Cited: DeGeorge‚ Richard T. Business Ethics. 7th Ed. New Jersey: Prentice Hall. 2010 “Applying Utilitarianism to Business Ethics: The Ford Pinto Case." Annie Lundy February 6‚ 2009 “Utilitarianism.” utilitarianism.com. Henry R. West. n.d. “Calculating Consequences: The Utilitarian Approach to Ethics.” Claire Andre and Manuel Velasquez. n.d.
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Study Unit 1. Activity 1. Column A: Public law | Column B: Private law | * Is aimed at the public interest. | * It furthers individual or private interests | * Orders the relationship between the state and individual. | * Orders the respective rights and obligations of private persons. | * Its a vertical relationship | * It is a horizontal relationship | * Denotes a relationship of authority | * Relationship are agreed on equal terms. | Self evaluation 1.
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States’ constitutional guarantees of free press and free expression have ensured a press largely without governmental regulation. This does not mean media without standards. In this journal‚ noted U.S. experts explore the central role of media ethics as the core values that shape the functioning of U.S. journalism. In the American system‚ our free media is an essential source of the information that is at the heart of a free society. This critical role endows the media with its own power‚ which
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FA 1041 Black & White Photography 12/18/2012 Ethics in Photojournalism Photojournalism is a way of telling a story that can often be more effective than a 1‚000-word article. The images that are captured can change the emotions quite vividly of those who are viewing the picture. The best photojournalists will not only capture an image that tells the story‚ but the images also have to be aesthetically pleasing‚ include some action and take in emotion. Photojournalists take their images from
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APPLIED ETHICS A. What is applied ethics? 1. So far we have been focused either on normative ethics‚ which studies what features make something good/bad‚ an act right/wrong or a trait virtuous or vicious - or metaethics‚ which studies philosophical questions about the meaning of ethical words‚ or the nature of ethical facts 2. Applied ethics is a distinct category of ethical philosophy A. What is applied ethics? 3. Deals with difficult moral questions and controversial moral issues that people actually
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Business Ethics Ethics is a branch of philosophy that inquires into the nature of ultimate value and the standards by which human actions can be judged right or wrong ("ethics‚" Collegiate). Ethics is not primarily concerned with the description of moral systems in societies. That task‚ which remains on the level of description‚ is one for anthropology or sociology. In contrast‚ ethics deals with the justification of moral principles. A Brief History of the Study of Ethics Ethics has been
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Beu and Buckley (2001) state that over the past few decades‚ corporate codes of ethics have proliferated. These codes have proved useful in informing employees about legal requirements of the firm‚ addressing specific concerns and serving as guidelines for accepted practice within the organization. However‚ unethical acts continue to occur‚ as is evidenced by the recent recall of Firestone tires and the 103 deaths that forced it. (p. 73) It does not matter if corporate executives are told millions
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Ethics are a collection of principles of right conduct that shape the decisions people or organizations make. Practicing ethics in marketing means deliberately applying standards of fairness‚ or moral rights and wrongs‚ to marketing decision making‚ behavior‚ and practice in the organization. In a market economy‚ a business may be expected to act in what it believes to be its own best interest. The purpose of marketing is to create a competitive advantage. An organization achieves an advantage
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BUSINESS ETHICS DEFINITION Business ethics (also corporate ethics) is a form of applied ethics or professional ethics that examines ethical principles and moral or ethical problems that arise in a business environment. It applies to all aspects of business conduct and is relevant to the conduct of individuals and entire organizations. Business ethics has both normative and descriptive dimensions. As a corporate practice and a career specialization‚ the field is primarily normative. Academics attempting
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INTRODUCTION TO ETHICS IN FINANCE MEANING OF FINANCE Finance means fund or other financial resources; it deals with matter related to money and the market. The field of finance refers to the concept of time‚ money and risk and how they are interrelated. Banks are the main facilitators of funding. Funding means asset in the form of money. Finance is the set of activities that deals with the management of funds. It helps in making the decision like how to use the collected fund. It is also art
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