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Ethics Applied to Outcomes - 200 Words
Answered

  • What was the end result?
  • Which stakeholders were impacted?
  • How much was involved?
  • Important:You should take the following approach to analysing ethics in this situation:
  • Discuss two ethical theories AND two ethical objections.
  • You should include the one most relevant and explains why, and you can also include one that is least relevant and explain why.

Ethical Approaches/ Theories: Utilitarianism, Deontology, Justice, Stakeholder Justice, and Character Virtue.

Ethical Objections: Psychological Egotism, Machiavellian Concerns, Legal-Moral, Agency Arguments, and Cultural Relativism. 

  • Does the situation/ action contravene an exiting law or regulatory principals (e.g. Financial Conduct Authority, Financial Reporting Council, Government)
  • Was there a breach of contacts?
  • Have any Codes of Conduct/ Codes of Practice been violated?
  • What other similar situations have occurred in other organizations/ industries and what were the outcomes?
  • Student demonstrates a substantial range of knowledge and understanding of the UK Financial System and the Ethical and Regulatory implications of the case being examined.
  • CII Ethical Dilemma model has been applied in great detail to the scenario, drawing out specific observations around the Ethics of the case reviewed
  • Student has accessed a broad range of research and in great depth, pulling from a huge variety of sources including academic literature, regulatory presentations and up to date press sources
  • Student presents a strong critical analysis of the case, with a wide-ranging discussion of the issues involved, presented in a well-structured and reasoned manner
  • A comprehensive review of possible future recommendations has been undertaken, including comment on ethical and regulatory changes required
  • Essay is well presented, with accurate referencing and appropriate bibliography.

60-69% = 2:1

  • Student demonstrates a good knowledge and understanding of the UK Financial System and the Ethical and Regulatory implications of the case being examined
  • CII Ethical Dilemma model has been applied in good detail to the scenario, drawing out general observations around the Ethics of the case reviewed
  • Student has accessed a good range of research and in some depth, pulling from a variety of sources including academic literature, regulatory presentations and press releases
  • Student presents a good critical analysis of the case, with a varied discussion of the issues involved, presented in a logical manner
  • A sound review of the possible future recommendations has been undertaken, including comment on ethical and regulatory changes required
  • Essay is structured clearly, with good referencing and appropriate bibliography.

50-59% = 2:2

  • Student demonstrates some knowledge and understanding of the UK Financial System and the Ethical and Regulatory implications of the case being examined
  • CII Ethical Dilemma model has been applied with some detail to the scenario, drawing out some accurate observations around the Ethics of the case reviewed
  • Student has shown some evidence of a range and depth of research, using a variety of sources including academic literature and press releases
  • Student presents some evidence of critical analysis but with a limited discussion of the issues involved
  • Some evidence demonstrated of possible future recommendations, but with limited commentary on the ethical and regulatory changes required
  • Essay is adequately structured, with appropriate referencing and bibliography.

40-49% = 3rd

  • Student demonstrates a limited knowledge of the UK Financial System and the Ethical and Regulatory implications of the case being examined
  • CII Ethical Dilemma model has been attempted but applied with limited detail to the scenario, drawing out minimal observations around the ethics of the case being reviewed
  • Little evidence of any breadth or depth of research, with very limited sources being used
  • Limited evidence of critical analysis, leads to a very minimal discussion of the issues involved
  • Narrow range of knowledge evidenced with regard to future recommendations and minimal commentary on the ethical or regulatory changes required
  • Poor structure, contributing to lack of coherent argument. Limited referencing.

<40% = Fail

  • No real demonstration of knowledge of the UK Financial System or the Ethical and Regulatory implications of the case being examined
  • CII Ethical Dilemma model is clearly not understood with minimal application to the scenario, leading to limited or no observations re the ethics of the case being reviewed
  • Limited evidence of any breadth or depth of research from relevant sources
  • Minimal or no evidence of critical analysis of the case, leading to a limited or no real
    discussion around the issues involved
  • Narrow or zero commentary around future recommendations or the ethical,
    regulatory changes required

Weak presentation and structure leading to inappropriate argument. Minimal/inappropriate referencing.

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