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11 Cards in this Set
- Front
- Back
Moral Philosophy
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specific principles or rules that people use to decide what is right or wrong
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Adam Smith
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Father of free market capitalism
Developed the idea of the invisible hand |
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Milton Friedman
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Markets will punish/reward ethical behavior
No need for government regulation Currently dominant form of captialism |
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Value Orientation
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economic
Idealism realism |
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Kohlberg's Theory
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1. Shows the people can change or improve their moral development
2. Supports management's development of employee's moral principles |
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Condensed Theory 1
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Concerned with immediate needs with rewards and punishments
- punishment and obedience - individual instrumental purpose and exchange |
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Condensed Theory 2
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Concerned with the right as expected by larger society or some significant reference group
- mutual interpersonal expectations, relationships and conformity - Social System and conscience maintenance |
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Condensed Theory 3
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Sees beyond norms, laws, and authority of groups or individuals
- Prior rights, social contract or utility - Universal ethical principles |
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White Collar Crime Reasons
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Patterns of activities associated with corp culture become institutionalized
Peer influence from acquaintances WCCs increase after recessions |
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WCC 4 reasons
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1 - Spread too thin
2 - Financial Pressues 3 - Influenced by co-workers or supervisors 4 - Pressure to perform |
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WCC - justifications
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1. Denial of Responsibility
2. Denial of injury 3. Appeal to a higher authority 4. Everyone else is doing it 5. Entitlement |