SOPHIA PATHWAYS presonal and professional etics 1-3

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Philosophy

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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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