BLW 302 - Exam 1 Questions and Answers
Ethical Dilemma - ANSWER-A conflict that results between a value and basic human drive
What are the four main drives? - ANSWER-Acquire, Bond, Comprehend, Defend
Natural Law Theory of Ethics - ANSWER-Assumes there is a predetermination of what or is not mora...
Rights Theory - ANSWER✔✔-States that we all have rights that cannot be infringed and it's the
governments job to enforce those rights.
Blanchard and Peale Model - ANSWER✔✔-An ethical decision making model that proposes that any
behavior must be in compliance with the law. "Is it legal?"
Front of the Newspaper Test - ANSWER✔✔-A simple ethical model that requires only that a decision
maker envision how a reporter would describe a decision on the front page of a newspaper.
Laura Nash Model - ANSWER✔✔-An ethical decision making model that forces managers to seek
additional perspectives as decisions are evaluated and implemented.
Wall Street Journal Model - ANSWER✔✔-A resolution model of ethical dilemmas that consist of
compliance, contribution, and consequences.
Categorical Imperative - ANSWER✔✔-"The Golden Rule" - An ethical dilemma evaluation model that
states "treat others the way you want to be treated"
Business Ethics - ANSWER✔✔-Ethical issues that focus on the basic values such as being honest, fairness,
and social responsibility.
Corporate Social Responsibility - ANSWER✔✔-States that it is a corporate executive's responsibility to
make as much money for the shareholders as possible, as long as he operates within the rules of the
game.
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