Study the Goldman Sachs case study and write a 5-6 page response in answer to the following questions: 1. Describe the contrast between Normative Ethics and Descriptive Ethics and which best defines the corporate climate at Goldman Sachs. 2. Discuss advantages and disadvantages of an Ethics Based on Duties philosophy at Goldman Sachs 3. Identify and explain one ethical issue from the case scenario; provide one ethical dilemma that is associated with the ethical issue you identify. 4. What ethical philosophy best describes the corporate culture of Goldman Sachs? Support your position with sound reasoning and relevant course material. 5. Define cultural relativism and explain how it relates to the case study. 6. What might be the best description for promotions at Goldman Sachs; 1) the result of hard work or 2) determined by broader guidelines such as competition? Explain. 7. Rank and yank is a management philosophy by former General Electric Company CEO Jack Welch. Every year the entire workforce should be ranked and the bottom 10 percent are fired. Through course reading and case studies, is Rank and Yank a characterization of the Darwinian, survival-of-the-fittest theory? Explain and support your position. Utilize/cite all referenced material from the Markkula Center for Applied Ethics, Santa Clara University: https://www.scu.edu/.
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