Business Ethic 4 questions Assignment Example | Topics and Well Written Essays - 250 words

Business Ethic 4 questions - Assignment Example The other stakeholders would be the company itself and the society. The company will benefit from the profit drawn by the product in the market and the society will be adversely and positive affected from the benefits or drawbacks of the product. 3) The alternative decisions could be either to spend more money on R & D to make it safer before releasing it in the market. The other decisions could be to tell people about the fact that the product will not be able to work under extreme conditions. The last alternative could be to stop the production of the product citing it unsafe for the consumers. 4) Stopping the production of hazardous products falls under the category of rule based ethics because the motivation of the company to stop the production is safety of the people that the company values. Similarly, spending more money on R & D falls under consequentialism because the fairness of the action depends on its outcome only. R&D would make the product better and will increase its

Essay Example | Topics and Well Written Essays - 250 words - 93

Essay Example Knowing that everything happens for a reason, not necessarily something we would know at present or even in a lifetime, but just going back to who God is, would give us enough hope & strength to take a significant step of faith each day and eventually allow us to create significance in other people’s lives (Rick Warren: A life of purpose, n.d.). Another inspiring video on leadership would be Stanley McChrystal’s â€Å"Listen, learn, then lead† video. As a military man, he has learned what it is like to go through loss, disappointment, & fear. Just like the reality of life, we may never be far from challenges that create a noise that will make us give up or resent life. However, only in listening in times of doubt will enable one to learn the lessons that are only brought about by pain, and only in experiencing not only joy but also pain will enable one to sympathize and comfort others and lead them to an understanding of the possibility of failure and develop the right attitude to stand up once again. Also, this video reminds me of the saying, â€Å"experience is the best teacher,† where though most of the time we deem painful experiences unnecessary, those are the most effective teachers of wisdom we can apply in every season of our lives & eventually lead others to do the same (Stanley McChrystal: Lis ten, learn ... then lead,