Ethics and Business

Ethics and Business
Yunfeng Zhao
California State Polytechnic University, Pomona

Ethics and Business
Overview
A inheritableally modified organism (GMO) is an organism which been using genetic engineering techniques, and Monsanto is a publicly agricultural biotechnology company. Monsanto has a huge influence on GMO products. Unfortunately, Monsanto is not a gravid company because they produce harmful products and lie to their customers. Absolutely, Monsanto didnt do the illegal things, nevertheless they didnt obey the ethics. As seen in the video, I would like to discuss modern Consequentialism which depend on justice, Kantian Ethics which as a form of deontological ethics and Social Contract Theory which depend on virtue to discuss Monsantos case. GMO products sounds like good for our health and economy, but some companies like Monsanto dont do well.




Contemporary Consequentialism
Contemporary consequentialism is the class of normative ethical theories which justice takes an all-important(a) role. As its name suggests, Consequentialism is the view depend only on consequences. justness contains distributive justice and retributive justice (Driver P61). Justice concern the distribution of benefits is called distributive justice, much(prenominal) as tax and health care. Justice concern the distribution of rewards and punishments is called retributive justice, such as good citizens awards and prison terms. The theory find out whether or not an action is right are the consequences produced by that action (Driver, 2007, p.40) did not lead to positive consequences for the Monsanto company. The Food and drug Administration (FDA) also lied about their founding in 1992. Since 1992, 37 people died and thousands more were seriously ill aft(prenominal) eating one of the GMO foods made by Monsanto. This is not only...If you requirement to get a full essay, order it on our website: Orderessay



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