Teleology, in Greek it means “end reason” which means that an act is considered morally right and ethical if it achieves its purpose; such as knowledge, career growth, self-satisfaction, even wealth etc.. one of the best explanations for teleology was given by Aristotle “ A full explanation of anything must consider its final cause as well as its efficient, material, and formal causes (the latter two being the stuff out of which a thing is made and the form or pattern of a thing, respectively).” .An example would be testing a new shampoo for humans on animals, even if the animal gets hurt. 2) egoism; Actions are judged as ethical or unethical based on the consequences of person’s self- interest . in other words an issue …show more content…
There are three fundamental elements that seem to motivate people to be fair: equality, reciprocity, and optimization. First, Equality in business means equal wealth distribution among employees of a company, across countries, or globally. Second, Reciprocity is paying back a positive action with another positive action of a similar effect. Socially, people always expect and utilize reciprocity in their daily lives. In theory companies advocate reciprocity for its fairness, however; in practice we find CEO’s paid a ratio of 431 to 1 to their …show more content…
The EEOC investigates discrimination complaints based on an individual's race, color, national origin, religion, sex, age, disability, genetic information, and retaliation for reporting, participating in, and/or opposing a discriminatory practice. Age Discrimination in the employment Act it outlaws hiring practices that discriminate against people between the age of 49 and 69, as well those that require employees to retire before the age 70. Affirmative action programs which involve efforts to recruit, hire, train, and promote the most qualified individuals from minority groups. There are number of standards to guide their implementation: (1) there must be a strong reason for developing an affirmative action programs. (2) affirmative action programs must apply only to qualified candidates. (3) affirmative action programs must be limited and temporary and therefore cannot include “rigid and inflexible