1) Read Chapter 3 in the required textbook about the different ethical theories. Then accessthis article:Ethics investigation substantiates complaint against Olympia Fields trustee who served as chief...

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1) Read Chapter 3 in the required textbook about the different ethical theories. Then accessthis article:Ethics investigation substantiates complaint against Olympia Fields trustee who served as chief of staff to state Sen. Michael Hastings
DAILY SOUTHTOWNJAN 19, 2020https://www.chicagotribune.com/suburbs/daily-southtown/ct-sta-hastings-senate-ethics-investigation-st-0119-20200118-ol3tdq7qcbdmhjildwkeldpuk4-story.html
QUESTION 1: What is an ethical theory that you can apply from Chapter 3 for this case? Why?
QUESTION 2: What ethical action would you have done if you had been in the shoes of Senator Michael Hastings that would have made the situation better by offering a solution for him and his office and for Cassandra Matz?



Slide 1 Chapter 3 Ethical Theories © 2012 Pearson Education, Inc. All rights reserved. Utilitarianism • Teleological theories hold that the rightness of actions is determined by – The amount of good consequences they produce • Actions are justified on teleological theories by – Virtue of the end they achieve © 2012 Pearson Education, Inc. All rights reserved. Utilitarianism • Deontological theories hold that – We have a duty to perform certain acts because • Of the nature of these actions of the rules from which they follow • Not because of the benefit to ourselves or others © 2012 Pearson Education, Inc. All rights reserved. The Principle of Utility • Classical utilitarianism states an action is right if and only if – It produces the greatest balance of pleasure over pain for everyone • The four theses of utilitarianism are: – Consequentialism, hedonism, maximalism, and universalism © 2012 Pearson Education, Inc. All rights reserved. Act and Rule Utilitarianism • Act-Utilitarianism states an action is right if and only if it – Produces the greatest balance of pleasure over pain for everyone • Is a simpler theory and provides an easily understood decision procedure. © 2012 Pearson Education, Inc. All rights reserved. Act and Rule Utilitarianism • Rule Utilitarianism states an action is right if and only if it – Conforms to a set of rules • Acceptance of which would produce the greatest balance of pleasure over pain for everyone • Gives firmer ground to the rules of morality. © 2012 Pearson Education, Inc. All rights reserved. Problems With Calculating Utility • Some actions produce more pleasure for us than others. • It is easy to rank actions in order of the pleasure they give us. • It is impossible to accurately measure how much pleasure they give us. © 2012 Pearson Education, Inc. All rights reserved. The Universalizability Principle • Principle of Universalizability – If act is right/wrong for one person then • It is right/wrong for all other relevantly similar persons in similar circumstances • As a matter of logic, we must be consistent in the judgments we make. © 2012 Pearson Education, Inc. All rights reserved. Virtue in Business • Virtue ethics could be applied to business directly by holding that – The virtues of a good businessperson are the same as those of a good person © 2012 Pearson Education, Inc. All rights reserved. Natural Rights • Natural Rights – Belong to all persons purely by virtue of their being human • Are characterized by two main features: – Universality – Unconditionality © 2012 Pearson Education, Inc. All rights reserved. The Nature and Value of Justice • Aristotle distinguished three kinds of justice: 1. Distributive- the distribution of benefits and burdens 2. Compensatory-compensating persons for wrongs done to them 3. Retributive -punishment of wrongdoers © 2012 Pearson Education, Inc. All rights reserved. Rawls’s Egalitarian Theory • Difference Principle – An unequal distribution is justified if • Everyone would be better off with the inequality than without it • Principle of Equal Opportunity – Careers should be open to all on the basis of talent and that’s all © 2012 Pearson Education, Inc. All rights reserved. Nozick’s Entitlement Theory • Nozick believes any acceptable principle of justice must be nonpatterned – Any pattern of distribution can be achieved and maintained only by • violating the right to liberty. • Upholding the right to liberty upsets any particular pattern of justice. © 2012 Pearson Education, Inc. All rights reserved. Nozick’s Three Principles • Nozick’s Three Principles – Principle of just transfer – Principle of just original acquisition – Principle of rectification, • This principle is necessary because holdings can be unjustly appropriated by force or fraud
Answered Same DayJan 21, 2021

Answer To: 1) Read Chapter 3 in the required textbook about the different ethical theories. Then accessthis...

Rupsha answered on Jan 22 2021
137 Votes
Running Head: ETHICS INVESTIGATION MANAGEMENT-BUSINESS     
ETHICS INVESTIGATION MANAGEMENT-BUSINESS     
3
ETHICS INVESTIGATION MANAGEMENT-BUSINESS
Q.1
    The ethical theory of the nature and value of justice can be applied for this case. The application of Retributive justice can be applicable for this case because all the people, who do wrong things, get punishment in the Retributive justice.
    Cassandra Matz, the former chief of staff of Michael Hastings was founded guilty for using her official E-mail account for prohibited political activities and personal real-estate businesses. She mailed attachments on her working hours about her...
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