LES 305 Quiz 1 Questions with Correct Answers
Moral Relativists - Answer-Time-and-place ethics; making ehtical choices based on the circumstances.
Methods Avoiding Facing Ethical Dilemmas - Answer-Re-labeling (copuright infringement cs. peer-to-peer file sharing)and rationalizing.
Front Page...
Front Page of the Newspaper Test - Answer-When contemplating a business action,
one must ask whether they would be comfortable seeing the act on the front page of the
newspaper to be viewed by friends, family, or colleagues.
Laura Nash - Answer-12 Questions that help clarify what constitutes an ethical dilemma,
and steps to solve it.
Ethical egoism - Answer-States we all act in our own self-interest and limit our
judgements to our own conduct, not the conduct of others.
Categorical Imperative (Kant) - Answer-One ought only to act such that the principle of
one's act could become a universal law of human action in a world in which one would
hope to live.
Inherence School of Social Responsibility - Answer-Advises managers to act only with
shareholder's interests in mind
Enlightened Self-interest School of Social Responsibility - Answer-Advises managers to
be responsible to the shareholders by being responsive to the larger society.
Invisible Hand School of Social Responsibility - Answer-Role of business is to serve
larger society, but does so best when serving only shareholders.
School of Social Responsibility - Answer-Role of business is to serve society as a whole
and should do so by directly serving the needs of society.
"Toes to the Line" Philosophy - Answer-Doing no more than what is required under the
law while violating the intent of the law.
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