Evaluate the ethical implications and impact of the events of selected business situations using predominant ethical theories and concepts.

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Evaluate the ethical implications and impact of the events of selected business situations using predominant ethical theories and concepts.Business Ethics Highlights
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Can Ad Copy Be False but Not Misleading? If So, Is That OK?
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By The Editors / December 20, 2018 / Uncategorized / 3 comments
business_ethics_highlights_2We know that sometimes even a true statement can be misleading. For example, when Publisher’s Clearinghouse Sweepstakes entry forms state that “nobody has a better chance of winning than you,” some people take that statement – wrongly – to mean that they have a better chance of winning than everyone else. (The statement is, of course, consistent with everyone who enters having an equal chance of winning, but that’s not how everyone reads “nobody has a better chance of winning than you.”)

But what about the inverse case? Can a false statement be innocuous because it’s not misleading?

Recently, one of the editors bought a bottle of McCormick maple extract (pictured). The box in which it came contains the claim (at the top) that the 2-fluid-ounce bottle contains “2x [two times] more than our 1 fl oz” bottle. But the 2 oz bottle doesn’t contain two times more maple extract than the 1 oz; it contains two times as much. In order for it to contain two times more, it would have to contain 3 oz (because 3 is two times more than 1). So, the statement is literally false.

However, it is likely that most people – and perhaps all people except the editor in question – use ‘x times more’ and ‘x times as much’ interchangeably to mean ‘x times as much’, and thus read ‘x times more’ to mean ‘x times as much’. Put differently, perhaps no one expects a bottle promising ‘two times more’ to contain three times as much—and they might be misled about the volume on offer if it did contains three times as much.

Is McCormick in the clear here after all?>>>

(Photo: It doesn’t contain two times more, but it says it does.)

What do you think?

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Answer & Explanation
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There are several business situations that can be evaluated in terms of their ethical implications and impact using predominant ethical theories and concepts. Below are some examples:

Enron Scandal: The Enron scandal was one of the biggest corporate scandals in history, involving the manipulation of financial statements and accounting fraud. The ethical implications of this situation can be evaluated using several ethical theories, such as deontology, utilitarianism, and virtue ethics. Deontology would argue that the actions of Enron executives were inherently wrong, as they violated ethical principles such as honesty and integrity. Utilitarianism would focus on the harm caused to stakeholders and argue that the actions of Enron executives were unethical because they caused harm to others. Virtue ethics would focus on the character of the Enron executives and argue that they lacked the virtues of honesty, integrity, and responsibility.

Volkswagen Emissions Scandal: The Volkswagen emissions scandal involved the use of illegal software to cheat emissions tests on diesel cars. The ethical implications of this situation can be evaluated using ethical theories such a

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Step-by-step explanation
s consequentialism, deontology, and virtue ethics. Consequentialism would argue that the actions of Volkswagen were unethical because they caused harm to the environment and public health. Deontology would argue that the actions of Volkswagen were inherently wrong, as they violated ethical principles such as honesty and responsibility. Virtue ethics would focus on the character of Volkswagen executives and argue that they lacked the virtues of honesty, integrity, and responsibility.

Facebook Data Scandal: The Facebook data scandal involved the collection and use of personal data of millions of Facebook users without their consent by a third-party data firm. The ethical implications of this situation can be evaluated using ethical theories such as deontology, consequentialism, and virtue ethics. Deontology would argue that the actions of Facebook were inherently wrong, as they violated ethical principles such as respect for privacy and informed consent. Consequentialism would focus on the harm caused to users and argue that the actions of Facebook were unethical because they caused harm to others. Virtue ethics would focus on the character of Facebook executives and argue that they lacked the virtues of honesty, transparency, and responsibility.

Sweatshop Labor: The use of sweatshop labor involves the exploitation of workers in developing countries who work long hours for low wages and in poor working conditions. The ethical implications of this situation can be evaluated using ethical theories such as deontology, consequentialism, and virtue ethics. Deontology would argue that the use of sweatshop labor is inherently wrong, as it violates ethical principles such as respect for human dignity and fair treatment. Consequentialism would focus on the harm caused to workers and argue that the use of sweatshop labor is unethical because it causes harm to others. Virtue ethics would focus on the character of companies that use sweatshop labor and argue that they lack the virtues of compassion, fairness, and responsibility.

Overall, the ethical implications and impact of business situations can be evaluated using a variety of ethical theories and concepts. By analyzing these situations through an ethical lens, we can better understand the moral dimensions of business decisions and work to promote ethical behavior in the corporate world.

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