Understanding Business
12th Edition
ISBN: 9781259929434
Author: William Nickels
Publisher: McGraw-Hill Education
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- Which of the following step considers as the third step in the ethical decision-making process? Name the affected stakeholders Identify the consequences Check your gut Consider your characterarrow_forwardSince Zoom has problem especially with its lack of security and sharing personal data, who do you perceive to be ethical or unethical? Explain what motivates them to be unethical and under what circumstances (if any) is it justified?arrow_forwardWhy is it important for someone who is a business owner or supervisor to understand systems of ethical decision-making that differ from their own?arrow_forward
- Ethical codes serve as the moral compass guiding individuals and organizations in navigating the complexities of ethical decision-making. These codes are rooted in fundamental principles such as integrity, honesty, fairness, and respect for others. They provide a framework for behavior and decision-making, ensuring that actions align with ethical values and principles. In professional settings, ethical codes outline the responsibilities and obligations of individuals towards clients. colleagues, employers, and society at large. For example, in healthcare, etifical codes dictate the duty of healthcare professionals to prioritize patient well-being, maintain confidentiality, and uphold the highest standards of care. Similarly, in business, ethical codes emphasize integrity in dealings with clients, suppliers, and competitors, as well as social responsibility and environmental sustainability. Ethical codes are not merely abstract guidelines; they are practical tools that help individuals…arrow_forwardIs virtue ethics concerned with consequences, rules or character traits? Do they focus on how a person should act or how they should bearrow_forwardPlease help!Discuss the application of the following ethical theories/principles to public health. Provide recent examples within the field of public health which are consistent or inconsistent with these principles:UtilitarianismDistributive JusticePaternalismSelgelid (2009) wrote: âWhile public health ethicists often claim that the least restrictive alternative should be used to achieve the public health goal in question, I argue that a plausible but under-recognized idea is that the least restrictive alternative might sometimes involve improvement of global health via redistributive taxationâi.e., rather than coercive social distancing measures.â What did he mean by this? Provide arguments for and against his positionAssignment ExpectationsLength: Case assignments should be between 3 to 4 pages (750-1000 words) in length.References: At least two references must be included from academic sources (e.g. peer-reviewed journal articles)arrow_forward
- How can an employee take an ethical stand regarding a bussiness decision when his or her superior already has taken a different postion?arrow_forwardOur ability to make free and rational decisions, which grants each person essential dignity and moral worthiness, is: personal integrity. virtue. autonomy. theoretical reasoning.arrow_forwardIdentify a true statement about moral standard?arrow_forward
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