Business Ethics Research Paper Example | Topics and Well Written Essays - 500 words - 3

Business Ethics - Research Paper ExampleThe auditors would come, and most probably, would not be fitted to learn about Woodss adjustments in the bills. there are two main options in front of Alex either to tell what Wood has been doing to the auditors and get him fired, or remain silent and see what happens. There is no guarantee that Alex would be able to convince the auditors to let go of Woods if they come to hunch what he has been doing, and if Alex does try to convince them to do so, they might find it offensive and report the case to the authorities accusing Alex of cheating. On the other hand, this fact cannot be overlooked that whatever Woods has done has benefited the participation in general and the department in particular one way or the other. In appendix to that, the overall effect of Woodss adjustments is negligible as the funds affected amount to by chance five percent of the plants annual earnings. These points impart the need to overlook Woodss mistake and int erpret the benefits drawn as a result of it.Utilitarianism is one of the most widely employed theories of moral philosophy. Utilitarianism, as the constitute indicates, places emphasis upon the utility of an action. Utilitarianism states that the moral standard should be promotion of the best longterm interests of everyone concerned (Nine theories of ethics). In other words, if the end result of a certain action is good, this justifies the action irrespective of whether or not it is against the rules or principles. Analysis of the case under consideration suggests that whatever Woods has done has generated roaring results for the company.Absolutism is another theory of ethics which believes in a universally applicable system of determine and norms. This system is applicable upon everyone at all times. Absolutism places a lot of emphasis upon rules, and does not draw off any exceptions. Analyzing the case under consideration in light of the theory of absolutism,