21
Wed, Nov
0 New Articles

Business Ethics 2016 - Instructor Manual and Test Bank (3) Ethical Theories

Business Ethics 2016

BUSINESS ETHICS 2016

Case study guides and test bank and answer keys (2016)

Ethics and the Conduct of Business, 8th Edition, 2016, John R Boatright, Jeffery D. Smith

 

Chapter 3
Ethical Theories
CHAPTER SUMMARY
This chapter presents the main concepts and theories of ethics developed over centuries
by major moral philosophers. The value of any theory for business ethics is its usefulness
in evaluating business practices, institutional arrangements, and economic systems.
Teleological theory examines the outcome stemming from a decision or behavior. Deontological
theory is more concerned with the actual decision or behavior but not with the consequence
stemming from the decision or behavior. In general, all of these theories justify most
prevailing business practices, the institution of the modern corporation, and capitalism or
the market system, but they also provide the basis for some criticism and improvement.
In the subsequent chapters, this theoretical foundation is used to explore a wide range of
practical business ethics topics.
CHAPTER OBJECTIVES
3.1: Describe the four theses of classical utilitarianism, the utilitarian approach to
decision making, and the main criticisms of the cost-benefit analysis method
3.2: Summarize the two intuitive principles of Kantian ethics and their implications for
moral reasoning
3.3: Define virtue and explain how virtues and principles of virtue ethics are relevant to
business
3.4: Identify the meaning and importance of rights and the types of rights that apply in
different situations
3.5: Explain the role of justice in business ethics, the three kinds of justice outlined by
Aristotle, and the contemporary principles of justice offered by Rawls and Nozick
SUGGESTED DISCUSSION PROMPTS
1. What would an act utilitarian and a rule utilitarian say differently when evaluating the
same case?
2. What specific problem is posed to utilitarianism by its economic application?
3. What is the major contrast between utilitarianism and Kantian ethics?
4. What are the attractive features of virtue theory? What are its limitations in
application to business?
5. In what ways is the rights and justice perspective a fitting ethical theory for business
ethics?
14

 

ASSESSMENT FOR IN-CLASS USE
Multiple Choice Questions
Choose the BEST possible answer for each of the following.
1. What does the P&G case show about the applicability of ethics to business?
A. When a company makes unethical decisions, it is usually breaking the law.
B. Ethics in business applies differently from how it does in the rest of the world.
C. A company’s behavior many be unethical even if no harm is done.
D. A company’s ethical decisions should always affect its bottom line.
Correct Answer: C
3.1: Describe the four theses of classical utilitarianism, the utilitarian approach to
decision making, and the main criticisms of the cost-benefit analysis method
Topic/Concept: Utilitarianism
Difficulty Level: Easy
Skill Level: Understanding
2. Teleological theories of ethics locate goodness in _____.
A. the outcome of actions
B. the intentions of the agent
C. the obligations of people to each other
D. the maximization of economic opportunity
Correct Answer: A
3.1: Describe the four theses of classical utilitarianism, the utilitarian approach to
decision making, and the main criticisms of the cost-benefit analysis method
Topic/Concept: Utilitarianism
Difficulty Level: Easy
Skill Level: Understanding
3. Rule utilitarianism favors rules that _____.
A. always benefit the most people
B. everyone agrees with
C. utilitarians think are good rules
D. would maximize goodness if everyone followed them
Correct Answer: D
3.1: Describe the four theses of classical utilitarianism, the utilitarian approach to
decision making, and the main criticisms of the cost-benefit analysis method.
Topic/Concept: Utilitarianism
Difficulty Level: Easy
Skill Level: Understanding
15

4. What is the most fundamental drawback of having cost-benefit analyses serve as the
basis for ethical decisions in business?
A. Some things do not really have value.
B. A determinate value must be placed on things that have incalculable value.
C. Cost-benefit analyses are time-consuming and require specialized skill.
D. Cost-benefit analyses require a commitment to consequentialism.
Correct Answer: B
3.1: Describe the four theses of classical utilitarianism, the utilitarian approach to
decision making, and the main criticisms of the cost-benefit analysis method
Topic/Concept: Utilitarianism
Difficulty Level: Easy
Skill Level: Understanding
5. A “maxim,” according to Kant’s terminology, is ____.
A. the outcome of an action
B. the reason that one undertakes an action
C. the moral principle that one has in mind
D. that which would make an action moral
Correct Answer: B
3.2: Summarize the two intuitive principles of Kantian ethics and their implications for
moral reasoning
Topic/Concept: Kantian Ethics
Difficulty Level: Easy
Skill Level: Understanding
6. Kant’s rule requiring respect for persons asks that we ________.
A. not use people as means to an end
B. view each person as a moral agent
C. view each person as an end unto himself
D. only use another person if we have sufficient reason for doing so
Correct Answer: C
3.2: Summarize the two intuitive principles of Kantian ethics and their implications for
moral reasoning
Topic/Concept: Kantian Ethics
Difficulty Level: Easy
Skill Level: Understanding
7. Virtue ethics defines a moral action as that which ______.
A. a wise person would do
B. leads to the most virtue overall
C. is done with the most virtuous intentions
16

D. is done according to the proper rules
Correct Answer: A
3.3: Define virtue and explain how virtues and principles of virtue ethics are relevant to
business
Topic/Concept: Virtue Ethics
Difficulty Level: Easy
Skill Level: Understanding
8. A drawback to theorizing about business ethics in terms of rights is that __.
A. not everyone has rights
B. people’s rights may conflict
C. it is hard to draw the line between different types of rights
D. conceptions of rights differ between cultures
Correct Answer: B
3.4: Identify the meaning and importance of rights and the types of rights that apply in
different situations
Topic/Concept: Rights
Difficulty Level: Easy
Skill Level: Understanding
9. The notion of justice is most basically concerned with __________.
A. fairness
B. equality
C. rights
D. economics
Correct Answer: A
3.5: Explain the role of justice in business ethics, the three kinds of justice outlined by
Aristotle, and the contemporary principles of justice offered by Rawls and Nozick
Topic/Concept: Justice
Difficulty Level: Easy
Skill Level: Understanding
Essay Questions
1. In what ways is the need to calculate utility a problem for utilitarianism?
3.1: Describe the four theses of classical utilitarianism, the utilitarian approach to
decision making, and the main criticisms of the cost-benefit analysis method
Topic/Concept: Utilitarianism
Difficulty Level: Moderate
Skill Level: Analysis
17

2. What is Kant’s categorical imperative? Explain its two formulations.
3.2: Summarize the two intuitive principles of Kantian ethics and their implications for
moral reasoning
Topic/Concept: Kantian Ethics
Difficulty Level: Easy
Skill Level: Understanding
3. Describe how rights and justice can be explained in terms of one another.
3.4: Identify the meaning and importance of rights and the types of rights that apply in
different situations
Topic/Concept: Rights
Difficulty Level: Moderate
Skill Level: Analysis
4. What is virtue? Explain how principles of virtue ethics are relevant to business.
3.3: Define virtue and explain how virtues and principles of virtue ethics are relevant to
business
Topic/Concept: Virtue Ethics
Difficulty Level: Easy
Skill Level: Understanding
5. Explain the contemporary justice principles according to Rawls and Nozick.
3.5: Explain the role of justice in business ethics, the three kinds of justice outlined by
Aristotle, and the contemporary principles of justice offered by Rawls and Nozick
Topic/Concept: Justice
Difficulty Level: Easy
Skill Level: Understanding

 

 

 

------

Free Business Ethics Resources

1. See full list of videos: 

Link 1 - Youtube channel www.youtube.com/ecomftu2012

Link 2 - Youtube channel 

2. Free Business Ethics - 2016 Ebooks (free download)

Legal Environment of Business: Online Commerce, Ethics, and Global Issues, 8th Edition, 2016, Henry R. Cheeseman

REVEL for Ethics and the Conduct of Business -- Access Card, 8th Edition, 2016, John R Boatright, Jeffery D. Smith

Business Ethics: Concepts and Cases, 7th Edition, 2012, Manuel G. Velasquez, Santa Clara University

 

3. Link to power point slides (Free Download)

REVEL for Ethics and the Conduct of Business -- Access Card, 8th Edition, 2016, John R Boatright, Jeffery D. Smith

LINK DOWNLOAD FREE PPT - LINK

Legal Environment of Business: Online Commerce, Ethics, and Global Issues, 8th Edition, 2016, Henry R. Cheeseman

LINK DOWNLOAD FREE PPT - LINK

Business Ethics: Concepts and Cases, 7th Edition, 2012, Manuel G. Velasquez, Santa Clara University

4. Test Bank - Free download

Legal Environment of Business: Online Commerce, Ethics, and Global Issues, 8th Edition, 2016, Henry R. Cheeseman

Link - Test bank - free download 

REVEL for Ethics and the Conduct of Business -- Access Card, 8th Edition, 2016, John R Boatright, Jeffery D. Smith

Link - Test bank - free download

 

For Test Bankz, Quiz Answers and Case study Guides, email to: This email address is being protected from spambots. You need JavaScript enabled to view it.

 

Good Luck and Success, Enjoy Your Study !

 

----------

 

 

       

 

Business Ethics 2016, Lecture, Video, Case Study Guides and Quiz, Test Bank, Free Download
------
Ethics and the Conduct of Business, 8th Edition, 2016, John R Boatright, Jeffery D. Smith
Legal Environment of Business: Online Commerce, Ethics, and Global Issues, 8th Edition, 2016, Henry R. Cheeseman
Business Ethics: Concepts and Cases, 7th Edition, 2012, Manuel G. Velasquez, Santa Clara University

------
1. Ethics in the World of Business
2. Ethical Decision Making
3. Ethical Theories
4. Whistle-Blowing
5. Business Information and Conflict of Interest
6. Privacy
7. Discrimination and Affirmative Action
8. Employment Rights
9. Health and Safety
10. Marketing and Advertising
11. Ethics in Finance
12. Corporate Social Responsibility
13. Governance, Accountability, and Compliance
14. International Business Ethics
------
Part I: Legal and Ethical Environment

1. Legal Heritage and the Digital Age
2. Ethics and Social Responsibility of Business
3. Courts, Jurisdiction, and Administrative Law
4. Judicial, Alternative, and E-Dispute Resolution

Part II: Constitution and Public Law
5. Constitutional Law for Business and E-Commerce
6. Torts and Strict Liability
7. Criminal Law and Cyber Crimes
8. Intellectual Property and Cyber Piracy

Part III: Contracts, Commercial Law, and E-Commerce
9. Formation and Requirements of Contracts
10. Performance and Breach of Contracts
11. Digital Law and E-Commerce
12. UCC Sales Contracts, Leases, and Warranties
13. Credit, Secured Transactions, and Bankruptcy

Part IV: Business Organizations, Corporate Governance, and Investor Protection
14. Small Business, General Partnerships, and Limited Partnerships
15. Limited Liability Companies, Limited Liability Partnerships, and Special Forms of Business
16. Corporations and Corporate Governance
17. Investor Protection and E-Securities Transactions

Part V: Agency, Employment, and Labor Law
18. Agency Law
19. Equal Opportunity in Employment
20. Employment Law and Worker Protection
21. Labor Law and Immigration Law

Part VI: Government Regulation
22. Antitrust Law and Unfair Trade Practices
23. Consumer Protection
24. Environmental Protection
25. Real Property and Land Use Regulation

Part VII: Global Environment
26. International and World Trade Law

Part VIII: Accounting Profession
27. Accountants’ Duties and Liability
------
PART ONE Basic Principles

Chapter 1 Ethics and Business
Introduction
1.1 The Nature of Business Ethics
ON THE EDGE: Was National Semiconductor Morally Responsible?
1.2 Ethical Issues in Business
ON THE EDGE: A Traditional Business
1.3 Moral Responsibility and Blame
ON THE EDGE: WorldCom’s Whistleblower
ON THE EDGE: Gun Manufacturers and Responsibility
CASES FOR DISCUSSION
Slavery in the Chocolate Industry
Aaron Beam and the HealthSouth Fraud

Chapter 2 Ethical Principles in Business
Introduction
2.1 Utilitarianism: Weighing Social Costs and Benefits
2.2 Rights and Duties
ON THE EDGE: Should Companies Dump Their Wastes In Poor Countries?
ON THE EDGE: Working for Eli Lilly & Company
ON THE EDGE: Conflict Diamonds
ON THE EDGE: ExxonMobil, Amerada Hess, and Marathon Oil in Equatorial Guinea
CASES FOR DISCUSSION
Traidos Bank and Roche’s Drug Trials in China

PART TWO The Market and Business

Chapter 3 The Business System: Government, Markets, and International Trade
Introduction
3.1 Free Markets and Rights: John Locke
3.2 Free Markets and Utility: Adam Smith
3.3 Free Trade and Utility: David Ricardo
3.4 Marx and Justice: Criticizing Markets and Free Trade
ON THE EDGE: Commodification or How Free Should Free Markets Be?
ON THE EDGE: Marx’s Children
3.5 Conclusion: The Mixed Economy, the New Property, and the End of Marxism
ON THE EDGE: Napster’s Lost Revolution
ON THE EDGE: Brian’s Franchise
CASES FOR DISCUSSION
The GM Bailout Accolade versus Sega

Chapter 4 Ethics in the Marketplace
Introduction
4.1 Perfect Competition
4.2 Monopoly Competition
ON THE EDGE: Drug Company Monopolies and Profits
4.3 Oligopolistic Competition
4.4 Oligopolies and Public Policy
ON THE EDGE: Fixing the Computer Memory Market
ON THE EDGE: Oracle and Peoplesoft
CASES FOR DISCUSSION
Intel’s “Rebates” and Other Ways It “Helped” Customers
Archer Daniels Midland and the Friendly Competitors

PART THREE Business and Its External Exchanges: Ecology and Consumers

Chapter 5 Ethics and the Environment
Introduction
5.1 The Dimensions of Pollution and Resource Depletion
5.2 The Ethics of Pollution Control
5.3 The Ethics of Conserving Depletable Resources
ON THE EDGE: Ford’s Toxic Wastes
ON THE EDGE: The Auto Companies in China
ON THE EDGE: Exporting Poison
CASES FOR DISCUSSION
The Ok Tedi Copper Mine
Gas or Grouse?

Chapter 6 The Ethics of Consumer Production and Marketing
Introduction
6.1 Markets and Consumer Protection
6.2 The Contract View of Business Firm’s Duties to Consumers
6.3 The Due Care Theory
ON THE EDGE: The Tobacco Companies and Product Safety
6.4 The Social Costs View of the Manufacturer’s Duties
ON THE EDGE: Selling Personalized Genetics
6.5 Advertising Ethics
ON THE EDGE: Advertising Death to Kids?
ON THE EDGE: New Balance and the “Made in USA” Label
6.6 Consumer Privacy
CASES FOR DISCUSSION
Becton Dickinson and Needle Sticks
Reducing Debts at Credit Solutions of America

PART FOUR Business and Its Internal Constituencies

Chapter 7 The Ethics of Job Discrimination
Introduction
7.1 Job Discrimination: Its Nature
ON THE EDGE: Helping Patients at Plainfield Healthcare Center
7.2 Discrimination: Its Extent
7.3 DISCRIMINATION: UTILITY, RIGHTS, AND JUSTICE
7.4 Affirmative Action
ON THE EDGE: Driving for Old Dominion
ON THE EDGE: Peter Oiler and Winn-Dixie Stores
CASES FOR DISCUSSION
Should Kroger pay now for what a Ralphs’ Employee did in the Past
Wal-Mart’s Women

Chapter 8 Ethics and the Employee
Introduction
8.1 The Rational Organization
8.2 The Political Organization
8.3 The Caring Organization
ON THE EDGE: HP’s Secrets and Oracle’s New Hire
ON THE EDGE: Insider Trading or: What Are Friends For?
ON THE EDGE: Delivering Pizza
ON THE EDGE: Sergeant Quon’s Text Messages
ON THE EDGE: Employment at Will at Howmet Corporation?
CASES FOR DISCUSSION
Death at Massey Energy Company
Who Should Pay?
------
key words
Ethics,
Ethical Decision Making,
Ethical Theories,
Whistle-Blowing,
Conflict of Interest,
Privacy,
Discrimination, Affirmative Action,
Employment Rights,
Health and Safety,
Ethics in Finance,
Corporate Social Responsibility,
Governance, Accountability, Compliance,
International Business Ethics,

 

For Test Bankz, Quiz Answers and Case study Guides, email to: This email address is being protected from spambots. You need JavaScript enabled to view it.

All Free downloads - LINK

 

Good Luck and Success, Enjoy Your Study !

MBA Simulation Games 2017 - Excel file for Sales Forecast

EXCEL FILE

FOR SALES FORECAST

AND PRODUCTION

CALCULATION

NOW IT IS FREE !

DOWNLOAD HERE

Also

Free Personal Support for

ROUND 1

ROUND 2

Email: 

winmbasim@gmail.com

MBA Simulation Games 2018 - Ebook - All Winning Guides and Tips

THE E-BOOK

IS NOW FREE

ALL WINNING GUIDES AND TIPS

WIN ALL 8 ROUNDS

Update 2018

New Stratetgies

Download here - LINK

And Free Personal Support

for Round 1 and Round 2

Email: 

winmbasim@gmail.com