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reason to study business ethics correct answers Ethical concerns are as unavoidable in business as are concerns of marketing, accounting, finance, and human resources. Formal study of business ethics helps address these concerns so that businesses can integrate ethics in their decision-making. are ethics and ethos the same thing correct answers no legitimate challenges to utilitarian ethical theory (theres 4) correct answers There is no consensus among utilitarians on how to measure and determine the overall good. It is difficult to know how to consider the consequences for all the parties that will be affected by an act. It is difficult for the utilitarian to find a balance between individual freedom and the overall good. The more utilitarians emphasize freedom, the more likely they hold more relativistic accounts of the good. The development of habits that will lead one to live a meaningful and happy life are known as: correct answers virtue ethics Principle-based ethics (aka deontological ethics) do or do not allow the sacrifice of individual rights if the overall good demanded it.? Individuals have rights that shouldd or should not be sacrificed even to increase collective good? correct answers do not; should not t/f: Virtue ethics is prescriptive in offering advice on how we should live our lives. correct answers true ____________ is a challenge to Milton and Freedman's. correct answers Stakeholder theory cannot answer the question as to how, exactly, a manager should go about balancing the diverse and competing claims of all parties Milton Friedman recognized that there are limits to _________ correct answers a company's pursuit of profits. Norman Bowie claims that one of the moral obligations of a firm is to provide _________ for employees, however, since _________ can be defined as nothing more than what employees say it is, what constitutes _____________ is a subjective and individualistic definition of work. We cannot identify what is ____________ correct answers meaningful work; The following are challenges to the economic model of corporate social responsibility: correct answers Business's only responsibility is to maximize profit within the law, and in so doing, fulfills its role within a market system which, in turn, serves the greater overall social good. The "costs" of pollution are typically borne by parties external to the economic exchange, so free market exchanges cannot guarantee optimal results.
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reason to study business ethics
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