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Business Finance

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Four to Five pages

1.What is the distinction(or the relationship) between pollution and resource depletion? What are the most important types of pollution (text)? What harmful effects does each form have on our lives, health, and economic well-being?

2.What are the prospects for continued economic growth? What ethical problems pertain to continual growth?

3.What is the market approach to consumer protection? In what ways does it fall short of completely protecting consumers?

4.How does the social costs view extend the due care theory and the contract view? Why do its critics say that the social costs view is unfair? Are their arguments persuasive?

5.Why, according to the utilitarian view, is discrimination? What are the justice-based argument against it? What kind of employment practices are clearly discriminatory?

6.Describe and compare Equal employment opportunity with affirmative action as it applies to business firms.

7.Why should employers care about their employees' level of job satisfaction? Why are modern employees increasingly unsatisfied with their jobs? What can be done to improve their degree of satisfaction?

8.Why do employees have the right to unionize and to strike? what explains the lack of power of modern unions? What are the effect of the dwindling numbers of union employees in the U.S.?

9.Explain Gary Becker's views on crime and punishment.

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Managerial Ethics and Social Issues University of Massachusetts Boston R. Anzenberger, Final Exam (2018) Part 1 (40%) Directions: Answer all questions in a full and complete manner. Answer each question one by one, typing your 5 to 1 full page responses to each individual question. Turn in your answers to this take home part of the exam at the time of the final exam (hard copy only). (-10% per day penalty for late submission of Part 1 of our exam). 1. What is the distinction (or the relationship) between pollution and resource depletion? What are the most important types of pollution (text)? What harmful effects does each form have on our lives, health, and economic well-being? 2. What are the prospects for continued economic growth? What ethical problems pertain to continual growth? 3. What is the market approach to consumer protection? In what ways does it fall short of completely protecting consumers? 4. How does the social costs view extend the due care theory and the contract view? Why do its critics say that the social costs view is unfair? Are their arguments persuasive? 5. Why, according to the utilitarian view, is discrimination in the workplace unethical? How do rights theorists argue against discrimination? What are the justice-based arguments against it? What kinds of employment practices are clearly discriminatory? 6. Describe and compare Equal Employment Opportunity with Affirmative Action as it applies to business firms. 7. Why should employers care about their employees' level of job satisfaction? Why are modern employees increasingly unsatisfied with their jobs? What can be done to improve their degree of satisfaction? 8. Why do employees have the right to unionize and to strike? What explains the lack of power of modern unions? What are the effects of the dwindling numbers of union employees in the U.S.? 9. Explain Gary Becker's views on crime and punishment.
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Running head: BUSINESS ETHICS

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Business Ethics
Student’s name
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BUSINESS ETHICS

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1. What is the distinction (or the relationship) between pollution and resource
depletion? What are the most important types of pollution (text)? What harmful
effects does each form have on our lives, health, and economic well-being?
Pollution and resource depletion are two of the greatest threats to the environment. While
pollution refers to the undesirable and unintended contamination of the environment by human
activities, such as manufacturing, waste disposal, and burning fossil fuels, resource depletion
refers to the consumption of finite or scarce resources. The relationship between pollution and
resource depletion exists in that through pollution, there is widespread contamination of air,
water, and other natural resources including land. This leads to a diminished benefit that these
natural resources have to humans. Continued pollution leads to impacts such as climate change,
land degradation, soil erosion, nutrient depletion, and water scarcity and salinity. The cumulative
effects of these changes threaten food security, biodiversity, and carbon fixation and storage.
From the textbook, air pollution, water pollution, and land pollution are the most important types
of pollution. Air pollution leads to global warming, Ozone depletion, acidic rain, and airborne
toxic which have contributed to an increased loss of agricultural activity and health issues such
as asthma and cancer among others. Water pollution, on the other hand, is attributed to an
increase in waterborne diseases and the destruction of the aquatic ecosystem while land pollution
is associated with human contact with hazardous materials and metals.
2. What are the prospects for continued economic growth? What ethical problems
pertain to continual growth?
There are many prospects associated with continued economic growth. One of the advantages of
continued growth is the reduction in unemployment. Continued economic growth is associated
with higher output and positive economic growth, which in return leads to increased job

BUSINESS ETHICS
opportunities reducing the overall rate of unemployment. Other than this, continued economic
growth also leads to higher income which translates to the overall improvement of the quality of
life. Through increased economic growth, overall taxes increase which in return increase
government spending. This in return improves the quality of life since governments can spend
more ...


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