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PHI 445 Week 2 Assignment Investment in South Africa Paper
This file PHI 445 Week 2 Assignment Investment in South Africa Paper has right solution to the following tasks:
1. In your judgment, were the possible utilitarian benefits of building the Caltex plant in 1977 more important that the possible violations of moral rights and of justice that may be involved? Justify your answer fully by identifying the possible benefits and the possible violation of rights and justice that you believe may be associated with building of the plant, and explaining which you think are more important.
2. If you were a stockholder in Texaco or Standard Oil (now named as Chevron), how do you believe you ought to vote on the three kinds of stockholder’s resolutions that were proposed (the first asking Caltrex to terminate its operations, the second asking Caltrex not to sell to the military or police of South Africa, and the third asking Caltrex to implement the Tutu principles)?
3. What kind of responses should the managers of Texaco and SoCal have made to each of the three resolutions? Justify your answer fully.
4. In your judgment, does the management of a company have any responsibilities or duties beyond ensuring a high rate of return for its stockholders? Should the management of a company look primarily to the law and to the rate of return on its investment as the ultimate criteria for deciding what investments it should make? Why or why not?