Business Finance Homework Help

Business Ethics

Read Chapter 1 of Moral Issues in Business and watch the following videos. After doing so, answer each of the following questions. The links to the videos are provided below.

https://www.youtube.com/watch?v=jrEf8uabe7E

https://www.youtube.com/watch?v=wzicXbnmllc

https://www.youtube.com/watch?v=Iw7IxEulCik&t=1s

https://www.youtube.com/watch?v=OxiAikEk2vU&t=1s

https://www.youtube.com/watch?v=dQZ5FzdfXcU

https://www.youtube.com/watch?v=51pMod2Aaso&t=5s

1. Explain how the case of Enron shows a need for ethics in business.

2. Define Ethics, Business Ethics, Business and Business people.

3. Explain the difference between Moral Standards and Etiquette.

4. Explain Statues, Administrative Regulations, Common Law, and Constitutional Law

5. How can something be moral yet no legal and vice versa?

6. What is a professional code of conduct?

7. What is Divine Command Theory?

8. What are the inherent problems of Divine Command Theory as demonstrated by the Euthyphro dilemma?

9. Explain the argument for Divine Command Theory provided by Dr. Craig.

10. What is Ethical Relativism?

11. What are the inherent problems associated with Ethical Relativism?

12. What is Carr’s poker analogy to Business Ethics, and what are the inherent problems associated with it?

13. What is Conscience, and what are the limitations associated with it?

14. What is Self-Interest, and what is Rand’s argument for the embrace of it?

15. What is the Paradox of Hedonism?

16. Compare Morality in the Narrow Sense vs. Morality in the Broad sense.

17. What are some of the difficulties associated with exercising Individual Integrity and Responsibility?

18. What are Valid, Invalid, Sound, and Unsound arguments

19. What is the relationship between Logic and Morality?

Discussion Board 1

In Chapter 1, we learned that Morality and Legality are not always the same. While ideally the two should synchronize, we often find that they do not. When discussing the implications of dumping in case study 1.1 for example, there are instances in which dumping might be technically legal, but is this a morally acceptable practice? Read case study 1.1 and discuss the Morality of dumping. As you do, think about some of the ethical theories that we learned about in Chapter 1, and discuss how this practice might be perceived in light of those theories. For example, how might an Ethical Relativist view such a practice vs. a subscriber to Divine Command Theory?