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3rd Finals > Ethics > Flashcards

Ethics Flashcards

1
Q

the love for wisdom and knowledge

A

Philosophy

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2
Q

how one views the nature, purpose of business

A

Philosophy in Business

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3
Q

how one approaches its problems

A

Philosophy in Business

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4
Q

Branches of Philosophy

A

Metaphysics
Epistemology
Axiology

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5
Q

concerned about reality and existence

A

Metaphysics

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6
Q

nature of existence and reality

A

ontology

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7
Q

origin and structure of the universe

A

cosmology

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8
Q

refers to the nature, origin and scope of knowledge

A

Epistemology

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9
Q

reason or discourse

A

logic

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10
Q

explores the nature of values

A

Axiology

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11
Q

what is right and wrong

A

ethics

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12
Q

what is beauty

A

aesthetics

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13
Q

encouraged continuous wonder, open-minded questioning, and innovative thinking

A

Socrates (470-399 BC)

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14
Q

question the things you hold true because they are temporary

A

Socrates (470-399 BC)

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15
Q

innovation starts with playful minds

A

Socratic Philosophy in Business

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16
Q

think “outside the box”

A

Socratic Philosophy in Business

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17
Q

do not be afraid to seek possibilities

A

Socratic Philosophy in Business

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18
Q

Father of Idealism

A

Plato (428/427-348/347 BC)

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19
Q

every form has an ideal image that exists in the mind

A

Plato (428/427-348/347 BC)

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20
Q

material existence are imperfections

A

Plato (428/427-348/347 BC)

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21
Q

set the ideal and strive to achieve it

A

Platonism in Business

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22
Q

business goals must express an ideal business

A

Platonism in Business

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23
Q

Father of Realism

A

Aristotle (384-322 BC)

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24
Q

virtue must be achieved by reaching one’s full potential as a member of a larger community

A

Aristotle (384-322 BC)

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25
Q

no dichotomy between self-interest and greater good

A

Aristotelian Philosophy in Business

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26
Q

encourage virtuous acts to contribute to society

A

Aristotelian Philosophy in Business

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27
Q

attain personal fulfillment through right actions

A

Confucius (551-479 BC)

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28
Q

“do not do unto others what you would not want others to do unto you”

A

Confucius (551-479 BC)

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29
Q

if businesses treat others well, they will be rewarded

A

Confucian Philosophy in Business

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30
Q

if businesses act badly, there will be consequences

A

Confucian Philosophy in Business

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31
Q

Founder of Pythagoreanism

A

Pythagoras (570-495 BC)

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32
Q

mathematics is the basis of everything

A

Pythagoras (570-495 BC)

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33
Q

every concept on Earth are represented by numbers, shapes, lines, etc.

A

Pythagoras (570-495 BC)

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34
Q

problems can be identified and solved by looking at the numbers

A

Pythagorean Philosophy in Business

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35
Q

accuracy in accounting is vital

A

Pythagorean Philosophy in Business

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36
Q

branched out and developed from classical philosophies

A

Contemporary philosophies

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37
Q

do what is ethically and morally right regardless of consequences

A

Deontology

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37
Q

make the fairest decision that will benefit the majority

A

Utilitarianism

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38
Q

the disadvantage to a small group is justified if the good effects outweigh the bad effects

A

Utilitarianism

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39
Q

the end is important

A

Utilitarianism

40
Q

it is categorically imperative to treat people with dignity and respect

A

Deontology

41
Q

the action is important

A

Deontology

42
Q

Classical Philosophies

A

Socrates, Plato, Aristotle, Confucius, Pythagoras

43
Q

Contemporary Philosophies

A

Utilitarianism and Deontology

44
Q

It has shaped economic, political, and private lives.

A

Religion

45
Q

have become part of business ethics

A

Religious ethics

46
Q

warned against bribery, fraud, and cheating

A

Judaism

47
Q

promises punishment for that cheat on the needy

A

Judaism

48
Q

just and prompt payment of wages

A

Judaism

49
Q

“Were you fair in your business trades?”

A

Judaism

50
Q

“…shall not oppress a hired servant that is poor and needy… in the same day, you shall give him his hire, neither shall the sun go down upon it.”

A

Judaism

51
Q

teaches about just wage and fair pricing

A

Christianity

52
Q

against fraud, cheating, and deceit

A

Christianity

53
Q

refrains from selling or investing in alcohol, tobacco, defense, gambling, and pornography

A

Christianity

54
Q

ethics is needed for the economy to function correctly

A

Christianity

55
Q

economic decisions have corresponding moral consequences

A

Christianity

56
Q

strong compliance with ethical and moral codes following the Shariah principles and the Qur’an

A

Islam

57
Q

prohibits usury

A

Islam

58
Q

condemns fraud, bribery, and cheating

A

Islam

59
Q

believes in just wages

A

Islam

60
Q

application of principles in suffering, compassion, preventing harm, and concern for all living creatures

A

Buddhism

61
Q

businesses should alleviate sufferings

A

Buddhism

62
Q

non-violence; refrains from activities such as arms dealing, defense, tobacco, alcohol, and environmental destruction

A

Buddhism

63
Q

The global business environment is culturally diverse. Business professionals should know how to navigate in this reality.

A

Intercultural Business Etiquette

64
Q

Commonalities of Intercultural Business Etiquette

A

fairness
honesty
justice

65
Q

recognition towards inclusivity, harmony, and respect; not towards uniformity

A

Differences

66
Q

It follows the teachings of the Old and New Testaments, which states that businesses should not “get another’s goods or labor for less than its price.”

A

Christianity

67
Q

Its religious laws prohibit usury and consider lending with interest rates as disproportionate.

A

Islam

68
Q

It believes that businesses should contribute to ending people’s suffering.

A

Buddhism

69
Q

Its religious laws are based on the Talmud, which states that the final judgment will judge individuals whether they were fair with their business trades.

A

Judaism

70
Q

It is a philosophy, belief system, and institution that prescribes guidelines to judge human behaviors and actions.

A

Religion

71
Q

a set of standards that determine right and wrong behavior.

A

Ethics

72
Q

It is a fundamental requirement in doing business to ensure:
profit gains while contributing to socio-economic development

A

Ethics

73
Q

set of values, beliefs, and norms that exist in a society

A

Value System

74
Q

represents a nation’s or a community’s ideals in forming harmonious relationships among the populace

A

Value System

75
Q

the study of situations, practices, activities, and decisions that involve the determination of morally acceptable actions for the business and all people involved

A

Business Ethics

76
Q

a collection of morals and values, behaviors, ideologies, principles, and ethical practices that Filipinos deem important in their personal and community life

A

Filipino Value System

77
Q

ethically moral

A

Tama o Mali

78
Q

ethically good, intrinsically good

A

Mabuti o Masama

79
Q

ethically legal

A

Pwede o Bawal

80
Q

debt of gratitude
never forget the good deeds others have done to you
pay back the good deed
can be used to force people to do something in exchange for a favor they received before
can make people perpetually indebted

A

Utang na Loob

81
Q

associated with the concept of hiya or shame
makes a person avoid shameful acts
can also negatively affect relationships
example: refusing to be accountable for a mistake

A

Amor Propio

82
Q

to welcome all guests to their homes as if they are part of their family
genuinely accepting visitors and building positive relationships
an expression of warmth, welcoming customers to enjoy the products and services

A

Tuloy Po Kayo

83
Q

honoring and respecting one’s parents and older relatives
ensures that older persons will not be neglected
expects younger people to always respect the wishes of their parents
Disobedience to one’s own parents is not a desirable attitude

A

Filial Piety

84
Q

a norm where one gets a favor, is endorsed or is appointed
has caused controversies and corruption in both business and the government.

A

Padrino System

85
Q

family affiliation

A

nepotism

86
Q

friendship

A

cronyism

87
Q

when one leaves their fate to external forces

has become a resort for those who:
are unprepared
lacks confidence
lacks perseverance

A

Bahala Na Behavior

88
Q

influenced by faith

A

Bahala Na Behavior

89
Q

means another day or pertains to a specified future time.
makes work less efficient and less productive.

A

Mañana (Mamaya Na) Habit

90
Q

when it brings profit and success

A

Good for Business

91
Q

when it observes proper behavior and abides by ethical standards of society

A

Morally Acceptable

92
Q

when it disregards the moral, ethical, and legal obligations of businesses

A

Morally Unacceptable

93
Q

Example: raising the prices of basic commodities to exploit the crisis

A

Good but Morally Unacceptable

94
Q

“I will stand by the management no matter what because I owe them my job.”

A

Utang na loob

95
Q

“The current crisis will worsen inflation, but everything will soon work out.”

A

Bahala na behavior

96
Q

“I have known this person for years, he should be the team manager.”

A

Padrino system

97
Q

“I shall abide by my father’s wishes to maintain the business’s traditional practices.”

A

Filial piety

98
Q

“Do not tell the customer that he is wrong. He will stop patronizing our services.”

A

Amor propio

3rd Finals (6 decks)

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