BUS 303 Final Exam – Ultimate Study Guide
📚💡
🚨 Exam Revision Made Easy! 🚨
Here’s a concise, high-yield breakdown of the key concepts for your BUS 303 Final Exam.
Master these topics to ace your test! ✅
🔹 Ciulla: Exploitation of Need
The Myth of Free Choice in Employment – Most people lack real choices in how they
earn a living.
Moral Problem of Hiring the Poor for Dangerous Work – Is a desperate person truly
making a free choice?
Smith’s Understanding of Compensation – Wages compensate for loss of freedom, not
just labor.
Freedom vs. Compensation – Higher pay doesn’t always mean more freedom.
🔹 Adam Smith: Human Exchange & Capitalism
Why Capitalism is Natural – Trade & exchange are human instincts.
Division of Labor – Specialization is essential for survival.
Equality of Opportunity – We start at the same point, but talent differences are
smaller than we think.
, 🔹 Rawls: Justice as Fairness
Original Position & Veil of Ignorance – Imagine choosing rules of society without
knowing your identity.
Maximin Rule – Maximize the minimum well-being to protect the worst-off.
Two Principles of Justice:
1. Equal Liberty – Basic freedoms must be protected first.
2. Difference Principle – Inequality is only fair if it helps the least advantaged.
🔹 Bowie: Respecting Humanity in a Person
Kantian Ethics – Moral actions are done for the right reasons.
Categorical Imperative:
1. Universalization – Act as if your behavior should be a universal law.
2. Means & Ends – Never use people as mere tools.
Good Will – Acting from duty, not selfish motives.
🔹 Keashly: Workplace Bullying
3 Dimensions of Bullying – Physical/verbal, active/passive, direct/indirect.
Forms of Bullying – Threats to status, insults, isolation, unrealistic expectations, etc.
📚💡
🚨 Exam Revision Made Easy! 🚨
Here’s a concise, high-yield breakdown of the key concepts for your BUS 303 Final Exam.
Master these topics to ace your test! ✅
🔹 Ciulla: Exploitation of Need
The Myth of Free Choice in Employment – Most people lack real choices in how they
earn a living.
Moral Problem of Hiring the Poor for Dangerous Work – Is a desperate person truly
making a free choice?
Smith’s Understanding of Compensation – Wages compensate for loss of freedom, not
just labor.
Freedom vs. Compensation – Higher pay doesn’t always mean more freedom.
🔹 Adam Smith: Human Exchange & Capitalism
Why Capitalism is Natural – Trade & exchange are human instincts.
Division of Labor – Specialization is essential for survival.
Equality of Opportunity – We start at the same point, but talent differences are
smaller than we think.
, 🔹 Rawls: Justice as Fairness
Original Position & Veil of Ignorance – Imagine choosing rules of society without
knowing your identity.
Maximin Rule – Maximize the minimum well-being to protect the worst-off.
Two Principles of Justice:
1. Equal Liberty – Basic freedoms must be protected first.
2. Difference Principle – Inequality is only fair if it helps the least advantaged.
🔹 Bowie: Respecting Humanity in a Person
Kantian Ethics – Moral actions are done for the right reasons.
Categorical Imperative:
1. Universalization – Act as if your behavior should be a universal law.
2. Means & Ends – Never use people as mere tools.
Good Will – Acting from duty, not selfish motives.
🔹 Keashly: Workplace Bullying
3 Dimensions of Bullying – Physical/verbal, active/passive, direct/indirect.
Forms of Bullying – Threats to status, insults, isolation, unrealistic expectations, etc.
