Profit maximization is the short-term goal of the business no matter if it sells a product or provides a service. Shareholders' value maximization is the long-term goal of the business. ... " he will find his answer quick and take a decision - if everybody took bribe, there would be no other way one to achieve his goals. ... According to the theory, virtuous actions are those which help us to achieve our potential. The purpose of living is to achieve our potentiality. ...

• Word Count: 2690
• Approx Pages: 11

Many well-known philosophers agree that morality puts limits on individual conduct; however, they do not agree with how those limits relate to a persons goals. ... Friedrich Nietzsche believes that morality generally conflicts with the achievement of one's goals. ... Eventually they are consumed by the thought of master morality individuals that they do not have any goals in their life. ... Thomas Hobbes argues in his essay, "Leviathan, " that abiding by morality's limits on our conduct helps us to achieve our goals. ... So to achieve a morally "good' society, morality's li...

• Word Count: 2651
• Approx Pages: 11

As Pfizer, a multinational corporation, we have certain ethical responsibilities. There are two traditional stakeholder theories by which my company may operate. One is the ownership theory. The ownership theory is mainly focused on making a profit: maximizing shareholder returns and making as much money as possible for those who own stock in the firm. This theory is ethically wrong because it only accounts for stockholders and owners as true stakeholders of the firm. ...

• Word Count: 3015
• Approx Pages: 12
• Grade Level: Undergraduate

Contents 1. Executive Summary 2.Theoretical Approaches to Business Ethics 3. Moral Relativism VS Moral Absolutism 4. Ethical Issues in Business Affecting Business Operations 5. Business Objectives affected by Ethical Considerations 6. Anglo American and its Stakeholders to Operate Ethically 7. Angl...

• Word Count: 5693
• Approx Pages: 23
• Has Bibliography
• Grade Level: Undergraduate

Crime prevention and public safety are the overarching goals of law enforcement. ... Officers at times bend and sometimes break rules and laws in attempting to reach those goals. ... By violating the rule-of-law police do not achieve a visible reduction in criminal activity. ...

• Word Count: 2665
• Approx Pages: 11
• Has Bibliography
• Grade Level: Undergraduate