ETHICS MIDTERM REVIEWER Flashcards

(94 cards)

1
Q

defines how people choose to interact with one another

A

ethics

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2
Q

greek word meaning character

A

ethos or ethikos

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3
Q

latin word meaning customs

A

mores

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4
Q

defined as what is good for the individual and for society

A

ethics in philosophy

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5
Q

the practice of what is morally and ethically right in the conduct of business or doing what is right in transactions

A

business ethics

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6
Q

personal, binded by religion

A

moral

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7
Q

binded by laws and customs

A

ethical

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8
Q

level of business ethics: citizens, personal values, can be changed by corporate law

A

individual

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9
Q

level of business ethics: corporate law, values in the company, interpretation of the macro values, cannot be changed by individual law

A

corporate

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10
Q

level of business ethics: whole society, individuals and companies, involves philippine law

A

macro

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11
Q

Core principles of business ethics: transparency

A

honesty

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12
Q

Core principles of business ethics: doing right even when no one is watching, consistency, earned trust of its state

A

integrity

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13
Q

Core principles of business ethics: fulfill commitments even when it is hard

A

keeping promises

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14
Q

Core principles of business ethics: not putting their self-interests above anything that will jeopradize the company’s position

A

loyalty

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15
Q

Core principles of business ethics: exercise of compassion and sincerity

A

caring

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16
Q

Core principles of business ethics: obeying the rules

A

obeying the law

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17
Q

Core principles of business ethics: strive to achieve excellence and deliver the highest quality products

A

excellence

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18
Q

Core principles of business ethics: leadership by example

A

being a leader

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19
Q

Core principles of business ethics: act ethically to enhance the company’s image

A

morale

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20
Q

Core principles of business ethics: being responsible for one’s actions

A

accountable

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21
Q

components of code of ethics: an organization’s internal conduct and its relationships

A

value

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22
Q

components of code of ethics: supporting the values of the organization

A

principles

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23
Q

components of code of ethics: members that implements principles and values

A

management support

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24
Q

components of code of ethics: everyone is obliged to perform

A

personal responsibility

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25
components of code of ethics: section of the consequences when you don't follow
compliance
26
activity to give back to the community
corporate social responsibility
27
man must achieve a good, prosperous life called ___
eudaimonia
28
responsibility is to be morally upright
socrates
29
keep people motivated
aristotle
30
be a good example
plutarch
31
have a resilient mind
epictetus
32
act what you learn
rufus
33
be happy
epicurus
34
we are responsible for what we do and do not know, and we are responsible for our own happiness, encourages sincerity, humility, and courage
socrates
35
giving the students questions rather than answers
socratic method
36
is based on logic and reasoning
aristotle
37
at base a discourse between two or more people holding different points
dialectic
38
comes from the greek word arête meaning excellence, focuses less on following rules, more on the development of good traits
virtue
39
advocates courage, wisdom, temperence, and justice
plato
40
aristotle came up with the first description of virtue ethics, when people have good character, they can also control and manage their emotions
nichomachean ethics
41
based on ethics, which looks at the moral character of the person carrying out a particular action
a person
42
to recognize the actual condition of an event at site; worthwhile to go to the actual place
gemba
43
stated that defense on property as a natural right
john locke
44
whatever employees believe they contribute to the company should be commensurate to their incentive
john rawl's difference principle
45
said that there should be equality in the society
adam smith
46
said that fairness should be equal to distributive justice
john stuart milt, immanuel kant, and G.W.F. hegel
47
abraham maslow's hierarchy of needs: basic needs like food, water, shelter, warmth, rest
physiological
48
abraham maslow's hierarchy of needs: basic needs like security and safety
safety
49
abraham maslow's hierarchy of needs: psychological, friends and relationships
belongingness and love
50
abraham maslow's hierarchy of needs: psychological, prestige and accomplishment
esteem
51
abraham maslow's hierarchy of needs: self fulfillment needs, achieving full potential, creative activities
self actualization
52
said that ethical standards must be followed in organizations
ferrel and fraedrich 1990
53
emphasized co-employees and peers are most influential in decisions
ferrel and gresham, trevino, jones
54
ethics is based on characteristics like religion strengthens character
hunt and vitell 1980
55
ethics and law are not the same
frank chapman sharp and phillip D. fox 1937
56
judaism 11 core values: consistency in words
integrity
57
judaism 11 core values: keeping ones words
brit
58
judaism 11 core values: trusting relationship
loyalty
59
judaism 11 core values: refraining from being judgemental and being charitable
tzedakah
60
judaism 11 core values: being kind
chesed
61
judaism 11 core values: respecting life
respect for human dignity
62
judaism 11 core values: good citizenship
respect for law
63
judaism 11 core values: setting example
taking responsibility
64
judaism 11 core values: contribute to make the world a better place, the state of not being oppressed
tikkun olam
65
values are based on Christian scriptures, model is Jesus
Christianity
66
a major religion in asia, india, and nepal
Hinduism
67
an act that may result in happiness or misfortune
karma
68
the ethics of hindus for practical, focuses on how work is done, not what work is done
vendetta
69
represents life in hindusim
cow
70
practice to promote health and relaxation
yoga
71
is the budda or enlightened one, nor a god but a person they want to be like
siddhartha gautama
72
gives importance to the environment and animals, detach from worldly possessions, comes from hinduism
buddhism
73
wheel of life, representation of cycle of birth, death and rebirth
bhavacakra
74
allah is God, book is Qur'an, ethics is freedom, responsibility, and honesty
islam
75
chinese and korean religion,
confucianism
76
is the one who started confucianism, achieves harmony, values interdependence, interpersonal relationships, common good, and stability
confucius or master kong
77
promotes inner peace in an individual and harmony w surroundings, based in taiwan
taoism
78
taoism is based on the ___ by lao tzu
tao te chiing or book of the way and virtue
79
tenets of taoism: tao - we wei - yin and yang -
universal law of nature letting go dualism or interconnecting
80
based in japan, pray to kami which is nature, inspired by confuciansim, encourages group effort, which recognizes individuals in a group
shintoism
81
unethical business practices: accounting books can be manipulated
accounting manipulations
82
unethical business practices: some services are guilty of charging more than the actual price for the services given
overbilling
83
unethical business practices: some advertisements mislead customers making promises which the product cannot really deliver
misleading advertisments
84
unethical business practices: some managers tend to take credit for something like charity works which they actually are not a part of
making false claims
85
unethical business practices: poor customer service
customer service failures
86
unethical business practices: they are just giving higher salaries to their executives
layoff and high executive compensation
87
unethical business practices: poor products may be the result of low-quality raw materials used to lower the total cost of production
poor quality materials
88
good policies and ethical practices in business organizations: register with DTI (sole proprietor) or SEC (partnerships and corporations)
business organizations should comply with reportorial requirements as mandated by government agencies for ethical practices
89
good policies and ethical practices in business organizations: employees must observe good manners such as ensuring that conversations are not too loud, etc.
practice proper office decorum
90
good policies and ethical practices in business organizations: management should maintain cleanliness in the workplace at all times
be sensitive to smells and scents which may be pleasant to the employees
91
good policies and ethical practices in business organizations: the responsibility to safeguard company property against loss, theft, and misuse
company property assets are for business purposes only and not for personal use
92
good policies and ethical practices in business organizations: the use of email, internet, telephone, and other fomrs of communication helps employees with their duties
employees should use communication infrastructure properly and appropriately
93
good policies and ethical practices in business organizations: they shold avoid conflicts, and any personal gain should not interfere with company interest. employees should exercise care in discussing information in public.
employees should always act in the best interest of their employer
94
good policies and ethical practices in business organizations: project the credibility and integrity of the company
all financial accounting records should be accurate, reliable and truthful.