We are here with you hands in hands to facilitate your learning & don't appreciate the idea of copying or replicating solutions. Read More>>

Looking For Something at vustudents.ning.com? Click Here to Search

www.bit.ly/vucodes

+ Link For Assignments, GDBs & Online Quizzes Solution

www.bit.ly/papersvu

+ Link For Past Papers, Solved MCQs, Short Notes & More


Dear Students! Share your Assignments / GDBs / Quizzes files as you receive in your LMS, So it can be discussed/solved timely. Add Discussion

How to Add New Discussion in Study Group ? Step By Step Guide Click Here.

MGT610 Business Ethics GDB Spring 2020 Solution & Discussion

+ How to Follow the New Added Discussions at Your Mail Address?

+ How to Join Subject Study Groups & Get Helping Material?

+ How to become Top Reputation, Angels, Intellectual, Featured Members & Moderators?

+ VU Students Reserves The Right to Delete Your Profile, If?


See Your Saved Posts Timeline

Views: 600

.

+ http://bit.ly/vucodes (Link for Assignments, GDBs & Online Quizzes Solution)

+ http://bit.ly/papersvu (Link for Past Papers, Solved MCQs, Short Notes & More)

+ Click Here to Search (Looking For something at vustudents.ning.com?)

+ Click Here To Join (Our facebook study Group)

Replies to This Discussion

Share the GDB Question & Discuss Here.... 

MGT610 GDB 1 Solution and Discussion

Dear Students,

This is to inform that Graded Discussion Board (GDB) will be opened on June 03, 2020 for discussion and last date of discussion will be June 08, 2020.

Note:

For acquiring the relevant knowledge, do not rely only on handouts but also watch the course video lectures and read additional material available online or in any other mode.

Important Instructions:

  1. Your discussion must be based on logical facts.

  2. The GDB will open and close on above specified date and time. Please note that no grace day or extra time will be given for posting comments on GDB.

  3. Use the font style “Times New Roman” and font size “12”.

  4. Your answer should be relevant to the topic i.e. clear and concise.

  5. Do not copy or exchange your answer with other students. Two identical/copied comments will be marked Zero (0) and may damage your grade in the course.

  6. Books, websites and other reading material may be consulted before posting your comments; but copying or reproducing the text from books, websites and other reading materials is strictly prohibited. Such comments will be marked as Zero (0) even if you provide references.

  7. You should post your answer on the Graded Discussion Board (GDB), not on the Moderated Discussion Board (MDB). Both will run parallel to each other during the time specified above. Therefore, due care will be needed.

  8. Obnoxious or ignoble answer should be strictly avoided.

  9. You cannot participate in the discussion after the due date via email.

  10. Questions / queries related to the content of the GDB, which may be posted by the students on MDB or via e-mail, will not be replied till the due date of GDB is over.

Last date Monday - Closing Date :Monday, June 08, 2020
Moral philosophy refers to “the set of principles or rules that people use to decide what is right or wrong”. There are several moral philosophies that guide managers to deal with ethical and moral problems and to formulate business strategies.
Discuss how utilitarianism and cultural relativism guide the managers to make business decision.

Total Marks 5
Starting Date Wednesday, June 03, 2020
Closing Date Monday, June 08, 2020
Status Open
Question Title Business Ethics
Question Description

To make an enriched discussion you are required to go through the article titled “How Should Managers Treat Ethics in International Business?” uploaded in the download section of your course website at VULMS.

Discussion Question:

Moral philosophy refers to “the set of principles or rules that people use to decide what is right or wrong”. There are several moral philosophies that guide managers to deal with ethical and moral problems and to formulate business strategies.

Discuss how utilitarianism and cultural relativism guide the managers to make business decision.

Note: The article is available in downloads section at VULMS as “Business Ethics-GDB Spring 2020”. Copying as it is from the article or any other source would be considered as cheating and would be graded 0 marks. Try to produce your own answers with the help of the article. You can search additional material apart from the given article as well.

Important Instructions:


Your discussion must be based on logical facts.
Do not copy or exchange your answer with other students. Two identical / copied comments will be marked Zero (0) and may damage your grade in the cours
Obnoxious or ignoble answer should be strictly avoided.
Questions / queries related to the content of the GDB, which may be posted by the students on MDB or via e-mail, will not be replied till the due date of GDB is over.

Mgt610 gdb solution|| Mgt610 gdb spring 2020|| Mgt610 gdb solved

Mgt610 gdb solution|| Mgt610 gdb spring 2020|| Mgt610 gdb solved
Mgt610 gdb solution|| Mgt610 gdb spring 2020|| Mgt610 gdb solved
Mgt610 gdb solution|| Mgt610 gdb spring 2020|| Mgt610 gdb solved

All virtual university assignments and gdb help free
Mgt610 gdb solution|| Mgt610 gdb spring 2020|| Mgt610 gdb solved
Vu assignments solutions
Mgt610 gdb and assignments solution download
Free download all assignments
Student life

Mgt610 gdb and assignments solution download
Mgt610 gdb solution|| Mgt610 gdb spring 2020|| Mgt610 gdb solved
Mgt610 gdb solution|| Mgt610 gdb spring 2020|| Mgt610 gdb solved
Mgt610 gdb solution|| Mgt610 gdb spring 2020|| Mgt610 gdb solved

#mgt610gdb
#mgt610
#gdb
#gdbsolution
#studentlife

MGT610 GDB NO.1 2020

Utilitarianism

Individual Self-interest. When individuals are deciding what to do for themselves alone, they consider only their own utility. For example, if you are choosing ice cream for yourself, the utilitarian view is that you should choose the flavour that will give you the most pleasure.

When faced with a decision, a utilitarian asks, “How does the action relate to everyone who is affected by it? If it is beneficial to the majority, then it is right. If it is detrimental to the majority, then it is wrong.” Utilitarian’s tend to reason as follows: “I strongly believe that x is the best decision because the consequences benefit the greatest number of people.”

Concern as to how an act affects the general welfare is often considered to be a higher stage of moral reasoning than is cultural relativism. In this sense, the individual is not just concerned about following national laws, but about whether the law is morally justified when the well-being of others is considered. Utilitarian emphasize the consequences of an action on all those affected by it. During the middle Ages, political and economic policies were legislated that primarily served the interests of the ruling mon- arch’s family. In the 18th and 19th centuries, the philosophers Jeremy Bentham and John Stuart Mill37 countered that what mattered most was the greatest good for the greatest number of people. In On Liberty, Mill argued that the greatest good for political arrangements entailed respecting every person’s liberty, not just that of the monarchy or parliament.38 Ethical conduct is that which creates the most good in the world, provided that the liberty of others is not violated. In the United States, utilitarianism is a foundational ethic for the nation’s political, economic, and business systems. Democracy is justified on utilitarian grounds in the sense that the policy chosen is that which the majority of voters desire. Capitalism is justified on utilitarian grounds because the pursuit of economic self-interest improves national wealth. Business decisions based on cost–benefit analysis are also grounded in utilitarian logic. Organizations need managers who are utilitarian, always looking after what is best for the organization and broader society. As a predominant ethical theory, however, utilitarianism can be problematic for organizations. For instance, to avoid bankruptcy, utilitarian managers could decide to save money by eliminating costly safety protections that benefit only a few maintenance workers. Utilitarian seeking a reasonable solution to these issues will usually broaden their conceptualization of “greater good” to include human rights or undertake actions that they would want everyone to do, thereby taking the next step up the moral reasoning ladder.

Culture relativism

Cultural relativism is the idea that a person's beliefs, values, and practices should be understood based on that person's own culture, rather than be judged against the criteria of another. National laws and norms matter a great deal for cultural relativists. Laws are established through two distinct processes, Congress and the judicial system, that mediate individual and social group differences. Political legislation is the result of Democrats and Republicans representing their group’s interests and then, by voting, reaching a conclusion binding on everyone. Judicial

Please Don’t Copy Paste

laws are the result of lawyers presenting competing perspectives and reaching a decision binding on everyone. Cultural relativism is also a rather common ethical theory. Many managers do not want to break the law, even when doing so might personally benefit them or their company. Managers want to do what is right in the eyes of the legal establishment. When problems arise, they ask company lawyers to provide a legal opinion. Organizations need managers who are cultural relativists, adamant that local, state, and federal laws be obeyed. As a predominant ethical theory, however, cultural relativism can be problematic for organizations. Just because something is legal does not mean that it is ethical. Until midway through the Civil War, businesses could legally use slave labour in the United States, but doing so was unethical because it violated individual liberty. Similarly, just because an organization has the legal right to pollute up to a certain amount does not mean it should, particularly if available pollution controls are not burdensome. Cultural relativists seeking a reasonable solution to these dilemmas will usually broaden their

consciousness to considering the greatest good for the greatest number of people affected, individual rights, or virtuous behaviour, which are the three final steps up the moral reasoning ladder. These three ethical theories are aimed at minimizing the most common human biased a preference for self- interests, group interests, and national interests.

RSS

Today Top Members 

© 2020   Created by +M.Tariq Malik.   Powered by

Promote Us  |  Report an Issue  |  Privacy Policy  |  Terms of Service

.