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BAET 20300 Business Ethics

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Questions:

1.

  • What are the reasons for why running a business ethically is profitable (or, at least guards against losses)?
  • What are the reasons for why running a business ethically is not profitable?
  • What are the reasons for why running  a business unethically is profitable?
  • What are core values?
  • Why is it a good idea to have core values?
  • What is the difference between core values and ethical values?  What are ethical values?
  • Why is running a business according to law – without thinking of ethics – not sufficient for running a business ethically?
  • Why is running a business according to law – without thinking of ethics – not sufficient for running a business legally?
  • Why is running a business according to law – without thinking of ethics – not sufficient for running a business profitably?
  • What is the ethical significance of the Barclay/LIBOR case?  (Which of the first 3 questions, or questions like them, does it help to answer – and what is the answer to one of those questions on the basis of this case?)
  • What is the ethical significance of the Malden Mills case?  (Which of the first 3 questions, or questions like them, does it help to answer – and what is the answer to one of those questions on the basis of this case?)
  • What is the ethical significance of the Philip Morris case?  (Which of the first 3 questions, or questions like them, does it help to answer – and what is the answer to one of those questions on the basis of this case?)

2.

  • What is the utiltitarian ethics?  In what sense is it about consequences?
  • What are the problems with Utilitarian ethics?
  • What is the Kantian ethics?  (Do not worry about the universal law formulation of Kantian ethics.  Focus on the each person as an end-in-itself formulation.)  In what sense is it about principles?
  • What are the problems with Kantian ethics?
  • What is the virtue ethics?  In what sense is it about personal character?
  • What is the distinction between wants and interests?
  • How does the distinction between wants and interests help establish rights – and what are rights?
  • Are rights supported by Utilitarian, Kantian, or Virtue frameworks?
  • What is the Utilitarian evaluation of child and slave labor?
  • What is the Kantian evaluation of child and slave labor?
  • What is the Virtue ethics evaluation of child and slave labor?

3.

What are the reasons for thinking that..

  • Economic Model of Corporate Social Responsibility (ECMSR)  is ethically good according to Utilitarianism.
  • EMCSR is ethically good according to Kantiainism
  • EMCSR is not good according to Utilitarianism
  • EMCSR is not good according to Kantianism
  • Stakeholder Model of Corporate Socail Responsibility (SMCSR) is ethically good according to Utilitarians
  • SMCSR is ethically good according to Kantians
  • SMCSR is not ethically good according to Utilitarians
  • SMCSR is not ethically good according to Kantians
  • What are the Philanthropic, Minimum Morality, and Strategic Models of Social Responsibility?
  • What are market failures (negative externalities, public goods, individual rationality failing) – and why is this important?
  • What are the reasons for thinking that shareholders are not owners – and why is this important
  • What is the problem with regulating business by law?  (The issues of first generation problem and lobbies)
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