Business Ethics Focus on Merrill Lynch According to Laura Hartman and her co-writer, Joe Desjardins in the work entitled "Business Ethics: Decision Making for Personal Integrity & Social Responsibility" philosophical ethics may be clearly differentiated from theological ethics because theological ethics attempted to disseminate the well-being of an individual on a religious basis while the ethics of an individual's philosophy is such that provisions of justifications that can be applied to

Business Ethics Ethical Egoist- Egoism can be either descriptive or normative. Descriptive egoism holds that for each individual, there is only one ultimate aim -- survival and the betterment of the sole individual based on their own hierarchical principles. Normative egoism has the individual making claims about what should be done to do the "right" thing, rather than what one does. As well, ethical egoism insists that for an action to

The less direct the impact, the more likely the stakeholder is to use consequentialist considerations to just the actions of managers. For example, government did not react to the need for improved governance and pass Sarbanes-Oxley until after multiple scandals had occurred. Millions of Americans lost money and faith in the financial system was eroded, threatening further harm. If the scandals had not resulted in outcomes so severe, it

For example, AIG got into a lot of trouble during the Great Recession because it was paying retention bonuses so that people about to be laid off would stay on but this was controversial because AIG got bailed out by the federal government. Even though the bonuses were contractually obligated and evne though they served a specific purpose, the vitriol and invective was toxic. This despite the fact that

Business Ethics Timmon's Manufacturing Company employee Don Carmen was used by DeVito Management Consultants as part of a time study in the painting of a new product. That time study will be used to establish the labor time standard for the next 6 months. Don was aware that he was being used in the time study, so he slowed his pace in order to obtain a labor time standard that would

However, the issue is more nuanced -- what if, as a humanitarian effort, a pharmaceutical company sold recently expired drugs at very low cost to an impoverished developing nation in the grips of an epidemic? What if a food company donated food that was safe but 'past its expiration date' to a famine-stricken nation? In this case, a utilitarian calculus would support such exchanges. The balance between the benefit of