Final Exam Review: Terms Flashcards
In Group Favoritism
You tend to feel the need to cheat if you are around people that cheat
Categorical Imperative
Deontology - Emmanuel Kant
Overvaluing Outcomes
Overlooking unethical behavior even if the outcome is good.
Doing good to do bad
Porter’s Five Forces
Substitutes, Consumers, Suppliers, New Entrants, and New Rivalries (view from a global scale)
Competitive Positioning Analysis
Narrow/Broad
Cost Leadership/Differentiation
Virtue Ethics
Being habitual, bettering yourself
Veil of ignorance
You don’t know who you are tomorrow, so you make the decisions for tomorrow’s you
Social Justice
Most well off use their position to help someone in a lower position by putting yourself in their shoes. [think of lowering price of drugs so more people can benefit]
Slippery Slope
The more you do unethical stuff, the more and more you will do it.
