Exam 2: The Role of Ethics in Decision Making

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Of the two main systems of ethics, which do you think is better for a corporate philosophy? Compare the two giving examples of each and potential problems.

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The social contract theory acknowledges that there are significant social and economic inequalities, but these inequalities should exist solely based upon what a person does, not on who a person is.

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The legal requirement of honoring confidentiality contains both formalist and consequentialist ethical values.

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