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Bis Ethics 1

Chapter 1

QuestionAnswer
1. Which concept relates to utilitarianism? a. consequences b. actions c. character d. duty a.Consequences
2. True or false? Normative ethical theories are grounded in reason. True
3. Why do ethical responsibilities go beyond the law? The law sets minimum rules, but ethics go further. Something can be legal but still feel wrong.
4. Difference between normative and descriptive ethics: Normative ethics tell us how we should act. Descriptive ethics explain how people actually act.
5. Which is not a stakeholder? a. the media b. corporate culture c. the environment d. customers Answer: Corporate culture Stakeholders are groups affected by the business.
6. True or false? Friedman said businesses should better society. False
7. What is CSR? CSR means businesses have responsibilities to society, not just profits.
8. One way to prioritize stakeholders: List stakeholders, their interests, and how decisions affect them.
9. How ethics affect goodwill: Ethical behavior builds trust, a strong brand, and long-term success.
10. True or false? Family influences ethics. True
11. Which theory supports multiple ethical standards? a. deontology b. utilitarianism c. virtue ethics d. none of the above d. none of the above
Benefit of one ethical standard: It keeps behavior consistent and fair toward everyone.
Created by: user-2018168
 

 



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