How the three ethical theories we have been concentrating on

Assignment Help Business Management
Reference no: EM131396341

Business Ethics Assignment

One page per Learning Activity

Learning Activity 1

Our course materials this week talk about the relationship between wealth and power, and the role (if any) of government to regulate "business ethics" while in pursuit of that wealth (and power). One memorable quote in our reading this week was to the effect that some part of this discussion would be ‘left to the philosophers' which, of course, ethicists are. We are all also familiar - undoubtedly - with the saying: "Power corrupts. Absolute power corrupts absolutely."

I had to google that quote, however, to find out who said it. I suspected it was Machiavelli, but it turned out to be a Lord Acton, who wrote it in 1887, going on to say, "Great men are almost always bad men." (Online Library of Liberty - Lord Acton. n.d. available online: https://oll.libertyfund.org/quote/214)

Consider how the three ethical theories we have been concentrating on - Utilitarianism, Kant's deontological ethical theory, and Virtue Ethics - would approach the question of power and wealth inequality. Is there any part of the discussion between wealth and power that is being "left to the philosophers" that should be being considered and discussed a whole lot more publicly? Is government regulation the answer?
(You might want to keep in mind this connection between wealth and power if you find yourself tempted to turn to legislation as the curb for absolute power. . . .)

This assignment description is 250 words long. Please write a response that is at least the same length, consisting of at least 3 well-formed paragraphs. You are not expected to come up with "the answer", we have struggled with this relationship throughout history! I wish you to consider, however, how the ethical theories would tend to view this situation.

Learning Activity 2

Why do ethicists tend to reject the theory of ethical relativism?

If you agree, which argument do you find most persuasive - and why?

If you disagree, provide your reasons in the form of an argument.

Reference no: EM131396341

Questions Cloud

How does the rule impact businesses and investors : Who were the proponents of change? How did/does the rule impact businesses? investors? executive recruiters? Papers will be graded for research, analysis, substance and grammar. The oral presentation will be included in the grading.
Define the disorder and its main symptoms : Your paper should include the following: Define the disorder and its main symptoms. Describe who is most likely to have this disorder with regard to age, gender, social class and ethnicity
What proportion of the women who use the bench : The city park benches are 16.7 inches high.- What proportion of the women who use the bench will have their feet dangle (unless they sit forward on the bench)?
Describe the typical score on given test : "I want a number that will describe the typical score on this test. Most did very well, some scored in the middle, and a very few did quite poorly."
How the three ethical theories we have been concentrating on : Consider how the three ethical theories we have been concentrating on - Utilitarianism, Kant's deontological ethical theory, and Virtue Ethics - would approach the question of power and wealth inequality.
What are the symptoms of the sleep disorder : Various sleep disorders have been identified throughout the years. Please choose a sleep disorder, research the causes, characteristics, and treatment(s) of the disorder and then organize your information into an essay
Find out the effects of alcohol on reaction time : A student wanted to find out the effects of alcohol on reaction time, so he found the reaction time of each subject under both conditions-alcohol and no alcohol.
Identify the potential ethical implications associated : Identify the potential ethical implications associated with this decision. Determine the effect this may have on the decision making process. Identify how the organization applies corporate social responsibility to the business.
How can the overall profit for the company be found : A company has three separate divisions. Based on the capital invested, Division A made 10 cents per dollar, Division B made 20 cents per dollar, and Division C made 30 cents per dollar. How can the overall profit for the company be found?

Reviews

Write a Review

Business Management Questions & Answers

  Caselet on michael porter’s value chain management

The assignment in management is a two part assignment dealing 1.Theory of function of management. 2. Operations and Controlling.

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. Due to increase in the preference for light beer drinkers, Chris Prangel wants to introduce light beer version in Mountain Man. An analysis into the la..

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. An analysis into the launch of Mountain Man Light over the present Mountain Man Lager.

  Analysis of the case using the doing ethics technique

Analysis of the case using the Doing Ethics Technique (DET). Analysis of the ethical issue(s) from the perspective of an ICT professional, using the ACS Code of  Conduct and properly relating clauses from the ACS Code of Conduct to the ethical issue.

  Affiliations and partnerships

Affiliations and partnerships are frequently used to reach a larger local audience? Which options stand to avail for the Hotel manager and what problems do these pose.

  Innovation-friendly regulations

What influence (if any) can organizations exercise to encourage ‘innovation-friendly' regulations?

  Effect of regional and corporate cultural issues

Present your findings as a group powerpoint with an audio file. In addition individually write up your own conclusions as to the effects of regional cultural issues on the corporate organisational culture of this multinational company as it conducts ..

  Structure of business plan

This assignment shows a structure of business plan. The task is to write a business plane about a Diet Shop.

  Identify the purposes of different types of organisations

Identify the purposes of different types of organisations.

  Entrepreneur case study for analysis

Entrepreneur Case Study for Analysis. Analyze Robin Wolaner's suitability to be an entrepreneur

  Forecasting and business analysis

This problem requires you to apply your cross-sectional analysis skills to a real cross-sectional data set with the goal of answering a specific research question.

  Educational instructional leadership

Prepare a major handout on the key principles of instructional leadership

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd