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Flashcards in Block 3 And 4 Deck (60)
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Decision rule for objectivism

Be rational and be all that you can be

1

Biggest pro for objectivism

Reinforces personal responsibility


(Try to develop yourself and doing the best with what you have)

2

Biggest con for objectivism

Individualistic and judgmental


(Too self centered and needs to be more community oriented and too tuff)

3

Decision rule for Integrative social contract theory

Decision is ethical when compatible with ethical rules in the community in which I am doing business and must consistent with hyper norms

4

In integrative social contract theory ethics are

1. Authentic- supported by majority members of community
2. Permit members to exit when distress about a particular community norm
3. Allowing community members a voice in developing and evolution of norms
4. Legitimate (rule does not conflict with hypernorm)

5

Hyper norms are

A fundamental norm and serves as guide for evaluating authentic but less fundamental norms

6

Biggest pro for integrative social contract theory

Accepts different cultural norms and accepts other culture's ethical values as different from own

7

Biggest con for integrative social contract theory

Hypernorm is vague (how broadly shared in order to be fundamental)
Not practical (norm in a country conflicting with a hypernorm)

8

What is ethical relativism?

When dealing with foreign culture adopt their ethical norms and not imposing your own

9

What is ethical imperialism

Imposing the company's ethical standard on other communities

10

Decision rule for care

Focusing on relationships and responsibilities

11

Pro for ethics of care

More aware and protects the week and dependent

12

Biggest con for ethics of care

Neglects justice (encouraging wrong behavior)

13

Ethic of care is based on

How people develop not gender based

14

Focus on integrity

Focuses on the integrity of the person than the decision or behavior

15

Virtue of ethics

Is a conformity to a standard of morally good behavior or character

16

Greeks four primary virtues

Courage
Moderation
Wisdom
Justice

17

Virtue ethics in business

Different expectations in the professional community you belong to

18

Checks for ethical behavior character

Role model test
Headline news test

19

Role model test is

What the role model thinks of the decision

20

Headline news test

How people would react if the decision makes headlines

21

Conflict of interest is when

Personal interest of the decision conflict or appear to with the best interest of the company

22

Four types of conflict of interest

Bribe or kickback
Subtle bribe
Improper influence by those close to you
Misuse of company's privileged information for personal gain

23

Bribe or kickback is

Getting money in exchange for a decision in favor of giver

24

Subtle bribe is

Extravagant gift to decision maker in exchange for consideration

25

Improper influence by those close to you is

Having a personal relationship with decision maker and seeking a favorable decision

26

Privileged information is

Potentially valuable because others can use it for there own use

And having reasonable effort by the company to keep it secret

27

Three types of misuse of company privilege information

Selling employer secrets to highest bidder

Moonlighting for a competitor

You working for a company and someone close to you working for a competitor

28

The ethics of advertising

There are limits to the distortion that is port of the nature of advertising

29

The ethical values the guide ethics in advertising

Truth
Freedom
Well-being
Justice