Business Ethics and Virtue Ethics - Essay Example

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Essay, Business: Business Ethics and Virtue Ethics Teacher: Subject: December 21, 2012 Ethics includes the required acts or non-acts in any given situation. The study will scrutinize virtue ethics. The study will scrutinize deontology and utilitarianism ethics…
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Business Ethics and Virtue Ethics
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Download file to see previous pages According to Immanuel Kant, justice virtue is included in his famous methaphysics of morals. The justice virtue ethics can be applied to each sweatshop operation. Kant’s morals include the individuals’ compulsory obedience to the established laws. Even if the government orders the individuals to violate the laws, the individuals should implement all tenets of the laws, without exception. The failure to implement the nation’s approved law provisions should be meted the corresponding penalties. The penalties include fines, incarceration, or even death. Kant insists that the people must implement their ethical duty to obey approved statutes, ordinances, policies, and other established standards. The penalties are meant to deter future repetitions of the immoral acts or non-acts (Hill, 2012). Second, another virtue is fairness. Fairness virtue includes refusing implement any act or non-act that will unduly create unfair disadvantage to other individuals. Fairness can be likened to the golden rule. The golden rule reiterates that one should not do any act or non-act on another person that one does not want replicated by the other person. For example, the individual should not kick an innocent third person if the individual does not want to be kicked in the same way (Fischer, 2012). Third, Mattel implements compliance generosity virtue. The generosity virtue includes generating abundance resources. The abundant resources are used to accomplish the company’s established goals and objectives. The goals and objectives are presumed to be complying with virtue ethics’ morality doctrines. The goals and objectives are designed to make most of the people feel happy. Mattel can small children. However, the company allocates the scarce resources to ensuring that the company’s sales targets, production targets, and other benchmarks are achieved with the allocated time period. Generosity does not equate to spending unwisely. Generosity does not include cutting down expenses on certain avoidable acts or non-acts. For example, the company should purchase nontoxic paint (Russell, 2009). The generosity virtue includes allocated more than enough funds for accomplish Mattel’s organizational goals and objectives. Application of virtues to Mattel Toys Of the virtues, one virtue is justice. Justice includes improving the sweatshop production environment in some outsourcing environments. The company implemented compliance with the virtue ethics for some time. However, the financial constraints of continuing the policy were draining the company’s profits. Several Mattel field officers reduced and even postponed the required virtue ethics policies. Consequently, the company was forced to stop prioritizing implementing the virtue ethics’ emphasis on improving the sweatshop production facilities’ work environment. Second, another virtue is fairness. Fairness includes avoiding or stopping business commitments and partnerships with erring business partners found violating Mattel’s virtue ethics policies. The company will stop engaging in the buying the erring suppliers’ products. The erring suppliers include those that implement substandard work conditions. The erring suppliers include current and future suppliers’ polluting their production environments, water, air, land, and other natural resources. On the other hand, Mattel will buy products suppliers who comply with Mattel’s established virtue ethics standards. Mattel will not deal with suppliers that pay their employees ...Download file to see next pagesRead More
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