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Understanding Ethics and Moral Dilemmas

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Questions and Answers

What is one of the Business Dilemmas faced by Jones mentioned in the text?

Going back on the contract vs tailors losing jobs

Ensuring job opportunities for children vs business competition

Higher price for shirts vs better working conditions

Lower price for shirts vs poor working conditions (correct)

When considering the Business Dilemmas of Jones, what could be a consequence of canceling a contract?

Tailors losing jobs (correct)

Increased job opportunities for children

Enhanced competition for the company

Ease of conscience

Is 'Business Ethics' an oxymoron according to the text?

It is irrelevant

It depends on the business sector

No, it is not an oxymoron (correct)

Yes, it is an oxymoron

What is one of the questions raised regarding ethics in business based on the text?

The role of culture in determining ethics Signup and view all the answers

In the context of Jones' business dilemmas, why might competitors take advantage of her stance?

To force Jones out of the market Signup and view all the answers

What is the origin of the word 'ethics'?

Derived from the Greek word 'ethos' Signup and view all the answers

What do judgements of moral right and wrong in ethics typically involve?

Impartial considerations Signup and view all the answers

How does ethics convert values into action?

By guiding decision making based on moral standards and values Signup and view all the answers

What is the significance of 'global values map' in understanding ethics?

It identifies norms that align with hypernorms Signup and view all the answers

What are some reasons to be concerned with ethics in an organization?

Considering the law, financial risks, reputation, and employee factors Signup and view all the answers

What type of norms are inconsistent with at least some other legitimate norms existing in other countries?

'Illegitimate norms' Signup and view all the answers