Problemes based on business ethics

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1. It is often claimed that Act Utilitarianism cannot account for moral concepts such as promises or justice. Rule Utilitarianism is an attempt by Utilitarians to account for these deficiencies. Does Rule Utilitarianism succeed as an attempt to improve upon Act Utilitarianism?

2. Nozick seems to think much of what Rawls's theory would require is actually unjust re-distribution. What is Nozick's argument to this conclusion? Is he right?

3. Freeman defends the Doctrine of Fair Contracts as his version of a "normative core" for stake-holder theory. How does Freeman's argument work, that is, what theoretical device or structure does he employ to defend stake-holder theory. How "bold" is Freeman's proposal to re-invent management theory?

4. Virtue theoretic approaches to business ethics are increasingly popular. Why is a theory of right conduct prior to an ethics of virtue? Are there any other problems with applying virtue theory to ethics in business? Are these arguments also good reasons to abandon virtue theory in business ethics?

5. What is the morally correct course of action for Dr. Roy Vagelos of Merck? Why? Be sure to show how you arrived at this conclusion and what sort of moral reasoning you think is most relevant to his predicament.

6. Does Plasma, Intl. have a moral claim (or property right) to the money they made by selling the blood they purchased from the West African Tribes to the victims of natural disasters in Nicaragua? Why?

Reference no: EM13781944

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