MGT 340 Final Exam Graded A+
Mill through this quote asserts that government should not interfere with personal
liberty, even if it is to protect the person from themselves
-The quote is from John Stuart Mill's book, "On Liberty"
3 Approaches to Justice: - ANSWER--Way to define justice would be utilitarianism,
maximize welfare or the collective happiness of society as a whole
-Connects justice to freedom, libertarianism, distribution of wealth and income is
whatever distribution arises from the free exchange of goods and services.
-Justice means giving people what they morally deserve-- allocating goods to reward
and promote virtue. Aristotle, virtue based approach, connects justice to reflection about
the good life.
Kant Rejects approach one and three. He goes for approach two. Pain and pleasure are
not our sovereign masters, we are all rational beings and capable of reason.
3 Main Libertarian Arguments: - ANSWER--No moral laws
-No paternalistic laws (no big brother saying you can't do that), an ex of paternalistic law
would be the seatbelt law.
-No redistribution of income from rich to poor
3 Things Mill Says- - ANSWER--Majority is not always in the right, listen to the minority
bc it might be valuable
-We need to challenge our beliefs, ask why and not just follow blindly and avoid having
set in stone ideologies
-Societies told what to believe are not creative, they conform
5 Objections to Libertarianism (Michael Jordan example): - ANSWER--Taxation is not
as bad as forced labor
-The poor need the money more (stealing from the rich to give it to the poor is still
stealing, it should be given by the rich through their own free choice).
-Michael Jordan doesn't play alone. He therefore owes a debt to those who contribute to
his success.
-Jordan is not really being taxed without his consent. -As a citizen of a democracy, he
has a voice in making the tax laws to which he is subject.
,-Jordan is lucky
A 5 star municipal golf course wants to allocate a fixed number of available tee times on
a very popular holiday weekend on a "first-come-first-served" basis. What would
Aristotle say about the justice of this approach? - ANSWER-The golf course is wrong to
allocate tee times this way. It should award tee times to those with the lowest
handicaps, the best golfers should get the tee times.
A Defense of Utilitarianism--John Stuart Mill - ANSWER-British Philosopher and political
economist
1806-1873
Looks at the bigger picture, the long run
A young and new internet marketing manager at eBay, named Robert Chatwani,
dreamed up a new social innovation that was very much in alignment with his boss and
eBay's CEO Pierre Omidyar. What was that social innovation? - ANSWER-Chatwani
created an online platform where people could buy products from artisans from around
the world. These goods were certified by Trust Providers ensuring the consumers the
goods produces and sold was good for the environment, good for the people who made
it, or both. This was called the World of Good. The platform was eventually rolled
directly into eBay
According to Kant, an action is moral when: - ANSWER-the intention of the action is
good, doing the right thing for the right reason.
According to the Sandel book, at the heart of Aristotle's Theory of Justice are two
central ideas. What are those two ideas? - ANSWER--We must define the essential
nature or purpose of the practice in question.
-We must agree about what virtues we are trying to honor and reward
Argument over Callie the Cheerleader example: - ANSWER--Justice is teleological.
Defining rights requires us to figure out telos (purpose, end, or essential nature) of
social practice in question.
-Justice is honorific. To reason about the telos of a practice, or to argue about it, is at
least in part to reason or argue about what virtues it should honor and reward.
Aristotle would have supported a university's affirmative action program of accepting a
multi-cultural group of less qualified students over more qualified students if: -
ANSWER-the core purpose of a University was to create a diverse society
, Assisted suicide is illegal in most states. Libertarians disagree. Why do they disagree? -
ANSWER-We have full control of our bodies, there are no exceptions.
Assume that more people prefer to watch dogfights than going to view Rembrandt
paintings at a museum. If that is true, which of the following two statements would be
correct? - ANSWER-Bentham would recommend that society should subsidize dogfight
arenas and not public museums.
Mill would claim that the higher pleasure of viewing Rembrandt paintings increases
human dignity and should be preferred
Autonomous vs.Heteronomous - ANSWER-· Autonomous = To act freely, is to act
according to I law I give myself
· Heteronomous = Act on impulse or pre-ordained, or inherent and non-controllable
issues, to act according to desires I haven't chosen myself
We are FREE when we act AUTONOMOUSLY; FREEDOM = AUTONOMOUS
Autonomous: - ANSWER-Capable of acting freely, free will, acting according to the law I
give myself.
B-Corps: Are and Are not concerned with - ANSWER-Are :
-People, planet and profit
-Structured way for companies to show corporate social responsibility
-Classified as soft laws for compliance and certification purposes
Not:
-Only driven by a single measurement stick, profit
-Recognized as a Federal or State taxing entity (C-corp, S-corp, LLC)
-WIdely implemented across the globe
Categorical-. - ANSWER-Categorical, as Kant uses it, means unconditional. An
unconditional reason, as opposed to a hypothetical (conditional, if x then y) reason.
Unconditional = "without loophole or exception"
Corporate Social Responsibility (CSR)- - ANSWER-Actions of an org targeted towards
achievement of a social benefit over and above maximizing profits for its shareholders
and meeting all legal obligations.
Prevent corporate fraud, and other unethical things, preventative measures (risk
management)
Value management systems
Compliance management
Mill through this quote asserts that government should not interfere with personal
liberty, even if it is to protect the person from themselves
-The quote is from John Stuart Mill's book, "On Liberty"
3 Approaches to Justice: - ANSWER--Way to define justice would be utilitarianism,
maximize welfare or the collective happiness of society as a whole
-Connects justice to freedom, libertarianism, distribution of wealth and income is
whatever distribution arises from the free exchange of goods and services.
-Justice means giving people what they morally deserve-- allocating goods to reward
and promote virtue. Aristotle, virtue based approach, connects justice to reflection about
the good life.
Kant Rejects approach one and three. He goes for approach two. Pain and pleasure are
not our sovereign masters, we are all rational beings and capable of reason.
3 Main Libertarian Arguments: - ANSWER--No moral laws
-No paternalistic laws (no big brother saying you can't do that), an ex of paternalistic law
would be the seatbelt law.
-No redistribution of income from rich to poor
3 Things Mill Says- - ANSWER--Majority is not always in the right, listen to the minority
bc it might be valuable
-We need to challenge our beliefs, ask why and not just follow blindly and avoid having
set in stone ideologies
-Societies told what to believe are not creative, they conform
5 Objections to Libertarianism (Michael Jordan example): - ANSWER--Taxation is not
as bad as forced labor
-The poor need the money more (stealing from the rich to give it to the poor is still
stealing, it should be given by the rich through their own free choice).
-Michael Jordan doesn't play alone. He therefore owes a debt to those who contribute to
his success.
-Jordan is not really being taxed without his consent. -As a citizen of a democracy, he
has a voice in making the tax laws to which he is subject.
,-Jordan is lucky
A 5 star municipal golf course wants to allocate a fixed number of available tee times on
a very popular holiday weekend on a "first-come-first-served" basis. What would
Aristotle say about the justice of this approach? - ANSWER-The golf course is wrong to
allocate tee times this way. It should award tee times to those with the lowest
handicaps, the best golfers should get the tee times.
A Defense of Utilitarianism--John Stuart Mill - ANSWER-British Philosopher and political
economist
1806-1873
Looks at the bigger picture, the long run
A young and new internet marketing manager at eBay, named Robert Chatwani,
dreamed up a new social innovation that was very much in alignment with his boss and
eBay's CEO Pierre Omidyar. What was that social innovation? - ANSWER-Chatwani
created an online platform where people could buy products from artisans from around
the world. These goods were certified by Trust Providers ensuring the consumers the
goods produces and sold was good for the environment, good for the people who made
it, or both. This was called the World of Good. The platform was eventually rolled
directly into eBay
According to Kant, an action is moral when: - ANSWER-the intention of the action is
good, doing the right thing for the right reason.
According to the Sandel book, at the heart of Aristotle's Theory of Justice are two
central ideas. What are those two ideas? - ANSWER--We must define the essential
nature or purpose of the practice in question.
-We must agree about what virtues we are trying to honor and reward
Argument over Callie the Cheerleader example: - ANSWER--Justice is teleological.
Defining rights requires us to figure out telos (purpose, end, or essential nature) of
social practice in question.
-Justice is honorific. To reason about the telos of a practice, or to argue about it, is at
least in part to reason or argue about what virtues it should honor and reward.
Aristotle would have supported a university's affirmative action program of accepting a
multi-cultural group of less qualified students over more qualified students if: -
ANSWER-the core purpose of a University was to create a diverse society
, Assisted suicide is illegal in most states. Libertarians disagree. Why do they disagree? -
ANSWER-We have full control of our bodies, there are no exceptions.
Assume that more people prefer to watch dogfights than going to view Rembrandt
paintings at a museum. If that is true, which of the following two statements would be
correct? - ANSWER-Bentham would recommend that society should subsidize dogfight
arenas and not public museums.
Mill would claim that the higher pleasure of viewing Rembrandt paintings increases
human dignity and should be preferred
Autonomous vs.Heteronomous - ANSWER-· Autonomous = To act freely, is to act
according to I law I give myself
· Heteronomous = Act on impulse or pre-ordained, or inherent and non-controllable
issues, to act according to desires I haven't chosen myself
We are FREE when we act AUTONOMOUSLY; FREEDOM = AUTONOMOUS
Autonomous: - ANSWER-Capable of acting freely, free will, acting according to the law I
give myself.
B-Corps: Are and Are not concerned with - ANSWER-Are :
-People, planet and profit
-Structured way for companies to show corporate social responsibility
-Classified as soft laws for compliance and certification purposes
Not:
-Only driven by a single measurement stick, profit
-Recognized as a Federal or State taxing entity (C-corp, S-corp, LLC)
-WIdely implemented across the globe
Categorical-. - ANSWER-Categorical, as Kant uses it, means unconditional. An
unconditional reason, as opposed to a hypothetical (conditional, if x then y) reason.
Unconditional = "without loophole or exception"
Corporate Social Responsibility (CSR)- - ANSWER-Actions of an org targeted towards
achievement of a social benefit over and above maximizing profits for its shareholders
and meeting all legal obligations.
Prevent corporate fraud, and other unethical things, preventative measures (risk
management)
Value management systems
Compliance management
