Saturday, February 22, 2020

Ethical theory and bio ethics Essay Example | Topics and Well Written Essays - 250 words

Ethical theory and bio ethics - Essay Example Kantian ethics revolve around Kant’s principle of Categorical Imperative. Two major formulations of this principle are: formula of the universal law, and formula of the end in itself. I think that Kantian ethics are not flexible, and are based on duty rather than consequences. They become a problem in situations where compassion and empathy has to be preferred over duty. Greek ethics before Socrates focused on ethike arà ªte in carrying out a responsibility efficiently. Ethike arà ªte presented role-defined ethics, and formed the basis for many ethical principles. However, Socrates changed this perception, asserting that there have to be distinctive ethike arà ªte for every individual. I feel this change was important to shift from a broader sense of ethical characteristics to a narrow one. For example, Greek ethics before Socrates tended to ask, â€Å"What are the good traits of a physician?’ Socrates changed this to a narrow sense as, â€Å"What are the good traits of a person who seeks to be a

Thursday, February 6, 2020

Strategic management Essay Example | Topics and Well Written Essays - 1500 words - 3

Strategic management - Essay Example More specifically, using the diagram in the Figure 3, Appendix, the firm’s stakeholders could be categorized as follows: a) the Owners should be found at the level of the relevant hierarchy having the strongest interest in the firm’s performance, b) the firm’s employees would follow, c) suppliers would also be interested in the firm’s position in its market – indicating its ability to continue its cooperation with its suppliers, d) customers would be at the next – lower – level; they would be benefited from the firm’s performance – but only up to the point that they could not identify other firm with similar products and lower prices; e) the state would be at the last level of the relevant list; the firm’s performance would be important for the state affecting its contributions in the national economy – tax paid for the firm’s profits. The performance of the firm within its market can be differentiated under the influence of a series of factors. These factors have been identified and explained using the Pestel Analysis; at a next level the industry globalisation drivers are presented – at the level that they are related with the firm’s operational initiatives. In accordance with Neely (2002) ‘the key benefit in the process of deciding what to measure appears to lie in the fact that the process forces management teams to be explicit about their priorities’ (Neely, 2002, p.295). In other words, the identification and the evaluation of key strategic values for the development of corporate activities are quite important for setting the criteria on which the restructuring of the firm’s strategies will be based. In the PESTEL analysis, the firm’s operations are related to specific factors, the following ones: a) Political; it refers to the government’s strategies regarding the entrepreneurial activity in the specific industry; even if in the