Chapter 11 Definitions Flashcards
(8 cards)
1
Q
Teleological
A
ethical approach - “ends justify” - what’s best “result”
2
Q
Utilitarian
A
ends justify - what’s best for the group
3
Q
Deontological
A
ethical approach - “right and wrong” - process focused
4
Q
Extraterritoriality
A
use of ethics of HQ (similar ethnocentrism)
5
Q
Normativism
A
ethics are universal - right and wrong (similar to geocentrism)
6
Q
Relativism
A
ethics are locally driven (similar to polycentrism)
7
Q
Floating subsidary
A
lead foreign co.; “caught in the middle - can’t please everybody”
8
Q
Stakeholders
A
constituencies served - affected
