Three different ideologies, follow different beliefs and practices: Karl Marx’s liberalism or communism, John Locke’s natural rights and Adam Smith’s free market. Each has its own benefit and good in what they believe in. However, considering our time now, our business activities and ethical practices, no one ideology will be appropriate. We must follow and adapt to mixed market ideology which is a mixture of these beliefs. Adapting what is moral and good with the three will mostly benefit us and our analysis and decisions.
Our group was the assigned interrogator for the reporting group. We had similar analysis and decided on the same ACA, where Brian should use his knowledge and expertise in marijuana for medical purposes. However, in the course of the group’s presentation, I was geared more on one of their ACA’s, where Brian should use his knowledge and expertise and divert it to planting other crops. Upon listening to them and looking into their analysis, I became more drawn to this ACA, mainly because it is beneficial to all stakeholders, to all concern and even to Brian himself. Utilitarian - Definitely, this course of action is for the good of all Rights and duties - It is Brian’s right to engage in business and earn. With his business, it his duty to produce goods that are beneficial and at its best quality. Justice and fairness - It is just and fair for Brian to continue developing his expertise and knowledge and at the same time earn for himself. Ethics of care - Brian’s skills and expertise will help him produce good quality crops that will be helpful and beneficial to others. He may produce crops with great amount of vitamins, minerals and nutrients. He may also produce crops which a highly clean and healthy and without any trace of GMO. Ethics of virtue - Diverting Brian’s business to such is definitely beneficial to all. In this course of action, we may follow the following implementation:
Our decisions are not only affected by how we analyze situations; moreover, it is affected by actual experiences, news, laws, and usually what is being followed/done by others. This should not be the case. before we act or decide on anything, we must weigh the pros and cons, the effects and consequences of our actions, not just to ourselves but also to others.
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AuthorRLM, daughter, wife, mother, employee and student will blog about her reflections on her BUS560M Class. She hopes to continue this blog after taking-up the course. Enjoy reading! =) Archives
January 2016
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