Friday, February 14, 2020

Sustainable Development of the Happy Planet Index Assignment

Sustainable Development of the Happy Planet Index - Assignment Example The firm that is analyzed in the paper is Happy Planet Index (HPI) that was designed in the year 2006 to evaluate the certain condition of the human life and the association of the humans and the environment. The previous indices like the Gross Domestic Product (GDP) and the Human Development Index (HDI) have lost their worth, as the most of the people agreed to be happy and healthy instead to being rich. In other words we can say that the Happy Planet Index (HPI) is the measure of how healthy and happy the humans are leading their lives and how is the activities of the humans affects the environment surrounding them. Moreover, the rate of consumption of natural resources also matters a lot in determining the Happy Planet index (HPI). The carbon foot prints produced by the humans largely affects the index and in this way, it encounters the ecological footprints bet unit person residing in a particular locality. The lower the value of ecological foot prints, the larger will be the Hap py Planet Index (HPI). Happy Planet index contributes much in the sustainable development of the planet as the Happy Planet Index tells about the growth of the ecological foot prints per person residing in the certain locality. In major cities of the world and the bigger and progressed countries of the world, it is seen that the ecological foot prints per capita is more as compared to the some of the underdeveloped countries. Moreover, such areas, which have forest and green fields in the vicinity, have the higher Happy Planet index. It can be noticed that most of the people want to have a healthy and happy life instead of a lavish life that is full with money but lacks health and happiness. The major strength of the HPI over other types of indices like GDP etc is that the economic perspective attached with the GDP and others is replaced by the Happy Planet Index and provided a Satisfied and happy life to the people. It associated the humans well being to the ecology. The previous i ndices have pity less information about the health and happiness of the persons. The methods involved in the evaluation of the index are simple enough to be understood by the common public as well as politicians. The factors like the Ecological footprints and the life expectancy can be calculated and utilized in the calculating the Happy Life index that is then compared to other regions of the world but the results might have some minor errors particularly when considering the ecological footprints. The index is the way to encounter many factors, some soft as life satisfaction and hard as Life expectancy and ecological footprints. It covers both state wise factors as resource consumption and individual’s factors like individual’s well being. However, Happy Planet Index (HPI) has some limitations, as the Happy Planet Index has a major factor associated with it is the ‘Happiness’ and it is hard to measure the happiness as the complexity of the term is heavil y discussed among social reformers. In different regions of the world, the ideas related to the term may vary and it depends on the metal status of the person to define the term. In this way, the policy building step becomes more complex that is a limitation in the Happy Planet Index (HPI) (Schepelmann, Makipaa & Goossens, 2007). Moreover, as the index is named as the Happy Planet Index (HPI), many people got the wrong idea of the index and considered it only an index that depicts the happiness of the country while the Happy Planet Index covers the environmental, ecological and Longevity factors. The biological indicators or the biotic indicators are the organisms or organism or community’s aspect, which are the part of the environment and as some alteration in the environment occurs, the organisms correspond to the change and show some special characteristics. Some biotic indicators prove the purity of the water through their presence in the water, while show that the water is not ideal for drinking. Some organisms

Saturday, February 1, 2020

Ethics Foundations Paper - Business Ethics Essay

Ethics Foundations Paper - Business Ethics - Essay Example Some engagements in business could be legal but then again not ethical. Ethical reasoning regarding business conventionally has been described by two essential approaches. One approach outlines ethical behaviour as a duty or formalism or deontology. Formalism is a duty-centred ethical principle that is frequently derived from moral values entrenched in religious foundations. For instance, the Ten Commandments create guidelines for moral deeds. Various faiths have their identifiable sources of publicized truth for example the Koran in the Muslim faith. Within the boundaries of their guidance, moral ethics are collective, unconditional and undisputable (Boucher and Kelly 158). When an act is forbidden by religious teachings that function as the basis of an individual’s moral or ethical principles, the act is regarded as unethical for that individual and must not be accepted, irrespective of the consequences. Ethical principles based on an impression of duty can also be exclusively consequential to moral values. John Rawls’ social contract theory gives a significant contemporary illustration of how formalism has prejudiced philosophy about business as well as subjective ethics. This theory apprehends itself with exactly how to build an unbiased society given the various variations in prosperity, awareness, and social status. Rawls proposes a humble first step in defining the ethical standards on which an unbiased society can be constructed (Rawls and Rawls). This can be accurately illustrated by ignoring factors like wealth, intellect, gender, strength, race, or social ranks. Rawls suggests two ethical ideologies which include: first, every person is eligible for assured equal basic rights, comprising of autonomy, own security, and freedom of association. Second, even if there may perhaps be inequalities (social and economic), these disparities must be built on anything an individual engages in, not on who