Define absolutism Study guides, Class notes & Summaries

Chapter 01 – An Introduction to Business Ethics Multiple Choice 1. Principles are a. laws and regulations that guide behavior in the world of business. b. mores, values, and customs that guide behavior in general. c. specific and pervasive boundaries for behavior that are universal and absolute. d. the obligations businesses have to maximize their positive impact and minimize their negative impact. e. the mores, values, and customs that parents teach their children. ANSWER: c 2. Corpor...

Define Absolutism correct answers A government in which the leader has unlimited power Long Term causes of Absolutism correct answers Fall of Feudalism, decline in the authority of the Church, and growth of nation states Feudalism correct answers A military and political system based on the holding of land how did the fall of feudalism cause Absolutism correct answers it was replaced with centralized monarchies how did the decline in the Church Authority contribute to Absolutism corr...

What are the three pillars of Seidel's three pillar approach? correct answers Strategy, Law, and Ethics Define the Strategy Pillar correct answers Assumes a stakeholder approach—finding ways to move beyond a shareholder value orientation Define the Law Pillar correct answers Risk management orientation—compliance with the law is ethically required and should be the moral minimum for the organization Define the Ethics Pillar correct answers Assumes ethical leadership is important an...

MBA 5300 Exam || Complete Questions & Answers (100% Correct) MBA 5300 Exam || Complete Questions & Answers (100% Correct) Explain the difference between law and ethics - ANSWER - Laws: A system of principles and rules of human conduct. In a business setting, law represents the "rules of the game," the framework for business operations and decision making. Legal compliance is risk management. Ethics: Externally imposed guidelines for behavior that is considered right or wrong. This inclu...

state a region controlled by a single political entity Which of the following most inspired the inclusion in the Declaration of Independence of the right of the people to revolt against a tyrannical government? A. the English Bill of Rights B. Montesquieu's De l'esprit des Lois (Spirit of Laws) C. Locke's Second Treatise D. the Virginia House of Burgesses C. Locke's Second Treatise Brainpower Read More Under feudalism, which group was responsible for ruling different ...

Explain the difference between law and ethics correct answers Laws: A system of principles and rules of human conduct. In a business setting, law represents the "rules of the game," the framework for business operations and decision making. Legal compliance is risk management. Ethics: Externally imposed guidelines for behavior that is considered right or wrong. This includes an individual's, an organization's, or a profession's (e.g., attorneys, physicians, accountants) code of ethics. ...

When is Whistle Blowing Morally Justified? correct answers 1) it is done in good faith with the intention fo exposing wrongdoing. 2) except in special circumstances, the whistle-blower has exhausted all other internal avenues before going public. 3) There is proper evidential basis for his or her allegation of misconduct 4) Analyzed the seriousness of the misconduct. 5) the action of the whistle-blower is consistent with the general responsibility of a citizen to avoid or expose moral viola...

beliefs what a person holds to be true, or rules that are followed that are not based on tangible proof conflict when opposing forces of incompatibility exist at the same time or place dilemma a problem for which all outcomes are either equal or all outcomes are undesirable ethics values that are used to determine moral conduct or beliefs etiquette the manner of behavior, determined by custom, that is used in social, official, or professional interactions ...

What are the three pillars of Seidel's three pillar approach? correct answers Strategy, Law, and Ethics Define the Strategy Pillar correct answers Assumes a stakeholder approach—finding ways to move beyond a shareholder value orientation Define the Law Pillar correct answers Risk management orientation—compliance with the law is ethically required and should be the moral minimum for the organization Define the Ethics Pillar correct answers Assumes ethical leadership is important an...

Explain the difference between law and ethics correct answers Laws: A system of principles and rules of human conduct. In a business setting, law represents the "rules of the game," the framework for business operations and decision making. Legal compliance is risk management. Ethics: Externally imposed guidelines for behavior that is considered right or wrong. This includes an individual's, an organization's, or a profession's (e.g., attorneys, physicians, accountants) code of ethics. ...