Business Ethics and Virtue Ethics Essay Example | Topics and Well Written Essays - 1250 words

Business Ethics and Virtue Ethics - Essay ExampleAccording to Immanuel Kant, justice truth is allow ind in his famous methaphysics of morals. The justice fair play ethics can be applied to each sweatshop operation. Kants morals include the individuals compulsory allegiance to the established laws. Even if the government orders the individuals to violate the laws, the individuals should implement all tenets of the laws, without exception. The failure to implement the nations approved law provisions should be meted the identical penalties. The penalties include fines, incarceration, or even death. Kant insists that the people must implement their ethical duty to obey approved statutes, ordinances, policies, and other established standards. The penalties are meant to deter next repetitions of the immoral acts or non-acts (Hill, 2012). Second, another(prenominal) virtue is fairness. Fairness virtue includes refusing implement any act or non-act that testament unduly create unfair disfavor to other individuals. Fairness can be likened to the golden rule. The golden rule reiterates that one should not do any act or non-act on another person that one does not destiny replicated by the other person. For example, the individual should not kick an innocent third person if the individual does not want to be kicked in the same way (Fischer, 2012). Third, Mattel implements configuration generosity virtue. The generosity virtue includes generating abundance resources. The abundant resources are used to accomplish the communitys established goals and objectives. The goals and objectives are presumed to be complying with virtue ethics morality doctrines. The goals and objectives are designed to make most of the people feel happy. Mattel can small children. However, the company allocates the scarce resources to ensuring that the companys sales targets, production targets, and other benchmarks are achieved with the allocated time period. Generosity does not equate to spending unwisely. Generosity does not include cutting down expenses on certain avoidable acts or non-acts. For example, the company should purchase nontoxic paint (Russell, 2009). The generosity virtue includes allocated more than enough funds for accomplish Mattels organizational goals and objectives. Application of virtues to Mattel Toys Of the virtues, one virtue is justice. Justice includes improving the sweatshop production environment in some outsourcing environments. The company implemented compliance with the virtue ethics for some time. However, the financial constraints of continuing the policy were draining the companys profits. Several Mattel field officers reduced and even postponed the required virtue ethics policies. Consequently, the company was forced to stop prioritizing implementing the virtue ethics emphasis on improving the sweatshop production facilities work environment. Second, another virtue is fairness. Fairness includes avoiding or stopping business comm itments and partnerships with erring business partners found violating Mattels virtue ethics policies. The company will stop engaging in the buying the erring suppliers products. The erring suppliers include those that implement substandard work conditions. The erring suppliers include current and future suppliers polluting their production environments, water, air, land, and other natural resources. On the other hand, Mattel will buy products suppliers who comply with Mattels established virtue ethics standards. Mattel will not deal with suppliers that pay their employees