will outline and explain ethical theories and then apply that knowledge to how
organizations would function were they to adopt those ethical principles. In
addition, you will also examine punishments for corporations and present your own
ideas about the relationship between ethical demands on business entities vs.
those on individuals in society.
this assignment you will reflect on the topics of Week One and apply them to an
analysis of ethical paradigms. You will be asked to respond to two prompts
below. The first asks you to explain three of the ethical philosophies you
encountered in Chapter 1 of Introduction
to Business Ethics, and then determine how companies that abide by these
policies would act. In the second prompt, you will be asked to explain various
punishments that can be given to corporations and the behaviors that are
ethically dangerous to corporations.
answer all questions in detail. Because this journal is worth 5% of your final
grade, there is a high expectation for your participation. Grades for the
journals are based on content, critical engagement, quality of reflection, and
detail. Please submit the completed journal via the Assignment Basket found in the
Week One Journal tab on the left navigation toolbar by Day 7.
Select a Not-For Profit and a For
Profit organization you would like to study. These will be the organizations that you will be focusing on throughout
the course so be sure to choose organizations that you find interesting and
that you think will be engaging as you learn about the ethical climates of
Place the Name of the Not-For-Profit
Place the name of the For-Profit
Please think about and answer the
following prompts. These reflections will not be graded on grammar and syntax,
but on the depth of critical reflection and the analysis that composes your
answers. Utilize this space to gather information and notes that you think will
aid in your analysis of business ethics.
Reflection Prompt #1
Summarize three of the ethical
theories that are explained in Chapter 1 of Introduction to Business Ethics. Explain how people running businesses would construct
their companies if they utilized these ethical theories. For example, you might
personally think that people should act to increase the overall happiness for
the greatest number of people (utilitarianism). You would explain
utilitarianism and then explain how a company based in utilitarian ethics would
function. In other words:
products would they make?
would they treat their employees? How would they treat their customers?
would they manufacture their products?
would they utilize their resources and profits were they to become
Reflection Prompt #2
Analyze three of the punishments
that corporations undergo when they have acted unethically (i.e., name them, define
them, explain what they are). In addition, explain three threats to running an
ethical corporation. Finally, from your own perspective, explain whether or not
a corporation should have to function by the same codes of morality that
individual people in society have to abide by or if they should be allowed to
get away with certain actions that people in society cannot get away with.