Moral Issues in Business

Business Ethics Assignment 2Read Chapter 2 of Moral Issues in Business and watch the following videos. After doing so, answer each of the following questions. The links to the videos are provided below. What is the ethical dilemma for the victims of the Bernie Madoff Ponzi scheme?2. Compare consequentialist and non-consequentialist theories.


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3. What is Egoism?4. What is hedonism, and why is it erroneous to automatically associate it with egoism?5. Discuss the difference between Psychological Egoism and Ethical Egoism.6. Discuss Altruism in the context of Ethical and Psychological Egoism.7. What is Act Utilitarianism? Discuss some of the advantages and disadvantages to the theory.8. How does Adam Smith understand that the pursuit of self-interest will ultimately lead the individual to employ that which is most advantageous to the society as a whole?8. What is the Categorical Imperative? What are some of the advantages and disadvantages to its application?9. Compare and contrast Deontology with Utilitarianism.10. What is a prima facie obligation, and how does an individual come to understand these obligations?11. What is a major problem with Ross’ understanding of intuition?12. What is Rule Utilitarianism? How does it differ from Act Utilitarianism?


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