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Things you should know for the 1st Midterm Exam 1. Sources of moral standards (I. E. , relativism, innate moral sense, or rational inquiry), ethical obligations of business managers (I. E. , shareholder theory vs.. Stakeholder theory), and common moral dilemmas arising in business (know the two cases presented in the text: Mercer’s cure for river blindness and the aircraft brake case). 2. The distinction between deductive and Inductive reasoning, the definitions of “valid” and “sound” as applied to arguments, and 10 informal “fallacies” (the only
Latin name you should know is ad hominid, English names are fine for the other 9). 3. The two aspects of moral behavior (I. E. , belief/Judgment and action), and the following obstacles to acting in accordance with one’s beliefs about what is morally right: pressure from peers, culture or authority; moral seduction; weakness of will; perceived lack of freedom or control; and rationalizations (see p. 61). 4. Moral reasoning and the construction of ethical theories. 5. Utilitarian ethical theory: Definition, typical applications, common objections/ problems and common responses to them. 6.
The distinction between Instrumental goods and Intrinsic goods. 7. Kantian/Deontological ethical theory: Definition, typical applications, common objections/problems and common responses to them. (Note: The definition of Deontological ethical theory Includes Cant’s distinction between hypothetical and categorical Imperatives and his two versions of the categorical Imperative. ) 8. Rally’s theory of distributive Justice: Orlando position (Including the Nell of Ignorance”) and the 3 principles that Rails thinks would be agreed to by anyone In the original position. 9. Virtue ethics, and how It differs from the other major theories.
This Includes Aristotle “golden mean,” Quinoa’s Charlatans modifications, and Ancestry’s reliance upon traditional and one’s role In a “story. ” business ethics study guide By lolls 2. The distinction between deductive and inductive reasoning, the definitions of and “sound” as applied to arguments, and 10 informal “fallacies” (the only 3. The two aspects of moral behavior (I. E. , belief/]judgment and action), and the 5. Utilitarian ethical theory: Definition, typical applications, common objections/ 6. The distinction between instrumental goods and intrinsic goods. 7.
Kantian/Deontological ethical theory: Definition, typical applications, common Deontological ethical theory includes Cant’s distinction between hypothetical and categorical imperatives and his two versions of the categorical imperative. ) 8. Rally’s theory of distributive Justice: Original position (including the “veil of ignorance”) and the 3 principles that Rails thinks would be agreed to by anyone in 9. Virtue ethics, and how it differs from the other major theories. This includes Aristotle “golden mean,” Quinoa’s Christian modifications, and Ancestry’s reliance upon tradition and one’s role in a “story. ”