Business Ethics Essay Example | Topics and Well Written Essays - 2000 words - 8

Business Ethics - Essay Example This immoral and illegal policy of Great Benefits against its policyholders eventually took its toll when one of its policyholders died when Great Benefits denied the coverage of bone marrow transplant which could have saved his life. This resulted for Rudy Baylor to file a lawsuit against the company. In addition to this already immoral and fraudulent policy of Great Benefits, it also showed no sense of business ethic when it still kept on accepting new policy holders despite its inability to keep its obligation of coverage to its clients. The company is already incurring massive debts and its strategy of accepting more clients to keep the company afloat showed business callousness because Great Benefits never intended to cover them in case they will file for claim. In effect, Great Benefits is toying with its policyholders fate just to keep its business afloat. Great Benefits insurance did not incorporate itself as an insurance company to deliberately defraud its policy holders. For sure, just like any other companies, it must had some lofty ideals to serve its policyholders only that certain circumstances forced it to chose course of business actions that are not only deemed immoral, but illegal as well. What happened to Great Benefits was that it did not have enough capital reserve to cover the claims of its policyholders. It was burdened with debt that made its financial position to settle obligations precarious. Instead of making a loan to increase its capital reserve, Great Benefits opted to take the easier alternative, albeit immoral and illegal, to take in more policyholders to keep itself afloat financially. The first policy that I will devise is how to avoid such unethical, immoral and illegal act from ever happening again. I issue a policy that for a certain number of policyholders, there should be a corresponding

Based on Article Called Risks of hands-free driving Essay

Based on Article Called Risks of hands-free driving - Essay Example The article was authored by the editorial board and published in The New York Times on May 28 this year. The authors indicate that the car manufacturers are striving to save lives of travelers by developing automated packaging in cars that enable free driving without the necessity of applying effort with the hands. For instance, some cars could maintain a safe distance to the cars in front without the driver’s help and this technology is applied by companies such as the Mercedes-Benz and General Motors (The Editorial Board 1). The authors, however, argue that, although the manufactures intent to install the new feature in the cars to enhance safety, it could increase distraction while driving leading to accidents. The article has pointed out some premises to their argument indicating that the drivers could be tempted to keep throwing their eyes off the road into other concentrations such as texting and they would not be able to manage the cars in case of unexpected occurrences leading to accidents (The Editorial Board 1). Following this, the belief that the new technology is safer turns out to cause accidents that could otherwise be avoided with driver’s complete concentration on the road. Distractions are common on the roads even where there are no new technologies. This affirmed in the study facilitated by the AT and T which revealed that 61 percent person confessed text while driving and 33 and 27 percent admitted they use email and Facebook respectively while on the roads (The Editorial Board 1). These are major distractions and have a strong connection to the traffic accidents. In fact, the national administration of highway traffic safety indicates that 16 percent of the total nu mber of traffic accidents reported in 2013 to the police was as a result of distractions. Other statistics developed by a nonprofit organization, National Safety Council, estimated that about 27 percent of all accidents in 2013 were due to people