What fundamental principles are in play

Assignment Help Business Law and Ethics
Reference no: EM13490578

I. Identify the problem.
a. What is the environment?
b. What is the situation?
c. What are the options?

II. Identify the people and groups affected by choosing one of the above options.
a. Individuals: self, boss, client, subordinate, etc.
b. Groups: company, public, family, profession, etc.

III. Build a decision framework - What is going to be the basis for my decision?
a. Consequentialism - looking for good results or least harm
i. What will be the result of the decision for me personally?
ii. How are the above people and groups affected?
iii. Are they affected negatively or positively?

b. Deontology - duty and obligation
i. How deep is my obligation to each of the people and groups?
ii. How do I prioritize conflicting duties?

c. Virtue ethics - Who am I?
i. What fundamental principles are in play?
ii. What norms or traditions I practice are being challenged?
iii. What personal values that I hold are being affected or threatened?

1. Am I being asked to do something that I don't believe in?
2. Am I being asked to ignore something that I feel must be addressed?

IV. Make a decision

a. Base your decision on values that are supported by principles
b. Make a commitment to the decision

V. Take action
a. Do what you feel is right for the right reasons - Never mistake temptation for opportunity
b. Let the chips fall where they may - A person who ignores wrong becomes either an accomplice or the next victim

VI. Learn
a. Accept responsibility for your decision and your actions
b. Understand the difference between providing explanations and making excuses
c. Listen to feedback so you can learn from everyone's mistakes
d. Incorporate changes where possible to avoid similar situations in the future

Reference no: EM13490578

Questions Cloud

Translate the first instruction into english : If the machine is started with its program counter containing 00, what bit pattern is in register 6 when the machine halts?
Explain oxidizing into mercury(i) or mercury(ii) ion : Using the table of reductions values explain why silver ion is the reactant and why silver metal is a sacrificial anode that protects mercury from oxidizing into mercury(I) or mercury(II) ion.
Explain hydrogen bonding and why is it stronger : What is hydrogen bonding and why is it stronger than your ordinary dipole-dipole interaction
Evaluate a final molarity m for a solution : Calculate a final molarity (M) for a solution if 10. mL of Part "d" is diluted to 0.20 L with pure water. 11 g. Discuss the miscibility of ethylene glycol in water using London dispersion, dipole-dipole, hydrogen bond interactions
What fundamental principles are in play : Build a decision framework - What is going to be the basis for my decision?
Evaluate the ph percent ionization : If the pKa for acetic acid, found in commercial white vinegar is 4.754 at 298 K, then calculate the pH, percent ionization, and pOH of a 0.585 M acetic acid or 5% vinegar solution.
What is the velocity of the water when it hits the bottom : The great, grey-green, greasy Zambezi River flows over Victoria Falls in south central Africa. what is the velocity of the water when it hits the bottom
What is the outstanding balance : Suppose you cannot make the mortgage payment and you are in danger of losing your house to foreclosure. The bank has offered to renegotiate your loan. The bank expects to get $150,000 for the house if it forecloses. They will lower your payment as lo..
How much work is done by the charger : To recharge a 10 V battery, a battery charger must move 3.7 105 C of charge from the negative terminal to the positive terminal. How much work is done by the charger

Reviews

Write a Review

Business Law and Ethics Questions & Answers

  Legal environment of business caselet

The assignment in Law deals with the topic "Legal Environment of Business". A case study about Mary, a newly joined employee who is working in the USA and Europe. She faces few issues at her work place in Europe and tries to talk to her manager who s..

  Business ethics & legal issues caselet

This assignment is about the concept of Business Ethics & Legal Issues. The laws relating to these can be found in Antitrust laws. These laws are concerned with those large corporations which have a majority of market share, mergers and acquisitions.

  Questions on business law and ethics

Examples of securities that are exempted from the registration provisions of the 1933 Act and involving misstatement of material facts in a prospectus.

  Discuss the doctrine of ratification of pre-incorporation

With the aid of a decided cases, discuss the doctrine of ratification of pre-incorporation contract.

  Discuss the extent of phoenixing activity

It has been estimated that about 6,000 phoenix companies operate in Australia, costing government and the community hundreds of millions of dollars per year and impacting on individuals.

  Application of law to facts

Company Law, Application of Law to Facts and Conclusion.

  Question on business law and ethics

This assignment related to business law.

  Questions on business law

Answer all the questions under business law.

  Iidentify the issue raised by the facts

Iidentify the issue(s) raised by the facts, identify the relevant legal principles, apply the relevant legal principles to the facts, reach a conclusion.

  Evaluation of software development

Prepare a report and present an evaluation of the subsequent methodologies for software development in terms of cost, resources and time.

  Business value and ethics

Business value and ethics,  Bart agrees to put Sam's Super Bowl champion-ship autographed football in his sports store to sell for $1,500. Sam agrees to pay Bart a 15% commission for selling the ball. If Joe comes in the sports store and offers Bart ..

  Explain what is meant by income by ordinary concepts

Advise what tax consequences arise in respect of the payments.

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