AC 534 -FINAL EXAM RATED AND DEFINED A+

AC 534 -FINAL EXAM RATED AND DEFINED A+ What is ethics? - - an integrated system of moral principles that guide behavior within a specific context Are ethics the same thing as morals? - - NO; - morals are basic principles of right and wrong - morals are highly simplistic but are building blocks situationally ethical - - looking at what is necessary situation to situation - changes depending on circumstances - almost ALL people are situationally ethical Are ethics the same thing as character? - - NO; - but, there is a circular relationship - the things you do and don't do effect your character 5 Minds for the Future (Fryer & Gardner) - 1) Disciplined mind 2) Synthesizing mind 3) Creating mind 4) Respectful mind 5) Ethical mind Why is it important to recognize the difference between the respectful and ethical minds? - - respect is drilled into us as we grow up & is surface level - ethics are the "why" of who we are - ethical mind requires deeper though & reasoning Which mindset do whistleblowers have? - - the ethical mindset - step back from concerns of losing job etc. and considers the community in a larger way - act ethically even though it may cost him his reputation What is the difference between business people and professionals? - - professionals have structure (licensing, training, standards, etc.) 2 Types of Ethics - 1) Compliance based - know the rules 2) Virtue based - gets back to character & Gough -- it comes from within Michael Thompson - - the golfer that said his ball moved when no one else noticed nursing example - - the RN didn't give CPR to a dying patient because it was against company policy AICPA rules of conduct - - compliance based ethics - risk of loophole mentality; overweight compliance with ethicality