Reference no: EM13859555
Ethical Decision Making
After reading about Bill Daniels and the story about the insurance company in Chapter 5 of Gonzalez-Padron (2015), answer the following questions in essay form:
Which ethical tradition best describes Bill's decision to pay the client from his own funds?
Did he approach the decision using a rules-based, virtue or relationship-based, or outcome-based approach, or a combination of approaches?
Bill credits sports coaches for progression to higher stages of moral development. What other factors could motivate someone to develop higher levels of moral reasoning?
Can you think of a person who demonstrates principle-based ethics? How do this person's actions reflect a highly developed moral reasoning?
Incorporate key words and phrases from Chapter 5 of the text and at least two additional sources into your responses. Use your own words to define the key words and phrases you incorporate. Be sure to cite all sources in the body of your paper and on the references page.
The paper
Must be three double-spaced pages in length (not including title and references pages) and formatted according to APA style as outlined in the FSB APA guidance located in the classroom.
|
Complete contracting eliminates flexibility
: Contracting may not be preferable to vertical integration because of which of the following conditions: Complete contracting eliminates flexibility. Incomplete contracting may result in large transactions costs that dissipate profits. The creation of..
|
|
Upstream relates to downstream
: Use the market relates to vertically integrate as: "Upstream" relates to "downstream". "Transaction costs" relates to "agency" and "influence costs". c. "Buy" relates to "make".
|
|
Energy used by traditional incandescent bulbs
: LED light bulbs use only 20 to 25 percent of the energy used by traditional incandescent bulbs. Even if all consumers replace their old bulbs by the LED bulbs, do we expect that the arrival of LED light bulbs will decrease energy consumption for ligh..
|
|
Demand with perfect substitutes-utility function
: Problem associated with fourth video: demand with perfect substitutes Consider the following utility function u(x1, x2) = 2x1 + x2. Calculate the MRS for this utility function. Does it depend on x1 and x2. (b) Given an income m and prices p1 and p2 d..
|
|
Which ethical tradition best describes bills decision
: Which ethical tradition best describes Bill's decision to pay the client from his own funds? Did he approach the decision using a rules-based, virtue or relationship-based, or outcome-based approach, or a combination of approaches
|
|
Demand with perfect complements-what is slope of budget line
: Mar ´ia lives in the beautiful country of Inflationlandia. She earns 30 million pesos a month. She only consumes hamburgers and buns. The price of a dozen hamburgers is 2 million pesos and the price of a dozen buns is 1 million pesos. Graph her budge..
|
|
What is in a name of an ethics code
: Read Consider: What's in a Name of an Ethics Code? How does the title of a company's ethics document affect your attitude about the content? Is one title more attractive than another
|
|
What is the optimal consumption bundle for the workers
: All the workers in a factory have the same utility function u(x1, x2) = x1x2, earn the income of 12 and face the same prices p1 = 1 and p2 = 1. What is the optimal consumption bundle for the workers? What utility do they obtain?. Graph the indifferen..
|
|
Increasing transformation-utility function
: Problem associated with first video: Increasing transformation Consider the following utility function u(x1, x2) = x1x2. Calculate the MRS for this utility function. Compute and compare the MRS for the bundles (x1, x2) = (1, 2) and (x1, x2) = (2, 1)...
|