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Ethics And Professional Relationships

   

Added on  2022-09-14

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Running head: ETHICS & PROFESSIONAL RELATIONSHIPS
ETHICS & PROFESSIONAL RELATIONSHIPS
Name of the Student
Name of the University
Author Note
Ethics And Professional Relationships_1

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ETHICS & PROFESSIONAL RELATIONSHIPS
1. A brief introduction
The basic aim of Ethics in perspective of business is to bring alteration in decision making of
employees, higher authorities, stakeholders and even clients while making deals. The business
ethics also involves convincing and manipulation skills, but the understanding is in regards to the
degree of manipulation that presents in a positive outcome or a negative outcome in the end.
Ethics help in standardizing the operations of the organization and even prevents the company
from falling in any illegal cases, frauds or scandals, encapsulating the company into efficient and
productive operations capable of earning competitive advantage, as well as lead its operation in
an ethical way to benefit society, stakeholders as well employees. In this case, as an employed
corporate finance advisor in Crosby, Nash and Stills, decision will be taken to convince Santana
Limited, so that he merges with this company, as to support the company to sustain in the armlet
as this company has seen considerable financial breakdown, and previous mergers and
acquisitions has been a failure for the company.
In this perspective, to acquire the company to get a successful Merger and Acquisition
(M&A), for the owner managed business client of the firm SRV limited. The two traditional
ethical theories that will be applied to the company while handling the client is Consequentialist
and Deontological theory (Playford, Roberts & Playford, 2015). Therefore, based on two ethical
theories there will be decisive strategies chalked to handle the situation, and help the company to
sustain in midst of crises.
2. An analysis of how two different ethical theories or traditions can be applied to this case.
Conseqentalist Ethical System
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ETHICS & PROFESSIONAL RELATIONSHIPS
The main atrributes of this theory is ‘Principle of Utility”, “Psychological Hedonism”,
“Types of Ulititarianism”, “Quantitative and Qualitative Notion of Pleasure”. In this theory, after
analysing the resulting outcome, the theory is implemented in that case. The most applicable is
the Ulititarianism theory, which is implemented in many companies and is the most preferred
one. According to Singh and Mishra, (2018), this theory aligns with “Principle of Utility”, which
speculated the decision taking according to the goodness of people, and the decision which
benefits everyone involving.
The theory Ulititarianism was first developed by Jeremy Bentham, and later revised by
J.S Mill and Henery Sidgwick, and is considered the most preffered ethical theory by
philosophers (Crimmins, 2015). In case of Deontology, the key atrributes that build up the ethical
theory is reasoning on the basis of theoretical concepts and realism, understanding necessity and
univesality, differentiating catagorical and hypothetical factors, aligning the decisions to
goodwill, and the last is understanding Phenomenal and noumenal world perspectives.
Deontogical theory is also reffered as Kantian ethical system as developed by Immanuel
Kant, it speculated the understanding of morality results from reason. Contrary to the fact, is that
Utilitarianism depends on analysis of desired results of consequences, but he defines the actual
difference between the importance of analysing conequences or understanding the practical
reason, precisely the theory explains the difference between phenomenal and noumelan factor.
This noumenal factor is also developed by Kant, in which he explains that noumenal factor is the
rules, regulations thw nature has its own, which is critical for huamn mind to understand,
therefore human make assumptions according to their observationsand derive a conclusion,
refereing to as knowledge. This is generally reffered to as a phenomenal knowledge.
Ethics And Professional Relationships_3

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