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Ethical Values and Utilitarinism

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Two business ethics questions, 250 words minimum each.

1. Are some ethical values or principles relative to one's own culture, religion, or personal opinion? Are some ethical values NOT culturally relevant? What makes them different?

2. Explain how the branch of utilitarianism claims free and competitive markets can help maximize the overall good?

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Solution Summary

This solution of 854 words discussing business ethics explains how ethical values are relative to culture, religion and personal opinion with examples. It also explores how utilitarianism relates to free and competitive markets. References used are included.

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