Save
Busy. Please wait.
Log in with Clever
or
show password
Forgot Password?
Don't have an account?  Sign up 
Sign up using Clever
or
Username is available taken
show password


Make sure to remember your password. If you forget it there is no way for StudyStack to send you a reset link. You would need to create a new account. Your email address is only used to allow you to reset your password. See our Privacy Policy and Terms of Service.

Already a StudyStack user? Log In

Reset Password
Enter the associated with your account, and we'll email you a link to reset your password.
focusNode
Didn't know it?
click below
 
Knew it?
click below
Don't Know
Remaining cards (0)
Know
0:00
edit
Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.

  Normal Size     Small Size show me how

Week 2 Review

Chapter 3 & 4

TermDefinition
Business Ethics A branch of philosophy that deals with values relating to the nature of human conduct and values associated with that conduct.
Positive Law If an act is legal, then it is moral.
Natural Law Higher standards of conduct than positive law. Must be followed even if against codified law. Can be legal but unethical.
Kant's Categorical Imperative We cannot use others in a way that gives us a one-sided benefit. Everyone must operate under the same usage laws. You need to be fair and also must want to do it for the right reasons.
The Contractarians and Justice Locke and Rawls' theory of justice/social contract, universal standards developed that result in fairness.
Rights Theory Also known as entitlement theory; everyone has a set of tights, and it is up to the government to protect them.
Ethical Egoism Theory We should act in our own self-interest and only judge ourselves.
Utilitarian Theory We should do the good for the most amount of people.
Moral Relativists Standards should be based upon the circumstances, and there should not be predefined standards.
Plato and Aristotle, Virtue Ethics Resolving ethical dilemmas requires training.
Stakeholder Standard of Behavior Measures the impact of a decision on various groups and asks whether public disclosure of that decision is defensible.
The Importance of Trust Capitalism succeeds because of trust. The reliance on promises produces good business relationships.
Business Ethics and Financial Performance Those with the strongest value systems are more successful.
The Importance of a Good Reputation A company's name and image, whether good or bad, can have a dramatic impact upon the ability to do business.
Public Policy, Law and Ethics Complaints about a business lead to changes in the law and in corporate behavior.
Ethical Behavior Integrity and truthfulness, promise keeping, loyalty, doing no harm and maintaining confidentiality.
Blanchard and Peale Three-Part Test Uses three questions to evaluate situations: Is it legal? Is it balanced? How does it make me feel?
The Front-Page-of-the-Newspaper Test Evaluate whether you'd want your decision published to everyone.
Laura Nash Model Requires examination of the dilemma from all perspectives.
Constitution A written document establishing the structure of the government and its relationship to the people.
The Branches of Government Tripartite government: Legislative, executive and judicial. Bicameral body: Senate and House of Representatives.
Delegated Powers Powers expressly given to the national government by the Constitution.
Shared Powers Powers that are held by both the national and state government.
Police Power of the States The power to regulate for the general welfare, health, safety and morals of the people.
Prohibited Powers There are certain things that the state and national government are prohibited from doing (post facto laws).
Express Federal Regulation Federal law preempts any conflicting state law.
Silence of Congress Can signify that Congress does not want a law on the matter.
Effect of Federal Deregulation If Congress deregulates an industry, that doesn't mean the states can regulate it.
The Bedrock View A strict constructionist view of the Constitution; believes its purpose is to state fundamental principles that don't change over time.
The Living-Document View Our interpretation of the Constitution should change to reflect an evolving society.
Eclipse of the States The center of gravity has shifted from the states to the nation.
Administrative Agencies Have had a significant amount of power delegated to them.
The Commerce Clause Today The U. S. Supreme Court has fond some areas Congress may not regulate and placed limitations on the commerce clause.
Financial Powers Taxing Power and Spending Power.
When Due Process Rights Arise Guarantee of protection against loss of property or rights without the chance to be heard.
Reasonable Classification Depends on whether the classification bears reasonable relation to the wrong being remedied.
Improper Classification Distinctions in business regulation, right to work, and right to enjoy property on the basis of race, national origin, or religion are invalid.
Privileges and Immunities A person going into another state is entitles to make contracts, own property, and engage in business to the same extent as citizens of that state.
Protection of the Person The Bill of Rights includes protections not expressly written into the Constitution.
Created by: EssiannaL
Popular Law sets

 

 



Voices

Use these flashcards to help memorize information. Look at the large card and try to recall what is on the other side. Then click the card to flip it. If you knew the answer, click the green Know box. Otherwise, click the red Don't know box.

When you've placed seven or more cards in the Don't know box, click "retry" to try those cards again.

If you've accidentally put the card in the wrong box, just click on the card to take it out of the box.

You can also use your keyboard to move the cards as follows:

If you are logged in to your account, this website will remember which cards you know and don't know so that they are in the same box the next time you log in.

When you need a break, try one of the other activities listed below the flashcards like Matching, Snowman, or Hungry Bug. Although it may feel like you're playing a game, your brain is still making more connections with the information to help you out.

To see how well you know the information, try the Quiz or Test activity.

Pass complete!
"Know" box contains:
Time elapsed:
Retries:
restart all cards