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Concerns of the results of growth in population, increased environmental pollution, and fossil fuel depletion have led to uncertainty about the fabulous continuous technological growth. In counter intuitive argument, science is the best ground in the analysis and approach to real life aspects. Ostensibly, the advancement in technology has failed to preserve natural resources that are of utter importance for human existence.
Simon’s technological project analyses whether the supply of natural resources like energy is infinite. The technological project concludes that the supply of natural resources is infinite. Hence, the notion that natural resources are finite in terms of supply is misleading, erroneous, and perverts the intellects of great scientists. Clever reasoning must be supported by historical facts prior to concluding that natural resources are finite for the mere fact that most are nonrenewable. The oil reserves of the world are sufficient to meet the needs of the world. Simon reflects the technological project through analyzing the idea of supply of natural resources and misconceptions that made powerful minds to end up into errors. Simon’s exploration shows that the supply of natural resources where energy is on the forefront of the analysis is unlimited. He also extensively and comprehensively review literatures on the topic and identifies flaws that besmirched the conclusions of the
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According to the task, these ethics can be explained in many different theories of ethics that include virtue ethics, rationality, utilitarianism, communitarianism, social ethics and normative ethics. Hence, international business ethics and corporate governance can be explained in various ways (Casson 95).
Business ethics are rules as well as standards which an organization is required to follow while performing its activities or operations. It mainly consists of moral standards which vary among organizations and it also helps in determining the right and the wrong decisions.
For example, according to the limited knowledge of the researcher, Magna Carta of 1215 was the first legal reference for ethics in UK (Holme, 2008). However, magnitude of importance for ethical perspective of business operation has been increased manifold in recent years after the financial scams by corporate such as Enron, Lehman Brothers, Worldcom, Nortel and many others came to the light.
Business ethics theories are often adopted by organisations seeking to curb practices that are deemed as corrupt. They usually have moral principles that organisations can implement to make sure that all the workers operating in the company conform to accepted codes of behaviour
Examples of ethical issues concerning three different issues have been explained along with their alleged law suits that have flagged these issues in the United States.
Business ethics are the moral eternal, abstract, and the
To some, the suggestion that an orderly and analytical process of decision making, not only on a personal level – but more so in business, should include the discussion of highly controversial ethical issues, about which
The other group of business people takes it as avoiding activities that portray bad image of the company. If the above are not considered as business ethics the business institutions may suffer loss or may earn the business bad reputation.Business people believe that if good business ethics are adhered to then the business will experience an upward trend with a lot of profit.
A similarity between ethics in the United States and ethics in Asia is that they address a variety of similar factors such as pollution, corruption, fraud and contracts among others. Although approaches to dealing with
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