Do you think the state has any intention of ever stopping

Assignment Help Other Subject

Reference no: EM133792608

The Ethic Paper is intended to make us think about the potential ethic dilemma we may face during our managerial duty. The Ethic Paper is to describe your opinion (3-5 Page, Double Spaced) on a current event of International management nature from an ethical perspective. I would like you pick a topic of your interest. If you have difficulties finding a topic, please let me know. We can brainstorming the topics. Some examples of topic are: child labor, kickback, culture practices, financial fraud, technology and privacy, Corporate Profitability and Social Responsibility, Workers' Environment and corporate productivity, Bribery, etc. Chapter 2 is a good source to find and determine your ethic topic.

Ethical issues can arise when any statements related to probability are presented to the public, particularly when these statements are part of an advertising campaign for a product or service. Unfortunately, many people are not comfortable with the numerical concepts (see reference 4) and tend to misinterpret the meaning of the probability. IN some instances, the misinterpretation is not intentional, but in other cases, advertisements may unethically try to mislead potential customers.
My example, inserted
One example of a potentially unethical application of probability relates to advertisements for state lotteries. When purchasing a lottery ticket, the customer selects a set of numbers (such as) from a larger list of numbers (such as drawing 6 numbers from a set ranging from 1 through 49). Hence, 649, meaning choose any 6 numbers from a set of 49 numbers of any order. Although virtually all participants know that they are unlikely to win the lottery, they also have a very little idea of how unlikely it is for them to select all 6 winning numbers from the list of 49 numbers.

They have even less idea of the probability of winning a consolation prize by selecting either 4 or 5 winning numbers.
Given this background, you might consider a recent commercial for a state lottery that stated, "We won't stop until we have made everyone a millionaire" to be deceptive and possibly unethical.
Question. Essay Type
a. Do you think the state has any intention of ever stopping the lottery, given the fact that the state relies on it to bring millions of dollars into its treasury?
b. Is it possible that lottery can make everyone a millionaire? Is it ethical to suggest that the purpose of the lottery is to make everyone a millionaire?

FORMAT
I.                    Instructions:
1.       Use APA format in reporting your answer
2.       Number of pages: Approximately 2-3 pages
3.       Due date: posted
II.                   Outline
1.       Introduction
i)                    Define ethics (do your research)
ii)                   Illustrate the definition with examples
iii)                 Develop your argument for and against the issue on lottery when you answer the questions below
iv)                 State how the remaining part of the essay is organized in the terms sections I and II of the two questions
2.       Body
i)                    Is it possible that lottery can make everyone a millionaire?
ii)                   Is it ethical to suggest that the purpose of the lottery is to make everyone a millionaire?
3.       Summary and conclusion
4.       References

Reference no: EM133792608

Questions Cloud

Identify the risks associated with the development : Identify the risks associated with the development and how these risks will be mitigated. How does time factor into the associated project risks

Explain the management strategies for cardiogenic shock : What are vasoactive medications and how are they used in treating shock? Explain the management strategies for cardiogenic shock.

Will you use to market your health care clinic : As a health care manager, what strategies will you use to market your health care clinic, facility, product, or service? Provide examples.

Do you think that website marketing has a better opportunity : Do you think that website marketing has a better opportunity on display advertising or email marketing? or does it depend? Explain your thoughts

Do you think the state has any intention of ever stopping : Do you think the state has any intention of ever stopping the lottery, given the fact that the state relies on it to bring millions of dollars into its treasury

Describe a time when the information you presented : Provide scholarly reference Class, on a scale from one to ten. Describe a time when the information you presented was not what was received?

Which the mongol impacted afro eurasian societies : Evaluates the extent to which the Mongol impacted Afro Eurasian societies during the 1200 - 1450 CE time period.

How do the risks associated with commercial-backed : How do the risks associated with commercial-backed securities compare to residential mortgaged back securities? In your opinion, which type of securities

How can you apply what you have learned in the workplace : How can you apply what you've learned in the workplace, as both a leader and healthcare staff member?

User Account

All Pages