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Business, society, ethics, industrial policies

Utilize the knowledge you have gained to respond to the following essay questions. Your answers should state your position and use logical arguments and content from the textbook and other sources to support it.

Simple one or two sentence answers are unacceptable. I expect you to demonstrate your "critical thinking" skills.

You must defend your answers/opinions using material from the lectures, textbook, or other reference material (you might want to do additional research on both of the cases).
Be sure to properly cite references using whatever method you are comfortable with.
All responses must be typewritten

1. The authors state that more often than not individuals think about a moral situation briefly, and then go with their instincts. Do you agree with this characterization of moral judgment? What evidence can you provide to support your position?

2. The concept of servant leadership presented in Chapter 8 states that leaders should seek first to serve their followers, and by doing so, they become great leaders. Evaluate this idea. Is it something that would work in the United States?

3. One of the ways to make judgments about the ethical impacts of technology is to employ prevailing norms of acceptability in determining what is fair and to avoid harm. Provide a critique of using this criterion.

4. The three models of ethical management (immoral, moral, and amoral) provide only one "good" example--that of moral management. However, some people imply that immoral and amoral management are prevalent in our society, while moral management is practiced less. Which is the bigger problem in our society, immoral or amoral management?

5. Industrial policy sometimes allows, or requires, government financial assistance to certain industries (e.g., the airline industry or the railroad industry). In addition to industry-wide assistance, the government has on occasion provided bailouts for individual firms. Is bailing out a specific company an appropriate use of government regulation?

Solution Preview

Business and Society

1. The authors state that more often than not individuals think about a moral situation briefly, and then go with their instincts. Do you agree with this characterization of moral judgment? What evidence can you provide to support your position?

Moral life of 'Human beings' can be divided into two forms, one based on moral instincts and the other on moral judgments. The former is carried on without consideration and planning, while the latter relies upon evaluations and judgments. Morality is a multistep and a continuous process which is affected by several external factors. Reasons and emotions also play role in moral judgment of a person.

Moral instincts are the deep-seated form of morality which makes the foundation for moral judgment. It represents the superficial form of moral life. It doesn't change with the time or by any external influence. It is deep seated and people have belief their instincts as it grow as the person grow.
Most of the people go with their instincts in a situation that demands for their moral judgment. It is because instincts suddenly and spontaneously appear in consciousness in response to the witnessed moral situation. These instincts determine the moral judgment of a person. When a situation demands for moral judgment, he/she will engage in conscious reasoning in order to produce a justification and his/her judgment will be influenced by their deeply rooted instincts. These instincts are developed in a person through different stages; from childhood to adulthood. That is why a person believes in his/ her instincts to make a moral decision or a moral judgment.

2. The concept of servant leadership presented in Ch 8 states that leaders should seek first to serve their followers, and by doing so, they become great leaders. Evaluate this idea. Is it something that would work in the United States?

I believe that servant leadership is an increasingly popular approach to organizational leadership these days. Servant leaders help organization achieve objectives and goals by giving priority attention to the needs of their teams, colleagues and those they serve. These leaders are characterized by their polite, humble and understanding nature. They have collaborative and participative management style where they involve their subordinates and teams in decision making. They also delegate responsibility within their team in order to encourage and motivate their teams. Servant leader encourage, support and enable their team to unfold their full potential and abilities. That is why Servant leaders are required in the today's business environment and they become great leaders.

Servant leaders is based on the ethical principle of putting the ...

Solution Summary

Business, society, ethics and industrial policies are determined.

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