Podcast
Questions and Answers
Which of the following best describes the relationship between ethics and law?
Which of the following best describes the relationship between ethics and law?
- Law encompasses all ethical standards, making ethics redundant.
- Ethics and law are completely distinct, with no overlap.
- Ethical standards are derived solely from the legal framework of a society.
- Law incorporates many ethical standards, but not all ethical actions are legally mandated. (correct)
What is a key problem with equating ethics with feelings or 'gut' instincts?
What is a key problem with equating ethics with feelings or 'gut' instincts?
- Feelings are subjective and may deviate from what is ethical. (correct)
- Feelings are always a reliable guide to ethical behavior.
- Feelings are objective and consistent across individuals.
- Feelings are directly dictated by religious beliefs so they are always consistent with moral behavior.
Why is it problematic to confine ethics solely to religious beliefs?
Why is it problematic to confine ethics solely to religious beliefs?
- All ethical principles are rooted in religious teachings.
- If ethics were confined to religion, it would only be applicable only to those who follow that religion. (correct)
- Religious beliefs are always consistent with ethical standards.
- Religious beliefs are the most objective source of ethical guidance.
What is the main problem associated with the view that 'ethics is simply the norms of a society'?
What is the main problem associated with the view that 'ethics is simply the norms of a society'?
Which statement best describes 'ethical relativism'?
Which statement best describes 'ethical relativism'?
What is the primary focus of the study of ethics?
What is the primary focus of the study of ethics?
In the context of global business, what is the saying 'When in Rome, do as the Romans do' an example of?
In the context of global business, what is the saying 'When in Rome, do as the Romans do' an example of?
What was the main ethical dilemma in the 'Italian Tax Mores' case?
What was the main ethical dilemma in the 'Italian Tax Mores' case?
According to Richard Garliko's perspective, under what conditions does cheating become essentially a re-equalization of players?
According to Richard Garliko's perspective, under what conditions does cheating become essentially a re-equalization of players?
What is the primary goal of 'Reflective Equilibrium' as described by John Rawls?
What is the primary goal of 'Reflective Equilibrium' as described by John Rawls?
Within reflective equilibrium, what is the fundamental action required when discovering an apparent inconsistency in a set of moral beliefs?
Within reflective equilibrium, what is the fundamental action required when discovering an apparent inconsistency in a set of moral beliefs?
Which of the following best characterizes the core principle of utilitarianism?
Which of the following best characterizes the core principle of utilitarianism?
According to the trolley problem, what is the distinction between pushing a large man onto the tracks and pulling a lever to divert the trolley?
According to the trolley problem, what is the distinction between pushing a large man onto the tracks and pulling a lever to divert the trolley?
According to utilitarianism, how should one consider their own happiness compared to others' when making a decision?
According to utilitarianism, how should one consider their own happiness compared to others' when making a decision?
What did Josh Greene's fMRI investigation of the trolley problem reveal about emotional responses?
What did Josh Greene's fMRI investigation of the trolley problem reveal about emotional responses?
What key ethical issue does the Ford Pinto case highlight?
What key ethical issue does the Ford Pinto case highlight?
What is the central focus of deontological ethics, as opposed to utilitarianism?
What is the central focus of deontological ethics, as opposed to utilitarianism?
In Kant's first formulation of the categorical imperative, what does it emphasize?
In Kant's first formulation of the categorical imperative, what does it emphasize?
What is the central idea behind the 'dirty hands problem'?
What is the central idea behind the 'dirty hands problem'?
What does Kant's second formulation of the categorical imperative emphasize regarding human beings?
What does Kant's second formulation of the categorical imperative emphasize regarding human beings?
What does it mean to refer to something as a 'moral remainder'?
What does it mean to refer to something as a 'moral remainder'?
In the context of business, what does the 'dirty hands' problem suggest?
In the context of business, what does the 'dirty hands' problem suggest?
What is the key distinction between public and private morality?
What is the key distinction between public and private morality?
According to Albert Z. Carr, how does the game of poker relate to business?
According to Albert Z. Carr, how does the game of poker relate to business?
According to the provided material, what is the primary purpose of advertising?
According to the provided material, what is the primary purpose of advertising?
What does a utilitarian perspective suggest about the consequences of advertising that creates desires?
What does a utilitarian perspective suggest about the consequences of advertising that creates desires?
According to a deontological perspective, how does advertising that manipulates desires treat individuals?
According to a deontological perspective, how does advertising that manipulates desires treat individuals?
What does Zuboff's concept of 'surveillance capitalism' primarily involve?
What does Zuboff's concept of 'surveillance capitalism' primarily involve?
What is a key concern associated with surveillance capitalism?
What is a key concern associated with surveillance capitalism?
What is the 'is-ought' fallacy, as it relates to the objections against Carr's view?
What is the 'is-ought' fallacy, as it relates to the objections against Carr's view?
According to the content, what is the relationship between meaningful work and job satisfaction?
According to the content, what is the relationship between meaningful work and job satisfaction?
According to the content, what is Harry Frankfurt's view on integrity?
According to the content, what is Harry Frankfurt's view on integrity?
According to Sam Walton, who is the 'only boss' in a company?
According to Sam Walton, who is the 'only boss' in a company?
According to Milton Friedman's shareholder theory, what should be a corporation's primary goal?
According to Milton Friedman's shareholder theory, what should be a corporation's primary goal?
What is a key limitation of the shareholder theory, according to the content?
What is a key limitation of the shareholder theory, according to the content?
What is meant by the term 'instrumentalist' in the provided content?
What is meant by the term 'instrumentalist' in the provided content?
According to the content, which statement best describes a corporation?
According to the content, which statement best describes a corporation?
According to the concept of 'Enlightened Self-interest', which of the following best describes the relationship between serving others' interests and one's own?
According to the concept of 'Enlightened Self-interest', which of the following best describes the relationship between serving others' interests and one's own?
Which of the following views asserts that corporations possess a moral status similar to but not exactly the same as persons?
Which of the following views asserts that corporations possess a moral status similar to but not exactly the same as persons?
What is a primary limitation of the 'legal compliance view' of corporate obligations?
What is a primary limitation of the 'legal compliance view' of corporate obligations?
Which aspect of advertising does 'macro-level' concern primarily address?
Which aspect of advertising does 'macro-level' concern primarily address?
Which of the following is a key function of advertising, as described in the text, other than conveying information?
Which of the following is a key function of advertising, as described in the text, other than conveying information?
What is the main problem associated with 'partial disclosure' in advertising according to the text?
What is the main problem associated with 'partial disclosure' in advertising according to the text?
According to John Kenneth Galbraith's 'Dependence Effect,' what is the impact of advertising?
According to John Kenneth Galbraith's 'Dependence Effect,' what is the impact of advertising?
What ethical principle does deception in advertising directly undermine, according to the text?
What ethical principle does deception in advertising directly undermine, according to the text?
Flashcards
Cultural Relativism
Cultural Relativism
The view that moral values are entirely relative to particular environments.
Moral Intuition
Moral Intuition
A gut feeling we have about whether an action is right or wrong.
Argument
Argument
A series of statements intended to establish a definite conclusion.
Ethics
Ethics
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Moral Principle
Moral Principle
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When in Rome, Do as the Romans Do
When in Rome, Do as the Romans Do
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Ethical Relativism
Ethical Relativism
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Ethics Confined to Religion
Ethics Confined to Religion
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Reflective Equilibrium
Reflective Equilibrium
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Utilitarianism
Utilitarianism
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Principle of Utility
Principle of Utility
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Deontology
Deontology
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Categorical Imperative
Categorical Imperative
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First Formulation of Categorical Imperative
First Formulation of Categorical Imperative
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Second Formulation of Categorical Imperative
Second Formulation of Categorical Imperative
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Re-equalizing the Playing Field
Re-equalizing the Playing Field
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Fabricating Desires
Fabricating Desires
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Surveillance Capitalism
Surveillance Capitalism
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Prediction Products
Prediction Products
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Commodification of Experience
Commodification of Experience
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Loss of Self
Loss of Self
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Dirty Hands Problem
Dirty Hands Problem
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Role Morality
Role Morality
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Business as a Game(Albert Z.Carr)
Business as a Game(Albert Z.Carr)
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Moral Remainders
Moral Remainders
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Proximity Effect
Proximity Effect
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Intentional Harm vs. Unintended Consequence
Intentional Harm vs. Unintended Consequence
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Ford Pinto Case
Ford Pinto Case
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Bisha Mine Lawsuit
Bisha Mine Lawsuit
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Shareholder Theory
Shareholder Theory
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Business Game Morality
Business Game Morality
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Customer Primacy
Customer Primacy
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Corporation
Corporation
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Friedman's Shareholder Theory
Friedman's Shareholder Theory
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Is-Ought Fallacy
Is-Ought Fallacy
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Meaningful Work
Meaningful Work
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Integrity
Integrity
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Legal Compliance View
Legal Compliance View
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Moral Person View
Moral Person View
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Moral Actor View
Moral Actor View
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The Dependence Effect
The Dependence Effect
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Partial Disclosure
Partial Disclosure
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Deception in Advertising
Deception in Advertising
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Shockvertising
Shockvertising
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Macro-Level Advertising Concerns
Macro-Level Advertising Concerns
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Study Notes
Chapter 1: Ethics and the Law
- Ethics encompasses many ethical standards but some laws are illegal but not clearly unethical (e.g., jaywalking)
- Ethics and feelings are often equated, but feelings can deviate from ethical standards (e.g., veganism)
- Ethics is not just societal norms, conventions, and customs; this introduces the problem of cultural ethical relativism.
- Ethics is a study of fundamental foundations of moral principles which guide individual behavior and practical applications.
- A moral principle is a moral law, which states that harming others is wrong (e.g., genocide)
- A moral intuition is a gut feeling about right or wrong.
- An argument is a series of statements, which intends to establish a definite conclusion.
Chapter 2: Moral Diversity in the Globalization of Business
- Should companies conform to local practices to be more competitive?
- How can businesses operate around the world (e.g., when in Rome, do as the romans do - adapting to local practices)?
Case Studies (Page 2)
- Lance Armstrong: some argue cheating is acceptable if widely practiced in the sport.
- Italian Tax Mores: Should American banks follow local tax customs even if unethical?
Ethical Theories (Page 3)
- Utilitarianism: Emphasizes the consequences of an action. The action that leads to the greatest possible overall happiness is the right one.
- Deontology: The intention of the action is paramount. What matters is the rightness or wrongness of the action itself rather than its consequence. The morality is determined by Kant's categorical imperatives.
Categorical Imperatives (Page 3)
- Act only according to that maxim whereby you can at the same time will that it should become a universal law.
- Treat humanity, whether in your own person or in the person of any other, never simply as a means but always at the same time as an end.
Chapter 3: Ethical Theories (Page 3)
- The Trolley Problem: A thought experiment that highlights the conflict between intent and consequences, and the challenge of making difficult moral decisions.
The Dirty Hands Problem (Page 4)
- A dilemma regarding the moral responsibility of individuals when caught in a situation where acting morally in one aspect results in an immoral action in another.
- In business context, companies may compromise their own morals to survive.
Chapter 4: (Page 5)
- Corporate purpose: The primary aim is to serve customer interests. There is only one boss – the customer – and they can fire all employees.
- Four Key Terms: corporation, shareholder, Stakeholders, Shareholder primacy
- Shareholder Primacy The idea that businesses are primarily responsible for their shareholders.
Chapter 5 (Page 6-7)
- Stakeholders are anyone with a stake in a company's success (customer, employees, investors, etc.)
- Corporate Social Responsibility (CSR): Includes ethical, philanthropic, legal, and economic responsibilities of businesses to society.
- The 3 moral advertising concerns.
Chapter 8 Advertising (Page 8)
- Macro level The broader moral justifications of advertising as a practice.
- Micro level The moral reasoning behind particular advertisements.
- Specific considerations when advertising products like cigarettes and alcohol.
- Advertising involves deception; partially disclosing information.
- The dependence effect is where advertising creates desires instead of fulfilling them.
Chapter 9: Surveillance Capitalism (Page 9)
- The digital revolution has led to a new form of capitalism that uses data to predict and manipulate human behaviour..
- Companies make profits by exploiting, and commoditizing personal data.
- This raises ethical concerns over the use, and commercialization of consumer data and individual privacy.
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Description
Test your understanding of the relationship between ethics and law, key problems in equating ethics with feelings, and the implications of ethical relativism. This quiz covers various perspectives, including those of Richard Garliko and John Rawls, as well as ethical dilemmas in global business contexts.