Business Law Moral Minimum - 1382 Words

The Moral Minimum: A Complex Standard Each person has a set of personal values and morals that they hold themselves accountable to, whether for religious reasons or the result of years of environmental conditioning. These standards of behavior often go above and beyond the laws set in place by government. Just like individuals, a business entity chooses a standard of moral behavior to uphold. A difficult task to undertake, considering businesses are comprised of people with varying behavioral standards, but a necessary one nonetheless. Businesses are required to act with a moral minimum, defined as the minimum degree of ethical behavior expected of a business, or more specifically, compliance with the law . Most businesses go above this†¦show more content†¦It goes beyond that of the moral minimum, rejecting certain moral norms and debating borderline â€Å"moral issues†, such as drinking or gambling. Despite the author’s book being based on criminal law and society’s dealings with deviant behavior, it sheds light on the framework for moral minimum in a business context. If a business’s behavior does not physically result in harm to anyone, but violates a higher moralShow MoreRelatedDifferent Perspectives On Corporate Social Responsibility959 Words   |  4 Pagespossible moral minimum for organisations. Define Friedmans and Freemans perspectives on (CSR). There are two major perspectives on Corporate Social Responsibility, Friedmans Classical Perspective and Freemans Stakeholder Perspective. Friedmans Classical Perspective refers to the perspective that the primary goal of business is to maximise the economic efficiency while continually acting within the boundaries of the law. This neglects the idea of ethical behaviour, and chooses to only use the law as theRead MoreMoral Responsibility797 Words   |  4 Pages(A) of the core moral responsibility This is done by P. Pula Li (Peter Pratley)proposed. Pula Li believes that the same as the implementation of quality management, companies also accept the moral responsibility of the concrete. at the lowest level, the enterprise must take three responsibilities: (1) concern for consumers, such as the ability to meet the ease of use, product safety And other requirements; (2)concern for the environment; (3) interest on the minimum working conditions. Platts theseRead MoreThe Minimum Wage Debacle1320 Words   |  6 PagesThe Minimum Wage Debacle â€Å"I could be easily replaced by someone tomorrow for less money.† What a dispiriting statement. I was told this from a coworker in October of last year. This coworker has worked for the same grocery store for over twenty years. His remark caused me to formulate many questions about the ethics of business. More specifically though is the question of how this can be a bigger problem than I had originally thought. I have worked many low end jobs, and have seen firstRead MoreThe Fair Labor Standards Act908 Words   |  4 Pagesbottom. Without law regulating how much the people who have fallen to the bottom gain, life would be unlivable. This is the cause for the Fair Labor Standards Act, this law was the first us law to set a federal minimal wage. it has been over 76 years since this law was passed and we are now faced with the same problem. People work hard and don t make enough to live a enjoyable life. When the minimal wage is increased to fifteen dollars an hour the economy will be stimulated, worker moral will increaseRead MoreEssay on Pros and Cons of Minimum Wage701 Words   |  3 PagesCons of Minimum Wage The argument for minimum wage has remained remake consistent over the years. Some people are against minimum wage and the other think minimum wage can help you in a certain way. In the midst of the Great Depression, the Unites States federal government passed the Fair Labor Standards Act. The law has been amended almost every year to expand coverage of the wage floor and to increase the wage itself. Many of the fifty states have enacted their own minimum wage laws, some ofRead MoreRaise Wages Not Expenses1680 Words   |  7 Pagesnational minimum wage is not enough to support a family in our economy. Raising the minimum wage, is an option, but it would do more damage to the economy than it would help. Many lower wage employees and others disagree, so there s constant arguing about what the national minimum wage should be. The minimum wage level has been a topic of debate for decades since it was first introduced in the 1930’s during the Great Depression. Labor unions at the time tried a couple of times to get a minimum wageRead MoreFuture Consideration For Employer Based Health Insurance1628 Words   |  7 PagesEmployer-Based Coverage The ACA â€Å"makes health insurance more secure and reliable for Americans who have it, makes coverage more affordable for families and small business owners, and brings down skyrocketing healthcare costs that have put a strain on individuals, families, employers, and our Federal budget† (Obamacare Facts, n.d.) by the establishment of laws which govern how healthcare. Under the ACA, provisions regarding enhanced protections for individuals who already had insurance such as dependent coverageRead MoreEthics Module 5 Essay782 Words   |  4 PagesProf. Business ethics Written Assignment-M5 Assigned questions: The original assignment in this module dealt primarily with employers trying to find wrongdoing by employees.   We now turn to the question of employee rights and employer obligations.   Using at least two (2) of the foundational ethical theories studied in Module 2, you should answer  the following questions.  Ã‚  Ã‚  With each answer, you should  discuss the issues and set forth and defend a clear position.   --Federal law requiresRead MoreBusiness Ethics And Law : Legal And Ethical Issues1213 Words   |  5 PagesLegal and Ethical Issues in Business Business ethics and law are fundamental principles that guide the way businesses operate. Business ethics are decided and formed by each company and differ from one company to another. They are the core values that business owners, managers, and employees use to conduct their daily operations. Acting in an ethical way consists of distinguishing between right and wrong and choosing what is right. Business law is all rules and regulations that all businesses shouldRead MoreThe Pros and Cons of Abolishing Minimum Wage954 Words   |  4 PagesAbolishing Minimum Wage Increase, decrease or abolish minimum wage; which is best for our citizens and our economy? Minimum wage was implemented to help unskilled workers to make a living wage but as time goes on the value of minimum wage has plummet. In my research paper I will provide knowledge about minimum wage such as the history, purpose, benefits and the results. I will also present the pros and cons of abolishing the minimum wage and the increase/decrease of minimum. The minimum wage was