Stakeholder Theory Suggests That Ethical Corporate Behavior __________.
Question: The Wealth of Nations was written by ____.
Answer: Adam Smith
Question: Federal law and business leaders alike favor _____, as a means of governing private business ethics.
Answer: self-regulation by companies
Question: Which of the following provides the best definition of ethics?
Answer: Ethics is a formal system fro deciding what is right and wrong for justifying moral decisions.
Question: Which is the best definition of “the good”, as defined by philosophers?
Answer: The moral goals and objectives we choose to pursue.
Question:
Answer: formalism
Question: Ethical formalists maintain that:
Answer: harm to individuals rights is never justified by an increase in organizational or common good.
Question: The _____ emphasizes consistency and compels a person to act as he believes everyone should act.
Answer: categorical imperative
Question: Who developed the theory of the categorical imperative?
Answer: Immanuel Kant
Question: For Immanuel Kant, to be ethical requires that a person act:
Answer: with good intent
Question: Who developed the social contract theory?
Answer: John Rawls