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According to the text, if a university were to use the _________________ ethical system to evaluate its use of Citibank as a "preferred lender" for student loans, it may evaluate not only how the lender, the university and its aid officers benefitted, but also how the students were affected. The school received a variety of perks, and additional aid was made available to students. Here, one would also examine how many students paid extra for loans and by how much, and also how many students received additional aid and what it totaled. |
Utilitarianism
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The Caux Principles for Business are an attempt to establish global, universal ethical principles in business. One ethical ideal therein is termed kyosei, which means
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Living and working together for the common good.
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The provisions of the 2002 Sarbanes-Oxley Act require companies to
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Have senior managers personally sign off on financial results.
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Ethical leadership can be challenging, but IBM uses a guideline sometimes known as the "light of day" or "sunshine" ethical framework to evaluate alternatives. This refers to the idea that
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One should feel comfortable with decisions, even under the full glare of examination by associates, friends and family.
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According to the text, at a Canadian manufacturing company, an employee reported a manager who had an arrangement with suppliers to inflate their invoices; the manager took the extra cash, costing the company more than $100,000. The reporting employee
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Is a whistleblower.
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Costs of unethical behavior are typically quite obvious; they are limited to the government fines and penalties for failure to comply with regulations.True or False?
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False
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_______________ responsibilities, atop the corporate social responsibility pyramid, and its associated activities can be more than mere altruism. Managed properly and used strategically, they can become a way to build goodwill in a variety of stakeholders and even add to shareholder wealth.
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Philanthropic
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Robert Giacalone, who teaches business ethics at Temple University, believes that a 21st-century education must help students think beyond self-interest and profitability. A real education, he says, teaches students to leave a legacy that extends beyond the bottom line. Giacalone advocates a(n)
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Transcendent education.
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Which of the following is a true statement about Life-cycle Analysis (LCA)?
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Product packaging is an important consideration in LCA.
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There is no evidence of a positive relationship between corporate environmental performance and profitability; profitability suffers with an increase in ecocentric philosophies and practices.True or False?
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False
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Definition: the system of rules that governs the ordering of values.
ethics | moral philosophy | Caux prinicples | ethical issue | egosism | utilarianism | relativism | virtue ethics | business ethics | Kohlberg's model of cognitive moral development |
Ethics
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Definition: an ethical system stating that the greatest good for the greatest number should be the overriding concern of decision makers.
ethics | moral philosophy | Caux principles | ethical issue | egotism | utilitarianism | relativism | virtue ethics | business ethics| Kohlberg's model of cognitive moral development |
Utilitarianism
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Definition: the ethical system stating that all people should uphold certain values that society needs to function.
ethics | moral philosophy | Caux principles | ethical issue | egoism | utilitarianism | relativism | virtue ethics | business ethics| Kohlberg's model of cognitive moral development |
Universalism
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Definition: situation, problem, or opportunity in which an individual must choose among several actions that must be evaluated as morally right or wrong.
ethics | moral philosophy | Caux principles | ethical issue | egoism | utilitarianism | relativism | virtue ethics | business ethics| Kohlberg's model of cognitive moral development |
Ethical issue
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Definition: Principles, rules, and values people use in deciding what is right or wrong.
ethics | moral philosophy | Caux principles | ethical issue | egoism | utilitarianism | relativism | virtue ethics | business ethics| Kohlberg's model of cognitive moral development |
Moral philosophy
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