Ethics Final Exam

Front 1

Why is ethics important for Business? (Soloman)

Back 1

Ethics is important for Business because people get fired over ethical errors moreso than anything else

Front 2

Explain how increaing organization (bureaucracy) leads to the dilution of morality or responsibility? (Struder, Lubam & Wasserman)

Back 2

.Within an organization, information may be so fragmented that an individual may not know what's going on within the company. The individual doesn't know what options are available.

Front 3

From the Buddhist point of view, why would the Buddhist view of work be superior to our traditional western view? (Schumacher)

Back 3

.Because Buddhism looks for permanence in it's actions and allows for personal development and growth as opposed to being a slave to whomever is working. it also works on a better pattern. There is more interest in liberation. Try to create a high degree of human satisfaction.

Front 4

Discuss the 2 essential elements of business. (Camenisch)

Back 4

profit and the provision of goods and services.

Front 5

State the 5 reasons for employee participation. (McCall)

Back 5

1. impartial promotion of human welfare
2. any moral theory must recognize the inherent value and dignity of the individual.
3. workers who believe themselves powerless will lose the important psychological good of self-respect
4. not as much repetition to save the mental health and well-being of the worker
5. it's dangerous to the democratic political structures to not let the workers participate in corporate decisions

Front 6

Explain what is meant by the Biocentric position as distinguished from the homocentric perspective. (Hoffman)

Back 6

It means to approach ethics situations within business with regards to the environment rather than to other people. Environmental crisis, social problems on an environmental scale, and decisions should be made with protecting the environment in mind.