BULE 303 Exam 5 questions well
answered graded A+
Moral Minimum - correct answer ✔✔Lawful behavior; law has its limits, though, and some
actions may be legal but not ethical
Code of Ethics - correct answer ✔✔A formal statement of ethical principles and rules of conduct
Triple Bottom Line - correct answer ✔✔a. Legal implications
b. Public relations impact
c. Safety risks
d. Financial implications of a decision
Ethical Issues, Business - correct answer ✔✔Developing integrity and trust
Duty-Based Ethics - correct answer ✔✔Based on religious beliefs; basic right of human beings;
philosophical reasoning
Outcome-Based Ethics (Utilitarianism) - correct answer ✔✔An action is ethical based on
whether it produces the greatest good for the greatest number of people upon which it has an
effect
Corporate Social Responsibility - correct answer ✔✔Commitment to good citizenship with a
commitment to making ethical decisions, improving society, and minimizing environmental
impact
IDDR Steps - correct answer ✔✔Inquiry
, Discussion
Decision
Review
Categorical Imperative - correct answer ✔✔Action evaluated in terms of what would happen in
everybody else in the same situation acted the same way
Cost-Benefit Analysis - correct answer ✔✔Involves weighing the costs of a given action against
the benefits of that action
Principle of Rights - correct answer ✔✔Belief that human beings have certain fundamental
rights
Outsourcing - correct answer ✔✔Practice which company hires outside firm or individual to
perform work rather hire employees to do it
Civil Law - correct answer ✔✔Duties that exist between persons or between persons and
governments, excluding duty not to commit crimes
Criminal Law - correct answer ✔✔Crimes, wrongs against society proclaimed in statutes,
prosecuted by public official, not victims
Felonies - correct answer ✔✔Serious crimes, punishable by death or imprisonment for 1+ year
Misdemeanors - correct answer ✔✔Less serious crimes by fines or confinement for up to one
year
Actus Reus - correct answer ✔✔Guilty act, committed criminal act
answered graded A+
Moral Minimum - correct answer ✔✔Lawful behavior; law has its limits, though, and some
actions may be legal but not ethical
Code of Ethics - correct answer ✔✔A formal statement of ethical principles and rules of conduct
Triple Bottom Line - correct answer ✔✔a. Legal implications
b. Public relations impact
c. Safety risks
d. Financial implications of a decision
Ethical Issues, Business - correct answer ✔✔Developing integrity and trust
Duty-Based Ethics - correct answer ✔✔Based on religious beliefs; basic right of human beings;
philosophical reasoning
Outcome-Based Ethics (Utilitarianism) - correct answer ✔✔An action is ethical based on
whether it produces the greatest good for the greatest number of people upon which it has an
effect
Corporate Social Responsibility - correct answer ✔✔Commitment to good citizenship with a
commitment to making ethical decisions, improving society, and minimizing environmental
impact
IDDR Steps - correct answer ✔✔Inquiry
, Discussion
Decision
Review
Categorical Imperative - correct answer ✔✔Action evaluated in terms of what would happen in
everybody else in the same situation acted the same way
Cost-Benefit Analysis - correct answer ✔✔Involves weighing the costs of a given action against
the benefits of that action
Principle of Rights - correct answer ✔✔Belief that human beings have certain fundamental
rights
Outsourcing - correct answer ✔✔Practice which company hires outside firm or individual to
perform work rather hire employees to do it
Civil Law - correct answer ✔✔Duties that exist between persons or between persons and
governments, excluding duty not to commit crimes
Criminal Law - correct answer ✔✔Crimes, wrongs against society proclaimed in statutes,
prosecuted by public official, not victims
Felonies - correct answer ✔✔Serious crimes, punishable by death or imprisonment for 1+ year
Misdemeanors - correct answer ✔✔Less serious crimes by fines or confinement for up to one
year
Actus Reus - correct answer ✔✔Guilty act, committed criminal act
