71203 Level 6 Business Ethics Assignment Answer

This is the assignment answer of 71203 Level 6 Business Ethics Assignment Answer NZ.

You’ll be able to identify ethical dilemmas in the real world and have a more nuanced understanding of how these decisions unfold.

This will help you make better, more informed judgments when it comes time for your own decision-making process.

Ever wondered what it feels like to see an ethical dilemma coming from miles away? Well now is your chance!

Assignment Solutions of 71203 Level 6 Business Ethics

Assignment Activity 1. analyse particular business situations using ethical theories to generate recommendations for action

Ethics are about doing the right thing. They are more than just a moral debate about right and wrong.

Ethics can also be about creating responsible organizations and governments or making our society ethical as a whole.This is a document to help you make good decisions about whether something is right or not.

It tells you about the different sources for how we make judgments on this, and then it gives you steps to take when deciding if something is right or wrong.

Decisions about right and wrong are everywhere. From how you act at work to considering if your company should do business abroad.

People need help understanding their options ethically when they make these decisions.The goal of ethics in business management is to teach people how to make decisions.

To do this, we will teach you a decision-making tool that can be used when making choices. This way, you can make more informed decisions which will help the company and the workers.

Assignment Activity 2. develop reasoned arguments to support positions on topical ethical issues in business

Some good arguments for whether or not business should be geared towards the needs and wants of the market include:

– It is unethical to provide products that are unnecessary to society

– Some people disagree with providing goods or services to those who may harm themselves.

One of these groups would be those whose faith forbids buying, selling, owning, etc. What people buy at a grocery store could include alcohol, tobacco and weapons.

Jews, Muslims (and some Christians) would not be able to buy any service that is directly connected to pork products or any firearms.

Some people say that it is wrong to sell things like alcohol or cigarettes because they are not part of some cultures.But other people have said that selling these items could advance an otherwise counterintuitive agenda.

For example, the sale of alcoholic beverages might help public institutions provide a different type of food for their students.

The separation of Church and State is an explicit part of the Constitution – so it would be reasonable to conclude that goods or services can not be banned on moral grounds.

They are within our rights to provide a service for people who wish to buy or own such products (consumpti

Assignment Activity 3. identify and discuss the nature of ethical inquiry and the nature of ethical justification with regard to business issues and situations

Ethical inquiry is about the specific issue. Every moral dilemma has an underlying issue that can be addressed on many different perspectives.It’s tough to be a parent because we don’t want our children to become like us when they grow up and have kids.

What I mean is that when addressing a moral dilemma, parents often come into conflict with themselves about what is ultimately best for their child.

But as you help your child make difficult decisions and grapple with challenges over time, you’ll see important growth and they won’t turn out badly because of it.

“Ethical justification” as a person’s ethical reasons for their behavior. To start, it would be important to define what exactly you think “business” means in this context.

If you consider the word “business” to generally mean competitive enterprise, then ethics integration is so vital because without competition there would not exist a market for customers.

Without customers courted by companies who are initially unethical, that company will eventually fail and be replaced with one that will behave ethically in order to compete with the now-ethical conforming business-companies.

Assignment Activity 4. Explain the positions of some major ethical theories and illustrate a critical understanding of these approaches using examples drawn from business situations

There are many ways to think about what is right. But there are four main ways people usually think about it: consequentialism, virtue ethics, deontological ethics, and contractarianism.

In consequentialist theories, the alignment of one’s actions with their goals determines if they are “good” or not. These goals are usually for things like happiness or knowledge–but it can be different depending on the theory.

In a virtue theory, actions are good if they reflect the virtues that you should have at this time in your life. If you aim for a specific outcome, then it might not happen no matter what you do.

In order to illustrate a critical understanding of these approaches, it is necessary to provide examples drawn from business situations.

A good example would be the availability dilemma. Customers are more likely to purchase an item when they see other customers doing so; for example, many people buy butter in December at Christmas time only because they see others buying it.

When no one wants an item, retailers often place them near the cash register or more obvious aisles so that customers are compelled into making a purchase.

However, this approach could lead to never-ending shortages in unpopular items and merchandise overflows where people never even consider buying said items.

To solve this dilemma between sales and popularity, we use a new way that is similar to how people act in social situations. We use wireless devices and sensors to communicate with one another.

Assignment Activity 5. apply some major ethical theories to evaluate the ethical acceptability of actions in business situations

The three ethical theories I can think of are Utilitarianism, Consequentialism, and Deontology.

Utilitarianism– is the only framework that can justify military force or war, because it focuses on producing maximal good for as many people and possible.

Act utilitarianism makes sense of this approach by making any action achieve its greatest utility if they produce the best outcome for all those involved – both present and future generations.

Consequentialism– is a theory that suggests an action is good or bad depending on its outcome.

An action that brings about more benefit than harm is good, while an act which causes more damage and pain than anything else has done before it should not be carried out under any circumstance.

The most famous version of this philosophy, Utilitarianism applies to many different areas in life including ones personal relationships with others around them as well as their own interests themselves so they can make the best decisions for future outcomes without causing too much destruction along the way.

Deontology– is a theory that suggests actions are good or bad according to a clear set of rules. Deon, the Greek word from which it takes its name means duty and ethics arise when one obeys these well-defined principles.

Assignment Activity 6. critically discuss topical ethical issues in business.

When companies engage in ethical misconduct it not only negatively impacts the company itself and its reputation but also causes corruption, erosion of trust, and indifference toward the use of unethical practices.

Some ways that a company might be dishonest is if they lie about the quality of their products. They can also charge too much for things that have no value, like cookies.

Another way they could lie is by advertising weight loss supplements that are not effective or safe.

The company could also unfairly compete with other companies on the same chain level or within the same industry/market segment of business.

If a company knows something is wrong with their product, then they should not offer unrealistic guarantees to customers because it will make people rely on those assurances and it may be harmful or even fatal if you rely on those assurances for use and it turns out to be harmful or even fatal.

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