Ethics and Decision Making and dealing with Fair Trade, business and finance homework help

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NJrore2013

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Hello, I have falling a bit behind and need help. The paper must be at least 350 words minimum. There is an attached PowerPoint presentation that must be used and a reference in the attached rubric that must be used. Please use these resources as part of the assignment. Any help would be greatly appreciated! Thank you so much!!

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Ethical Theories An Overview of Consequential, Nonconsequential, and Virtue Ethics Theories What is Ethics? • Ethics is the study of those values that relate to our moral conduct, including questions of good and evil, right and wrong, and moral responsibility. Consequentialist Theories • Consequentialist theories claim that the morality of an action depends only on its consequences. • It only considers the result of actions and not principles or rules in determining morality. Types of Consequentialist Theories • Ethical Egoism argues that each person should act in their own self interests. • Act Utilitariansim argues that each person should act in a way that produces the greatest happiness for everyone. • Rule Utilitarianism argues that each person should follow rules that tend to produce the greatest happiness for everyone. Weaknesses of Consequentialist Theories • Requires person to predict the future and all possible outcomes. • Can easily be used to justify questionable actions (the ends justifies the means). Nonconsequentialist Theories • Nonconsequentialist theories claim that the morality of an action depends on principles or other factors that are not related to consequences. Types of Nonconsequentialist Theories • Divine command theory argues that we should obey the laws of God. • Kant’s Categorical Imperative states that we should always act in a way that is based on reason, duty, and would be considered ethical if everyone acted in the exact same way. Also, people should be treated as an ends and not as a means. Weaknesses of Nonconsequentialist Theories • Divine Command requires a high degree of interpretation skills. • Variety of religions makes standards hard to develop for all. • Can be rigid and ignore outcomes Virtue Ethics • Virtue ethics seeks to identify character traits of a moral person and develop those with the idea that the virtuous person will act in a virtuous manner. It does not look to principles or consequences. • Virtue ethics was developed among the ancient Greek philosophers such as Aristotle and Confucius. • Virtue ethics enjoys modern support as an approach that avoids many of the problems with Consequential and Nonconsequential ethical theories. Weaknesses of Virtue Theory • Difficulty in determining just which characteristics are virtues • Justification for respecting a virtue usually brings one back to either consequences or principles. • Difficulty in applying to specific situations. Conclusion • One theory is not enough to cover all possible choices. • Theories can be synthesized to fit one’s philosophy of life. • One theory’s weakness is another’s strength. Unit 4 [ 220: Global Business ] Assignment Details and Rubric Working with your Zip-6 Scenario: Ethics and Decision Making Zip-6, like other beverage companies, uses cola nuts that are sourced from buyers or distributors who purchase these from local small farmers in lesser developed countries. Recently, Ravi received a letter from a human rights group alleging that some of these local “buyers” were unfairly compensating the small growers for their crops and urging Zip-6 to only purchase “Fairtrade” certified ingredients for use in their products to ensure that these small growers receive a fair price for their crops. Some Zip-6 managers have pointed out that Fairtrade cola nuts are somewhat more expensive although they represent only a small component of the product cost. Ravi is considering this carefully since Zip-6 has long-established relationships with some of these buyers. Checklist: You are advising Ravi; after reviewing the supplemental Ethics PowerPoint Presentation and learning about Fairtrade at: http://www.fairtrade.net/ Copyright ©2011 Fairtrade Labelling Organizations International, e.V. Respond to the following in an informative essay: 1. Which of the specific ethics approaches below would you recommend to guide him in his decision making regarding what to do about the buyers’ compensation to small growers and possible change to Fairtrade cola nuts, and why? Philosophical Approaches to Ethics (choose one): Consequential, Nonconsequential, and Virtue Ethics Theories 2. How would you advise Ravi to respond to this request from the human rights group? Explain. Draft your response addressing these points in 350 words or more in APA format and citation style with a separate title and reference page. All papers must have a proper cover page, be written in informative essay form (paragraph) and be properly cited. Label your file as: FirstName_LastName_Assignment_Unit#. Submit your completed file to the Dropbox before the end of the unit. Unit 4 Grading Rubric Category Description Weighting Possible Points 40 Points Earned Content If you were advising Ravi; after reviewing the supplemental Ethics PowerPoint Presentation and learning about Fairtrade at: http://www.fairtrade.net/ Copyright ©2011 Fairtrade Labelling Organizations International, e.V. Respond to the following in an informative essay: Answer provides correct and complete information demonstrating critical thinking: Checklist: • Which of the specific ethics theories would you recommend to guide him in his decision making regarding what to do about the buyers’ compensation to small growers and possible change to Fair trade cola nuts and why? 80% 20 Philosophical Approaches to Ethics (choose one): Consequential, Nonconsequential, and Virtue Ethics Theories • Grammar and Mechanics How would you advise Ravi to respond to this request from the human rights group? Explain. Writing, spelling, grammar, in APA format and citation style with 350 words minimum), plus a title and reference page. Additional Instructor Comments: 12 20% 8 Total: 100% [40] Possible Points [ ] Points Earned
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Attached.

Ethics and Decision-making -Outline
Thesis Statement: Consequential theories, as the name suggests, attach the consequences of an
action to its ethical value, meaning that the morality relating to an action depends on the
consequences of the action.
I. Introduction
II. Ethics theories
III. Non-consequential approach
IV. Advice to Ravi
A. Principles
B. Fair trade initiative
V. Conclusion


Ethics and Decision-making -Outline
Thesis Statement: Consequential theories, as the name suggests, attach the consequences of an
action to its ethical value, meaning that the morality relating to an action depends on the
consequences of the action.
I. Introduction
II. Ethics theories
III. Non-consequential approach
IV. Advice to Ravi
A. Principles
B. Fair trade initiative
V. Conclusion


Running head: ETHICS AND DECISION MAKING

Ethics and Decision Making
Name
Institution

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ETHICS AND DECISION MAKING

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Ethics and Decision Making
The subject of ethics addresses the code of conduct, moral consideration, and behavior in
carrying out activities. In our subject, ethics relate to how individuals, ...


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