Podcast
Questions and Answers
Which of these statements best describes the moral-market trend discussed in the article?
Which of these statements best describes the moral-market trend discussed in the article?
- Companies are using ethical jargon to appear more appealing to consumers. (correct)
- Companies are genuinely incorporating ethics into their operations and culture.
- Companies are prioritizing profits over ethical considerations.
- Companies are struggling to balance profitability with ethical concerns.
Clinical drug trials in India are considerably more expensive than in developed countries.
Clinical drug trials in India are considerably more expensive than in developed countries.
False (B)
The author argues that the presence of a strong moral compass in employees is...
The author argues that the presence of a strong moral compass in employees is...
- a sign of an employee's commitment to the company's values.
- vital for a successful business.
- a crucial element for achieving profitability.
- a desirable quality, but not vital for business success. (correct)
The text states that a ______ is a more generalized description of an action, while a norm is a specific instruction for behavior in given situations.
The text states that a ______ is a more generalized description of an action, while a norm is a specific instruction for behavior in given situations.
What does the author suggest is the most important reason for having ethical guidelines and rules in society?
What does the author suggest is the most important reason for having ethical guidelines and rules in society?
What challenge does the author present in relation to the growing number of rules and regulations?
What challenge does the author present in relation to the growing number of rules and regulations?
Which of the following is NOT mentioned as an example of a value that is emphasized in modern society?
Which of the following is NOT mentioned as an example of a value that is emphasized in modern society?
The author implies that values are unchanging and therefore should be universally applicable.
The author implies that values are unchanging and therefore should be universally applicable.
What is the primary purpose of values, as presented in the text?
What is the primary purpose of values, as presented in the text?
What is the difference between a value and a norm?
What is the difference between a value and a norm?
All ethical rules and principles are based on religious teachings.
All ethical rules and principles are based on religious teachings.
Besides religious teachings, what are other sources that contribute to the development of ethical principles?
Besides religious teachings, what are other sources that contribute to the development of ethical principles?
Flashcards
Ethical Guidelines in Business
Ethical Guidelines in Business
Companies and banks often create ethical guidelines for themselves and employees, a trend viewed as fashionable, but not necessarily genuine.
Morality Markets
Morality Markets
Competition to be seen as moral, often leading to superficial or trivial standards in ethical guidelines.
Clinical Drug Trials in India
Clinical Drug Trials in India
Clinical trials for new drugs are often conducted in India due to lower costs, leading to ethical concerns about the well-being of participants.
Ethical Decision-Making
Ethical Decision-Making
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Moral Justification vs. Action
Moral Justification vs. Action
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Ethical Assessment Criteria
Ethical Assessment Criteria
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Diverse Life Paths
Diverse Life Paths
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Ethical Dilemma Example 1
Ethical Dilemma Example 1
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Ethical Dilemma Example 2
Ethical Dilemma Example 2
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Ethical Dilemma Example 3
Ethical Dilemma Example 3
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Study Notes
Wozu soll Gutsein gut sein?
- "Values" are not a commodity in the German job market.
- Companies encourage "values" to create a positive work environment, but this can have negative effects on employees.
- Testing new medications on vulnerable populations is cheaper in India.
- Clinically testing medications on vulnerable patients in India is significantly less expensive than in other countries, and has resulted in deaths of 49 children.
- Poor and uneducated families are often selected as test subjects, due to high vulnerability and desperation.
Moral Markets
- Many companies now promote ethical codes of conduct for their employees.
- These codes often emphasize values like respect for others, tolerance, transparency, and integrity.
- These codes are considered part of a company culture and are expected of employees.
- Ethical "codes" are not universally embraced by everyone.
- Ethical business practices are not always followed.
India Tests Cheaper
- India is an attractive market for pharmaceutical clinical trials due to its lower cost.
- The cost-effectiveness of these clinical trials is significantly lower in India (as much as 60% less) than in other countries.
- This cost-effectiveness is often exploited, despite ethical concerns.
- A clinical trial, based in India, concluded in the deaths of 49 children, due to testing new medications on a vulnerable population.
A Little Moral Test: What Will You Do?
- Ethical dilemmas are presented to guide discussion on moral decision-making and ethics.
- Examples include returning found money, intervening in an emergency, and choosing to use pirated software.
- Different factors (e.g., feelings, personal morals, and beliefs) can influence decision-making.
- A series of questions encourage critical thought and reflection on ethical concerns.
Decision Aids
- Philosopher Annemarie Pieper offers six valid reasons for moral choices, such as considering the relationship with the other person, feelings for the other person, possible consequences, moral codes relevant to the situation, opinions of respected figures, or personal conscience.
Ethically Evaluate Learning
- Ethics examine whether actions are ethical or not, considering human nature as a benchmark and situational context.
- Understanding human nature and applying relevant laws/rules to particular cases is key.
Actions and Decisions
- Human actions are often complex and involve various factors (e.g., feelings, drives, habits).
- Human actions represent what someone intends to do in a particular situation.
- Actions require decision-making and have consequences.
Actions and Choices
- Humans make choices and have consequences for those choices.
- Moral choices can have an impact on both the individual and others in their life.
- Philosophical studies examine what is good and moral.
Rules and Norms
- Rules and norms reflect societal values and expectations.
- Norms guide actions in specific situations.
- Actions can be categorized as either inherently normative (e.g., traffic laws) or morally right (e.g., avoiding harming others).
- A series of questions about different examples, such as violating rules and norms.
Values
- Values, such as friendship and family, are often prioritized in a culture.
- Values are usually ingrained in the members of the community.
- Values relate to how people live their lives and interact with others.
Moral and Non-moral Values
- Moral values distinguish right from wrong.
- Non-moral values are unrelated to morality.
- Values are often considered desirable, important, or beneficial.
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Description
This quiz explores the intersection of ethical values in business and the controversial practices in medical testing, particularly focusing on vulnerable populations in India. It challenges participants to think critically about corporate values, ethical codes of conduct, and the implications of cost-cutting in health care. Dive into the moral dilemmas surrounding these issues.
