business ethics Lesson 3 Assignment

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University of the Fraser Valley *

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221

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Philosophy

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Dec 6, 2023

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docx

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Lesson 3 Assignment 1. Under what scenario could a consequentialist defend the act of stealing? A consequentialist care about the result of an action and the act itself. A scenario in which a consequentialist could defend the act of stealing is if they have a deflated tire and decide to pull over in a parking lot near a parked, empty car. They decide to take a good tire off of the car because it will help them get back to where they are trying to go. The consequentialist would weigh the risk of getting caught by the owner or their own means of safety. A consequentialist may defend the act of stealing based on them being more concerned almost the genuine result than the activity itself. They tend to stress approximately the more prominent great of the reason. 4. How could a utilitarian justify cheating on an exam? In the happiness calculation, the utilitarian would be the only one affected if they were to cheat on the exam. However, if the utilitarian does cheat, they will get a higher grade which will incite happiness because this person is not failing. 10. What's an example from today's world of a utilitarian sacrifice?
An example of utilitarian sacrifice if a shooter came into a school and a teacher risks their life taking down the shooter. Their sacrifice is for the greater good of the students and other persons in the building. Frontliners doing their job despite the danger of being exposed to the Covid virus. People working in the health, freight, and other service industry expose themselves to risk to continuously serve and keep the world running. They do so not for recognition or reward but the greater good of the people . 16. In what situation would an egoist decide that a lie is morally wrong? ●An egoist does things that serve themselves. If they can benefit off, it well then they consider it to be morally ethical. A situation in which an egoist can decide that a lie is morally wrong is if it does not benefit them and that not telling the lie is the morally correct thing to do. An egoist does things that serve themselves. If they can benefit off it well then they consider it to be morally ethical. A situation in which an egoist can decide that a lie is morally wrong is if it does not benefit them and that not telling the lie is the morally correct thing to do. 19. What is the invisible hand? The invisible hand is the drive someone gets from reviewing competition and pushes those whose goals are to make money to assist others in trying to make their lives better in the process.
The invisible hand is a term used in economics to describe the unseen or hidden forces that guide the free market. In a free market, each participant is motivated by self-interest to produce goods or services that are in demand. The invisible hand refers to the unintended consequences of these actions, which can lead to a more efficient and stable market. The concept of the invisible hand was first introduced by Adam Smith in his 1776 book, An Inquiry into the Nature and Causes of the Wealth of Nations. In this work, Smith described the invisible hand as an unseen force that guides the market. He argued that individuals acting in their own self-interest can unintentionally promote the public good.
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