1 2.2 Dilemmas 2 2.3 Dilemmas 3 3.0 Evaluation of the Ethical Dilemmas option 1or option 2 3.1 Dilemmas moral standerd 3.2 Dilemmas 3.3 Dilemmas 4.0 Evaluation of best practices 4.1 Best practices 1 4.2 Best practices 2 5.0 Conclution(optional) 1.0 Introduction Company Background Tesco was founded in 1932‚ is the largest retail company in the United
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this study was to investigate factors that were perceived to contribute to poor grade twelve results at ABC S.S.S. Chapter one presented a background of the study‚ statement of the problem for investigation‚ brief statement of the research methods‚ and definitions of key concepts. Specifically‚ this study sought to answer the following research questions: (i) What factors do grade twelve learners consider to be the major contributory factors to the relatively poor grade twelve results at ABC S.S
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