Ethical Issues: Case Study

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Ethical Issues in the case study There a few ethical issues that have been found in this case study. First ethical issues is that John did not bother to listen during the rest of the meeting. Such action portrays an impersonal egoism. Impersonal egoism or also known as individual ethical egoism says that all people should serve their own interest to motivate other people. A person with impersonal egoism are not consistent and does not fit all. Next issue that are in the case study is John mentioned to his boss that the current waste facilities are not suitable anymore to handle the waste product that will be produce by the new plant, “Ultramodern”. This action can be relate to kant’s ethnic theory. It is said that this theory believe that…show more content…
United States is one of the country and still leading as the top capitalist country in the world (Shaw, 2005). Industrial firms are privately owned, including military that produce hardware for the government. Bob’s decision on handling waste treatment and disposal problems is ethically wrong. His objective is only to maximize revenue to the shareholders of the company. Bob has put the shareholders’ interest as his priority. This action explains that Bob is profit motivated. It is explained that profit motive is commonly relates to our human nature. Where humans are motivated and interested in financial benefits (Ravikumar, n.d.). Such can be proven in the case where Bob said that he is not interested in investing on waste treatment facilities because as he was informed that the cost per unit will increase in rice if they upgrade it to the industry…show more content…
The advantages that can be adopted from capitalism is that it decreases government interference in your business. For a capitalist, the government only have minimal interference from the governments. A capitalist company have a distinct advantage compared to the company that are bound by rules and regulations from the governments. The company tend to have more freedom. Not only have that, a capitalist had private ownership of goods. Company that are capitalist are free from governments’ nationalization of assets in the country. Other than that, a capitalism in a business can increase number of competition in the market. Other may think that increased in competition is a disadvantage but increased in competition can help companies improve in quality and services (Moon,
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