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CQIB - Chapter 2 - ETHICS IN BANKING TEST WITH COMPLETE VERIFIED SOLUTIONS.
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CQIB - Chapter 2 - ETHICS IN BANKING TEST WITH COMPLETE VERIFIED SOLUTIONS.
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CQIB - Chapter 2- ETHICS IN
BANKING TEST
WITH COMPLETE
VERIFIED
SOLUTIONS
What is ethics? & What 'questions' does it answer?
- answer Answering the question:
Individually: 'What should I do?' 'How should I live?'
Collectively: 'What should we do?'
Ethics is influenced by our values - for example,
loyalty, integrity, security etc., and moral traditions
,- religious, cultural, societal or family traditions
that shape our values.
What is Moral Absolutism? - answer Moral
Absolutism People who think that there are
universal rules that apply to everyone.
What is Moral Relativists - answer Dispute the idea
that there are some universal rules that all cultures
ought to obey,
they argue that:
Differed cultures or different periods in history had
different moral views.
What is 'good' depends on what a particular group
of people approve of
Relativism considers the diversity of human
societies and responds to the different
circumstances surrounding human acts.
Those who adhere to moral relativism would say?...
- answer "when in Rome, do as the Romans do."
, What are the 3 Approaches to Ethical Issues? -
answer 1. Consequentialism- A subset of
consequential ism is utilitarianism.
2. Deontology
3. Virtue Based Ethics
Utilitarianism is a subset of what Ethical Approach?
- answer Consequentialism
Which Approach to Ethical Issues is this statement
relating to:
Practice that starts with the idea that we can
identify what it would be like if we lived up to our
own standards, and every decision we made
moved us towards being the best version of
ourselves. - answer Virtue Based Ethics
Which Approach to Ethical Issues is this statement
relating to:
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