Moral situation

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  • Esteem is a simple word. It is worth and value that we apply to people, places, and situations. It is the amount of respect we assess. We have esteem for our world leaders. We have esteem for places like church and synagogue. We have esteem for an exemplary performance whether it is in sports, acting, or simply doing the right thing.

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  • OF all disciplines necessary to the criminal justice in addition to the knowledge of law, the most important are those derived from psychology. For such sciences teach him to know the type of man it is his business to deal with. Now psychological sciences appear in various forms. There is a native psychology, a keenness of vision given in the march of experience, to a few fortunate persons, who see rightly without having learned the laws which determine the course of events, or without being even conscious of them.

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  • We are confronted with the problems of globalisation daily. Globalisation has become a common phenomenon, yet one that many people experience as a threat not only to their economic existence, but also to their cultural and moral self-image. Some join protest organisations like ATTAC and others. Their protests regularly lead to violence at international summits. Moreover, the current situation after September 11th can be seen as an indirect consequence of problems associated with globalisation.

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  • The concept of aesthetic labour is partly seen from the perspective of ethics. There may be strictly applied selection criteria for the recruitment and selection of new employees. For an appointments panel such a situation could cause conflict between organisational requirements and personal private views on what is moral or fair. The ethical problem concerns the Human Resource manager, who wishes to appoint someone, but who needs professional reasons for appointing a less attractive person.

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  • Deposit insurance clearly introduces a different treatment of (some) bank deposits with respect to all other financial activities where saving can be allocated. It has the consequence of putting in a situation of comparative disadvantage other financial intermediaries with respect to banks, and, inside the banking sector, it favours deposit collection vis a vis other bank liabilities. Deposit protection involves a typical problem of moral hazard, providing more incentives for bank managers to undertake risks.

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  • Even if there is symmetry ex ante between borrower and lender (i.e. the bank knows the credit quality of the borrower), the collateral helps to alleviate moral hazard problems once the loan has been granted. In this sense, the collateral pledged helps align the interests of both lenders and borrowers, avoiding a situation in which the borrower makes less effort to ensure the success of the project for which finance was given. Thus, collateral makes it possible to limit the problem of the moral hazard faced by all banks when they lend money. Collateral can therefore be seen as...

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  • Moral judgment, or capacity to judge which alternatives are ethically acceptable and which are not and to determine the uprightness of the intention. Good behavior requires deliberation and deciding to carry out an action. Making sound moral judgments is previous to making a good decision. In this deliberation, practical wisdom plays a crucial role. It fosters upright moral reasoning by taking into account universal principles and the pertinent circumstances of each situation.

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  • Comprehensive and practical, BUSINESS: ITS LEGAL, ETHICAL, & GLOBAL ENVIRONMENT, 9TH EDITION emphasizes real-world applications and encourages critical thinking skills. While exploring the intersection of law, business strategy, and ethics in the text, readers apply the concepts to more than 200 real-world situations and a wealth of learning features, while heightening their own sense of morality.

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  • Chapter 9 - Ethical business strategies, social responsibility, and environmental sustainability. This chapter includes contents: What do we mean by business ethics? Where do ethical standards come from – are they universal or dependent on local norms and situational circumstances? the three categories of management morality drivers of unethical strategies and business behavior why ethical strategies matter approaches to managing a company’s ethical conduct social responsibility and corporate citizenship strategies.

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  • Chapter 4 introduces you to workplace values, ethics and emotions. In this chapter, you will learn: identify the different types and levels of values; define the five main values that vary across cultures; describe three ethical principles and other factors influencing ethical behaviour; explain how moral intensity, ethical sensitivity and the situation influence ethical behaviour; discuss the linkages between emotions and behaviour;...

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  • Chapter 7 provides knowledge of Ethics.

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  • McGraw-Hill © 2004 The McGraw-Hill Companies, Inc. All rights reserved. .Chapter 3 Managing Social Responsibility and Ethics McGraw-Hill © 2004 The McGraw-Hill Companies, Inc. All rights reserved. .After reading this chapter, you should be able to: Learning Objectives Apply the four key ethical criteria that managers and employees should use when making business decisions. Understand why businesses establish codes of ethics as a method of guiding employee conduct. Recognize ways to encourage ethical behavior in business. McGraw-Hill © 2004 The McGraw-Hill Companies, Inc.

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