April 18, 2015

Homework Help: Accounting Ethics

Posted by Jessica on Friday, February 4, 2011 at 9:54am.

Please, please, please help me I do not understand the material!! This is for a 30 point checkpoint that was due Wednesday. I haven't gotten far because I don't get the stakeholder impact analysis. I got 95% on the appendix B matrix about consequentialism, deontology, and virtue ethics. I also understand the 3 approaches to decision making the 5-question, Pastin's and Moral Standards approaches. Can someone please help get me started?

Describe, in 200 to 300 words, how you might conduct a stakeholder impact analysis of Scenario 1 of Appendix B using each of the stakeholder impact analysis approaches: moral standards, five-question, and Pastinís approach.

This is the scenario-
The mayor of a small seaside town faces a tough decision. A prominent developer has submitted a proposal to build a large mall and resort in the town. This development is estimated to bring $150 million in tourism each year and several hundred new jobs to the community, which badly needs the economic boost. The proposed location of the new development, however, is a site that now houses the only nursing home and senior citizensí recreation center in the area. Both the nursing home and recreation center would have to be demolished, affecting 100 seniors and 30 employees. There is no other location in town where the new development can be built. How should the mayor decide: in favor of economic prosperity or in defense of his elderly citizens?

Student responses must correctly describe how to conduct a stakeholder impact analysis using each of the three approaches described in Ch. 5: moral standards, 5-question, and Pastinís approach.
Responses should address the following key points in the context of the scenario:

Descriptions of the three standards that comprise the moral standards approach: utilitarian, individual rights, and justice

Identification of the questions used in the 5-question approach:
1. Is the decision profitable? 2. Is the decision legal? 3.Is the decision fair? 4. Is the decision right? 5. Does the decision further sustainable development?

Descriptions of the four key aspects of Pastinís approach:
1. Ground rule ethics 2. End-point ethics 3. Rule ethics 4. Social contract ethics

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