Business Ethics Exam 1

What is Etiquette?

etiquette refers to a special code of social behavior or courtesy

Our relationship with the law is best described by which of the following?

To a significant extent, law codifies a society\'s customs, norms, and moral values.

When ethical relativism is put into practice, it implies that

we cannot say that slavery is wrong if the society in question believes it is right.

Morality and self-interest

can sometimes conflict.

How did Aristotle view morality?

It's necessary for us to try to be virtuous or excellent human beings.

The famous experiments by social psychologist Solomon Asch show

even temporary groups can pressure people to conform.

The authors use the murder of Kitty Genovese to illustrate

bystander apathy.

Good moral judgments should be logical and

based on facts and acceptable moral principles.

Philosophical discussion of moral issues typically involves

the revision and modification of arguments.

If an argument is valid, then

its conclusion must be true, if its premises are.

This states that the moral rightness of an action is determined solely by its results.

Consequentialism

If you adopt ethical egoism as your moral code, then

you believe that it is morally right to do whatever promotes your self-interest.

According to the utilitarian theory, an action is morally right if and only if

it maximizes total, net happiness

Utilitarianism is appealing as a standard for moral decision making in business. Which of the following provides a reason for this?

Utilitarianism provides an objective way of resolving conflicts of self-interest.

According to Kant

good will is the only thing that is good in itself.

According to W. D. Ross's theory

we have various moral duties that can\'t be reduced to a single, overarching obligation.

Nonconsequentialists like Ross believe that

morality permits each of us a sphere in which to pursue our own plans and goals.

The statement that best defines rights is

a right is an entitlement to act or to have others act in a certain way.

A key idea of Immanuel Kant's ethical theory is that:

we should treat people as ends in themselves, never merely as means.

Which of the following is true regarding utilitarian beliefs?

Utilitarians wish to maximize happiness not simply immediately, but in the long run as well.

Aristotle's formal principle of justice states,

similar cases must be treated alike except where there is some relevant difference.

According to Mill's utilitarianism,

rights are certain moral rules whose observance is of the utmost importance for the long-run, overall maximization of happiness.

According to libertarianism,

it would be unjust to coerce people to give food or money to the starving

According to Locke,

property is a moral right.

According to John Rawls,

people in the original position choose the principles on the basis of self-interest.

In association with labor and capital, Mill had contrasting views of

profit sharing.

Who is more likely to be sympathetic with the idea of reducing the disparities of income in society?

Utilitarians

To the libertarians, their concept of liberty includes a commitment to

private property.

Rawls rejects utilitarianism because

it might permit an unfair distribution of burdens and benefits.

Eminent domain is the ancient right of government to take what from an individual?

Property