BUS3 186 Study Guide Midterm 1 - Chapter 1 Food Security Cant find where your next meal is Food Desert Cant find fresh food Business Ethics the study of

BUS3 186 Study Guide Midterm 1 - Chapter 1 Food Security...

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Chapter 1 Food Security: Can’t find where your next meal isFood Desert: Can’t find fresh foodBusiness Ethics: the study of what constitutes right and wrongCharacteristic of Moral Standards: Societal Norms – Ethical Relativism: The right thing to do is what one’s culture says is right. -This keeps culture stagnant = no moral growth-IT leaves no basis for one culture to pass judgment on another’s action-One’s culture is hard to identify in the modern world. Role of Religion: Positive / Negative: Nearly every religion has a version of the Golden Rule, yet most theologians disagreeon such divine command theory. This theory is said that something is right or wrongbecause God says so. Saying that the thing is right because God says so is not persuasive to the atheist. And there is also difference in terms of God’s commandsNon-Moral Standards: Characteristics of Moral Standards -Concern behavior that is of serious consequence to human welfare -Take priority over other standards, including self-interest-Their soundness depends on the adequacy of the reasons that support or justify them.Moral Standards vs. Etiquette: Rules for socially acceptable behavior are not moral standards. For example: Don’t eat with your mouth full. | Say please and thank you. Moral Standards vs. Law– An action can be moral but not legal. An action can be leagal but not moral. Moral Standards vs. Professional Codes of Ethics: Rules that govern the conduct of members of a given profession. Chapter 2 Egoism: This is a consequentialist theory. They care about the consequences of theiractions for themselves.Female Approach to Morality: People have responsibilities towards each other. Therefore, morality is an imperative to care for others. Fidelity: Faithfulness, if we make a promise to someone, then we should keep it. Formulations of the Categorical Imperative: It comes down to two types of categorical imperative – First Formulation: Act only according to that maxim by which you can at all time will that it should become an universal law. = a general rulewhere you if everyone is doing it then you should do it.
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