Study Guide 2 for Spring 2008

Study Guide 2 for Spring 2008 - 1 APPLIED MANAGERIAL ETHICS...

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APPLIED MANAGERIAL ETHICS REVIEW QUESTIONS - EXAM 2 NOTE: The exam will cover lectures, articles, handouts and the text. You are responsible for reading all of the material, even if some of the material was NOT covered in class . DISCLAIMER: These questions are meant to be an aid in studying for the exam. In NO WAY are they meant to be all inclusive or to represent ONLY the information to be covered by the exam. Chapter 4 - NATURE OF CAPITALISM (Please note that the discussion of ideology, the role of the individual & the state, Hobbes. Locke, and some of Marx was in the lecture only.) 1. Explain what an ideology is. What purposes does an ideology serve? 2. Distinguish between the two ideologies that George Lodge identified. 3. Explain the concept of the social contract. Who was Jean Jacques Rousseau? 4. Ideological perspectives on the role of the individual and the state or government have evolved in Western civilization. Explain the perspectives of the following: (a) Greco- Roman Era through the Middle Ages, (b) Thomas Hobbes, (c) John Locke. 5. What was the historical importance of the ideological clash between Hobbes' and Locke's perspectives? 6. What are the key features of capitalism? From the text, discuss the historical background of capitalism and how it has evolved over time. 7. Who was Adam Smith and what famous book did he write detailing the basics of capitalism? 8. Free markets or capitalism can be argued as a just and ethical system through two ethical approaches: (a) Adam Smith's utilitarian approach and (b) Lockean natural rights approach. Detail the substance of each of these arguments defending capitalism. 9. From the text and the notes, what are some of the criticisms of capitalism and the free market system? 10. Who was Karl Marx and what was his historical significance? How did Marx describe history? Explain in detail Marx = s perspective on capitalism and its treatment of workers. Who were the proletariat and the bourgeoisie? Explain in detail Marx = s three key theories of (1) labor theory of surplus value, (2) alienation and (3) immiseration. 11.
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This note was uploaded on 04/28/2008 for the course BUS 201 taught by Professor Lifton during the Spring '08 term at Ithaca College.

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Study Guide 2 for Spring 2008 - 1 APPLIED MANAGERIAL ETHICS...

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