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Business ethics
ethics final
22
Business
Undergraduate 3
04/02/2014

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Term
perspective model
Definition
understand facts, identify stakeholders, explore alternatives, consider consequences, make decision
Term
problems with utilitarianism
Definition
how do you define good?
consequences are unforeseeable and unquantifiable
loss of individual freedom
ends dont justify the means
Term
categorical imperative
Definition
We should act only in way that our intentions for the act could be made a universal law
Term
problems with kantian ethics
Definition
doesnt say how to choose between two bad options
Term
ethical values
Definition
those beliefs and principles that seek to promote human well-being in an impartial way
Term
four core values in tension
Definition
rationality, equality, sensibility, autonomy (RESA)
Term
Ross's prima facie obligations
Definition
justice
non-injury
fidelity
veracity
reparation
beneficence
self-improvement
gratitude
liberty
respectfulness
Term
5 step model for making difficult ethical decisions
Definition
classification
identification of conflicts of obligation
ethical assessment of obligations
selection of ethically viable options
decision
Term
three ways to discover meaning of life
Definition
work or deed, something or someone, attitude we take toward unavoidable suffering
Term
not a valid approach to ethical reasoning
Definition
relativist ethics
Term
concept of ____ is concerned with ensuring our decisions are precedential
Definition
universalization
Term
Frankl reminds us that ___ and ___ are inextricably linked
Definition
freedom and responsibility
Term
the ____ model of work asserts that we have a right to choose the meaning and ends of our labors, and that some level of autonomy is a right
Definition
liberal
Term
the _____ model of work asserts that work must be endured and avoided
Definition
conventional
Term
the ___ interpretation of work holds that work is a necessary means for obtatins pleasures but has no value in its own right
Definition
hedonistic
Term
the ___ model holds that work is the primary activity through which people develop their potential as human beings
Definition
human fulfillment
Term
Which of the ethical theories is most concerned with role models/modeling behavior
Definition
virtue ethics
Term
three conditions for whistle blowing to be permissible
Definition
real threat of serious harm, first seek to prevent harm through internal channels, exhaust all internal procedures
Term
two conditions that make whistle blowing obligatory
Definition
documented evidence to convince impartial observers of the firm's role in causing harm AND must have good reason to believe blowing hte whistle will prevent the harm
Term
wealth
Definition
total amount of economically relevant private and public assets including physical, financial, human and "social" capital
Term
wealth creation
Definition
technological or other innovation made feasible and successful in economic and financial terms
Term
triple bottom line sustainability
Definition
financially, socially, environmentally
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