Camenisch’s view is that the goods and services are the center of the business ethics for they promote the profit. However, the goods and services must be in the interest of all persons and all future generations of people. Business should not use resources irresponsibly at the risk of leaving nothing for others. It should be the focus of business ethics to interact within society while enabling “its members to flourish, specifically that part which deals with the provision if the material means for sustaining and enhancing life.” (p. 288) D. W Haslett’s argument is that inheritance is unjustified. Wealth is the accumulation of money that is passed on to future generations which is different from income which is the money earned in one’s lifetime.
* What are the legal requirements? * Didn’t break any laws, related to him applying company funds towards personal use even though his act was solely beneficial to himself alone. What are the ethical duties? * Maintain price-competitive markets will ensure that scares resources are used to optimally satisfy consumer needs. * Pareto Optimality wasn’t obtained because maximum benefits of most wanted goods and services produced at minimum cost of least wanted resources.
Assess the impact of conservative parties and elites on German politics in the period 1918-1934. Conservative parties and elites had a significant impact on German politics in the period 1918-1939. From the establishment of the Weimar Republic to the beginning of Nazi power, conservative parties and elites have had a strong influence on German politics. These conservative parties and elites were primarily right-wing nationalists, who either just tolerated or rejected the idea of democracy. However despite this, these conservative elites had both positive and negative impacts on German politics.
CHAPTER 2 QUIZ 1 | Which of the following best describes a company that follows the inherence theory of social responsibility? | a. | Managers are responsible to shareholders, but serve them best by being responsible to larger society. | | | b. | Managers answer only to shareholders and act only with shareholders interests in mind.
Because of this, the modern definition of 'family planning' has lead to some controversy amongst politicians within America. For example, the Republican Party are ideologically conservative, meaning they are a political party which aims to preserve traditional cultures and fashions, for example Christianity being taught throughout all schools. Because Christianity is often seen as the countries' traditional and original religion, republicans argue that Christianity is closely associated with American identity, therefore the eradication of it being taught compulsory within schools is against traditions. For the same religious reasons, the Republicans disagree with family planning schemes such as abortion,- the Republican Party would normally disagree with abortion as it goes against the Christian teaching known as the sanctity of life. This is the traditional teaching taught by the church which explicitly states that all human life is sacred, and so is to be protected by all Christians.
A monopoly is where you can set prices almost everywhere you want, and there is no other competition. This is referred to as predatory pricing, where companies charge a price lower than production costs. These companies believe their competitors can’t afford the loses. Cable companies don’t worry about competition due to the protection they enjoy from the government. The cable companies get away with this by claiming they do not have competition, cities award them the contract by providing coverage, even though they may not have the lowest price.
4. The role of the government is limited. - To see the rules of the game - Enforce property rights - Provide public goods Next we have Adam Smith and his invisible hand. It states the everyone should be free to sell and buy whatever they like the government shouldn’t block out or interfere with the market. Also states the companies would keep the
Jess Seng Mr.Nassida AP History 15 April 2012 Liberal or Conservative Liberals and Conservatives have some really unique qualities to them. Liberals tend to lean more towards Patriot ideals such as the rejection of nobility and organized religion, as well as the right to life, liberty, and property. Conservatives, like the Tories, believed there should be minimal, gradual change in the country and they supported monarchies. FDR and Hoover might not show signs of all these things, but the main ideas of each still linger in today’s political parties. The idea that Hoover was a Conservative and FDR a Liberal are in fact completely correct.
Public interest groups are probably the most selfless groups since they do not really focus on achieving goals that affect their members alone. Examples could be civil rights and liberties groups. Economic interest groups are basically involved in promoting the economic interests of members within their groups. Unlike public groups, economic groups tend to focus only on their members; whether it is to make profits for themselves or to obtain economic benefits. As stated in the first paragraph, public action committees are legally authorized groups with the main purpose of raising funds for contributing in a few ways such as campaigning or to political parties.
This strand of liberalism holds that democracy will rarely engage in conflictual behavior with one another. The Clinton administration's policy of "engagement" was designed to spread democracy, this in hopes that future conflicts might be avoided because democracies do not engage in conflict with each other.