Business Law and Ethics Case Study - 1141 Words

Part A Utilitarianism Upon applying utilitarianism theory to Tom’s current situation, Tom would maximise the greatest good and increase the happiness of more people and parties by exaggerating his work experience. The first party that would benefit from this is his parents. As was said in the case study (2014), Tom’s mother had lost her job a few years ago and has remained unemployed since. Tom’s father has also not been doing well financially, as his business has not been doing well as of lately, which would lead to less income for the family. Tom’s parents would be better off financially, as they will no longer need to support Tom if he were to be hired by the accounting firm. Another party that would achieve happiness from Tom’s†¦show more content†¦Thus, by exaggerating his curriculum vitae, Tom is disrespecting the stakeholders of the firm. Virtue Ethics As for applying virtue ethics to Tom’s situation, the relevant virtue identified for the dilemma is truthfulness. Tom believes that if he exaggerates his curriculum vitae his chances of being hired is higher. However this action would not be virtuous, and is the vice of excess to the chosen virtue, known as boastfulness. The remaining corresponding vice is self-deprecating, which is a vice of deficiency. By being self-deprecating, Tom would have to under-exaggerate himself on his curriculum vitae. The virtue ‘truthfulness’ is chosen because truthfulness lies between boastfulness and self-deprecating, in which boastfulness is seen relevant to the dilemma. By applying the virtue ‘truthfulness’ to the dilemma, Tom would have to be honest about his work experience rather than exaggerate it; thus making Tom more virtuous. Ranking of ethical theories It is personally believed that Virtue ethics is the most useful, utilitarianism as least useful, and kantian in between. Virtue ethics was chosen as most useful because users of the theory make decisions based on whats most virtuous rather than what outcome there is to the decision. Virtue ethics theories provide more socially responsible decisions. Kantian theory was chosen as neither most useful and least useful as it provides users with the most fair decision orShow MoreRelatedBusiness Law and Ethics Case Study826 Words   |  4 PagesPart A (a): Ethical dilemma Should Tom tell Michael that Brenda is breaking the rules/law. Ethical egoism Under ethical egoism, Tom should tell Michael what Brenda is doing, as he is feeling worried and guilty and this would ease his mind. He could also gain benefits from Michael. Tom would do this because he is promoting his well being above everyone else’s (QUT, 2011). Utilitarianism Under Utilitarianism, Tom should tell Michael about Brenda and Mary’s arrangement, because UtilitarianismRead MoreBusiness Law and Ethics Case Study on Diversity1186 Words   |  5 PagesCase #1 Webb vs. City of Philadelphia This case involves Kimberlie Webb and the City of Philadelphia (mainly the police department). The case was heard by the United States court of appeals, third circuit in 2009. The suit was filed because Webb believed her religious rights were being decimated against. Webb is a Muslim woman who servers on the Philadelphia Police Department. Webb asked permission to wear a headdress that would not cover her face or ears due to her religious beliefs. She wasRead MoreBusiness Ethics : More Important Than You Think1577 Words   |  7 PagesEnglish 3, Period 8 30 January 2015 Business Ethics: More Important Than You Think There is no debate that building a business from the ground up is a difficult thing to do. 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Gaucher s Disease ( Glucocererbrosidase ) - 1113 Words

Gaucher’s disease which is also identified as glucocererbrosidase deficiency, this happens when the lipid, glucosylceramide, builds up in bone marrow, lungs, spleen, liver and sometimes the brain. It’s a hereditary disease. When the lipid as mentioned earlier is faulty glucosylceramide accumulates more commonly in the microphages which is a type of white blood cell. Guacher’s is classified as a Lysosomal Storage Disease, this happens when a person lacks an enzyme that gets rid of undesirable materials within the cells. This enzyme resides in lysosomes, the sac-like structures inside the cells. They are the garbage man of the cell. They breakdown material that still can be used and dispels the one which can no longer be used. When the lysosome can no longer breakdown the waste in the cell, it can cause serious health problems to the individual. According to the National Gaucher Foundation about 1 0f 20,000 live births have Gauchers. But the FDA says 1 out of 50,00 0 live births or 1 out of 100,000 live births. Gauchers is an inherited disorder that is more commonly found in Ashkenazi Jews of Eastern and Central Europe The signs and symptoms of Gaucher’s Disease vary widely, identical twins with the disease can have very different symptom and different levels of severity. While some people can have the disease and show no signs at all. For reference Symptoms are things patients can feel, while signs are somethings others can detect. One of the first symptoms are abdominal

Crude oil Free Essays

Crude oil is a necessity for the emerging as well as the existing industries all over the world. It has the power to affect production because it’s a raw material which Is used for producing petrol etc. The fluctuations In the price of crude oil can affect the economy on a large scale. We will write a custom essay sample on Crude oil or any similar topic only for you Order Now The price of crude oll Is affected by the demand and the supply like any other good. In times of bottlenecks the price Is expected to rise whereas when there is an oversupply of crude oll the price tends to fall. Crude oil prices have varied over the last 50 years. In June, OPEC production fell by 370,000 barrels, this was mainly caused due to hindrances such as conflicts In the Middle East and the production strikes In Nlgerla . As a result this affected the price of crude 011 and It rose substantially. The prices of crude oll were subject to some major fluctuations In recent years. It can be observed that the price of crude 011 rose as much as $140/barrel approximately in 2008. 1n the same year it fell as low as $40,’ barrel approximately. In the years 2010 and 2011 it constantly increased from $80,’ barrel and reached a maximum price of $122/barrel approximately. In the years 2012 and 201 3 the price of crude oil fluctuated in the range of $100/barrel and $120/ barrel. High crude oil prices can be responsible for cost push inflation in the economy. Cost push inflation is caused mainly due to an increase in the price of raw material. Crude oil is a raw material and is predominantly used for transportation. Transportation is a vital part of the production process. Increase in the price of crude il would mean that the transportation costs increase. This in turn affects the production cost and finally the high costs fall heavily on the consumers in the form of high prices. The Oil market has been unstable since the 1970’s and has been overblown by many serious disruptions. As a result the oil market has lost its market share and people have now shifted to other energy sources available . The market for alternative energy sources has expanded as its much cheaper then crude oil. People have now shifted to cheaper fuels such as natural gas, bio-diesel etc. However other ut expensive alternatives of crude oil have also emerged for e. g. Carbon free cars, these are cars which run on rechargeable battery and they are also environment friendly. Crude oil is one of the major energy source and most of the countries still consume It heavily-UK imports crude oll and as a result its suffering from Imported Inflation currently. The crude oil prices are expected to Increase In the near future and this In turn would further contribute to Inflation In the economy. If the prices of crude oll aren’t controlled then It can be said that Crude oll will continue to lose Its arket share -In order to bring stablllty In the oll market It needs to get rid of disruptions caused by various conflicts In the oll producing countries. rude oil By ‘hatewar world. It has the power to affect production because it’s a raw material which is used for producing petrol etc. The fluctuations in the price of crude oil can affect the economy on a large scale. The price of crude oil is affected by the demand and the supply like any other good. In times of bottlenecks the price is expected to rise whereas when there is an oversupply of crude oil the price tends to fall. Crude oil barrels, this was mainly caused due to hindrances such as conflicts in the Middle East and the production strikes in Nigeria . As a result this affected the price of crude oil and it rose substantially. The prices of crude oil were subject to some major fluctuations in recent years. It can be observed that the price of crude oil rose as much as $140/barrel approximately in 2008. 1n the same year it fell as low as $40/ barrel approximately. In the years 2010 and 2011 it constantly increased from $80/ and 2013 the price of crude oil fluctuated in the range of $100/barrel and $120/ hare and people have now shifted to other energy sources available . The market for consume it heavily. UK imports crude oil and as a result its suffering from imported inflation currently. The crude oil prices are expected to increase in the near future and this in turn would further contribute to inflation in the economy. If the prices of crude oil aren’t controlled then it can be said that Crude oil will continue to lose its market share . ln order to bring stability in the oil market it needs to get rid of disruptions caused by various conflicts in the oil producing countries. How to cite Crude oil, Papers

Organisational Behaviour and People Management for Bureaucracy

Question: Discuss about theOrganisational Behaviour and People Management for Bureaucracy. Answer: Introduction An organisation can be considered as a group or team of people working collectively to achieve a united mission or vision. The inclusion of the word team in the definition of an organisation defines the importance of team work in the business world. Team work in business organisations can produce synergies and can fresh perspectives and new solutions to problems (HEATHFIELD, 2018). As a result, business organisations in the present day world are trying their best to boost team work in their workplace so that they can achieve the benefits related with effective team work. In this report, we will discuss certain strategies that can help an organisation in building efficient teams. Team building strategies One of the areas where the human resource managers of business organisations face trouble is related with promoting a team oriented environment in the workplace. Due to workplace politics and bureaucracy, working as teams can sometime become challenging for the employees. Certain strategies that can help in promoting a team oriented environment in the workplace are discussed below: First of all, working in teams should be considered important right from the beginning of an organisation i.e., from the recruitment process. The recruitment process of business organisations should test the ability of the candidates to work with others as a team. This can be done by including certain team related questions in the interviews or the testing stage or by assessing the socialisation preferences of a candidate. Secondly, the leaders of the organisation should keep a check on workplace bureaucracy and politics. The leaders of the organisation can arrange for regular sessions where employees will be divided into teams and each team will be assigned a specific task to be accomplished (Cardinal, 2015). These teams should be shuffled after a while so that they do not develop a comfort zone of their own and can also get a change to interact with employees from different teams. Constant shuffling of teams and team oriented activities can help in keeping the employees engaged and comfortable in working as a team. Thirdly, evaluating team performance is one of the most important strategy in an attempt to build a team working environment. Employees should be constantly evaluated on the performance that they demonstrate as a team member along with the performance of each team (Berkeley University of California, 2018). Teams that demonstrate exceptional performance can be given rewards, which will reinforce the importance of working as teams in the minds of the employees. Lastly, establishing a common goal for the employees and providing a clarity of the common goals can also help in bringing them together as a team. Conclusion Team building is important in business organisations as it helps in creating synergies and achieving something that the employees cannot achieve individually. Team building can sometimes be difficult but by demonstrating the correct leadership skills and using the right strategies, leaders of the organisation can actually foster a team oriented environment in the workplace. References HEATHFIELD, S. M. (2018, February 28). What Is a Team? . Retrieved April 2, 2018, from www.thebalance.com: https://www.thebalance.com/what-is-a-team-1919226 Cardinal, R. (2015, April 23). 5 Steps to Building an Effective Team . Retrieved April 2, 2018, from www.huffingtonpost.com: https://www.huffingtonpost.com/rosalind-cardinal/5-steps-to-building-an-effective-team_b_7132406.html Berkeley University of California. (2018). Steps to Building an Effective Team . Retrieved April 2, 2018, from hr.berkeley.edu: https://hr.berkeley.edu/hr-network/central-guide-managing-hr/managing-hr/interaction/team-building/steps