Reference no: EM13922188
Week One Journal Objective You will outline and explain ethical theories and then apply that knowledge to how organizations would function were they to adopt those ethical principles. In addition, you will also examine punishments for corporations and present your own ideas about the relationship between ethical demands on business entities vs. those on individuals in society. Instructions In this assignment you will reflect on the topics of Week One and apply them to an analysis of ethical paradigms. You will be asked to respond to two prompts below. The first asks you to explain three of the ethical philosophies you encountered in Chapter 1 of Introduction to Business Ethics, and then determine how companies that abide by these policies would act. In the second prompt, you will be asked to explain various punishments that can be given to corporations and the behaviors that are ethically dangerous to corporations. Please answer all questions in detail. Because this journal is worth 5% of your final grade, there is a high expectation for your participation. Grades for the journals are based on content, critical engagement, quality of reflection, and detail. Please submit the completed journal via the Assignment Basket found in the Week One Journal tab on the left navigation toolbar by Day 7. Organizations Select a Not-For Profit and a For Profit organization you would like to study.
These will be the organizations that you will be focusing on throughout the course so be sure to choose organizations that you find interesting and that you think will be engaging as you learn about the ethical climates of these organizations. Place the Name of the Not-For-Profit Organization here: Place the name of the For-Profit Organization here: Reflection Prompts Please think about and answer the following prompts. These reflections will not be graded on grammar and syntax, but on the depth of critical reflection and the analysis that composes your answers.
Utilize this space to gather information and notes that you think will aid in your analysis of business ethics. Reflection Prompt #1 Summarize three of the ethical theories that are explained in Chapter 1 of Introduction to Business Ethics.
Explain how people running businesses would construct their companies if they utilized these ethical theories. For example, you might personally think that people should act to increase the overall happiness for the greatest number of people (utilitarianism). You would explain utilitarianism and then explain how a company based in utilitarian ethics would function. In other words: What products would they make? How would they treat their employees? How would they treat their customers? How would they manufacture their products? How would they utilize their resources and profits were they to become successful? Reflection Prompt #2 Analyze three of the punishments that corporations undergo when they have acted unethically (i.e., name them, define them, explain what they are). In addition, explain three threats to running an ethical corporation. Finally, from your own perspective, explain whether or not a corporation should have to function by the same codes of morality that individual people in society have to abide by or if they should be allowed to get away with certain actions that people in society cannot get away with.
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Incidents of criminal prosecution, convictions
: Topic 3: According to the U.S. Justice Department, in 2003 about 10.4 percent of all African American men between ages 25 to 29 were incarcerated, as compared to 2.4 percent of Hispanic men and 1.2 percent of Non-Hispanic White men. What is going ..
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Index futures contract at a futures price
: On January 1, you sold one April S&P 500 Index futures contract at a futures price of 895. If the April futures price is 800 on February 1, your profit would be __________ if you close your position.
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About the future value of an annuity
: Your client is 29 years old; and she wants to begin saving for retirement, with the first payment to come one year from now. She can save $9,000 per year; and you advise her to invest it in the stock market, which you expect to provide an average ret..
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Paper based on best instructional practices
: You will write a scholarly paper based on best instructional practices. Frame your paper so that you are focused on a specific context (e.g. high school biology) so that you are able to generate ideas for application as your write your paper.
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Outline and explain ethical theories
: Week One Journal Objective You will outline and explain ethical theories and then apply that knowledge to how organizations would function were they to adopt those ethical principles. In addition, you will also examine punishments for corporations..
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What are the effects on the after-tax profits and cash flow
: A project currently generates sales of $11.4 million, variable costs equal to 50% of sales, and fixed costs of $3.4 million. The firm’s tax rate is 30%. a. What are the effects on the after-tax profits and cash flow, if sales increase from $11.4 mill..
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The futures price quote for contract
: The current level of the S&P 500 is 1,500. The dividend yield on the S&P 500 is 7%. The risk-free interest rate is 8%. The futures price quote for a contract on the S&P 500 due to expire 6 months from now should be __________.
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Share value using the discounted dividends method
: Assume a firm will pay its first dividend in 2 years. This initial period’s dividend is forecast to be $3.00 per share for the first 3 years and then is expected to grow at 4% per year in perpetuity. Assume WACC = 12%; the cost of equity is 16%; the ..
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Suppose the real risk-free rate
: Suppose the real risk-free rate is 3.00%, the average expected future inflation rate is 6.20%, and a maturity risk premium of 0.10% per year to maturity applies, i.e., MRP = 0.10%(t), where t is the years to maturity. What rate of return would you ex..
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