Foxconn Ethical Analysis: In order to run a profitable business‚ maximize shareholder value‚ and incorporate an ethical framework‚ management style is very important. Management includes using a firms resources in order to conduct various tactics to achieve the firms overall strategy. Each tactic carried out within a firm needs to have a ethics framework enforced through management to provide the stakeholders with an effective business developed through conscious and sincere decision making
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Review Questions: 1. What is ethics‚ and how can it be distinguished from morality? Morality can be defined as a system of rules for guiding human conduct and principles for evaluating those rules and ethics is "the good life"‚ the life worth living or that is simply satisfying‚ which is held by many philosophers to be more important than moral conduct. 2. What is meant by a moral system? What are some of the key differences between the "rules of conduct" and the "principles of evaluation" that
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Ethical Analysis Nestlé’s marketing tactics in promoting the use of infant formula in developing countries was not moral because: 1. Created a need where none existed before * In developing countries many women don’t work‚ don’t have money‚ and mothers stay home with their children‚ as such nursing is a necessity‚ but formula feeding is an unnecessary luxury. * Distributed free samples of baby formula and as a consequence mothers’ breast milk was not produced. Mothers were
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Ethical relativism is a concept in which most simple minded individuals adhere to. As a broad definition‚ ethical relativism is a theory where morals are determined by each person rather than a general census. This can be divided up into two parts; ethical subjectivism and cultural relativism. Ethical subjectivism is described as moral judgments based on an individual’s personal values and feelings. To go beyond the individual‚ cultural relativism is a theory where beliefs are juxtaposed with
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Upon reading The Ethical of Offshoring Clinical Trials‚ three factors were driving pharmaceutical companies to host clinical drug trials overseas. The factors were lower cost‚ willingly to participate in trials‚ and a larger pool of patients. People that are overseas are more than likely to participate in trials since they would rather have an expensive medicine than to not have any at all. While the likeliness of participating in trials‚ it also increases the larger pool of patients. The larger
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In an Everyday Ethics Podcast titled Foul Language with podcaster‚ Craig Kopp‚ media ethicist‚ Kelly McBride‚ and medical ethicist‚ Art Caplan‚ they discuss whether swearing is ethical (“About”). Using an example throughout being Anthony Scaramucci‚ a previous Director of Communication at the White House‚ who use six f-bombs and multiple other swear word when talking to a reporter. But why do people swear in the first place? To assert authority and power‚ to seem dominant‚ or to influence. Kelly
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(PAD 6436) course that I took Fall 2015 semester. The course was one of the most important courses I took in MPA program. Before taking this course‚ I never took an ethic course. As a result‚ I did not give great thought about the importance of the ethical values in the workplace. However‚ when I completed the ethic portfolio‚ I gained many competencies and skills. One of the competencies I gained when doing the ethic portfolio is the ability to analyze‚ synthesize‚ think critically‚ solve problems
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Agreement”? a) It defines the obligations of the services/product provider towards the customer b) It has terms for maintenance of the product/service c) It does not mention the obligation of the customer d) None of the above 6. Function point analysis involves: a) Amount of information processing function b) System characteristics c) Degree of influence d) All of the above e) None of the above 7. Why does it help to visit other companies to identify effective Quality practices? a) Reuse
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LEADERS AND ETHICAL DILEMMAS Name: Institution: Course: Tutor: Date: According to F. John Reh‚ a leader is someone who offers leadership roles to others. A leader is someone who should have a vision and goals to achieve. They only achieve their goals by taking steps and strength which keeps them moving towards their goals without any obstacles. What differentiate a leader with others is all about the traits a leader is required to have‚ the traits can be inborn or improved
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Financial Management Final Exam 3/2/2013 Q1. Calculating NOPAT: NOPAT = Operating Income (EBIT) x (1 – Tax) Operating Income (EBIT) = 700 Tax = 0.35 NOPAT = 700 x (1 – 0.35) = $455.00 Q2. Income Statement: Income Statement (EUR) Sales 15‚000 Operating cost 7‚500 Depreciation 1‚200 Amortization 0 Bonds 6‚500 Bonds interest 6.25% Tax rate (income) 35% EBIT = Sales – Operating cost – Depreciation – Amortization EBIT = 15‚000 – 7‚500 – 1‚200 – 0 EBIT = EUR 6
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