3. According to the article, a lot of people do what Pani did. Is that a justification for his action? Explain.
The argument that "if everyone does it, it must be right", is an argumentum ad populum (argument to the people). That is, it is a fallacy that asserts that a proposition is acceptable because many people think so. Thus, just because other ex-employees take copies of their work projects with them when they leave the job, it does not mean it is either legal or acceptable. At Intel for example, Pani had an agreement with his employer not to divulge trade secrets, which included his engineering projects. With this in mind, the fact that other people do it does not justify his actions. Rather, it merely proves that other people are willing
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As an egoist who regards the ethical obligation to self as the highest priority, he was doing the right thing to get as much money as possible from both companies. Furthermore, he was insuring himself by taking the documents that proved his skills, or might even give him an advantage at AMD in the future. Unfortunately for Pani, however, he was caught. Thus, once we know the results of his actions, we can say they aren't in line with an egoist viewpoint at all, because they resulted in devastating consequences, rather than the advantages he had no doubt hoped for. If we look at Pani's case from a utilitarian point of view, his choices minimized happiness. If he had simply finished his Intel-paid vacation, left Intel, then started at AMD, while upholding his end of his employee trade secret agreement with Intel, the happiness of all stakeholders, including himself, would have been maximized.
References:
Brusseau, J. (2012). Business Ethics. Retrieved from http://jsmith.cis.byuh.edu/books/business-ethics
Gaudin, S. (2008, November 7). Former Intel engineer indicted for stealing trade secrets. Retrieved from
If the responsibility for his actions rests with him and him alone, it may be argued that it is his weakness and his ambition that matter.... ... middle of paper ... ... Another set of beliefs held at that time was that all things were set in their correct places and this applied to people as well.
Ethics policies are implemented in almost all businesses. Companies search for candidates that will be moral in their actions so they can ensure long-term financial success. Throughout history we have seen businesses fall due to unethical behavior. In recent years the business Enron Corporation is best known for the scandal that led to the bankruptcy of a company with more than 60 billion dollars in assets. We will examine the circumstances that led to the downfall of Enron, how the scandal was realized, as well as the outcome of one of the largest bankruptcies in American history; a case that exemplifies unethical professional behavior.
Lastly, by holding unlawful job negotiations with a Pentagon official, the Boeing former financial officer was seen to be breaching the utilitarianism principle. Moreover, concealing of the findings of the internal studies regarding gender’s pay further illustrates this ethical lapse in Boeing.
that he was willing to go to great lengths to keep his unethical practices hidden. When his
• Once more, the ordinary science’ proves itself as the master of classification, inventing and defining the various categories of Egoism. Per example, psychological egoism, which defines doctrine that an individual is always motivated by self-interest, then rational egoism which unquestionably advocates acting in self-interest. Ethical egoism as diametrically opposite of ethical altruism which obliges a moral agent to assist the other first, even if sacrifices own interest. Also, ethical egoism differs from both rational and psychological egoism in ‘defending’ doctrine which considers all actions with contributive beneficial effects for an acting individual
Because he has no respect for himself, he can have no respect for others, either.
Many other businesses may not want to do business as the company was involved with immoral behavior. The unethical business practices of the company will also gain exposure in the media and to the public (Nicol, 2015, n.p). Employees no longer keep unethical activities of the company to themselves. As a whistleblower, they may be perceived as a traitor, but in this case the senior executives are being traitors. They are taking money from immoral behavior and tarnishing the name of the company (Nicol, 2015, n.p).
Ethical behavior is behavior that a person considers to be appropriate. A person’s moral principals are shaped from birth, and developed overtime throughout the person’s life. There are many factors that can influence what a person believes whats is right, or what is wrong. Some factors are a person’s family, religious beliefs, culture, and experiences. In business it is of great importance for an employee to understand how to act ethically to prevent a company from being sued, and receiving criticism from the public while bringing in profits for the company. (Mallor, Barnes, Bowers, & Langvardt, 2010) Business ethics is when ethical behavior is applied in an business environment, or by a business. There are many situations that can arise in which a person is experiencing an ethical dilemma. They have to choose between standing by their own personal ethical standards or to comply with their companies ethical standards. In some instances some have to choose whether to serve their own personal interests, or the interest of the company. In this essay I will be examining the financial events surrounding Bernie Madoff, and the events surrounding Enron.
I discovered how sticking to one’s morals should be the topmost priority for everyone involved in business, whether personal or professional. Regardless of what the consequences may be, the intensity of the problem, and the complexities it may bring, sacrificing one’s integrity should never be an option, as integrity goes hand-in-hand with the morals of an individual (Duggan & Woodhouse, 2011). They further go on to say that having individuals take part in building a code of ethics that supports employee integrity, they will act ethically. Also, I believe that companies should place more emphasis on the moral behavior of their employees, and clear-cut policies should be set regarding such ethical situations. Furthermore, I realized how serving justice while making decisions really helps in the long run, and that opting to go for the ideal rather than they deserved is not always the best option, and could hurt a company in more than one
His personality and way of thinking played a role in his many un-ethical decisions. Steve was a man of great intellect, but he lacked heart, hurting countless people in his personal life and in the work place. He would attack anyone that got in the way of his goals. He was a rude and controlling man, and who lacked concern for the welfare of others. “One thing Jobs himself avoided doing was "helping neighbors in need." There is no public record of him giving a dime to charity, and on several occasions he was ostentatious in his refusal to do so” (Ferguson 2015). Is this proper ethics? “Workplace bullying also is very bad for business. Researcher Emily Bassman found that "employee abuse can have major bottom-line consequences" for employers. An employer may suffer direct costs, indirect costs, and opportunity costs as a result of abusive work environments”. (Yamada 2000) Poor ethical choices effect the profitability of a company. Steve was a genius for what he contributed to the technology industry, but he was not very ethical. He gained the world, but where was his
...to admit to mostly charges of theft and hacking into many networks. With the new life in computers he is CEO and owns he own Computer Company that searches for vulnerability’s his consulting firm is well established and clients look to him for advice and corrections of there systems
Egoism is the idea that a person believes they should do whatever is necessary to attain their own advancements and pleasures, disregarding their dishonorable acts. Plenty who have egoistic traits believe it is the justifications of such behaviors that drives one to exhibit unethical decisions. In fact, no matter how clear a goal may appear one always experiences unexpected circumstances when trying to reach any goal. Consequently, individuals tend to turn to their religions, when put under unexpected predicaments. For this reason, they end up turning to religion to fix their circumstances, or to forgive them from all wrongdoings to help ease their consciousness. Therefore, their egoistic traits leads them towards “conditional faith,” only
In the aftermath of Enron, Washington Mutual Bank, TYCO, and World Comm these companies went against the grain of what good ethical behavior is and what their respective company’s code of ethics were. The criminal justice system has made it clear that it will not allow companies and their executives to get away with the misuse of public trust by allowing them to make themselves rich at the expense of the employee. Where these crimes are both ethically and morally wrong, the CEO’s of major corporations are being punished by a ...
...ings that he does are so not human-like which makes him evil. Another instance that
Tyco provides products and services across the world. The company is global and diversified providing a variety of products including electronics, healthcare, fire and security services and engineered products and services. While employing over 250,000 people worldwide they grossed approximately $40 billion in revenue in the year 2005. In 2002 Tyco was involved with the corporate scandal where the management mis-appropriated corporation funds. The previous CEO Dennis Kozlowski was convicted in 2005 on 22 counts of the 23 that he was charged with. This is an example of not only a legal issue of responsibility but also one of an ethical issue that the Tyco Corporation has had to face. In the face of the legal and ethical issues that this mishap had placed the corporation in, Tyco placed Ed Breen in as chairman and CEO. Mr. Breen joined the company in 2002 after the scandal and immediately began the rebuild of the company’s name. With the appointment of Ed Breen and his changing of the company’s ethical standards (to be discussed in the next portion of the paper) he promotes the legal responsibilities of not only the company’s employees but the responsibilities of the suppliers and buyers to report any wrong doing. This reporting also speaks to the ethics of the Tyco corporation employees as well as those of the companies th...