MQM 385 Implementation Exam
Questions and Answers 100% Solved
kantian ethics - 🧠 ANSWER ✔✔This framework states that individuals have
responsibilities based on a core set of moral principles that go beyond
those of narrow self-interest, and an action can only be considered moral if
it can be applied in all situations.
utilitarianism - 🧠 ANSWER ✔✔This framework asserts that the moral worth
of an action is determined by its consequences. The moral decision is the
one that leads to the best possible balance of good versus bad
consequences. The commitment, then, is the maximization of good and the
minimization of harm.
, rights theories - 🧠 ANSWER ✔✔This view is that human beings have
fundamental rights and privileges, so for any action to be moral, it must not
violate those rights (in other words, these decisions are absolute). As for
actions that violate rights beyond the fundamental ones, it is up to the
decision-maker (in other words, these decisions are relative). Rights
establish a minimum level of morally acceptable behavior.
friedman doctrine - 🧠 ANSWER ✔✔This framework applies to the
organization rather than to the individual. Milton Friedman's basic position
is that the only social responsibility of business is to increase profits, as
long as the company stays within the law and the rules of the game without
deception or fraud. Therefore, what produces profits is ethical. Firms that
do not produce profits are unethical.
corporate social responsibility - 🧠 ANSWER ✔✔the voluntary actions of a
firm to benefit society beyond requirements of the law and the direct
interests of the firm.
corporate governance - 🧠 ANSWER ✔✔guidelines that organizations put
forth to avoid unethical behavior, or the consequences that it has for such
behavior.
Questions and Answers 100% Solved
kantian ethics - 🧠 ANSWER ✔✔This framework states that individuals have
responsibilities based on a core set of moral principles that go beyond
those of narrow self-interest, and an action can only be considered moral if
it can be applied in all situations.
utilitarianism - 🧠 ANSWER ✔✔This framework asserts that the moral worth
of an action is determined by its consequences. The moral decision is the
one that leads to the best possible balance of good versus bad
consequences. The commitment, then, is the maximization of good and the
minimization of harm.
, rights theories - 🧠 ANSWER ✔✔This view is that human beings have
fundamental rights and privileges, so for any action to be moral, it must not
violate those rights (in other words, these decisions are absolute). As for
actions that violate rights beyond the fundamental ones, it is up to the
decision-maker (in other words, these decisions are relative). Rights
establish a minimum level of morally acceptable behavior.
friedman doctrine - 🧠 ANSWER ✔✔This framework applies to the
organization rather than to the individual. Milton Friedman's basic position
is that the only social responsibility of business is to increase profits, as
long as the company stays within the law and the rules of the game without
deception or fraud. Therefore, what produces profits is ethical. Firms that
do not produce profits are unethical.
corporate social responsibility - 🧠 ANSWER ✔✔the voluntary actions of a
firm to benefit society beyond requirements of the law and the direct
interests of the firm.
corporate governance - 🧠 ANSWER ✔✔guidelines that organizations put
forth to avoid unethical behavior, or the consequences that it has for such
behavior.
