Ch 42 Flashcards Preview

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Flashcards in Ch 42 Deck (7)
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1
Q

Kohlbergs stages of moral development

A
  1. pre conventional - self: punishment/ reward
  2. conventional - group: group norms
  3. post conventional - universal: moral principles
2
Q

moral philosophy and moral psychology

A

true
philosophy- describes what ought to be
psychology- depicts how people facing moral quandaries think, feel and act.

3
Q

utilitarianism

A

722

people must choose the action or follow the rule that provides the greatest good to society

4
Q

rawls’s social justice theory

A

724- false behind veil of ignorance, neutral

5
Q

section 406 of the sarbanes-oxley act

A

728

requires a public company to disclose whether it has adopted a code of ethics for senior financial officers

6
Q

social responsibility of business maximize profits

A

726

a corporation owes a duty to take actions that maximize profits for shareholders.

7
Q

public benefit corporations

A

729

for-profit corporation, but with missions additional to the pure profit motive