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The five bodies of thought that form the foundation of modern business ethics.

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Critically examine the five bodies of thought that form the foundation of modern business ethics. Then discuss two or more of these with reference to an ethical dilemma that you or a manager known to you have encountered and how these ethical differences were resolved. Please refer to relevant academic literature and source materials, as well as drawing upon your knowledge of the organisation. Rationale This assignment is designed to: • Familiarise students with various management theories • Encourage students to discuss the strengths and weaknesses of the wide array...

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Question Preview:

Critically examine the five bodies of thought that form the foundation of modern business ethics. Then discuss two or more of these with reference to an ethical dilemma that you or a manager known to you have encountered and how these ethical differences were resolved. Please refer to relevant academic literature and source materials, as well as drawing upon your knowledge of the organisation. Rationale This assignment is designed to: • Familiarise students with various management theories • Encourage students to discuss the strengths and weaknesses of the wide array of theoretical contributions • Encourage students to use empirical evidence to support their arguments Marking criteria Your assignment will be assessed according to the extent to which it has: • Answered the question set, kept to the topic and covered only relevant issues; • Shown adequate use of a range of academic resources (e.g. journal articles, management books) to support arguments and recommendations; • Taken a critical orientation to the topic, theories and readings; • Built a sound argument using analysis, explanation and interpretations; • Incorporated original thinking based on a clear evaluation of evidence, treating sources critically and acknowledging their strengths and weaknesses; • Provided a well structured, clear and consistent line of reasoning across the assignment, including an effective introduction and conclusions; • Demonstrated readability (this relates to structure; clarity of expression; explanations; linkages and flow; grammar and spelling; use of headings; correct referencing and presentation)

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The Bangladesh factory experienced a fire in the recent time, and the same has led to the death and related consequences of large number of people. As regards the death of the employees are concerned, the following are the implications for the organisation, and for the society as a whole. For the proper discussion of the case under consideration, we have assumed that the employee who is working is involved in the sales and marketing of the enterprise, and the consequential impact of his death to the family and the business.

An employee is a person who is involved in the overall selling of the product, and is the one point of contact between the company and the customers. A company cannot communicate to its customers by itself. In the process of communication from the side of the company, the last leg or the last ring is the employee, and therefore the employee occupies an important role in the organisation. A death of the salesman implies some of the most crucial steps in the organisation, and this might be considerably fatal, considering the overall situation, and the manner of operations of the concern. We shall look into this aspect from two view point. The same is expressed in the ensuing paragraphs.

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