Description

1. On Moral Development
   a. Identify Kohlberg’s six stages of moral development supporting each stage with an actual or
   hypothetical scenario/example.
   b. How do you translate theory into practice – that is, how can Kohlberg’s model help managers
   maintain an ethical corporate culture? Provide an example to support your reasoning.
   c. Lastly, behavioral evidence indicates that relativism permeates our society whereby we use our ‘business ethics’ in business, our ‘family ethics’ at home or our ‘global ethics’ with other cultures, etc. Explain the flaws in this approach to being good. In other words, are there really ‘business
   ethics’ or just ‘ethics’? Explain in detail.
2. On Justice – We have built the course on the premise that ethics are the ‘ideas by which we live’ to be and do good. Using Sandel’s book as your source, reflect on the following questions as they pertain to Aristotle, Kant, and one other of your choice from our class lectures on Justice.
   a. How might the philosophers’ approach to ethics help you with doing the right thing?
   b. What philosopher best supports your idea of ethics with and why? If none fits with your philosophy,
   which philosopher do you most disagree and why?
   c. Lastly, in lecture we debated whether it was better to do good than to feel good. What is your
   response to this idea of morality?
3. On Corporate Responsibility –
   a. Compare and contrast Milton Friedman’s and Archie Carroll’s philosophies of the corporation’s
   responsibility.
   i. Which do you think is more accurate and why? Explain in detail.
   b. In lecture, we introduced five specific characteristics of what corporations should exhibit to be good corporate citizens. Identify and discuss the rationale of these characteristics and explain the value we place on citizenship in general.
   c. Lastly, a reflection: Target is a leader in CSR programs showcasing it’s responsibility from its marketing promotions to its annual reports. Target really does good. Yet, in the past few years the company has made massive governance blunders from cyberattacks to incompetent international business decisions. What advice would you give Target’s board with regards to its CSR programs in light of its apparent errors in general management?
4. On Market Failure – We said that the rationale for public policy is either market failure and/or government failure. Address the following with this rationale in mind:
   a. Define market failure from the perspective of the economist and government failure from the perspective of the political scientist (recall public choice theory).
   i. Which definition best fits the policy problem of the law you are studying for your final paper? Explain why.
   b. Market failures are most commonly identified with negative externalities. Provide an example of this phenomenon as well as a pro and con of government regulation as a corrective measure.
   c. Lastly, provide an example of a public good and explain why it is framed within the theory of market failure. Be specific.

Recommendations on excellence – ten pages is your minimum target; dig deep into the readings and lectures; provide unique insight; reach for high-level analysis, presentation and formatting; use 12-point, Times New Roman font; double-space; use endnotes to cite your sources using full APA bibliographic formatting including page numbers; pay attention to details; put some time into this assignment; teach me something new.