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Chapter 3
Business Ethics
| Question | Answer |
|---|---|
| What is the term for a theory of ethics based on doing the most good for the most people in making decisions? | Utilitarian Theory |
| The Locke and Rawlsian standard for ethics that requires that we all agree on certain universal principles in advance is known as... | Theory of Justice |
| what is the term used when a decision maker views a problem from different perspectives and measures the impact of a decision on various groups? | Stakeholder Analysis |
| What is the agreement under Locke and Rawls as to what our ethical standards will be? | Social Contract |
| What is the definition of "primum non mocere"? | above all, do not harm |
| What is the definition of a stakeholder? | Those who have a stake, or interest in the activities of a corporation. |
| What is a natural law? | A system of principles to guide human conduct independent of, and sometimes contrary to, enacted law and discovered by man's rational intelligence. |
| What law enacted and codified by governmental authority? | Positive Law |
| Those who make decisions based on circumstances and not on the basis of any predefined standards is known as... | Moral Relativism |
| What is Kant's categorical imperative? | a standard of ethics that requires that we avoid one-sided benefit for us as a result of the conduct or decision |
| What is it called with a branch of philosophy dealing with values that relate to the nature of human conduct and values associated with that conduct? | Ethics |
| What is the definition of integrity? | The adherence to one's values and principles despite the costs and consequences. |
| The theory of ethics that we should all act in our own self-interest is known as... | Ethical egoism |
| Wha theory is another name for Norick's theory that we all have certain rights that must be honored and protected by the government? | Entitlement Theory |
| Balancing the goal of profits with values of individuals and society is known as... | Business Ethics |
| What is conflict of interest? | Conduct that compromises an employee's allegiance to the company |
| What is the term used when natural law proponents violate positive law? | Civil Disobedience |
| In applying the "front-page-of-the-newspaper" test to a contemplated course of conduct one should ask: | Would I be willing to have my spouse, friends, and children read about this if it winds up on the front page of the newspaper> |
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kjsquiric820
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