This document outlines the requirements for a creative project in a PHIL 1213 Introduction to Ethics course, including choosing a topic that applies course philosophies to personal experiences. Students must complete a 3-5 page essay, 3-5 minute video, or PowerPoint presentation in MLA format, demonstrating knowledge of course content and integrating evidence and analysis. The project will be graded based on formatting, purpose, sources, composition, and content.

1. PHIL 1213 Creative Project 1
PHIL 1213 Introduction to Ethics
Creative Project
Assignment: to complete a project that demonstrates your
knowledge of philosophies and
philosophers studied this semester and that applies those
philosophies to your own experiences. You
may choose an essay, video, or PowerPoint presentation.
Points Possible: 150
Objectives:
• To demonstrate knowledge of philosophies and philosophers
learned in this class
• To integrate reasonable and varying evidence from experience,
knowledge, and course
resources
• To achieve a tone that is both personable and academic
• To produce a project in MLA format

2. Topic Choices:
You may choose one of the following topics or get approval for
a different topic.
Philosophical System Essay: Write an essay explaining which
ethical philosophy most clearly
represents your own family’s philosophy and whether you now
follow that same philosophy. Use
specific instances in your life when your family’s and your
philosophical models either conflicted or
revealed themselves to be the same. Center the paper around a
specific story that clearly showed
your differences/similarities with your family.
Past Acts/Free Will v. Determinism Essay: Write an essay
analyzing any decision you made about
which you have strong feelings (either regret or pride) and
analyze to what extent you feel that this
act was freely done by you or was determined by other forces.
Mention specific philosophers and how
they might view your decisions.
Movie/TV Series Analysis Essay: Analyze the message of a
fictional movie or TV series in light of a
philosophy that we have discussed this semester. Use scenes
from the movie or series that

3. illustrates your point. This topic is similar to the Character
Analysis assignment you recently
completed, but this is based on fiction. Add the movie or TV
series to the Works Cited page.
Specifics for Written Work:
• 3-5 pages
• MLA format (including Works Cited page and in-text
citations)
• Follow details of grading rubric
PHIL 1213 Creative Project 2
Specifics of Video Presentations:
• 3-5 min video
• Works Cited slide or image at end
• Follow details of grading rubric
Specifics of PowerPoint Presentation (PPT):
• Images and words on each slide

4. • Cite images and info using MLA format
o In-text citations
o Works Cited slide in MLA format (not just hyperlinks)
• Follow details of grading rubric
Organization:
Introduction: Explain your topic and the issues surrounding it.
Summarize any literature, movie plots,
or tell any personal stories. At the end of the introduction, you
should have a thesis or a claim that
clearly states the focus of your project.
Body: Use topic sentences for essays and headings for videos or
PPTs. Use any personal
experience or quotations or paraphrases as evidence for your
topic sentences. After your evidence,
spend the majority of your body paragraphs analyzing the
evidence in light of the theories or
philosophies you apply to your own experience.
Conclusion: Summarize the thesis. The conclusion is also a
good place to explain anything you
learned about yourself while writing the paper or taking the
class.

5. Grading Rubric:
PHIL 1213 Creative Project Scoring Guide
MLA format (10 points)
• MLA format for essays
• Best practices format for non-essay projects
/10
Purpose (15 points)
• Appropriate for subject, purpose, and audience
• Min. of 3 full pages of text
• 9-11 slides for PPT
• 3-5 min. for video
/15
Sources (20 points)
• Reputable outside sources (if used)
• Citation of textbook if no other outside sources
• Appropriate inclusion of all
• Smooth integration
• Documentation in MLA format
/20
PHIL 1213 Creative Project 3

6. • Use of in-text citations
Composition (25 points)
• Grammar and mechanics
• Academic style
• Unity and coherence
• Engaging introduction
• Satisfying conclusion
• Logical organization
/25
Content (80 points)
• Clear, arguable thesis
• Sufficient supporting evidence
• Originality/creativity
• Relevance
• College-level analysis
• More analysis than facts/summary
/80
Total points possible (150)
/150
Talbot Industries, Campbell Company, and MorChuck
Corporation are among the many companies that understand the

7. importance of cash flow estimation and risk analysis. For
example, Talbot conducts risk analysis using sensitivity
analysis, break-even analysis, scenario analysis, and Monte
Carlo simulation analysis on a wide variety of capital budgeting
projects. The company’s CFO, Erin Joyner MBA says that risk
analysis especially the use of Monte Carlo simulation has been
very useful in analyzing more complex projects with simulation
software packages, and ultimately helping the company to make
superior decisions. Last year the company spent $1.5 million to
investigate a site for a potential new distribution center, which
was not realized because the distribution center was not built.
The company is now contemplating replacing an old equipment
with a new model. The $1.5 million cost of the site will not be
included in any capital budgeting decision. The CEO of Talbot
Industries has asked you to assist Erin Joyner to prepare a
report for the Investment Committee to help finalize decision on
the new equipment. In the report the CEO wants you to address
certain key concepts, cash flow projections, and risk analysis.
1. Explain the following terms in the report:
i. incremental cash flow
ii. sunk cost
iii. externalities
iv. cannibalization
v. growth option
2. Talbot Industries Inc. is considering purchasing a new
equipment. The manufacturing equipment will cost $18 million,
the equipment will require an initial investment of $5 million in
net working capital. Installation cost is $2 million.
i. What is the initial investment outlay?
ii. Talbot Inc. wants to depreciate the manufacturing equipment
using straight-line depreciation method. The equipment will last
for 10 years, and the cost basis is $20 million. Estimate the
depreciation expense for each year.
3. The finance team of Talbot has identified the following
information for the first year of the project:

8. Projected sales
$18 million
Operating costs (excluding depreciation)
$9 million
Depreciation
$2 million
Interest expense
$4 million
i. The company faces a 25% tax rate. What is the cash flow for
the first year?
4. Talbot Industries Inc. has determined that the cash flows the
company will have if it buys the equipment is $100 million.
However, if the firm rejects the expansion project and keep to
its existing machinery and equipment, it will still be able to
maintain its $65 million cash flows. Calculate the firm’s
incremental or relevant cash flows.
5. The director of capital budgeting has asked you to include
risk analysis in your report. He wants you to explain risk in the
context of capital budgeting, and how the risk can be analyzed.
a. Explain three types of risk that are relevant in capital
budgeting decisions.
b. How is each of these risk types measured?
6. Explain three techniques used to assess stand-alone risk.
Submit your answers in a Word document.