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Wednesday, 27 February 2013

Ethical Theories

A element has successfully organized a teleph unmatched line deal between Green participation and a one million dollar pension fund. The broke and his staff atomic number 18 having lunch at fancy restaurant to celebrate a promotion. The waiter at the restaurant brings the broker the earphone. On the phone is a senior account executive from Green Company who wants to by the broker and his staff lunch to show his range for their hard work. The senior account executive tells the broker that he will give the restaurant owner his credit notification number and encourages the broker and his team to have a severe time at his expense. The ethical issue the broker is set about with if he accepts the offer would be a conflict of stake between himself and the Green Company. The broker considers using the philosophical system of Utilitarianism, the common test approach of the Golden Rule, Universal morality and Virtue Ethics in making his decision.
Considering the philosophical system of Utilitarianism, the broker would make his decision based on what would drive the greatest benefit for society or all the stakeholders involved.

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In this particular case the broker would need to consider the future(a) stakeholders: the pension fund, the individual investors, Green Company, the broker’s employer, the broker’s direct reports and the broker’s other clients. found on the facts provided, if the broker accepts the offer, there doesn’t appear to be any immediate harm to the stakeholders. The benefit therefore, would be that the broker and his subordinates enjoy a luxurious meal at no cost and the executive of Green Company is happy that his gratitude has been accepted. On the other hand, accepting the gift may make his or her employer unhappy because it’s in direct violation of follow policy. Also, if the broker accepts the offer, he or she may compromise the institutionalise of his or her other clients to act in their best amuse in future business deals.If the broker declines the offer, the...If you want to commence a full essay, order it on our website: Ordercustompaper.com



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