Business Ethics: A Study Guide
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Questions and Answers

What is the primary goal of a business, according to the text?

  • To provide high-quality goods and services to consumers
  • To achieve personal happiness for its employees
  • To contribute to the good of society (correct)
  • To generate profit for its shareholders
  • What is the relationship between personal ethics and business ethics, according to the text?

  • Personal ethics are irrelevant to business ethics.
  • Personal ethics and business ethics are distinct but interconnected. (correct)
  • Business ethics are more important than personal ethics.
  • Business ethics are a subset of personal ethics.
  • Which of these is NOT mentioned as an area of ethical consideration in the text?

  • Environmental ethics (correct)
  • Business ethics
  • Social ethics
  • Personal ethics
  • How does an individual's pursuit of excellence impact their work life?

    <p>Individual excellence can contribute to a company's overall success. (A)</p> Signup and view all the answers

    What is the driving force behind an individual's pursuit of happiness, according to the text?

    <p>Personal fulfillment and self-realization (A)</p> Signup and view all the answers

    What is the connection between a company's culture and its ethical behavior, according to the text?

    <p>A company's culture can significantly influence its ethical decisions and actions. (B)</p> Signup and view all the answers

    What does the term 'eudaimonia' refer to in the context of the text?

    <p>A life lived with a sense of purpose and fulfillment (D)</p> Signup and view all the answers

    How can business contribute to the realization of the 'common good'?

    <p>By providing goods and services that benefit all members of society (C)</p> Signup and view all the answers

    What aspect of ethics does Aristotle emphasize?

    <p>Acting in ways that define who we are (C)</p> Signup and view all the answers

    Which question is central to the study of ethics?

    <p>What motivates human beings to act? (D)</p> Signup and view all the answers

    What defines a moral act in ethics?

    <p>A voluntary decision made towards a specific choice (D)</p> Signup and view all the answers

    How do ancient ethical theories differ from modern ethical theories?

    <p>Ancient theories emphasize the individual as the focal point of ethics (D)</p> Signup and view all the answers

    What is a primary focus of ethics as stated in the content?

    <p>Examining human behavior and decision-making processes (B)</p> Signup and view all the answers

    What do act-centered theories in ethics primarily examine?

    <p>The action itself isolated from the individual (B)</p> Signup and view all the answers

    According to the content, what is one outcome of engaging with ethics?

    <p>Achieving human excellence in personal and professional contexts (D)</p> Signup and view all the answers

    Why is the context of actions important in ethical enquiry?

    <p>It provides insight into why individuals make particular choices (C)</p> Signup and view all the answers

    What is the primary focus of Marta Rocchi's academic specialization?

    <p>Finance ethics (C)</p> Signup and view all the answers

    Which title is associated with the work edited by J.A. Mercado?

    <p>Personal Flourishing in Organizations (B)</p> Signup and view all the answers

    Who is the author known for translating 'The Perspective of Morality'?

    <p>G. Malsbary (C)</p> Signup and view all the answers

    In what capacity has Marta Rocchi contributed to the Hoffman Center for Business Ethics?

    <p>Visiting Scholar (D)</p> Signup and view all the answers

    Which university did Marta Rocchi earn her PhD from?

    <p>University of Navarra (A)</p> Signup and view all the answers

    Which publication format does the work 'Handbook of Virtue Ethics in Business and Management' belong to?

    <p>Edited Volume (B)</p> Signup and view all the answers

    What is the main area of research for the Irish Institute of Digital Business?

    <p>Digital Business Practices (C)</p> Signup and view all the answers

    Which ethical framework is primarily discussed in the work of A.J.G. Sison and others?

    <p>Thomistic Virtue Ethics (B)</p> Signup and view all the answers

    According to Aristotle's perspective on virtue and vice, what practice leads to becoming a virtuous individual?

    <p>Consistently performing actions aligned with virtue. (D)</p> Signup and view all the answers

    What type of actions does ethics primarily focus on, as discussed in the text?

    <p>Actions that are entirely under an individual's control. (C)</p> Signup and view all the answers

    Which of the following questions IS NOT specifically mentioned as a core question explored in the history of philosophy?

    <p>What is the ideal framework for ethical decision-making? (A)</p> Signup and view all the answers

    The text uses the example of a conversation between a father and his son in a supermarket to illustrate what point about ethics?

    <p>Ethics can be applied to everyday situations. (B)</p> Signup and view all the answers

    The term "acts of man" refers to actions that are...

    <p>Beyond the control of our will. (A)</p> Signup and view all the answers

    What is the primary purpose of the example about deciding whether to breathe or not?

    <p>To highlight the difference between voluntary and involuntary actions. (C)</p> Signup and view all the answers

    According to the content, what is the connection between ethics and philosophy?

    <p>All of the above. (D)</p> Signup and view all the answers

    Based on the provided content, what does the phrase “Ethics is part of philosophy” suggest?

    <p>Understanding ethical concepts requires a philosophical framework. (C)</p> Signup and view all the answers

    According to Sison, Beabout and Ferrero, what distinguishes virtue ethics from deontology?

    <p>Virtue ethics considers the specific context of actions, while deontology emphasizes principles. (B)</p> Signup and view all the answers

    How does virtue ethics differ from utilitarianism in its perspective on rules?

    <p>Virtue ethics believes in the existence of exceptionless prohibitions, unlike utilitarianism which focuses on maximizing overall happiness. (D)</p> Signup and view all the answers

    What does Aristotle consider to be the foundation of virtue?

    <p>A habitual tendency to act in accordance with good behavior. (B)</p> Signup and view all the answers

    How does the Greek term "arête" relate to the concept of "virtue"?

    <p>Arête signifies the distinctive quality of a hero, similar to the concept of “virtue” representing moral excellence. (D)</p> Signup and view all the answers

    What implication does the Latin term "virtus" hold for the concept of virtue?

    <p>Virtus emphasizes the idea of virtue as a characteristic of the human being in its totality. (C)</p> Signup and view all the answers

    According to the passage, how is a virtuous person recognized in a community?

    <p>By their exemplary moral character and conduct. (C)</p> Signup and view all the answers

    What is the key idea conveyed by the terms "arête" and "virtus" in relation to virtue?

    <p>They highlight the inherent human capacity for excellence and moral virtue. (B)</p> Signup and view all the answers

    How does Alasdair MacIntyre's work contribute to the current understanding of virtue ethics?

    <p>He provides a systematic framework for understanding virtue ethics, drawing on ancient philosophy. (B)</p> Signup and view all the answers

    How is the concept of "flourishing" related to the Aristotelian concept of "eudaimonia"?

    <p>Flourishing is a modern interpretation of the concept of eudaimonia, focusing on personal growth and self-development. (A)</p> Signup and view all the answers

    According to the passage, what is the primary focus of the concept of "flourishing"?

    <p>Developing one's potential to become the best version of oneself. (C)</p> Signup and view all the answers

    What is the significance of the phrase "Personal Flourishing" as mentioned in the passage?

    <p>It highlights the growing interest in personal growth and development within different fields. (C)</p> Signup and view all the answers

    How does the passage connect the concept of "flourishing" to the idea of ethics in the field of business?

    <p>It argues that ethics provides a framework for achieving excellence and flourishing in business practices. (B)</p> Signup and view all the answers

    According to the passage, what was the main reason for the revival of virtue ethics in the latter half of the 20th century?

    <p>The publication of a significant essay by Elizabeth Anscombe in 1958. (A)</p> Signup and view all the answers

    What is the relevance of Thomas Aquinas to the discussion of Aristotle's concept of "eudaimonia"?

    <p>Aquinas was a prominent interpreter of Aristotle's thought, continuing to promote the concept of 'eudaimonia.' (B)</p> Signup and view all the answers

    Which aspect of "eudaimonia" is considered the most important according to the passage?

    <p>Living a life of virtue, striving for excellence. (D)</p> Signup and view all the answers

    What role does the passage suggest that "flourishing" plays in the development of a person?

    <p>It promotes a path to individual growth and well-being through actions and experiences. (A)</p> Signup and view all the answers

    Study Notes

    Business Ethics

    • This book is "A Path to Excellence for Business Students", written by Marta Rocchi, PhD in 2023.
    • The book is a study guide/textbook on business ethics.
    • It covers philosophical frameworks for business ethics, including defining ethics, different ethical theories (deontological, consequentialism, utilitarianism, and virtue ethics), and their application to everyday business life.
    • The book intends to aid business students with the terminology and fundamental business ethics concepts.
    • It includes a table of contents, chapter 1 and sub-chapters like what does ethics mean to you?, defining ethics, practical aspects of ethics, ethical perspectives, and deontological ethics.
    • The text emphasizes the philosophical and practical aspects of ethics, covering definitions and practical applications.
    • Ethics is defined as a “philosophical and practical study of human acts and behaviour”.
    • It explores various concepts such as the trolley dilemma.
    • It suggests that ethics are essential for human flourishing and excellence.
    • The book's author is Marta Rocchi, PhD, and affiliated with DCU Business School.

    Table of Contents

    • This book covers philosophical frameworks for business ethics.
    • It includes chapters about different ethical theories and their applications.

    Chapter 1: Philosophical Frameworks for Business Ethics

    • Introduces philosophical foundations of business ethics.
    • Addresses concrete applications of business ethics in daily business life.
    • Outlines what students will learn in the chapter.
    • Defines what ethics means to students in a class brainstorming session.
    • Details the history and definition of ethics.
    • Distinguishes ethics as a field of study from moral experience.
    • Explains the practical aspect of ethics as a "guide for human excellence."
    • Discusses whether all actions are free (with explanation of acts of man).
    • Addresses Ethics in the context of our lives.
    • Examines different perspectives on human actions.
    • Introduces Deontological, Consequentialist, and Utilitarian, theories along with Virtue ethics.
    • Includes different examples for each theory.

    Deontological Ethics

    • Focuses on duty or rules
    • Introduces the categorical imperative (act only on a maxim that you can will to become a universal law) and the humanity formula (act so that you treat humanity, in your own person or in the person of any other, always at the same time as an end, never merely as a means).
    • Argues that these are essential for moral evaluation.

    Consequentialism and Utilitarianism

    • Focuses on the consequences of actions.
    • Utilitarianism, a prominent strain in consequentialism, emphasizes maximizing happiness for the greatest number.
    • Discusses the Principle of Utility: act so as to produce the greatest good to the greatest number.
    • Examines the limitations of applying the utility principle.
    • Presents the Trolley Dilemma as an illustration of the potential problematic consequences of applying the principle of utility.

    Virtue Ethics

    • Focuses on the character of the person acting.
    • Highlights "eudaimonia" (flourishing, well-being) as the ultimate good.
    • Discusses how virtues are developed through habits, and what they are.
    • Includes the doctrine of the mean, which asserts that virtues are situated between extremes.

    Ethics as a Guide to Human Excellence

    • Connects the different ethical theories to improve human excellence.

    Summary of Personal, Business, and Social Ethics

    • Provides a table summarizing the main concepts of personal, business and social ethics, with respective reasons, descriptions, context and academic fields.

    Review of Chapter 1

    • Outlines the takeaways from the chapter, highlighting how to define, and critically examine ethics across different contexts.

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    Business Ethics - 2023 PDF

    Description

    Explore the key concepts of business ethics with this quiz based on the textbook 'A Path to Excellence for Business Students' by Marta Rocchi. Delve into philosophical frameworks, ethical theories, and their applications in the business world. This quiz will enhance your understanding of ethics in a practical context.

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