Ethic 501 Case 1
ETH 501 CASE MODULE 1
Read Cases from the Real World: Competition and the Markers of Business Success, found in the following:
Byars, S., & Stanberry, K. (2018). Why ethics matter, chapter 1. Business Ethics. Rice University, OpenStax. Retrieved from
http://cnx.org/content/col25722/1.3
pg. 15. CC BY 4.0 license.
Carlson, R. (2019). What Bernie Madoff did and who he defrauded. Retrieved from
https://www.thebalancesmb.com/bernard-madoff-and-his-ponzi-scheme-393095
Cold Fusion (2019). The Man Who Stole $65 billion (Bernie Madoff). Retrieved from
Case Assignment
Address the following in a 3- to 4-page essay, demonstrating your critical-thinking skills:
Discuss Warren Buffetts approach to business dealings, especially as they relate to business ethics.
Compare that approach to Bernie Madoffs.
Apply ethical philosophies that you have learned about in this Module and state which you think apply to Mr. Buffett.
Which ethical philosophies apply to Mr. Madoff? Why?
Create a table where you compare and contrast these two investors from an ethical standpoint. Be sure to discuss your table in your paper.
Write a well-integrated paper with a strong introduction and conclusion, and use a few section headings (i.e., do not simply follow a Q & A format).