Phi 445 Week 2 Discussion Questions

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This file PHI 445 Week 2 Discussion Questions has right solution to the following tasks: 1. What are the differences between Capitalist, Socialist, Fairness, and Libertarian notions of justice? What are the strongest and weakest parts of each theory? 2. Assess the promotional practices of the companies in terms of the moral standards that you think are appropriate for the sort of environment in which the companies are operating. Relate your assessment to the three theories of the manufacturer's duties discussed in the chapter. Are any of these three theories particularly appropriate or inappropriate for the Third World context within which the infant formula companies operate? Evaluate the advertisements used by the companies. Do companies have a duty to ensure that consumers do not misuse their products? Do the duties of the manufacturer end at the point of sale?

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Philosophy - General Philosophy Psychological Egoism . After reviewing Chapter 1 in your textbook and watching “Virtue Ethics,” find a contemporary article showing how the theory of psychological egoism in a corporation resulted in an ethical dilemma. a. Is there a way that the decision-making process within a large corporation can overcome this fact of human selfishness? b. What would be a solution in this scenario? c. How does the theory of psychological egoism fit within your personal body of ethics and values? d. How does the theory of psychological egoism fit within the ethical structure of the company or organization you work for now or have worked for in the past? Your initial post should be at least 250 words in length. Support your claims with examples from required material(s) and/or other scholarly resources, and properly cite any references. Respond to at least two of your classmates’ posts by Day 7. Self-Interest or Community Interest . As read in Chapter 2 of the course text, Adam Smith argued that self-interest is a critical element in a society’s economic development. Karl Marx, by contrast, argued that society functions better when each of us is more community oriented. Pretend you are either Adam Smith or Karl Marx, and explain economic recession from these perspectives. a. Discuss when greed and selfishness in businesses go too far and become a hazard to society. b. Stepping back into your shoes again, contrast your system of values and ethics concerning greed and self-interest with the system of values of Smith or Marx. c. Discuss if the ethical perspective of a particular group to which you currently belong, or previously belonged resembles the perspective of Adam Smith or Karl Marx? Your initial post should be at least 250 words in length. Support your claims with examples from required material(s) and/or other scholarly resources, and properly cite any references. Respond to at least two of your classmates’ posts by Day 7. Puffery and Deception . A critical point of distinction between deceptive advertising and mere puffery is whether a claim is a measurable statement of fact. a. Think of some contemporary examples of each and explain why they are or are not measurable statements of fact. b. When you notice deceptive advertising or puffery, how does your sense of personal ethical perspectives and values affect the way you make decisions about those advertised goods and services? c. How does the ethical program of a particular group to which you currently belong, or previously belonged, treat the topic of misrepresentation or exaggeration of company goods and service? Your initial post should be at least 250 words in length. Support your claims with examples from required material(s) and/or other scholarly resources, and properly cite any references. Respond to at least two of your classmates’ posts by Day 7. Unintentional Discrimination . Unintentional discrimination occurs when a company’s policies uncritically reflect prejudicial stereotypes yet do not involve overt racial prejudices of its managers or executives. Does legislation to verify voter identification fall under the domain of unintentional or intentional discrimination? Explain your views. Also, how does your personal ethical perspective on discrimination- intentional or unintentional- compare to the culture of a particular group to which you currently belong, or previously belonged? Your initial post should be at least 250 words in length. Support your claims with examples from required material(s) and/or other scholarly resources, and properly cite any references. Respond to at least two of your classmates’ posts by Day 7. Managerial Incentives . Henry Manne believed that companies cannot become too incompetent or corrupt, as eventually their share price would fall and they could be taken over by another firm that would get rid of incompetent management. Adolf Berle and Gardiner Means believed that company managers have an incentive to feather their own nests and to undermine shareholder wealth. Can elements or parts of these theoretical perspectives have governmental applications? If so, which theory do you think best describes the segment of American government known as the Congress and the Senate? Explain your answer. Which theory best fits your ethical perspective? Which theory best fits a particular group to which you currently belong, or previously belonged? Your initial post should be at least 250 words in length. Support your claims with examples from required material(s) and/or other scholarly resources, and properly cite any references. Respond to at least two of your classmates’ posts by Day 7. Child Labor . Child labor is endemic in the poorer countries of the world, and for many children it is seen as way of keeping their families out of poverty. Critics point out that if the governments were to invest more in educating children, they could be more productive and create more wealth for their nation when they are older. In the meantime, multinational enterprises often secure suppliers who use children. In your opinion, what is the best way to reduce child labor for multinational corporations? How is the phenomenon of child labor viewed from your ethical perspective? Given the ethical perspective of a particular group to which you currently belong, or previously belonged, how would child labor be viewed? Power Station Cost-Benefit Analysis . A power station is planned in your local area and you have been requested to submit a primary cost-benefit analysis of the potential economic and environmental impact that the station could have. Prepare a list of pros and cons and a preliminary judgment on whether it should go ahead. If a particular group to which you currently belong, or previously belonged, were to throw-out the list of pros and cons and rely on ethical predisposition of the business, what would be the preliminary judgment? Your initial post should be at least 250 words in length. Support your claims with examples from required material(s) and/or other scholarly resources, and properly cite any references. Respond to at least two of your classmates’ posts by Day 7. Portfolio Analysis . Reviewing the investments in your portfolio, you realize that the carbon footprint connected to your investments is relatively large, but your oil company stock also pays for the family holidays each year. The company’s website also says that it uses a high proportion of its profits to invest in green and renewable fuels of the future. Do you keep the stock or sell? Why? What principles did you apply in making this decision? Also, how does one check the credibility of the company and its website? Consider the ethical perspective of a particular group to which you currently belong or previously belonged, would the group keep or sell the stock? Why? Your initial post should be at least 250 words in length. Support your claims with examples from required material(s) and/or other scholarly resources, and properly cite any references. Respond to at least two of your classmates’ posts by Day 7. Federal Domain . The Federal government manages millions of acres of forest land across the country, but there are increasing pressures on the agencies to permit varying levels of commercial access to the timber, other resources, and the water flows. Should the government have an absolute prohibition on commercial access or should there be a working compromise with companies? From your ethical perspective, should government have an absolute prohibition on commercial access or should there be a working compromise with companies? From the ethical perspective a particular group to which you currently belong, or previously belonged, should government have an absolute prohibition on commercial access or should there be a working compromise with companies? Instead of the Federal government, suppose you managed millions of acres of forest land. Given you own set of ethical perspectives and values, what would you do? New Stock Opportunity or Exposure . A friend is excited about a new stock opportunity with a medical company whose products could sell well around the world; having reviewed some of the stories in Chapter 10, you are no longer certain about the benefits that companies say will emerge from their products and you are concerned that the company’s history includes using animals and vulnerable people in experiments. From your ethical perspective, do you ignore the company’s past and research the current product, digging around for alternative ethical viewpoints, or do you accept the possibility of earning a simple profit? From the ethical perspective a particular group to which you currently belong, or previously belonged, does the group ignore the company’s past and research the current product, digging around for alternative ethical viewpoints, or does the group accept the possibility of earning a simple profit? Your initial post should be at least 250 words in length. Support your claims with examples from required material(s) and/or other scholarly resources, and properly cite any references. Respond to at least two of your classmates’ posts by Day 7.

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Getting ready to go to college might be a hectic and nervous time in your life. This is perfectly understandable, you are taking a big step and will probably be living away from home for the first time ever. Don't fret, this article will provide you with some great tips on how you can be ready.