WMU BUS 4500 Final Exam 1 Questions
And Actual Answers.
Ethical Dilemma - Answer Is any situation in which guiding moral principles cannot determine which
course of action is right or wrong.
How do you solve ethical dilemmas? - Answer Generally speaking, there are two major approaches
that philosophers use in handling ethical dilemmas. One approach focuses on the practical
consequences of what we do; the other concentrates on the actions themselves.
Values - Answer Beliefs that incline us to act or choose in one way rather than another. They are our
fundemental beliefs.
World Class Companies Reputation - Answer Usually have cutting-edge technology, superior
management systems, outstanding electronic systems, and data-base management, (but their
reputations all come back to human beings)-the people who make decisions and take actions to these
organizations.
Critical characteristic of successful companies... - Answer Careful balance between the values,
interests, goals, and objective of the organization, and the values of the individuals who work for it.
What identifying your values helps you with. - Answer 1. Identify the kinds of activities, people, and
environments that you most desire in your work. 2. Determine which work environments best fit your
personal and professional needs and the skills you would like to develop there. 3. Focus on career
objectives that are important to both you and potential employers. 4. Identify the motivators that
provide the drive to accomplish the important goals in your life.
Morals - Answer A subset of values which we attribute to a system of beliefs. These values get their
authority fro something outside the individual. Your views about morality change and develop.
Kohlberg's stages of moral development - Answer 1. I do it so I don't get in trouble. 2. I do it so I get
something out of it. 3. I do it so you like me. 4. I do it because it is the law, and I respect the law. 5. I do it
because of a social contract we have with each other. 6. I do it because it is the right thing to do.
, Ethics - Answer Moral values in action. Ethics is about our actions and decisions.
Business Ethics - Answer Has a heavy emphasis on individual morality. "The study of how personal
moral norms apply to the activities and goals of commercial enterprise, dealing with three basic areas of
managerial decision making.
Ethical with ethos - Answer Is to conform what is typically done, to obey the conventions and rules of
one's society and religion. With this def ethics=ethos.
Indicators of ethos at work. - Answer 1. Everyone else does it. 2. If we don't do it, someone else will. 3.
Thats the way it is always been done. 4. We will wait til the lawyers tell us its wrong. 5. It doesn't really
hurt anyone. 6. I was just following orders.
Sustainable development is about... - Answer Meeting the needs of the present without compromising
the ability of future generations to meet their own needs.
Enviornmental stewardship - Answer Sustainability is a relatively modern concept originally concerned
with....
Ethical Relativism - Answer Social consensus
Utilitarian - Answer The ends justify the means
Deontological Ethics: - Answer Duty-based. There are some things we should do or not do regardless of
the consequences.
Virtue Ethics - Answer Identification of character traits that would constitute a good and full human
life.
If cultural relativism is true... - Answer Then we can decide if actions are right or wrong simply by
consulting the standards of society.
And Actual Answers.
Ethical Dilemma - Answer Is any situation in which guiding moral principles cannot determine which
course of action is right or wrong.
How do you solve ethical dilemmas? - Answer Generally speaking, there are two major approaches
that philosophers use in handling ethical dilemmas. One approach focuses on the practical
consequences of what we do; the other concentrates on the actions themselves.
Values - Answer Beliefs that incline us to act or choose in one way rather than another. They are our
fundemental beliefs.
World Class Companies Reputation - Answer Usually have cutting-edge technology, superior
management systems, outstanding electronic systems, and data-base management, (but their
reputations all come back to human beings)-the people who make decisions and take actions to these
organizations.
Critical characteristic of successful companies... - Answer Careful balance between the values,
interests, goals, and objective of the organization, and the values of the individuals who work for it.
What identifying your values helps you with. - Answer 1. Identify the kinds of activities, people, and
environments that you most desire in your work. 2. Determine which work environments best fit your
personal and professional needs and the skills you would like to develop there. 3. Focus on career
objectives that are important to both you and potential employers. 4. Identify the motivators that
provide the drive to accomplish the important goals in your life.
Morals - Answer A subset of values which we attribute to a system of beliefs. These values get their
authority fro something outside the individual. Your views about morality change and develop.
Kohlberg's stages of moral development - Answer 1. I do it so I don't get in trouble. 2. I do it so I get
something out of it. 3. I do it so you like me. 4. I do it because it is the law, and I respect the law. 5. I do it
because of a social contract we have with each other. 6. I do it because it is the right thing to do.
, Ethics - Answer Moral values in action. Ethics is about our actions and decisions.
Business Ethics - Answer Has a heavy emphasis on individual morality. "The study of how personal
moral norms apply to the activities and goals of commercial enterprise, dealing with three basic areas of
managerial decision making.
Ethical with ethos - Answer Is to conform what is typically done, to obey the conventions and rules of
one's society and religion. With this def ethics=ethos.
Indicators of ethos at work. - Answer 1. Everyone else does it. 2. If we don't do it, someone else will. 3.
Thats the way it is always been done. 4. We will wait til the lawyers tell us its wrong. 5. It doesn't really
hurt anyone. 6. I was just following orders.
Sustainable development is about... - Answer Meeting the needs of the present without compromising
the ability of future generations to meet their own needs.
Enviornmental stewardship - Answer Sustainability is a relatively modern concept originally concerned
with....
Ethical Relativism - Answer Social consensus
Utilitarian - Answer The ends justify the means
Deontological Ethics: - Answer Duty-based. There are some things we should do or not do regardless of
the consequences.
Virtue Ethics - Answer Identification of character traits that would constitute a good and full human
life.
If cultural relativism is true... - Answer Then we can decide if actions are right or wrong simply by
consulting the standards of society.
