BUS 432 Lecture Notes - Lecture 11: Immanuel Kant, Cultural Relativism, Industrial Revolution

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Always in equilibrium, if one actor gets too powerful, the others will adjust to make it equal again. When we took the artisans and put them in a factory, the employee representation that resulted from that was called craft unions. People had a particular skill and all the people who had this skill became a part of this union. This is how the industrial revolution inspired labour unions. Influence wage rates by: if nurses go on strike and win an increase in wage rates, the teachers will go in and also ask for a raise. Greatest good for the greatest number of people. People should not be used as a means to an end. When faced with a moral decision, international business managers have to rely on something outside themselves, such as corporate codes of conduct. There is a conflict between her job and her responsibility as a human. She can raise the price of the materials.

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