BUSN-3001 Exam 1 Questions and Answers
100% Verified
Positive impacts of globalization - increases wealth and efficiency in both developed and
developing nations
- creates positive benefits by generating labor market flexibility in developed nations
- helps in advancing developing nations' economies and living standards
Ethics sets standards of good or bad, or right or wrong, in one's conduct.
Ethical behaviour What is right or good in the context of a governing moral code.
Values are broad beliefs about what is appropriate behaviour
Terminal values are preferences about desired end states
Instrumental values are preferences regarding the means to desired ends.
Utilitarian view View in which ethical behaviour delivers the greatest good to the most
people.
Individualism view View in which ethical behaviour advances long-term self-interest.
,Moral rights view View in which ethical behaviour respects and protects fundamental
rights.
Procedural justice is concerned that polices and rules are fairly applied
Distributive justice is concerned that people are treated the same regardless of personal
characteristics
Interactional justice is the degree to which other are treated with dignity and respect
Commutative justice is the degree to which an exchange or a transaction is fair to all
parties.
Cultural relativism Suggests there is no one right way to behave; ethical behaviour is
determined by its cultural context
Universalism Suggest ethical standards apply absolutely across all cultures
Ethical imperialism Is an attempt to impose one's ethical standards on other cultures
Ethical dilemma is a situation that offers potential benefit or gain and is also unethical
, Ethics intensity indicates the degree to which an issue or situation is recognized to pose
important ethical challenges
Ethical framework is a personal rule or strategy for making ethical decisions
Kohlberg's stages of moral development Preconventional, conventional, postconventional
Preconventional level Self-centered behaviour. Avoid harm or punishment; make deals for
personal gain
Conventional level Social-centered behaviour. Act consistently with peers, others; follow
rules, meet obligations
Postconventional Principle-centred Behaviour. Live up to societal expectations; act
according to internal principles.
Rationalizations for unethical behaviour Convincing yourself that a behaviour is not really
illegal, a behaviour is in everyone's best interests, nobody will find out, and the organization will
protect you.
Whistleblower who exposes the misdeeds of others in organizations
Ethics training Seeks to help people understand the ethical aspects of decision-making and
to incorporate high ethical standards into their daily behaviour.
100% Verified
Positive impacts of globalization - increases wealth and efficiency in both developed and
developing nations
- creates positive benefits by generating labor market flexibility in developed nations
- helps in advancing developing nations' economies and living standards
Ethics sets standards of good or bad, or right or wrong, in one's conduct.
Ethical behaviour What is right or good in the context of a governing moral code.
Values are broad beliefs about what is appropriate behaviour
Terminal values are preferences about desired end states
Instrumental values are preferences regarding the means to desired ends.
Utilitarian view View in which ethical behaviour delivers the greatest good to the most
people.
Individualism view View in which ethical behaviour advances long-term self-interest.
,Moral rights view View in which ethical behaviour respects and protects fundamental
rights.
Procedural justice is concerned that polices and rules are fairly applied
Distributive justice is concerned that people are treated the same regardless of personal
characteristics
Interactional justice is the degree to which other are treated with dignity and respect
Commutative justice is the degree to which an exchange or a transaction is fair to all
parties.
Cultural relativism Suggests there is no one right way to behave; ethical behaviour is
determined by its cultural context
Universalism Suggest ethical standards apply absolutely across all cultures
Ethical imperialism Is an attempt to impose one's ethical standards on other cultures
Ethical dilemma is a situation that offers potential benefit or gain and is also unethical
, Ethics intensity indicates the degree to which an issue or situation is recognized to pose
important ethical challenges
Ethical framework is a personal rule or strategy for making ethical decisions
Kohlberg's stages of moral development Preconventional, conventional, postconventional
Preconventional level Self-centered behaviour. Avoid harm or punishment; make deals for
personal gain
Conventional level Social-centered behaviour. Act consistently with peers, others; follow
rules, meet obligations
Postconventional Principle-centred Behaviour. Live up to societal expectations; act
according to internal principles.
Rationalizations for unethical behaviour Convincing yourself that a behaviour is not really
illegal, a behaviour is in everyone's best interests, nobody will find out, and the organization will
protect you.
Whistleblower who exposes the misdeeds of others in organizations
Ethics training Seeks to help people understand the ethical aspects of decision-making and
to incorporate high ethical standards into their daily behaviour.
