Question
In: Finance
The Nexus company wants to get a contract to build roads in Nigeria. It is the...
The Nexus company wants to get a contract to build roads in Nigeria. It is the standard business practice for companies to give payments and gifts to officials in Africa. Nexus could easily lose the contract to a competitor. Which of the following ethical theories is defined as a belief in time-and-place ethics and holds that ethical truths depend on the circumstances?
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Solutions
Expert Solution
An ethical theory that beliefs in the time and place ethics ie ethical truths depend on the individuals and groups holding them is Moral Relativism theory.
Answer is
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Utilitarian ethical theory is founded on the ability to predict the action conequences.
Deontological theory is based on obligations and duties when analyzing an ethical dilemma.
Casuist ethical theory compares a current ethical dilemma with similar other examples ethical dilemmas and their outcomes.
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