Benefits of using stakeholder theory approach

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1. One of the myths in business ethics says that ethics is a personal, individual affair, not a public or debatable matter. Do you agree/disagree with the statement? Please elaborate your answer.

2. Why do you think it is important to teach ethics in business schools? Do you think ethics can be taught and trained? Why/why not?

3. What are the benefits of using stakeholder theory approach in ethical decision making? How does this approach work?

4. Why does every ethical issue have dilemmas? Do you believe ethical dilemmas can be prevented and solved morally without the use of principles? Explain.

5. Why is utilitarianism useful for conducting stakeholder analysis? What are the problems using this principle?

6. In your opinion, what are the problems with the free-market society? What are the problems with the regulated market society? Is there any third way solution?

7. Do you think ethics have universal values and apply similarly in different cultures? In a country that has diverse cultures like in Indonesia, can we have different ethical principles among those local cultures?

8. Do you agree with the statement that Corporate Social Responsibility (CSR) will help corporations to attain sustainability? Please explain.

9. Explain why it is difficult for people to solve "the dirty-hands problem", and what principles should be adhered when it comes to solve the problem.

10. Some people argue that the fourth industrial revolution era has come in a swift fashion. Please discuss about this phenomenon and the ethical implication of the revolution in every sector (business, government, society).

Reference no: EM133034094

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