Response assignment

User Generated

Sze_1

Business Finance

Description

use one of the sub-sections NOT discussed in class (specific sub-sections will be designated as "available" for this assignment), answer the questions presented in the text at the end of the selected sub-section.

Provide a brief narrative that summarizes the facts of the sub-section chosen and highlights the ethical challenge presented. Answer the questions presented, and analyze the issues of the facts and questions in the sub-section.

Submit your answer and analysis, be certain to provide support for your answers and analysis with sources beyond your own experience in APA format (cover page, running header, page numbers, in-text citations, references, all double-spaced and in Times New Roman font).

Your submission should be at least 6 pages total (cover, four-plus pages of text answer & analysis, reference page).

Unformatted Attachment Preview

1 The Limits of Responsibility “Hey, Mark, bring me one of those cigars,” you shout, pouring your- self another steaming cup of coffee. You, Frank, Mark, and Ted had been coming to your lake cottage every Thursday night for the last ten years. Located just thirty minutes from Middleville where you all live, it is a great place to get away. Who says middle-aged men can't have their own clubhouse? Sometimes you drink tea and soft drinks; other times you and the boys might have a cou- ple of beers. When it was cold, hot coffee tended to be the preferred drink. Whatever the beverage of choice, your evenings together always culminated with the four of you smoking cigars and talking about what- ever came to mind. On this particularly cold February night, you perked, drank, smoked, and talked. "My real estate business has been mighty good to me,” you say. “My wife and children are healthy and happy. I've got a lot to be thankful for.” "I'll second that thought,” Mark echoes. “My hardware store has held its own, and Sue has recovered from her surgery.” Ted, a successful local attorney, reflects on his past year of getting through a difficult case and being able to breathe again. It has also been a pretty good year for Frank, a third-generation cattle farmer. You continue, “You know, I've been thinking about those homeless folks on the streets this winter. Seems like there are more of them than ever before. And that piece in the paper about the need for a women's shelter. I've been wondering if, with me being so fortunate, maybe I ought to see about helping those folks in some way.” Casually blowing spiraling smoke rings, Mark replies, “God helps those who help themselves.” Frank chimes in, “Don't go getting bleeding-heart liberal on us, Rick. I'd like to see some of those homeless men out on my farm working like I do. Besides, everyone knows a lot of the homeless are just lazy—and as for the women's shelter, they need to take shelter in their own homes and be good mothers and wives.” “I don't know," you reply. “It's awful cold out there. Everyone's not as lucky as we are. I've been thinking about calling Jenny Andrews, the 83 84 Section Three community director of social services, to see if she could use a couple of my empty buildings downtown." Relighting his cigar, Ted compliments you for your charitable atti- tude and adds, "Just remember, Rick, the downtrodden have to want to help themselves. And no matter how many you help, there are always others to take their place. Besides, you need to consider liability issues. No matter how good your intentions are, some people will sue you at the drop of a hat." "Maybe so, but it seems like we ought to do our part and give some- thing back to our community,” you protest. "We do,” Mark replies. “We pay taxes and give to charities like the United Way and March of Dimes.” "Come on, Rick, lighten up," Frank chides. You smile sheepishly, “OK, but is there something else we could do?" QUESTIONS FOR DISCUSSION 1. Does Rick have a point, or should he just let human service agencies take care of problems associated with homelessness or victims of abuse? 2. How might citizen involvement proactively help police with issues regarding the homeless and abuse victims? 3. Do those of us who are financially comfortable have a duty toward others? If so, what is that duty?
Purchase answer to see full attachment
User generated content is uploaded by users for the purposes of learning and should be used following Studypool's honor code & terms of service.

Explanation & Answer

Attached.

Running Head: ECONOMIC INEQUALITY

1

Economic Inequality
Name
Affiliation

1

ECONOMIC INEQUALITY

2

Introduction
History of past and modern societies has long indicated the existence of economic
disparity in various contexts. Thus it has been described as a natural phenomenon in the markets
of any given economy where wealth accumulated by either individuals or states is based upon
the numerous talents of the individuals and attitudes towards works. In the academic context, it is
often argued that increase in inequality in a given community negates a negative impact on the
working of capitalist based economies that created huge benefits to governments and individuals
globally (Ste´phane et al. 2015). On the same plane is the view that economic inequality
misplaces the whole context thus evading the real issue of poverty. Consequently, the question of
inequality in itself is independent and what influence do individuals have towards this socialeconomic aspect. This paper analyses economic inequality in the eyes of four average citizens
and their role in decreasing this gap.
The four individuals are described to have more than comfortable lives. All are self employed; their ventures in capitalist system are successful together with their families. The
individuals can thus be described as wealthy since they display the power distance belief and
charitable giving ideologies. In this case, the power distance belief is shown through their
mannerism as well as their opinions. The context offered offers an observation that this person
can afford leisure time at their own expense through their own established hierarchies they are
prospering. Power distance belief is not purely psychology in this ...


Anonymous
Really helpful material, saved me a great deal of time.

Studypool
4.7
Trustpilot
4.5
Sitejabber
4.4

Related Tags