Business Ethics

Question 1

Define Ethics

Answer 1

Moral principles that govern a person’s behaviour or the conducting of an activity

Question 2

Define Morals

Answer 2

Standards of behaviour; principles of right and wrong

Question 3

What is Corporate Social Responsibility (CSR)

Answer 3

A business considers the impact that its decisions have on us as citizens, it also considers what responsibilities they have towards society as stakeholders

Question 4

What is Corporate Social Responsibility (CSR) incompatible with

Answer 4

CSR principles are incompatible with profit maximisation objectives

Question 5

Name two ethical businesses

Answer 5

Patagonia & H&M

Question 6

Name three ethical businesses

Answer 6

Amazon, Coca Cola & Nestle

Question 7

What did Solomon say about good values and success

Answer 7

There is no contradiction between exhibiting good values and being successful

Question 8

What did John Donne say about CSR

Answer 8

‘No man is an island’

Question 9

What does ‘no man is an island’ mean

Answer 9

You always have an impact

Question 10

Would Aristotle support good business ethics

Answer 10

Aristotle always insisted on communal aspects of ethics and would support good business ethics

Question 11

Define Polis

Answer 11

Our community is our place of work

Question 12

Define Stakeholder

Answer 12

Individuals or groups affected by the activities of an organisation

Question 13

What are the Seven Principles for Good Business

Answer 13

Human Dignity, Common Good, Solidarity, Subsidiarity, Fraternity, Reciprocity, Sustainability

Question 14

What link does Utilitarianism have to Business Ethics

Answer 14

It looks at consequences

Question 15

What is unethical about Utilitarianism links to Business Ethics

Answer 15

It wouldn’t allow something like an oil spill to occur but could justify illegal actions if the end result is good

Question 16

Would Utilitarianism support the Free Market

Answer 16

Supports the Free Market

Question 17

What is a Free Market

Answer 17

Price of items is determined by supply and demand

Question 18

What does Kantian Ethics say about duty in relation to Business Ethics

Answer 18

‘Duty for duty’s sake’

Question 19

What Kantian Ethics example links to Business Ethics

Answer 19

The shopkeeper example

Question 20

Would Kantian Ethics support good business ethics

Answer 20

It would support good business ethics

Question 21

What does Kantian Ethics say about a business’ duty

Answer 21

It’s a businesses duty to be ethical as it’s the right thing to do

Question 22

Would Kantian Ethics support the Categorical Imperatives

Answer 22

It goes against the Second Categorical Imperative

Question 23

What does The First Categorical Imperative state about universalism

Answer 23

The First Categorical Imperative states that the use of universalism would have to treat their workers the same

Question 24

Which philosopher would support Kantian Ethics

Answer 24

Temple

Question 25

What does Aristotle believe about society

Answer 25

Aristotle believes that bonds hold society together

Question 26

Would Kant oppose slavery and why

Answer 26

Kant is opposed to slavery as it restricts a person's autonomy

Question 27

Does Kantian Ethics look at outcomes

Answer 27

Kantian ethics doesn't look at outcomes

Question 28

Define Whistleblowing

Answer 28

Reporting misconduct by a superior or co-worker

Question 29

What does Kant believe about whistleblowing

Answer 29

Kant believes that we should always whistleblow no matter the consequences

Question 30

What does Whistleblowing believe about whistleblowing

Answer 30

Utilitarianism believes that whistleblowing is only justified in certain circumstances

Question 31

Give two whistleblowing examples

Answer 31

Chernobyl & the Me Too Movement

Question 32

What does Kant state about loyalty

Answer 32

Kant states that we must do our duty and our duty includes loyalty

Question 33

What does Kant state about 'bad duties'

Answer 33

Kant states that you cannot have a bad duty (it is not your duty to do something wrong)

Question 34

What does the Hebrew Bible say about being a long term ethically good business

Answer 34

Being an ethically good business pays off in the long run

Question 35

What does the Bible enforce in relation to good Business Ethics

Answer 35

The Bible has numerous laws describing what farmers must do to help the poor. For instance, the corners of the field were not harvested by the owner but were left for the poor. Individual stalks that fell from the sickle during the harvest were also left for the poor