Should the top executives of the major banks that received bail-out money be allowed to receive large bonuses? Clearly identify the utilitarian and deontological implications of your position. Be clear how your answer respects basic rights and has consequences that are for the greatest good.© BrainMass Inc. brainmass.com October 17, 2018, 1:14 am ad1c9bdddf
The top executives of the major banks that received bail-out money should not be allowed to have large bonuses. Let us look at it from the management perspective, and then as the consumer. From management, they earn thousands or possibly millions of dollars a year. Each of them work hard to keep the company running, and to make sure that workers are complying with policy and procedure on a daily basis. This is not always an easy job, but somebody has to do it because it helps to ensure that profits are coming in on a daily basis from anyone who uses their bank. They have loans and credit cards available in which they can take advantage of the consumer, which is usually the case. Each bank is government ran by FDIC. FDIC makes sure that they are complying with federal and state ...
This solution provided reasons on why top executives should not receive large bonuses as well as the implications.
Subject: Business Ethics- Personal Views / Using the Quick Test
Prepare a personal statement of your current thinking and understanding of business ethics.
A summary of the quick test results as you perceive them (see attachment). You do not need to reveal your test score. Summarize the quick test results as valid or not valid, based on your view.
An explanation of why ethics is important. What do you believe to be considered unethical?
A description of your ethical beliefs as they operate in either your current or previous work environment, or an environment in which you would like to work.
A statement of whether or not any of the five myths (see attachment) provide an accurate description of you or your beliefs. Include a rationale for your answer and whether you think the author's assessment of the five myths is valid. For example, are you a victim of these myths or do you understand them as myths?
A conclusion about your view of studying business ethics and its potential value for all business professionals. Currently, as it relates to ethics, explain what your challenges are and how solid your belief is related to what is considered ethical or not ethical, based on what your knowledge and experience.View Full Posting Details