Question: Business Ethics Questions:
Why is ethical misconduct more difficult to overcome than poor financial performance? Do some stakeholders suffer more from ethical misconduct than from poor financial performance? Explain.
List three business problems, situations, or opportunities that you believe are ethical issues. Explain why.
The opinions of society, as expressed through legislation, can change over time and different courts and government legislatures may take different views about the acceptability of specific business activities. Why is this so? What business activity do you see changing as a result of the judicial or legislative systems?
Trace the ethical decision-making process. You may find it helpful to apply the model to a real business situation or to a hypothetical ethical issue you develop yourself.
Compare and contrast the two teleological philosophies: egoism and utilitarianism. Discuss the bases that each type uses to evaluate the morality of activities.
Compare and contrast the two moral philosophies: teleology and deontology. Discuss the bases that each philosophy type uses to evaluate the morality of a particular activity.