Chapter 2

Question 1

Egosism

Answer 1

If it helps you, it is good and ethical

Question 2

Relativism

Answer 2

Decision depends on circumstances, places, people, and culture affected by those decisions and practices

Question 3

Utilitarianism

Answer 3

Produces greatest good for the greatest number of people

socialism

Question 4

Rights Based

Answer 4

important to do the right thing, no matter the end result

Question 5

Libertarianism

Answer 5

free market, does things for individual liberty and freedom

Question 6

Kants Categorical Imperative

Answer 6

You shouldn’t do something unless you are willing to have everyone else do it to you

Question 7

Kantian Invasion

Answer 7

Make a truthful statement that is misleading instead of lying

Question 8

Virtue ethics and justice

Answer 8

• know what is right and wrong
• adult of good moral character making good decisions
• promotes education and virtues
• justice-what is fair

Question 9

FCPA

Answer 9

American companies doing business internationally have to abide by US law when conducting business

Question 10

Moral universalism

Answer 10

some acts are always right, some are always wrong

Question 11

Moral relativism

Answer 11

A decision may be right, even if it is not in keeping with our own ethical standards that could come from culture or individual beliefs about what is right and wrong