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Business Ethics- Unit 1 Study Guide

Business Ethics- Unit 1 Study Guide - Study Guide Unit 1...

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Study Guide- Unit 1 Thursday, February 07, 2008 Abbreviations: BB: Beauchamp and Bowie P: Pojman   Morality and Ethical Theory 1. What is morality (or morals)? [BB, 1-2; P, xi] Morality is made of value judgments.  It is concerned with social practices defining right and  wrong.  Morals are not concerned with what is but what ought to be.  Morality has a distinct  action guiding or normative aspect.  Morality consists of what persons ought to do in order to  conform to society's norms of behavior. 2. What is ethical theory (or moral philosophy)? [BB, 1-2; P, xi] Ethical theory and   moral philosophy point to the reflection in the nature and justification of right  actions.  Concerns the philosophical reasons for and against aspects of the morality stipulated  by society.  It is centered on justification.  Moral philosophy refers to philosophical or theoretical  reflection on morality.  Moral philosophy is the systematic endeavor to understand moral  concepts and justify moral principles and theories. 3. What does morality have in common with prudence, religion, law, and etiquette? [P, xi] Morality has a distinct action guiding or normative aspect, an aspect it shares with other  practical institutions, such as religion, law, and etiquette.  Etiquette is a cultural invention, but  morality claims to be a discovery.  Law, etiquette, and religion are all important institutions, but  each has limitations. 4. What is the difference between prescriptions and descriptions? [lecture; P, xi] Prescriptions regulate people's behavior whereas descriptions describe a fact.   5. What is a value judgment? [lecture] A value judgment shows approval or disapproval of something evaluated against a standard. 6. What is the difference between value judgments and descriptions? [lecture] Value judgments evaluate against a standard whereas descriptions only describe a fact.  Ex.  John is a nice guy vs. the cat is on the mat. 7. Consider the following moral rule: "You shall not commit murder." What is the corresponding  moral value judgment? [lecture] The moral value judgment is murder is wrong. 8. Consider the following moral value judgment: "Stealing is wrong." Translate this expression  into a moral imperative. [lecture] Do not steal.   Morality and Prudence
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9. Explain the difference between morality and rules of prudence. [BB, 2-4] Rules of prudence are "ought's" and "ought not's" that are instructions in self-interest (Ex. Eat  your vegetables)  whereas morality is certain things ought not to be done because they are  "wrong" morally and that certain things ought to be done because they are "right" morally (Ex. 
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