How Do Stakeholders Tell Customers About Condoitin

Great Essays
PART A
Question 1
Utilitarianism
Scale: -15 (least happy) to 15 (happiest)
Table 1: Benefits and Detriments to Each Stakeholder
Stakeholders Tell Customers About Condoitin Don’t Tell Customers About Condoitin Benefits Detriments Benefits Detriments
Ming Moral satisfaction (+10) High chance of losing job (-15), less commission
(-$5 per sale) (-5) Increased commission ($5 per sale) (+5), keeps the job (+15) Guilt (-6)
Ming’s wife (Song) Assuming she knows about the choice and that Ming is likely to lose his job. Remains unemployed (-5), unable to speak English (-5) She can have English classes and later find employment (+10)
Ming’s son Can spend more time with parents (+8) Won’t have as many baby/toddler supplies (-6) More resources to make
…show more content…
Because utilitarianism is teleological based, the total utility of all stakeholders decides which option is the most ethical. From Table 2, it can be seen that the highest utility (32) is generated by not telling customers about Condoitin, and instead recommending Modoxolin.

Kantian ethics
Maxim: Ming should advise customers to buy a more expensive product (Modoxolin) when there is an identical product that is cheaper (Condoitin) if his job depends on it.
Universalisation: All sales staff should advise customers to buy a more expensive product when there is an identical product that is cheaper if their jobs depend on it.
Universal acceptability: The general statement inflicts no contradiction in conception and contradiction in will. It is universally acceptable.
Respect: This statement does not outwardly disrespect anyone and is therefore respectful.
Conclusion: According to the Kantian ethics, it is ethical for Ming to advise customers to buy Modoxolin without telling them about Condoitin as it is universally acceptable and
…show more content…
Virtue Ethics
This theory is deontological; however, produces effective results. For example, virtue ethics – in particular, the Aristotelian approach – suggests that individual virtue leads to a good corporate and social policy. However, the routines of the job may require staff to perform differently than what an ethical person would do. (Belak, J. & Mateja, P. R., 2012). Nevertheless, when trying to solve an ethical dilemma, virtue ethics emphasises on an ethical process while producing successful outcomes – proving a useful theory.
2. Kantian Ethics
When solving an ethical dilemma, Kantian ethics can be problematic as personal intentions and relationships must be ignored (Smith, 2011). Additionally, when applying the rule of respectability, desirability is not taken into consideration (Lechner, 2011). However, being deontological based, Kantian ethics focuses on how the dilemma is solved rather than only the outcome, lessening the chances of corruption in the decision making of ethical dilemmas.
3.

Related Documents

  • Improved Essays

    The Canadian Code of Ethics for Psychologist outlines ten steps to assist ethical decision making. The purpose of this paper will be to apply the CPA Code to an ethical dilemma presented in class. In the vignette presented, a school psychologist was seeing a grade 1 boy and became friendly with his father. The psychologist and the father dated for a few months.…

    • 622 Words
    • 3 Pages
    Improved Essays
  • Great Essays

    Ethical Dilemmas Essay I have chosen to analyze case two and this paper will outline my understanding, exploration, and final decision-making process as it applies to the ethical dilemmas presented. Understanding the Dilemmas This case has a variety of ethical dilemmas occurring across several contexts (personal, societal, and organizational). Reflecting on the theories and conceptual models presented in this course, I found the Five Faces of Oppression (Young, 2014) and the Ecological Systems Theory (Bronfenbrenner, 1979) helpful in conceptualizing these various circumstances and contexts.…

    • 1501 Words
    • 7 Pages
    Great Essays
  • Great Essays

    In my view, nursing entails giving quality care to patients while concurrently adhering with codes of conducts that are affiliated with the profession. The core values of nursing define the driving force that dictates my values and behaviors. These core values include honesty, responsibility, equality of all patients, the pursuit of new knowledge, the desire to prevent and alleviate suffering and the belief in human dignity. Nurses discharge their responsibilities and make their ethical decisions based on the framework of the ANA 2014 code of ethics. The main principles surrounding the ANA code of ethics can be categorized into, • Confidentiality, this is the protection of clients’ privileged information • Fidelity, exercising the protection…

    • 1072 Words
    • 4 Pages
    Great Essays
  • Improved Essays

    The moral issue of this discussion is to discuss if direct-to-consumer advertising of pharmaceutical drugs is ethical. There are key patient issues that contribute significantly to the ethical decision-making process. A few that comes to mind are respect for the patients’ rights, their autonomy, and the principal concern for their overall health and well-being. In direct to consumer advertising, drug companies aim ads for prescription drugs directly to the public by advertising on the radio, television and in magazines. This type of advertising often leads to a patient to self-diagnose.…

    • 418 Words
    • 2 Pages
    Improved Essays
  • Superior Essays

    In 2015, CEO of Gravity Payments Dan Price, announced his decision to raise the minimum wage of his employees to $70,000 USD over the next 3 years. Dan Price made this decision after reading a happiness study from Princeton that stated employees wellbeing and happiness rose with income increases up to $75,000 USD per year (at which point income stopped affecting happiness.) To fund these increases, the CEO dramatically reduced his salary from $1 Million USD to $70,000 USD and is projecting higher profits in the coming years (O’Brien, 2015). Critics of the decision have been some internal employees who did not think it was fair that their colleagues with less skills and education had their wages raised to the same level as them. Other CEO’s…

    • 1187 Words
    • 5 Pages
    Superior Essays
  • Superior Essays

    Defined by the American Academy of Physician Assistants (AAPA), “Direct-to-consumer advertising (DTCA) is the promotion directly to potential patients of prescription drugs through newspaper, magazine, television, and internet marketing” (1). This type of direct communication allows drug manufacturers to take advantage of its consumer’s lack of medical background and knowledge by promoting products directly to consumers in ways that could manipulate them. During drug manufacturer advertisements, consumers may be given false ideas of potential results and effectiveness of advertised medications. Pharmaceutical companies should not be allowed to advertise directly to its consumers because direct-to-consumer drug advertisements may misinform patients…

    • 830 Words
    • 4 Pages
    Superior Essays
  • Improved Essays

    Virtue ethics, a theory created by Aristotle used to make moral decisions. His theory solely relied on individualism, not society, culture or religion. His theory was introduced in ancient Greek times. For Aristotle one should be able to do good without mere pleasure or political since it would be superficial. Virtue ethics is more concerned with how one should live.…

    • 971 Words
    • 4 Pages
    Improved Essays
  • Superior Essays

    Virtue ethics starts with the question, “What makes for a good, or excellent, person?” They answer the question by arguing that being a good person is about having a good character. A character is a set of dispositions and those who have a good character are naturally disposed to do good things. It is believed that those with good characters are “virtuous” and that good character traits are virtues, while bad character traits are vices. According to the Merriam-Webster Dictionary, a virtue is a good and moral quality (2013).…

    • 1330 Words
    • 6 Pages
    • 3 Works Cited
    Superior Essays
  • Improved Essays

    It is a simple fact of life that at some point in our lives, we will be faced with a moral dilemma. These situations arise due to the fact that as professionals, we are bombarded with the ethical standards and principles of different stakeholders. We all develop a personal moral code, but what are we to do when this code differs from the code of our employer? The code our customers/clients? The law?…

    • 821 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    Virtue Ethics is a group of theories that can be linked back to Aristotle’s Nicomachean Ethics which has remained relevant through-out western history. Although Virtue Ethics has a number of theories to its name they all have a number of similar main points. One such subject is the guideline of what a…

    • 707 Words
    • 3 Pages
    Improved Essays
  • Superior Essays

    Personal ethics plays an important role in every aspect of our lives. From the great classical philosophers, such as Socrates, Plato, and Aristotle, to the more modern ones such as Immanuel Kant, philosophical ideologies have attempted to answer moral dilemmas such as right and wrong or good and evil for millennia. In this paper, I will discuss and share my personal ethical framework and how that framework applies to my personal and professional responsibilities. Theories Aligned with Personal Moral Framework.…

    • 1340 Words
    • 6 Pages
    Superior Essays
  • Great Essays

    Introduction Throughout the history of man the question has always come into play regarding how one should behave or conduct themselves during the course of their lives. As a result of this arduous quest, for centuries, several theories have made their way into the hearts and minds of men. Ethics or Moral Philosophy addresses these concerns. The focus of this paper as it relates to ethics will be The Theory of Virtue Ethics.…

    • 1420 Words
    • 6 Pages
    Great Essays
  • Improved Essays

    Kant's Moral Theory Essay

    • 910 Words
    • 4 Pages

    A maxim is a “subjective principle that governs action”; a maxim is a rational individual’s actions that are justified with accordance to one’s duty. However, one’s maxim can be tested through categorical imperative which is how one’s maxim is moved from application to an individual to being universally applicable. Furthermore, the categorical imperative is applicable to all rational agents and disobeying its application is contrary to reason and to Kant’s theory is considered morally wrong. In contrast to Kant’s moral theory, rule utilitarianism states that an act is determined to be morally right on wrong based on its consequences. Also, generally speaking, an act based on utilitarianism should bring about the most happiness out of all other alternative acts.…

    • 910 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    The managers can consider an ethical approach when they…

    • 1152 Words
    • 5 Pages
    Improved Essays
  • Decent Essays

    Euthanasia has been the topic of debate for years. The issue of surrounded by euthanasia effects ethical and legal that relates to patient and health care professionals (Naga & Mrayyan, 2013). Euthanasia is defined as the active killing of patients by doctor at the request of the patients. There are several types of euthanasia, active and passive, voluntary and involuntary. Active euthanasia refers steps that are taking to cause death; passive euthanasia refers to step that are taking to cause death by withholding treatment.…

    • 772 Words
    • 4 Pages
    Decent Essays

Related Topics