Ethics and Morality of Business Essay Example | Topics and Well Written Essays - 2500 words

Ethics and Morality of Business - Essay Example Career development programmes are not just altruistic pursuits. These are followed keeping the future human resource requirements in mind. Similar is the case with ethics. Given a level playing field, most organizations do not shy away from ethical behaviour. With the explosion of information and the communication revolution, the media plays a crucial role in building and tarnishing reputations of businesses. Hence, every organization tries to enhance its reputation among all its stakeholders. Ethics is a novel outlook for businesses that have single mindedly pursued the bottom line so far. Hence, there exists a twilight zone where business and ethics meet. In the modern world, differences are blurring and concepts are getting re-defined constantly. Business can reap benefits without compromising on basic human values. There is no need to give up on competitiveness to be morally right. Hence, it is possible to conduct business ethically, which is essentially a win-win situation. Conc epts Rationalism dictates that everything should be useful and justifiable. Utilitarianism and utility analysis as used by business vary significantly. When a firm uses a utility, it weighs the positive and negative consequences of a certain action as it relates to itself; and a utilitarian analysis weighs these  'results of an action on everyone affected by it' (De George, 2010, pg 44). Morality is concerned with creating good consequences, not having good intentions. One should do whatever will bring the utmost benefit to all of humanity. Morality guides people’s actions in order to create a better world. Bentham (1748–1832) is rightly considered the father of modern utilitarianism. He explained utility as the balance of pleasure and pain that a human being experiences (as cited in Binmore, n.d.). â€Å"The principle of utility . . . is that principle which approves or disapproves of every action whatsoever according to the tendency which it appears to have to aug ment or diminish the happiness of the party whose interest is in question.† (Bentham Jeremy, B. E. 1748-1832). Bentham thought that entire morality could be derived from ‘enlightened self-interest’, and that a person who always acted for his own satisfaction in the long run, would always act rightly. However, there are critics of Bentham. ‘The good’ cannot be quantified or measured. Similarly, the notion or definition of ‘the good’ was extreme. At the same time, other considerations like human rights and justice, which are relevant, are ignored. John Stuart Mill said that happiness in not the same as pleasure. Man shared the lower quality ones with animals for e.g. food, water etc. The higher quality pleasures were unique to man and involved the higher faculties (Mill, 1863, Pg 11). He showed that utilitarianism was in sync with moral rules. Utilitarians ought not to calculate beforehand whether each action would maximize utility. Instead , following a general principle (under which a particular action falls) leads to happiness. Henry Sidgwick highlighted common sense morality, which is morality accepted by the majority without detailed thinking involved, in his book Method of Ethics (Crisp, 2000). He stated that not all principles of common sense morality are apparent. He was in favour of ethical hedonism according to which any action should produce the greatest amount of pleasure. He was of the opinion that no man should destroy his own happiness (Ibid).

(Q5.'Traditional' methods of project procurement have no further use Essay

(Q5.'Traditional' methods of project procurement have no further use within modern construction procurement'; is this so Discuss) - Essay Example Traditional methods of procurement have been the source of an enormous debate in regard to their current suitability especially in this modern era. Are they of any use or not? The paper will examine whether the statement that they have no use for the current construction procurement is right. It has been stated by Adenuga (2013) that the traditional technique of project procurement involves a group of specialized consultants entering into a contractual arrangement with the contractor and the client. The group of specialized consultants may constitute quantity surveyors, engineers, and other professionals. Their role is to oversee the contractor, who works on the real construction, and deliver a suitable design. Normally, the specialized consultants ply their trade in different corporations. However, they come together and offer their expertise to the client for a certain amount of money. The agreed amount is made possible by the bills of quantities. The contractor gets the work after going through a competitive bidding process. In addition, the contractor and the design can be conducted at the same time up to a certain point. However, the cost know-how is not estimated accurately. Under this method, there are cost reimbursement, lump sum, and measurement contracts. The t otal cost of the contract can be assessed as per the definite materials, labor, and plant cost; it can be done before the beginning of the construction through an agreement; or after the construction is complete respectively (Davis, et al., 2008). Do the traditional methods of project procurement have no use in the current procurement method? To determine if this is so, the pros and cons of the traditional forms of project procurement are examined. Under the pros, the client regulates the specialized group of consultants working on the design. Many clients may have familiarity with the methods. The

Leadership - Communication Essay Example | Topics and Well Written Essays - 500 words

Leadership - Communication - Essay Example Yet the most effective managers, those whose executive action is likely to have the highest level of value within an organization, have the qualities of leadership in addition to management skill. Strategic decision-making depends upon those who have both of these skill sets. An executive who understands the mechanical nuances of his/her organization and is able to manipulate processes to achieve desired outcomes is an effective manager. Add to that the ability to articulate a vision and to influence others to work toward it and you have an effective manager with leadership qualities. This manager, trained to exercise independent, critical judgment, is well equipped for strategic decision-making (Hellwich, 2004). The characteristics of leadership that foster strategic decision-making are often tied to the personal characteristics or qualities of the executive. Leadership is more ability than a skill, although there has been significant debate about whether leadership characteristics can be learned. The dimensions of a leader fall into the categories of charisma, vision, interpersonal skill, and ethical responsibility, to name but a few. These qualities, when possessed by an organization's executives, are strongly linked to strategic decision-making. Without them, an executive is merely a high level manager or administrator without the ability to impact the strategic direction of the organization. Leadership is somew

Understanding My Social Location and Experiences Essay -- Personal Exp

The intersection of dominant ideologies of race, class, and gender are important in shaping my social location and experiences. By exercising my sociological imagination (Mills, 1959), I will argue how my social location as an Asian American woman with a working class background has worked separately and together to influence how I behave, how others treat and view me, and how I understand the world. The sociological imagination has allowed me to understand my own â€Å"biography†, or life experiences by understanding the â€Å"history†, or larger social structures in which I grew up in (Mills, 1959). First, I will describe my family’s demographic characteristics in relation to California and the United States to put my analysis into context. I will then talk about how my perceptions of life opportunities have been shaped by the Asian-American model minority myth. Then, I will argue how my working class location has impacted my interactions in institutional settings and my middle/upper class peers. Third, I will discuss how gender inequalities in the workplace and the ideological intersection of my race and gender as an Asian-American woman have shaped my experiences with men. I will use Takaki’s (1999) concepts of model minority myth and American identity, Race; The Power of an Illusion (2003), Espiritu’s (2001) ideological racism, People Like Us: Social Class in America (1999) and Langston’s (2001) definition of class to support my argument. Before I analyze how my social location has influenced my experiences, I need to talk about my family’s demographic characteristics in comparison to our community and the larger U.S. society: In my hometown, Asians make up the third largest racial group (23%). Whites make up 51.3% and H... ...ding white, male superiority. Back in high school, I dated a non-Asian male from my class who often talked about how Asian women are â€Å"hot and sexy† yet â€Å"more faithful to men and less aggressive than White women.† At the time, I thought this was a compliment and I often tried to conform to this stereotype in order to satisfy my partner. Images of Asian-American women as both innocent and dangerous have legitimized any racist and sexist policies directed at Asians and women. Works Cited People Like Us: Social Class in America http://www.pbs.org/program/people-like-us/ Race; The Power of an Illusion (2003) http://www.pbs.org/race/000_General/000_00-Home.htm Takaki, R. (1999). The myth of the â€Å"model minority.† In D. M. Newman (Ed.), Sociology: Exploring the architecture of everyday life: Readings (pp. 255-259). Thousand Oaks, CA: Pine Forge

A Good Parent

A Good Parent How to be a good parent? During this period, raising children is the most difficult job in the world. But to be a good parent will teach them to become a nice person. So the most important quality of a good parent is being responsible for their children. There are several qualities of a good parent. The three most important qualities of a good parent are express love, helping your children feel safe, and spending a time with your children. The first quality of good parents is express love. A good parent should tell their children that they love them every day.For example, they express their love by giving lots of hugs and some kisses. A parent should give them more attention and love. Because many children look for this kinds of favor from parents. If a parent expresses love to them then they will get along with their parents. They will start communicating and tell everything to you. Try to love your children completely do not force them to love you. They should be in o rder to earn your love. For example, let them know that you will always love them no matter what. The second quality of good parents is helping your children feel safe. A good parent should give children some privacy and respect.For example, if you teach them that you can come to ours room but stay out of line. Also teach them if you enter someone’s room then you cannot look through theirs drawers or read their diary. Do not argue with your spouse while they are sleeping. Because sometimes children may feel worried and scared. So from this they can learn to argue with someone. Therefore show them that when someone argues with them then they can discuss their differences peacefully. A good parent should set boundaries. For example, bedtimes, and curfews so they know that parents care and try to make feel safe by the boundaries.The third quality of good parents is spending a time with your children. It is necessary for parents should spend time with children. A parent should ta ke some time from work and spend time with them by attending a school function, do homework with them, and visit their teacher at the open house. If a parent spends time with children they will love it and they will remember that my parents attended my school function. Spend time with children thirty minutes every day. Try to spend time during dinner and talk big and small problems with them. Try to go out for blowing, plan a vacation, a visit to grandparents, and many more things.By spending time with them they will try to communicate more and tell every big or small problem with you. They also start caring about you and give more respect. The most important thing is to try to forget your job work when you come home. Spend time with your children as much you can. In short, there are several qualities of a good parent. The three most important qualities of a good parent are express love, helping you children feel safe, and spending a time with you children. (need to add final commen t in conclusion otherwise everythings is prefect)

Unwind - 1434 Words

Once upon a time, I was a student ignorant of the issues plaguing our nation; issues such as abortion and a frightening scarcity of organ donors meant little to me, who was neither pregnant nor in need of replacement body parts. Today, I fortunately remain a simple witness to these scenarios rather than a participant, but I have certainly established a new perspective since reading Neal Shusterman’s Unwind several years ago. Unwind is a brilliant novel set in the near future following the United States’ second civil war, known as the Heartland War, in which the definition of human life was debated with fatal passion: when does life truly begin and when should it be legally permitted to end? Desperate for an end to the warfare, the†¦show more content†¦Additionally, I find myself to be a probable candidate for the Arts Scholars program through a similar fascination with theatre: while I’m far from the artistically gifted person I yearn to be, I have enjoy ed with the theatre since I played the lead in a disco-themed rendition of A Midsummer Night’s Dream. Theatre is the greatest place for the athletically-incompetent, such as myself, to realize the power of a group effort: since taking part in the theatre I have found myself to be more empathetic of others. Through the Arts Scholars program I would not only find others who share my need to burst into song, but who also share this confidence in teamwork. Nevertheless, I believe that nothing represents me better than the Humanities Scholars program. In this program, my fascination with culture and community appear to be fantastically represented as well as my passion to serve: I have spent time over the last several years volunteering with children and animals, such as through my library’s Tail Waggin’ Tutors project, and it appears as though the Humanities program offers similar intriguing opportunities. Although several programs seem to embody fragments of mys elf, I’ve discovered through Honors and Scholars Day that only the Humanities Scholars program provides me, who until now has been indecisive in what I desire from college, a feeling of belonging and a plan forShow MoreRelatedUnwind Essay803 Words   |  4 PagesIn the novel Unwind, Neal Shusterman offers a unique perspective on the possible outcome of our society’s conflicts on ethical issues, especially directed towards the debate on abortion. The author shows the outcome of second civil war, in which the system of unwinding is born, a word hiding the harsh truth of dismembering children. This form of abortion proved to be the only way that would bring back peace to the country, however wrong in many ways and means of drastic measures it seemed to bothRead MoreUnwind Essay1111 Words   |  5 Pagesï » ¿Unwind Essay By Asha Patel Theme: How a leader can influence others? Leadership is the art of getting someone else to do something you want done because he wants to do it.-Dwight D. Eisenhower. In a place, where Unwinding is permitted for saving lives and possible, people must take a stand against this rebellion. The novel, Unwind by Neal Shusterman’s, showed commitment and leadership roles throughout the novel. This type of leadership and commitment came from Connor, Roland, and the AdmiralRead MoreAnalysis Of Neal Shustermans Unwind910 Words   |  4 Pagesthrough literary elements can be tough at times, therefore leaving the theme unclear. Neal Shusterman’s Unwind counters this standard by using character development as a means of portrayal. Shusterman’s main character, Connor, adapts realistically to a situation where the safety of his life must come first, consequently illustrating a change from impulsive to reflective. Additionally, the conflict in Unwind that Connor encounters plays a role in compelling him toward this ch ange. Finally, the choice ofRead MoreAnalysis Of Unwind By Emotional Neal Shusterman1457 Words   |  6 Pagesmessage through literary elements can be difficult at times and the message will remain unclear. Neal Shusterman’s â€Å"Unwind† is the opposite of this and conveys the theme thoroughly leaving no room for uncertainty. His characters, one of the most important elements of an amazing story, develop realistically to a situation where they must put their life first. The conflict in â€Å"Unwind† is a central point of interest for the story and engages the reader in the motives and meanings behind the strugglesRead MoreExpository Essays : Unwind By Neal Shusterman1437 Words   |  6 Pagestanning and drinking a martini on the beach. You probably see all of your worries disappear and paradise is very nearly near. In the breathtaking novel Unwind by Neal Shusterman, the teens of the world feel anything but relieved when they hear the word. Instead, they envi sion a world in which they no longer exist. At least, not in the way they used to. Unwind is a novel set in a dystopian society in a future time period, suffering the after effects of the Hartland War. The war was between the Pro-life andRead MoreA Work Of Art, And Neal Shusterman s Unwind Dystology1530 Words   |  7 Pagesstories are identical, James Blish’s short story, A Work of Art, and Neal Shusterman’s Unwind dystology are no exception; however, some aspects of the two are similar. In A Work of Art a technology known as Mind Sculpting is being used. The concept of â€Å"Mind Sculpting† is placing the personality, and memories of someone who has passed on into voluntarily donated hosts. Shusterman’s popular science fiction dystology Unwind, is about a dystopian society that was meant to be a utopia. The series follows aRead MoreReasons Behind the Fall of Rome, Mohenjo Daro and the Fictional Society in Unwind695 Words   |  3 Pagessociety of Unwi nd, everything falls at some point. The falling of societies is common, every society ever has fallen and has yet to fall. Societies fall due to corrupt government, overuse of resources and citizen revolts. Rome, Mohenjo Daro and Unwind fell due to those reasons. Societies can fall for a number of reasons, such as corrupt leaders or a corrupt government in general. Of all things corrupt government in general is pretty common, just think of Rome, or the fake society of Unwind. In theRead MoreThe Importance Of Refugee Camps722 Words   |  3 PagesUnited States. These camps are important because they provide a second home to people in need that feel threatened in their home country. In today’s society, refugee camps play a big role in changing one’s life. Refugee camps relate to the novel, Unwind because the Graveyard, where Connor, Risa, and Lev stay to seek asylum from being â€Å"unwound†, is an example of a refugee camp. Refugee Camps have been around for as long as the Egyptian era. â€Å"One of the earliest recorded refugee camps is describedRead MoreEssay On Underground Railroad1005 Words   |  5 Pagesliberating those subject to slavery or poverty. Modern slavery, known as human trafficking, usually affects immigrants who do not completely know their rights or who are tricked into a â€Å"job† that does not fit its original description. This applies to Unwind due to the way the kids are treated and the fact that they must escape their fate by travelling this underground railroad and reaching â€Å"the promise land† which welcomes them to freedom and safety. The history of the underground railroad dates backRead MoreAnalysis Of The Book By Neal Shusterman993 Words   |  4 PagesUnwind by Neal Shusterman is a science fiction novel that is taken place after a civil war in the future. The war is know as the Heartland War, which is fought over abortion. The war reached a compromise after both sides agreed to allow parents to sign an order form for their children between the ages of 13 and 18 years old to be unwound. The Setting takes place in three major locations. First â€Å"The Forest† after the accident on the highway, Connor, Risa, and Lev escape into the dense forest. Second

How Does Monetary Policy Influence Inflation And Employment

When discussing information that is important to the topic of Macroeconomics, it is easy to understand what are the key topics and elements that play a vital role in the functioning of economics. A few of those very important topics are inflation and employment. Both characteristics have a huge part in economics as a whole. The current article that I found regarding these two important parts of economics is the current FAQs article titled â€Å"How does monetary policy influence inflation and employment?† As the title clearly states, this article answers the question of how exactly the monetary policy influences inflation and employment. In the beginning of reading this article, I was not sure exactly what the monetary policy even was, so I started off by looking for the definition on Google. Google explains the monetary policy as being â€Å"the process by which the monetary authority of a country controls the supply of money, often targeting an inflation rate or interest ra te to ensure price stability and general trust in the currency† (Google Definition). After reading this definition, I understand what the monetary policy was a little more and could fully tackle the article. Going back to the article and its explanation of how the monetary policy influences inflation and employment. The beginning of the article states â€Å"monetary police influences inflation and the economy-wide demand for goods and services—and, therefore, the demand for the employees who produce those goods andShow MoreRelatedMonetary Policy Essay1666 Words   |  7 PagesMonetary Policy Monetary Policy The Economy is the backbone to society. There are many factors that operate in, and govern our society’s economical structure. Factors such as scarcity and choice, opportunity cost, marginal analysis, microeconomics, macroeconomics, factors of production, production possibilities, law of increasing opportunity cost, economic systems, circular flow model, money, and economic costs and profits all contribute to what is known as the economy. These properties asRead MoreMonetary Policy Essay1638 Words   |  7 PagesMonetary Policy Paper Introduction Fiscal and monetary policies focus on quickly returning the economy to sustainable, healthy growth. Any type of fiscal relief package will boost consumer and business spending and can augment the nations long-term growth potential. Expansionary monetary policy can stimulate growth and provide insurance against the possibility of deflation. This paper will present information on four topics: (1) tools used by the Federal Reserve to control the money supplyRead MoreECON 350 Review Essay ----Athanasios Orphanides article Is Monetary Policy1400 Words   |  6 Pages----Athanasios Orphanides article Is Monetary Policy Overburdened ? Summary Introduction: After the global financial crisis, the economies of many countries were stagnant, some companies closed down, many people lost their jobs, and governments needed to spend much money to help these companies and unemployed people which caused large government debts, the banks also faced to bankrupt. All of these problems caused the governments wish the monetary policy can provide the solutions to recover theRead MoreThe Federal Reserve And Its Monetary Policy1461 Words   |  6 PagesThe Federal Reserve and its Monetary Policy The Fed, or The Federal Reserve is the Central banking system of the United States of America. This politically isolated central banking system of the United States Is to the rest of the world’s central banking systems, what the influence of the writings of John Locke, and the Magna Carta are to creation of the United States and its Declaration of Independence. Apart from a few minor/major economic crisis since its conception, The Federal ReserveRead MoreHow Central Banking Independence With Monetary And Fiscal Policy Essay1557 Words   |  7 Pages â€Æ' Research question: How central banking independence with monetary and fiscal policy leads to control the inflation rate. Introduction: The main goal of the governments and the economists is to stable the economy growth with the policies. The main two policies which are used to monitor and control the economy are the monetary policy and the fiscal policy. To make and implement these policies and control and look for the economy growth the main department or the organization is the central bankRead MoreDifference Between Fiscal And Monetary Policy Essay1345 Words   |  6 PagesThere are many policies that are enacted continuously that stimulate the economy in the United States. Some of these policies stimulate the U.S. economy in a negative way and some stimulate it in a positive way. One would agree that the U.S. economy is forever changing due to various factors. Some of these economic policies are also developed due to various factors or events that may have occurred in the United States. This paper will discuss some policies that stimulate the economy, their relationRead MoreHistory : Monetary System And Its Future Essay1210 Words   |  5 PagesHistory of U.S Monetary System and its Future The U.S monetary system started in 1690 before America was a new nation in 1776. In these colonial times, paper currency was recognized. The Massachusetts Bay Colony used the currency as a responds to shortage of coin. In addition, the colony also used paper currency to pay for military expeditions. (Philadelphiafed.org). Colonial cash quickly lost its worth because colonist could not redeem it for gold or silver. Colonies would issue too much of thisRead MoreMiss1344 Words   |  6 Pagesthis report I will I be comparing and analyses how political, legal and social factors have impacted on the two contrasting organizations For Hinckley and Bosworth council is public Leicestershire local county council and Jenkins Building. SOCIAL CHALLENGES One of the social problems that Hinckley council and Jenkins Building they will need to think about their services this means that both business have had to change the way of thinking of how to gain more profit and try to introduce more productsRead MoreFinancial Aspects Of The Economy1256 Words   |  6 Pagesessentially concentrates on how laws and government approaches sway the economy. A lot of this takes a gander at duties particularly and all the more for the most part the general population money, which incorporates the spending and borrowing that the government does. The root expression of financial aspects is the economy. Economy originates from the Greek oikos - home and nomos - overseeing. Economy can be portrayed as the present soundness of monetary markers, for example, employments and occupation developmentRead MoreFiscal Policy And Monetary Policy1735 Words   |  7 Pagesis fiscal and monetary policy to find out a way to find the economic. It is macroeconomic policy that pursues to enlarge the money supply to boost economic growth or combat inflation. One of the form is fiscal policy of expansionary policy, which comes in the method of tax cuts, discounts and increased government spending. Expansionary policies do come from central banks, which focus on cumulative the money supply in the economy. Now let look at the break down of expansionary policy which deal with