Exam 3: Philosophical Ethics and Business

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What is the difference between a principle-based framework of ethics and utilitarianism?

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What is a social contract?

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Explain Immanuel Kant's view on the ethical principles of human rights.

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_____ ensure the integrity and proper functioning of the economic, legal, or financial systems.

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What is a moral right?

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The emphasis on producing the greatest good for the greatest number makes _____ a social philosophy that opposes policies that aim to benefit only a small social, economic, or political minority.

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Ethics attempts to answer the question of how we should live, but it does not give reasons to support its answers.

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Principle-based ethics direct us to consider the moral character of individuals and how various character traits can contribute to, or obstruct a happy and meaningful human life.

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The utilitarian tradition relies on _____ for deciding on the ethical legitimacy of alternative decisions.

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Legal rules, organizational rules, role-based rules, and professional rules, all form a part of a ____, which functions to organize and ease relations between individuals.

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The _____ version of utilitarianism would by sympathetic with government regulation of business on the grounds that such regulation will ensure that business activities do contribute to the overall good.

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Which ethical framework goes against the ethical principle of obeying certain duties or responsibilities, no matter the end result?

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Which of the following focuses on the concept of business practices and what type of people these practices are creating?

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The "market" version of utilitarianism argues that questions of safety and risk should be determined by experts who establish standards that the business is required to meet.

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Which of the following ethical approaches binds us to act or decide in certain ways?

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Utilitarians would object to child labor as a matter of principle.

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How is the concept of moral right central to the principle-based ethical tradition?

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People endorsing child labor by justifying that it brings in foreign investment within poor countries are ____.

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A philosophical and reasoned ethics must provide justifications for why a human being should act and decide in a particular prescribed way.

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The essence of utilitarianism is its:

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