Ch 3 Flashcards
People should adhere to their obligations and duties when analyzing an ethical dilemma
Deontology theory
Ethical theory that is founded on the ability to predict the consequences of an action
Utilitarian ethical theory
Ethical theory that compares a current ethical dilemma with examples of similar ethical dilemmas and their outcomes
Casuist Ethical theory
Ethical theory of time and place
Moral Relativism
A law that prohibits US corporations from making illegal payments to public officials of foreign governments to obtain business rights or to enhance their business dealing in that country
Foreign Corrupt Practices Act (FCPA)
The cooperative marketing efforts between a for-profit firm and a nonprofit organization
Cause-related marketing