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Lesson 3 Uniform Laws Discussion Forum

Lesson 3 Uniform Laws Discussion Forum

Q This assignment requires that you assume the role of an advocate rather than simply posting about how you really feel about this topic. A key consideration for this assignment is the question of the ethical duties (and sometimes related legal duties) of business management to stakeholders with potentially competing interests. Initial Post For your initial post, prepare two separate arguments with two separate headings. First, argue for the general proposition that it is always ethically responsible for a business to maximize profits for the benefit of its investors. Second, argue the opposite, that it is not always ethically responsible for a business to maximize profits for the benefit of its investors. Use 150–250 words for each argument. You may use concepts and ethical theories from the textbook and this lesson to support your arguments. Replies to Peers Second, review your classmates' posts and respond to at least two of their arguments with substantive replies of at least 50 words. In your replies, it is fine to tell the class how you really feel about these issues. There are many interesting public policy issues relating to this topic. You are encouraged to address these issues in your posts. Discussion forums will be conducted in a post-first format. This means that you will not be able to view other posts until you have posted your own original response. All initial entries should be posted no later than 11:59 p.m. (ET) on Wednesday of this week. You must reply to at least two colleagues by no later than 11:59 p.m. (ET) Sunday. Reminder After posting to the Discussion Forum, you will not have the ability to edit or delete your post. Please compose and edit your content in a word processing program first. Use the editing process to refine your work and correct errors. Then copy and paste into the Discussion Forum.

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For the argument where it is always ethically responsible for a business to maximize profits for the benefit of its investors has multiple reasons why this could be true. One reason could be being honest with everyone you interact with and telling them how it is, this could be with other employees, customers, or people who help outside the company. Another way you can take this approach ethically is treating all employees with fairness and making sure they all feel included so that they can perform the best way they can. Another way could be that your company is partnered with another company and both of you expect to perform with integrity and to make sure no one stabs the other person's back.