SOPHIA PATHWAYS presonal and professional etics 1-3
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Dec 6, 2023
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SOPHIA PATHWAYS
Business Ethics 1.1, 1.2, 1.3
1 — Business Ethics and Culture
What does the idea of enculturation mean?
The process by which humans
learn rules and customs of a society
What does the idea of acculturation mean?
Cultural transmission and
socialization process
2 — The Influence of Culture and Religion
A firm in a high uncertainty avoidance culture would likely be guided
by which value?
Dedication to tradition
A business owner with a strong Protestant ethic would likely focus on
which value when operating her business?
Frugality
If your company wants to focus on localization, what would that entail?
Adapting a product for another culture
3 — Business Ethics Over Time
Which time period was most impacted by the mass media?
The Information Age
Which time period was characterized by exploring new markets?
Mercantile Era
What is the focus of capitalism?
Wealth creation
4 — Business Ethics and Government
Influence
What does shareholder primacy mean for businesses?
Paying profits to
investors is
the priority.
Which court proceeding first tested the idea of shareholder primacy?
Dodge v. Ford Motor Company
Based on the idea of corporate personhood, what statement most
closely aligns with its meaning?
Corporations have legal responsibilities just
as a person does.
5 — Is There a Universal Ethic?
What is bribery?
An activity where money or a favor is given in order to
influence someone with power
What aspect of corruption would include misappropriation of funds?
Embezzlement
What is it called when companies prioritize development and
fulfillment for employees?
Humanistic business model
6 — Ethics and Social Justice
Which of these statements is the most true about the justice theory?
Laws of the land apply equally to all, always.
Assume someone has a veil of ignorance.
What would they do in their decision-making process?
Assume no identity
Which of the following is the most important tenet of Rawls's justice
theory?
Justice as fairness
1 — Why Ethics Matter
Which definition best describes business ethics?
Guiding conduct that
follows the law and respects the rights of stakeholders
Fen has been working for her organization for several years, and
yearly, she is required to sign a set of rules that addresses expected
employee behavior.
Code of ethics
What best describes integrity?
The unity between what we say and
what we do
2 — Ethics, Goodwill, and Profit
What statement best describes a social contract?
An implicit
agreement among members to cooperate for common social benefits
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