week 7 and on ethics

Question 1

power –> Weber

Answer 1

Probability that a person in a social relationship can carry out a task on their own will.
traditional authority –> power based on traditions and long established practices. ie monarchy.
Charismatic –> power based on the appeal and characteristics of the leader.
Legitimate –> power derived from legal rules.

Question 2

legitimate power and justice

Answer 2

justice is the virtue of those in a position of power.

Question 3

humane management

Answer 3

Respect –> Labour rights protect against human rights abuse in the supply chain.
Development –> implementing supportive training systems, to motivate.
Care –> Having concern for employee and stakeholder

Question 4

virtue ethics

Answer 4

developed through personal experience and opinions rather than rules and regulations.

Question 5

egoism

Answer 5

self interest is the foundation of moral action. Actions are morally right if they promote the individuals best interests.

Question 6

Hobbes leviathan –> monarchy

Answer 6

humans are violently competitive, to prevent war and chaos it is in an individuals interest to comply with an overseeing power, sovereign.

Question 7

law regulation

Answer 7

laws –> serve as codification into social consensus about what the society regards as right and wrong
regulation –> rules that are issued by government to constrain enable or encourage business behaviours.

Question 8

imperative regulation

Answer 8

government regulation that is backed up by sanctioning methods

Question 9

private regulation

Answer 9

issued by companies, sanctioning methods softer and more indirect.

Question 10

liberalism

Answer 10

political left –> offer society the greatest equal liberty.