Business ethics Essay Example for Free

Business ethics Essay There is no singular definition of knowledge, but for the purpose of this paper; knowledge will be defined as the familiarity with a situation or fact. Ethics, on the other hand, is a set of moral principles that govern a person’s behavior. Simplifying the knowledge issue would be to state that: The familiarity of something (whether a fact or situation) entails compliance with ethical or moral obligations. In disagreement with the previous claim, I believe that the possession of knowledge does carry an ethical responsibility. In a paper written by Steven Pinker, otherwise known as â€Å"The Moral Instinct†, he suggests that morality has a metaphorical switch. Stated as the â€Å"moralization switch†, Steven Pinker suggests, â€Å"Moralization is a psychological state that can be turned on and off like a switch, and when it is on, a distinctive mind-set commandeers our thinking. † Much like light switches, moralization switches may be turned on and off. When the moralization switch is turned off, the reasoning for doing something (moral or amoral) changes, rather than being a matter of virtue, it becomes a matter of practicality or personal reasons. Different people may have their moralization switches turned on or off in the same scenario. An example of this is â€Å"loving thy neighbor†. One may express his love for his neighbor because it is in accordance to the Ten Commandments, which he/she truly believes in; while another person may also express love toward his neighbor purely because there is something to gain from it. Steven Pinker, in his paper, states that morality is under assault. This could be in line with a conclusion formulated by David Couzens Hoy, a renowned professor of philosophy, based on the works of Emmanuel Levina (a French philosopher) who believed that â€Å"responsibility precedes any objective searching after the truth†. David Couzens Hoy concluded that there has been an ethical turn. He now defines ethics as â€Å"obligations that present themselves as necessarily to be fulfilled but are neither forced on one or are enforceable†. Despite the fact that ethical obligations are optional, the general population comes to a consensus about moral concepts such as the difference between right and wrong. It was theorized by, anthropologist, Donald E. Brown, in his work â€Å"Human Universals† that things such as the concept of distinction between right and wrong have no exceptions in normal human beings. This, along with the concept of fairness, accounts for the decision of most people to maintain a certain ethical standard and responsibility. The defiance of the ethical code of conduct that is universally accepted would either be recognized by the doer as wrong (and would most likely be punished), or would be a result of a mental disorder (such as psychopathy or moral blindness). This is why a person convicted of murder is given less harsh punishments if known to have a psychological disorder, otherwise known as being mentally unfit. The fact that they have mental disorders means that they are exceptions to this rule of thumb. The moral blindness does not allow for a coherent view with the universal morality that the rest of the world follows. The reason why the world is in chaos is because showing ethical responsibility is a choice. Harvard Psychologist, Marc Hauser, argues that millions of years of natural selection have molded a universal moral grammar within our brains that enables us to make rapid decisions about ethical dilemmas. There is a universal perception of the difference between right and wrong, but the choice to do either right or wrong is situational. It takes something as simple as personal advancement or an impulse to do something immoral. This is why the possession of knowledge carries an ethical responsibility. A cliche goes â€Å"with knowledge comes power†, which is why knowledge requires ethical responsibility. The same kind of knowledge may be used for great good or bad, and the choice of what to do with it lies in the hands of the one that possesses the information. This shows the possible threat that knowledge has. It could be used to harm humans. The moralization switch could spell the difference between life and death in the hands of the possessor. Jon Stuart Mill’s Principle of Utilitarianism states the ethical theory that one should maximize the over happiness and satisfaction, and aim for the greatest happiness for the greatest number of people. Exemplifying ethical responsibility, according to this principle, would entail using the familiarity with facts or information for the betterment of the majority. It is possible, however, that personal advancement is genuine happiness, and this could instantaneously shroud one’s moral mentality. It is only the sense of morality that is universal, not being moral itself. Selfish acts, which are almost always immoral or amoral are means by which people could attain happiness for themselves. This could override the choices that one makes, despite the innate ability to tell between moral and immoral. An example of this is insider trading. In the world of finance, one can win big and lose big. Insider trading is a form of immoral acts that go against ethical responsibility by using knowledge for personal advancement, while simultaneously hurting others. The end, which is money, would justify the means (which is unfairly using information for the advancement of oneself and the decline of others). Knowledge on matters may have little effects, and global effects. They may severely affect others while greatly benefitting a select few, or cause the happiness of majority of society. The end, or effect, would be a result of one’s choice on what to do with the knowledge that he has. It is therefore crucial for people to be moral. The effect of the exploitation of knowledge is limitless and can work both ways, which is why one must be ethically responsible and just.

Toys R Us and Subsidiaries Essay -- GCSE Business Marketing Coursework

Toys R Us and Subsidiaries Running Head: Toys "R" Us Financial Analysis Note: Consistent with the financial report, all amounts are expressed in millions except per share data. Ernst & Young, LLP, independent auditors for Toys "R" Us Inc. and Subsidiaries issued an unqualified opinion on the company’s financial statements as of February 1, 1997 and on the consolidated results of operations and cash flows for the three years ending February 1, 1997, February 3, 1996 and January 28, 1995. The report by the independent auditors and their issuance of an unqualified opinion serves to provide reasonable assurance to stockholders, management, regulatory agencies and the public, that the financial statements are materially correct. Materiality is interpreted to mean that there are no unrecorded adjustments which would impact the decisions or opinions of the readers of these financial statements. The inclusion of the auditors’ report in the year-end financial report lends credibility to the presentation and allows the users including investors and potential investors to rely on the information as presented. Common Stock & Treasury Stock The company does not have preferred stock and has not declared or paid dividends on its common stock. As of February 1, 1997, Toys "R" Us, Inc. and subsidiaries had authorized 650 shares of par value $.10 common stock, of which 300.4 shares were issued. 12.6 shares were held in treasury stock leaving 287.8 shares issued and outstanding. The book value of the common stock issued and outstanding was $14.56 which is down from February 3, 1996 at which time the book value was $18.8. The total paid-in capital for common stock was $ 518.8 as of February 1, 1997 and $572.8 as of February 3, 1996. The average price per share received by the company for all common stock issued since inception of the corporation as of February 1, 1997 was $ 1.73. Ratio Analysis "There’s a saying that the nice thing about standards is that there are so many of them to choose from." (Maciag, 1998) It is important to choose carefully the ratios to be analyzed to be sure that there is relevance between the data and the conclusions drawn from it. When choosing industry standards, it is important to select like industries with commonalties that support comparison of results. It would not be appropriate to compare the financial statement of t... ... beating the industry averages for inventory turns. In addition their receivables consistently exceed industry standard by a significant amount. References Enhanced Analytics. (May 16, 1999). S&P Personal Wealth. Available: http://www.personalwealth.com. Industry Info. (May 16, 1999). S&P Personal Wealth. Available: http://www.personalwealth.com. Maciag, Gregory, A. (April 13, 1998). A wake-up cal for industry standards. National Underwriter. P29. Meigs, Robert F.; Williams, Jan R.; Haka, Susan F.; Bettner, Mark S., (1999) Accounting. p 619. Mills, John R.; Yamamura, Jeanne H. (October 1998). The power of cash flow ratios. Journal of Accountancy. V186 n4 p53(7). Stocksheet: Media General Quick Source Data-One Wev Page—Toys R Us INC. (5/16/99) Available: http://www.stocksheet.com. Thomson Investors Network Company Report: Toys "R" Us Inc. (5/15/99). Available: http://www.thomson.com. Vital Stats. (May 16, 1999). S&P Personal Wealth. Available: http://www.personalwealth.com. Wallstreet Research Net Report: Toys R Us Inc. (May 7, 1999). Available: http://www.wsrn.com. Berry, Donna Gorski. (Mid-Oct 1998). Mouths of the millennium. Dairy Foods. 73.74.

Indigenous Communities In Australia Health Health And Social Care Essay

Autochthonal communities in Australia are those communities that are said be the original dwellers of the Australian continent and the adjacent Islands. They are referred to as either Aboriginal or Torres Strait Islanders and do up merely 2.7 % of the Australian population. This community has diverse sub folks each exposing alone imposts, linguistic communication and civilization. Although the autochthonal community has lived longest in Australia, they are said to be the group that least enjoys proper wellness attention. The life anticipation among this group is 59.4 for work forces and 64.8 for work forces while maternal and child wellness attention bing in this community reflect that of the remainder of Australia during the 1920s.Although baby mortality has improved it is non the same as that reflected by remainder of Australia ( Barraclough, Gardener 50 ) . The greatest factor other than political relations that has been blamed for hapless proviso of wellness attention to the Aborigines is cultural chasm between the service supplier and the consumer. One must retrieve that the natives hold tight to their civilizations and their perceptual experiences on medical conditions are advised by their cultural beliefs. Traditional Aboriginal wellness theoretical accounts are determined by their â€Å" dreaming † patterns. Such theoretical accounts are holistic and both physical and mental unwellnesss are penned to the evildoing of any facet of jurisprudence. There forward those medical practitioneers who does non understand the beliefs of his Aboriginal patients might stop up being uneffective in their work Although the Australian authorities has for old ages attempted to supply better attention to the autochthonal community, it was n't until 1995 that a web of autochthonal wellness workers was formed in order to excite wellness attention activities. This web whose formation was facilitated by the â€Å" Australian Centre for Health publicity † helped in placing the preparation demands for those medical practitioneers working among the autochthonal communities and proviso of informed services to this community ( Funell, Koutoukidis and Lawrence117-119 ) . Through the Frame work for â€Å" Aboriginal and Torres Island Health partnership † , the Australian authorities has made a committedness to portion duties with the Aboriginal wellness practicians, provide long term support, just entree to wellness attention, and proviso of mainstream services that contribute to the betterment of Aboriginal wellness. It has besides committed itself towards the proviso of financess that are equal to the autochthonal people wellness jobs, credence of autochthonal services where mainstream wellness attention is unequal, better coordination of medicine activities among the Aborigines and the development of a proper information base to be used in supervising the wellness processes among this communities. Despite the authorities committedness, the Aboriginal societal constructions and autochthonal cognition and constructs is non clearly articulated in the Australian Policy on autochthonal wellness. The success of nurses within the wellness sector will depend on a model guided by recognition of diversenesss, regard and trust. In kernel there forward, apart from medical cognition for those working among the Aboriginals there is a demand for accent in accomplishments on development of trust, better communicating accomplishments advised from the civilization of the autochthonal people, understanding of 1s civilization and its differences with others, dialogue for patient ‘s information and understanding how civilization daze works. This attack will assist contend cases racial favoritism in infirmary where some nurses are treated incorrect by the patients or their co-workers due to different racial beginnings. The autochthonal wellness enterprises have led to constitution of webs and partnerships and diverse methods of conveying wellness publicity information. It has besides included input from the autochthonal communities in planning and execution of wellness plans and in preparation and production of resources needed for improved health care to this group. However there is a demand for a plan that will increase interaction with mainstream wellness sector for unvarying proviso of medical services. Report 2 – Health and illness issues related to immigrants Harmonizing to the ABS study of 1989 1 in every five Aussies was an immigrant. But the phenomenon is common in this continent which has welcomed Anglo-Celtic immigrant since 1788.Recently though there has been an inflow of immigrants from Asiatic and other European states. These Asians migrators and others who have troubles seting to the Australian manner of life are normally referred to as â€Å" cultural immigrant † . These people come from really different civilizations from that of Australians and their cultural perceptual experience has challenged the wellness sector in their intervention. The above challenges stem from hard in interaction with these cultural communities due to their cultural backgrounds and a concern with the happening of diseases particularly mental 1s among the refugee population. Studies into mental morbidity among the refugees has led to combative consequences since it depends on the psychiatrist diagnosing of the status and the challenge of depending on an translator. Surveies might wrongly attach incidences of mental unwellness to a certain cultural group yet some of theses happenings may hold been brought upon non by experiences at place but by the challenges of settling into a new society ( Lupton and Najman 145 ) . The complexness of understanding the wellness conditions of the immigrant population is farther explained by their societal economic stature. For case, in 1990 some of the 12000 Turks who migrated to Australia in the sixtiess were involved in a survey. More than half of the respondent claimed to be ailing and claimed to hold nervus jobs. Despite the ego studies, most of the unwell did n't travel to the infirmary and those who visited Turkish head-shrinkers were given drugs without diagnosing. This survey found out that the members of the Turkish community had mental conditions because they came from a really different cultural background and had small or no occupation accomplishments and so they took up the most unsafe occupations while most suffered from unemployment. Where alternate methods other than drugs were used to handle the psychiatric illnesses the jobs drastically reduced. This means that one has to understand the specific social-economic dynamic to manage a medical job am ong the immigrant communities in Australia ( Lupton and Najman 153 ) . Further, when managing medical instances among the immigrants, one must see the beliefs and patterns of an cultural group. Whatever the promotion in western medical specialty, impression of wellness attention are culturally variable. For case in Hong Kong rubeolas are considered by some groups non as a disease but as an inevitable, natural and necessary happening yet the Australian wellness sector considers it unsafe. The immigrants are being educated on the right medical perceptual experiences. The appropriate behaviour of ill individuals besides varies among the migrator groups. For case, Greeks are really demonstrative with their hurting and refer to their ligament, musculuss and sinews as nervousnesss. Such a patient require a batch of attending and apprehension. The authorities has hence had the challenge of educating the immigrant groups in abandoning their â€Å" common people † theoretical accounts in order to accomplish effectual intervention. Never the less one must be careful to explicate the diversenesss in the western redress so as to avoid jobs where some groups like the Vietnamese believe so much in the ‘Western injection ‘ such that they do n't believe in the effectivity of other effectual agencies like tablets. Despite the above cultural perceptual experiences among the immigrant there has been a conjunct attempt among medical practicians to understand them. There is a nevertheless a demand for cautiousness on how one uses the cultural information in disposal of medical attention. Report 3 – Principles of best pattern, quality confidence and accreditation related to nursing and Australian wellness attention system The traditional methods of quality confidence in the wellness sector focused on diagnosing and intervention of diseases and searched for error in wellness service bringing. But the recent decennaries have brought alterations in the Australian wellness system where best patterns are measured in footings of bar of diseases and publicity of good wellness. Such alterations have been inspired by the happening of a more knowing consumer who demands commensurate attention for his wellness jobs. It has besides been brought by the technological alterations taking topographic point and statute law that favor better wellness attention. The demand for quality control in the wellness sector in Australia has been precedented by the consumer demand for quality services and it ‘s the duty of the medical attention supplier to afford him that. In 1994, the â€Å" Australian Council for Health Care Standards ( ACHS ) † gave a statement called the â€Å" charter for Change † . This documented indicate how the council was to map in the hereafter. In 1995-96, the council formed a squad that would confer with with the wellness attention sector on in development of a ‘Quality Improvement plan ‘ ( EQuIP ) that would move as a usher to the proposed alterations. EQuIP set criterions for sanctioned medical criterions and by 1997 it had become a nationally and international accreditation programmed for Health bureaus in Australia. Accreditation by ACHS is concerned with a clinical reappraisal of direction and the consequences of wellness attention services. It besides gauges the use capacities of disposal and all the sections supplying services. Based on study that is written after the study, a wellness attention supplier might have a ACHS accredition.But an organisation has to run into a certain standard before it gets the accreditation ( Funnell, Koutoudis and Lawrence 64 ) . ACHS criterions are famed for confer withing with and affecting the wellness attention sector in the development of their criterions. It covers infirmaries, nursing places, Day surgery units, community services and bureaus and any other wellness organisations. There are 900 infirmaries and wellness attention who had been accredited to ACHS by 2007.The criterions addresses the issues of continuum in proviso of wellness attention and infrastructural criterions of the wellness attention system. The continuum aspect screen consumers needs runing from entree of wellness attention services, entry, appraisal, attention planning, proviso of attention, rating, separation and community attention while the substructure criterions, cover the major administrative maps. The Australian Medical system has farther embraced â€Å" Continuous Quality betterment † at work topographic point and it involves ; edifice of consciousness where the key clients and procedure involved are identified, the development of a general CQI plan that defines ends, deployment or execution of the plan and eventually full integrating of the system in the wellness attention sector ( Harris 397 ) . Changes in the Health attention system have encouraged medical professional like the nurses to originate a figure of wellness attention alterations since they are progressively going aware of the powerful part they can do in act uponing the restructuring of the wellness sector in Australia. Health attention statute law has given them the political dentition to organize anteroom groups and exert force per unit area so that the alterations are antiphonal to the overall demands of the society. In add-on medical professional in Australia take portion in clinical audits so as to mensurate the effectivity of their patterns. This audit patterns go on within the National Health Service and its an built-in portion of clinical administration ( Courtney and Mc Cutcheon, 115 ) In decision, the Australian wellness attention has been motivated by intelligent client and the handiness of resources to run into the present and future wellness jobs in development of quality wellness attention system. However, the system give best consequences when the Health attention directors demonstrate to her staff that observation of quality is a demand demanded from all. Work Cited Barraclough, Simon and Gardner, Heather. Analyzing wellness policy: a problem-oriented attack. Elsevier Australia, 2007. Courtney, Mary and McCutcheon, Helen. Using Evidence to Guide nursing pattern. Elsevier Australia, 2009 Funnell, Rita. , Koutoukidis, Gabby and Lawrence Karen.Tabbner ‘s Nursing Care: Theory and Practice. Elsevier Australia, 2008. Harris, Mary G. Managing Health Services: Concepts and Practice. Elsevier Australia, 2005 Lupton Gillian M. and Najman Jakob M. Sociology of Health and Illness: Australian Readings. Palgrave Macmillan Australia, 1995

Adult Relationships And Same Sex Marriage - 897 Words

It is unclear what percentages of adult relationships are polyamorous in America, as there is limited research with this population. However, it is evident that many Americans find this alternative to monogamy beneficial. When compared to monogamous individuals, polyamorous individuals experience greater levels of intimacy in their relationships (Morrison, Beaulieu, Brockman, Beaglaoich, 2013). Per the research, polyamory is potentially a fulfilling alternative to traditional monogamous relationships for those who choose polyamory in place of monogamy. Historically, there is limited evidence for cultures that that relied on same sex marriage as a primary relationship structure. However, currently there is growing cultural acceptance of same sex marriage and gay-affirming communities in which same sex relationships and same sex marriages experience support (Baunach, 2012). According to the 2010 United States Census, same sex households ¬Ã‚ ¬Ã¢â‚¬â€œalso called unmarried same sex partner households–grew by 80.4% between the 2000 and 2010 US Census. One June 26th of 2015, the American Supreme Court ruled that banning same-sex marriage in any U.S. state was unconstitutional (Pew Research, 2015). This new occurrence will offer an opportunity for more research regarding same-sex marriage culture. In addition to this, attitudes regarding same sex relationship have changed. Between 1988 and 2010, research shows that attitudes toward same sex marriage demonstrate a culturalShow MoreRelatedSame Sex Marriage Essay1370 Words   |  6 PagesWhat are others doing? Canada is not the first country in the world to address whether and how to legally recognize same-sex unions. Indeed, Canada is coming to the debate later than many countries. 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