Exam 2: Deciding Whats Right: a Prescriptive Approach

Reference: Matching Key Terms and Descriptions (each can be used more than once) -Focuses on the integrity of the moral actor.

Reference: Matching Key Terms and Descriptions (each can be used more than once) -"What kind of world would this be if everyone behaved this way or made this kind of decision in this type of situation?"

It is good advice to go with your gut.

Reference: Matching Key Terms and Descriptions (each can be used more than once) -For example,followers of this approach would rely on Western biblical tradition or moral intuition for guidance.

Most business managers rely on a deontological approach.

Reference: Matching Approach and Weakness (each can be used more than once) -A major challenge is deciding which duty,obligation,right,or principle takes precedence.

Despite the disclosure rule,making decisions in private to avoid negative reaction is generally best for a business as it safeguards your firm's reputation and keeps competitive information away from your competitors.

The ___________ approach to ethical decision making focuses on how people actually make ethical decisions.

Business managers generally rely on the consequentialist approach.

A major challenge of deontological approaches is deciding which duty,obligation,right,or principle takes precedence because ethical dilemma often pit these against each other.

Reference: Matching Key Terms and Descriptions (each can be used more than once) -Focuses on doing what is "right" based on broad,absolute and universal moral principles or values

A _______________ is any person or group with a standing in the issue at hand.

The __________ challenges one to ask,"how would you feel if your behavior appeared in The Wall Street Journal?"

Reference: Matching Approach and Weakness (each can be used more than once) -The rights of a minority group can easily be sacrificed for the benefit of the majority (for example,slavery in the United States).

Creativity and thinking out of the box are just a scoundrel's way of saying that coming up with alternatives in solving how you handle ethical issues are valuable skills to keep you from getting caught.

The consequentialist approach protects the rights of the minority.

Reference: Matching Key Terms and Descriptions (each can be used more than once) -A philosophical tradition that began with Aristotle and primarily considers the actor's character,motivations,and intentions.

The ___________ approach to ethical decision making focuses on what decision an individual should make.

An appearance of a conflict of interest can be as damaging as an actual conflict.

In business,concerning yourself with how your decision making affects stakeholders is useless given the number of stakeholders and their different interests.