Is it practical to live by the categorical imperative in a corporate world? What problems could arise by applying this philosophy in a business perspective?

What will be an ideal response?


Kant believed that you have a moral duty to act in the way you believe everyone should act. One should never act in a certain way unless you are willing to have everyone else act in the same way. One cannot make an exception for your own action. Kant said that to make an exception for your own behavior is immoral and unethical. This is problematic in the real world, as it relies on one's own sense of justice to determine how others should act toward you. However, it also forecloses the possibility of doing something potentially wrong in a minor sense to effect a greater result. For instance, some business decisions will undoubtedly have negative results, and one would not want those results imposed on oneself. However, sometimes, those decisions must be made to best serve the business. Relying on individual morality may, in itself, be selfish and impractical.

Business

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Forty percent of the students who enroll in a statistics course go to the statistics laboratory on a regular basis. Past data indicates that 65% of those students who use the lab on a regular basis make a grade of A in the course. On the other hand, only 15% of students who do not go to the lab on a regular basis make a grade of A. If a particular student made an A, determine the probability that she or he used the lab on a regular basis.

What will be an ideal response?

Business

According to research on service industry companies, which of the following types of organizations rated highest in innovation and risk taking?

A. consulting firms B. all service industry companies scored about average C. transportation companies D. accounting firms

Business

List the three basic types of production technology.

What will be an ideal response?

Business

The American Marketing Association defines marketing as "the activity, set of institutions, and processes for creating, communicating, delivering, and exchanging offerings that have value for customers, clients, partners, and society at large."

Answer the following statement true (T) or false (F)

Business