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2ND SEM MIDTERMS > ETHICS MIDTERM REVIEWER > Flashcards

ETHICS MIDTERM REVIEWER Flashcards

1
Q

defines how people choose to interact with one another

A

ethics

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2
Q

greek word meaning character

A

ethos or ethikos

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3
Q

latin word meaning customs

A

mores

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4
Q

defined as what is good for the individual and for society

A

ethics in philosophy

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5
Q

the practice of what is morally and ethically right in the conduct of business or doing what is right in transactions

A

business ethics

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6
Q

personal, binded by religion

A

moral

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7
Q

binded by laws and customs

A

ethical

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8
Q

level of business ethics: citizens, personal values, can be changed by corporate law

A

individual

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9
Q

level of business ethics: corporate law, values in the company, interpretation of the macro values, cannot be changed by individual law

A

corporate

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10
Q

level of business ethics: whole society, individuals and companies, involves philippine law

A

macro

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11
Q

Core principles of business ethics: transparency

A

honesty

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12
Q

Core principles of business ethics: doing right even when no one is watching, consistency, earned trust of its state

A

integrity

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13
Q

Core principles of business ethics: fulfill commitments even when it is hard

A

keeping promises

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14
Q

Core principles of business ethics: not putting their self-interests above anything that will jeopradize the company’s position

A

loyalty

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15
Q

Core principles of business ethics: exercise of compassion and sincerity

A

caring

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16
Q

Core principles of business ethics: obeying the rules

A

obeying the law

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17
Q

Core principles of business ethics: strive to achieve excellence and deliver the highest quality products

A

excellence

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18
Q

Core principles of business ethics: leadership by example

A

being a leader

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19
Q

Core principles of business ethics: act ethically to enhance the company’s image

A

morale

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20
Q

Core principles of business ethics: being responsible for one’s actions

A

accountable

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21
Q

components of code of ethics: an organization’s internal conduct and its relationships

A

value

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22
Q

components of code of ethics: supporting the values of the organization

A

principles

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23
Q

components of code of ethics: members that implements principles and values

A

management support

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24
Q

components of code of ethics: everyone is obliged to perform

A

personal responsibility

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25
Q

components of code of ethics: section of the consequences when you don’t follow

A

compliance

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26
Q

activity to give back to the community

A

corporate social responsibility

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27
Q

man must achieve a good, prosperous life called ___

A

eudaimonia

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28
Q

responsibility is to be morally upright

A

socrates

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29
Q

keep people motivated

A

aristotle

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30
Q

be a good example

A

plutarch

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31
Q

have a resilient mind

A

epictetus

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32
Q

act what you learn

A

rufus

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33
Q

be happy

A

epicurus

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34
Q

we are responsible for what we do and do not know, and we are responsible for our own happiness, encourages sincerity, humility, and courage

A

socrates

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35
Q

giving the students questions rather than answers

A

socratic method

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36
Q

is based on logic and reasoning

A

aristotle

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37
Q

at base a discourse between two or more people holding different points

A

dialectic

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38
Q

comes from the greek word arête meaning excellence, focuses less on following rules, more on the development of good traits

39
Q

advocates courage, wisdom, temperence, and justice

40
Q

aristotle came up with the first description of virtue ethics, when people have good character, they can also control and manage their emotions

A

nichomachean ethics

41
Q

based on ethics, which looks at the moral character of the person carrying out a particular action

42
Q

to recognize the actual condition of an event at site; worthwhile to go to the actual place

43
Q

stated that defense on property as a natural right

A

john locke

44
Q

whatever employees believe they contribute to the company should be commensurate to their incentive

A

john rawl’s difference principle

45
Q

said that there should be equality in the society

A

adam smith

46
Q

said that fairness should be equal to distributive justice

A

john stuart milt, immanuel kant, and G.W.F. hegel

47
Q

abraham maslow’s hierarchy of needs: basic needs like food, water, shelter, warmth, rest

A

physiological

48
Q

abraham maslow’s hierarchy of needs: basic needs like security and safety

49
Q

abraham maslow’s hierarchy of needs: psychological, friends and relationships

A

belongingness and love

50
Q

abraham maslow’s hierarchy of needs: psychological, prestige and accomplishment

51
Q

abraham maslow’s hierarchy of needs: self fulfillment needs, achieving full potential, creative activities

A

self actualization

52
Q

said that ethical standards must be followed in organizations

A

ferrel and fraedrich 1990

53
Q

emphasized co-employees and peers are most influential in decisions

A

ferrel and gresham, trevino, jones

54
Q

ethics is based on characteristics like religion strengthens character

A

hunt and vitell 1980

55
Q

ethics and law are not the same

A

frank chapman sharp and phillip D. fox 1937

56
Q

judaism 11 core values: consistency in words

57
Q

judaism 11 core values: keeping ones words

58
Q

judaism 11 core values: trusting relationship

59
Q

judaism 11 core values: refraining from being judgemental and being charitable

60
Q

judaism 11 core values: being kind

61
Q

judaism 11 core values: respecting life

A

respect for human dignity

62
Q

judaism 11 core values: good citizenship

A

respect for law

63
Q

judaism 11 core values: setting example

A

taking responsibility

64
Q

judaism 11 core values: contribute to make the world a better place, the state of not being oppressed

A

tikkun olam

65
Q

values are based on Christian scriptures, model is Jesus

A

Christianity

66
Q

a major religion in asia, india, and nepal

67
Q

an act that may result in happiness or misfortune

68
Q

the ethics of hindus for practical, focuses on how work is done, not what work is done

69
Q

represents life in hindusim

70
Q

practice to promote health and relaxation

71
Q

is the budda or enlightened one, nor a god but a person they want to be like

A

siddhartha gautama

72
Q

gives importance to the environment and animals, detach from worldly possessions, comes from hinduism

73
Q

wheel of life, representation of cycle of birth, death and rebirth

A

bhavacakra

74
Q

allah is God, book is Qur’an, ethics is freedom, responsibility, and honesty

75
Q

chinese and korean religion,

A

confucianism

76
Q

is the one who started confucianism, achieves harmony, values interdependence, interpersonal relationships, common good, and stability

A

confucius or master kong

77
Q

promotes inner peace in an individual and harmony w surroundings, based in taiwan

78
Q

taoism is based on the ___ by lao tzu

A

tao te chiing or book of the way and virtue

79
Q

tenets of taoism:
tao -
we wei -
yin and yang -

A

universal law of nature
letting go
dualism or interconnecting

80
Q

based in japan, pray to kami which is nature, inspired by confuciansim, encourages group effort, which recognizes individuals in a group

81
Q

unethical business practices: accounting books can be manipulated

A

accounting manipulations

82
Q

unethical business practices: some services are guilty of charging more than the actual price for the services given

A

overbilling

83
Q

unethical business practices: some advertisements mislead customers making promises which the product cannot really deliver

A

misleading advertisments

84
Q

unethical business practices: some managers tend to take credit for something like charity works which they actually are not a part of

A

making false claims

85
Q

unethical business practices: poor customer service

A

customer service failures

86
Q

unethical business practices: they are just giving higher salaries to their executives

A

layoff and high executive compensation

87
Q

unethical business practices: poor products may be the result of low-quality raw materials used to lower the total cost of production

A

poor quality materials

88
Q

good policies and ethical practices in business organizations: register with DTI (sole proprietor) or SEC (partnerships and corporations)

A

business organizations should comply with reportorial requirements as mandated by government agencies for ethical practices

89
Q

good policies and ethical practices in business organizations: employees must observe good manners such as ensuring that conversations are not too loud, etc.

A

practice proper office decorum

90
Q

good policies and ethical practices in business organizations: management should maintain cleanliness in the workplace at all times

A

be sensitive to smells and scents which may be pleasant to the employees

91
Q

good policies and ethical practices in business organizations: the responsibility to safeguard company property against loss, theft, and misuse

A

company property assets are for business purposes only and not for personal use

92
Q

good policies and ethical practices in business organizations: the use of email, internet, telephone, and other fomrs of communication helps employees with their duties

A

employees should use communication infrastructure properly and appropriately

93
Q

good policies and ethical practices in business organizations: they shold avoid conflicts, and any personal gain should not interfere with company interest. employees should exercise care in discussing information in public.

A

employees should always act in the best interest of their employer

94
Q

good policies and ethical practices in business organizations: project the credibility and integrity of the company

A

all financial accounting records should be accurate, reliable and truthful.

2ND SEM MIDTERMS (6 decks)

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