BULE 303 Final Exam questions well
answered graded A+
Ethics - correct answer ✔✔Moral principles and values applied to social behavior
Business Ethics - correct answer ✔✔what constitutes right or wrong behavior and the
application of moral principles in a business context
Triple Bottom Line - correct answer ✔✔Focuses on a corporation's profits, its impact on people,
and its impact on the planet
Ethical Reasoning - correct answer ✔✔A reasoning process in which an individual links his or
her moral convictions or ethical standard to the particular situation at hand
Duty-based Ethics - correct answer ✔✔An ethical philosophy rooted in the idea that every
person has certain duties to others, including both humans and the planet. those duties may be
derived from religious principles or from other philosophical reasoning.
Outcome-based Ethics - correct answer ✔✔An ethical philosophy that focuses on the impacts of
a decision on society or on key stakeholders.
Principle of Rights - correct answer ✔✔The belief that human being have certain fundamental
rights. Whether an action or decision is ethical depends on how it affects the rights of various
groups, such as owners, employees, consumers, suppliers, the community, and society
Categorical Imperative - correct answer ✔✔An ethical guideline developed by Immanuel Kant
under which an action is evaluated in terms of what would happen if everybody else in the
same situation, or category, acted the same way.
, Utilitarianism - correct answer ✔✔An approach to ethical reasoning in which an action is
evaluated in terms of its consequences for those whom it will affect. A "good" action is one that
results in the greater good for the greater number of people.
Cost-Benefit Analysis - correct answer ✔✔A decision-making technique that involves weighing
the costs of a given action against the benefits of that action (opportunity cost)
Corporate Social Responsibility (CSR) - correct answer ✔✔The idea that corporations can and
should act ethically and be accountable to society for their actions.
Stakeholders - correct answer ✔✔Groups, other than the company's shareholders, that are
affected by corporate decisions. Stakeholders include employees, customers, creditors,
suppliers, and the community in which the corporation operates.
Crime - correct answer ✔✔A wrong against society proclaimed in a statute and, if committed,
punishable by society through fines, imprisonment, or death
Beyond a Reasonable Doubt - correct answer ✔✔the standard of proof used in criminal cases
Actus Reus - correct answer ✔✔Guilty Act
Mens Rea - correct answer ✔✔Guilty Mind. The wrongful mental state
Robbery - correct answer ✔✔the act of forcefully and unlawfully taking personal property of
any value from another (violent)
Burglary - correct answer ✔✔The unlawful entry or breaking into a building with the intent to
commit a felony
answered graded A+
Ethics - correct answer ✔✔Moral principles and values applied to social behavior
Business Ethics - correct answer ✔✔what constitutes right or wrong behavior and the
application of moral principles in a business context
Triple Bottom Line - correct answer ✔✔Focuses on a corporation's profits, its impact on people,
and its impact on the planet
Ethical Reasoning - correct answer ✔✔A reasoning process in which an individual links his or
her moral convictions or ethical standard to the particular situation at hand
Duty-based Ethics - correct answer ✔✔An ethical philosophy rooted in the idea that every
person has certain duties to others, including both humans and the planet. those duties may be
derived from religious principles or from other philosophical reasoning.
Outcome-based Ethics - correct answer ✔✔An ethical philosophy that focuses on the impacts of
a decision on society or on key stakeholders.
Principle of Rights - correct answer ✔✔The belief that human being have certain fundamental
rights. Whether an action or decision is ethical depends on how it affects the rights of various
groups, such as owners, employees, consumers, suppliers, the community, and society
Categorical Imperative - correct answer ✔✔An ethical guideline developed by Immanuel Kant
under which an action is evaluated in terms of what would happen if everybody else in the
same situation, or category, acted the same way.
, Utilitarianism - correct answer ✔✔An approach to ethical reasoning in which an action is
evaluated in terms of its consequences for those whom it will affect. A "good" action is one that
results in the greater good for the greater number of people.
Cost-Benefit Analysis - correct answer ✔✔A decision-making technique that involves weighing
the costs of a given action against the benefits of that action (opportunity cost)
Corporate Social Responsibility (CSR) - correct answer ✔✔The idea that corporations can and
should act ethically and be accountable to society for their actions.
Stakeholders - correct answer ✔✔Groups, other than the company's shareholders, that are
affected by corporate decisions. Stakeholders include employees, customers, creditors,
suppliers, and the community in which the corporation operates.
Crime - correct answer ✔✔A wrong against society proclaimed in a statute and, if committed,
punishable by society through fines, imprisonment, or death
Beyond a Reasonable Doubt - correct answer ✔✔the standard of proof used in criminal cases
Actus Reus - correct answer ✔✔Guilty Act
Mens Rea - correct answer ✔✔Guilty Mind. The wrongful mental state
Robbery - correct answer ✔✔the act of forcefully and unlawfully taking personal property of
any value from another (violent)
Burglary - correct answer ✔✔The unlawful entry or breaking into a building with the intent to
commit a felony
