The Walmart de Mexico Scandal

Ethics are moral principles that can be used to help guide peoples decisions. We are all different and therefore our beliefs and opinions differ. There are many ethical theories, and according to Panza and Potthast (n.d.) the following are some that are widely used. Virtue ethics is one theory which states that personality is the most important thing. Living an ethical life, acting right, requires that one develops and demonstrates the quality of courage, compassion, wisdom, and temperance. It also requires that greed, jealousy, and selfishness is avoided. Utilitarianism states that the amount of happiness and suffering created by a person’s actions is what matters the most. As a result, acting rightly includes maximizing the amount of happiness and minimizing the amount of suffering around you. At times you may need to break some of the traditional moral rules to achieve such an outcome. Kantianism is another theory which highlights the principles behind actions rather than an actions results. It states that it requires to be motivated by good principles that treats everyone with respect. If you’re motivated by good principles, you overcome your animal instinct and act ethically. Another ethical theory is the Contract theory, which suggest that ethics should be thought of as terms of agreements between people. It suggests that doing the right thing means obeying agreements set by members rather than those of society. For this theory ethics isn’t necessarily about character, consequences, or principles. The last theory I’m going to mention is Care ethics. Care ethics focuses on ethical attention on relationships before other factors. As a result, acting rightly involves building, strengthening, and maintaining strong relationship...

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...lic’s trust.

Works Cited

Barlow, D. (2012) “Vast Mexico Bribery Case Hushed Up by Wal-Mart After Top-Level Struggle.” Retrieved from, http://www.nytimes.com/2012/04/22/business/at-wal-mart-in-mexico-a-bribe-inquiry-silenced.html?pagewanted=all on 05/04/2014

Miller, F. (n.d.) “Ethical discrimination in the workplace” retrieved from, http://smallbusiness.chron.com/ethical-discrimination-workplace-14708.html on 05/04/2014

Panza, C. & Potthast, A. (n.d.) “A snapshot of key ethical theories.” Retrieved from, http://www.dummies.com/how-to/content/a-snapshot-of-key-ethical-theories.navId-323314.html?print=true on 04/21/2014

Valenti, C. (n.d.) “Employees sue Wal-Mart for overtime.” Retrieved from, http://abcnews.go.com/Business/story?id=87844 on 05/04/2014

Walmart (2014) “Our business.” Retrieved from, http://corporate.walmart.com/our-story/our-business/ on 05/04/2014