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QUESTIONS
1. Explain in detail the concept of Utilitarianism. How does it weigh social cost and benefits. Explain your answer with 2 suitable examples.
Also explain the problems which the theory of utilitarianism faces while dealing with rights and justice. Give suitable examples of the problem.
2. Elaborate on the Psychology of competition and how is it related to Ethicality. Support your answer with suitable example.
3. Discuss in detail any 5 unethical activities and ethical activities that you observe in your surrounding?
4. Explain in detail the following concepts:- Rational model of the organization, Employees obligation to the firm, Conflict of Interest, Commercial bribe, Commercial extortion, Insider information . Give suitable examples to support your answer for each of the concept.
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This task discuss the concept of utilitarianism, the problems that face it while dealing with rights and justice. On the same note, the paper elaborates on the psychology competition in relation to ethics, outlines some of the unethical activities taking place within the surrounding and lastly provide a description of various concepts such as rational model of the organization, employees obligation to the firm, conflict of interest, commercial bribe, commercial extortion, and insider information.
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