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Questions and Answers
What is the main feature of socialism?
What is the main feature of socialism?
Which economic system allows for private ownership of property and a large government?
Which economic system allows for private ownership of property and a large government?
What is the term for the concentration of wealth among the rich and the increase in the number of poor people?
What is the term for the concentration of wealth among the rich and the increase in the number of poor people?
Which economic system is based on the assumption that individuals will make rational decisions to maximize their utility?
Which economic system is based on the assumption that individuals will make rational decisions to maximize their utility?
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What is the term for the study of how psychological, social, and emotional factors influence economic decisions?
What is the term for the study of how psychological, social, and emotional factors influence economic decisions?
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What is the main characteristic of a multinational corporation?
What is the main characteristic of a multinational corporation?
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Which economic system is based on the idea that individuals will make decisions based on their self-interest?
Which economic system is based on the idea that individuals will make decisions based on their self-interest?
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What is the term for the process of redistributing wealth from the rich to the poor?
What is the term for the process of redistributing wealth from the rich to the poor?
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Which economic system is characterized by a high level of government intervention in the economy?
Which economic system is characterized by a high level of government intervention in the economy?
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What is the main goal of socialism?
What is the main goal of socialism?
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Study Notes
Falsafah Moral
- Teleology: philosophy that stipulates acts are morally right or acceptable if they produce a desired result, such as realization of self-interest or utility
- Egoism: defines right or acceptable actions as those that maximize a particular person's self-interest as defined by the individual
- Utilitarianism: defines right or acceptable actions as those that maximize total utility or the greatest good for the greatest number of people
- Deontology: focuses on the preservation of individual rights and on the intentions associated with a particular behavior rather than on its consequences
- Relativist: evaluates ethicalness subjectively on the basis of individual and group experiences
- Virtue ethics: assumes what is moral in a given situation is not only what conventional morality requires but also what the mature person with a "good" moral character deems appropriate
- Justice: evaluates ethicalness on the basis of fairness: distributive, procedural, and interactional
Perspektif Relativis
- Relativisme deskriptif: relates to the observation of other cultures
- Relativisme meta-etika: suggests that people naturally view situations from their own perspective, and there is no objective way to resolve ethical conflicts between different value systems and individuals
- Relativisme normatif: assumes that one person's opinion is just as good as another person's opinion
- Recognizes that people have many different perspectives
- Observes the actions of group members involved
- Attempts to determine group consensus on certain behaviors
- Basic problem with relativism is that it emphasizes individual differences while ignoring common human values
Budaya Organisasi
- Four classification of organizational culture:
- Budaya apatis: minimal concern for people and performance
- Budaya penyayang: high concern for people but minimal concern for performance
- Budaya yang tepat: minimal concern for people but high concern for performance
- Budaya integratif: high concern for people and performance
- Audit budaya: an evaluation of an organization's values
Contoh Syarikat Empat Budaya
- Caring Culture: Ben & Jerry's (embraces community causes, treats employees fairly, and expends numerous resources to enhance customer well-being)
- Apathetic Culture: Countrywide Financial (showed little concern for employees and customers, encouraged unethical conduct for profits)
- Integrative Culture: Starbucks (looks for ways to expand and improve performance, exhibits high concern for people through community causes, sustainability, and employee health care)
Audit Etika
- An ethic officer is a professional in compliance who evaluates the use of ethics and governance within a company
- Tasks may involve evaluating various business processes and determining how effectively they comply with company values and industry regulations
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Description
This quiz covers the comparison of philosophies used in business decision making, based on Business Ethics: Ethical Decision Making and Cases, 13th Edition. It focuses on moral philosophy and its application in business.
