Ethics Essay - 1071 Words

Name: Dinesh Jagwani Batch: BAFD2 1321A Module: Ethics in Business Studies Course: B.S.C. (Hons) in Accounting and Finance Lecturer: Mr. Daniel Chew UOB No: 12035285 Topic: Producing toys- Child’s Play? Producing Toy’s – Child’s Play? Deontological ethics are concerned with what people do and not with the consequences of their actions. It teaches some actions might be correct or wrong because of their nature, and it is the duty of the people to act accordingly, regardless of the consequences that might occur, for the good or bad. It basically means one has to adhere to the universal rules and guidelines irrespective of the consequences and act in accordance to them. Getting to the means is not important by the way or choice of†¦show more content†¦Maxim 1: The first maxim states that â€Å"Act only according to that maxim whereby you can at the same time will that it should become a universal law without contradiction†. The decision contradicts the universal law as the product manager does not want to see his nieces in the same situation as the kids making the toys. He wonders about his nieces and whether he would like to see them grow up as the kids making the toys. He wants his nieces to have a good life with education, shelter and all basic necessities. According to maxim 1, even the children making the toys should have the same privileges. As a result this decision by the product manager fails maxim 1 and although it makes financial sense, ethically it will not be right and according to the universal law the decision does not support deontology theory as the product manager is not at ease with himself in the same situation. As a result according to maxim 1 it will be a non-ethical decision. Maxim 2: The second maxim states that â€Å"Act in such a way that you treat humanity, whether in your own person or in the person of any other, never merely as a means to an end but always at the same time as an end†. This means one should treat another person as one would like to be in the treated himself. The product manager would definitely not want to be in the same situation as the family making the toys, where young childrenShow MoreRelatedEthics And Ethics : Ethics922 Words   |  4 Pagesand friend group to be altered. One change I was not anticipating making was my approach to ethics. Over the course of the past fifteen weeks, my knowledge of ethics as well as my approach to ethics has changed. I have become more knowledgeable about the different approaches to ethics and have gained insight as to where I stand in my approach to ethics. 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