business ethics

Question 1

Ford pinto case

Answer 1

1970

Question 2

Milton Freidman

Question 3

globalisation

Answer 3

integration of word markets industries and cultures, allows businesses to be larger, corrupting markets and violating CSR

Question 4

Frances Haugen

Answer 4

whistleblower, leaked documents that detailed ‘we make body issues worse for 1 in 3 teen girls’

Question 5

corporate social responsibility

Answer 5

a business has responsibility towards the community and environment

Question 6

whistleblowing

Answer 6

employee discloses wrongdoing to the employer or public

Question 7

profit motive

Answer 7

receiving more profit than is spent, cheap labour

Question 8

Utilitarianism

Answer 8

economic prosperity benefits society, happiness is maximised with the use of free markets

Question 9

Kant

Answer 9

capitalism, contracts, whistleblowing is a moral duty as lying cannot be universalized treating people as means immoral
clash between profit incentives and duty

Question 10

hypothetical window dressing

Answer 10

companies who engage in CSR for public relations, utilitarianism would support

Question 11

business ethics

Answer 11

examines how businesses and organisations act looking at whether decisions are ethical

Question 12

Nike case study

Answer 12

payed workers 20 cents an hour in vietnam and abused female workers
spend more on research