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

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Business Ethics Unit 1 – Study Guide Topics covered by the test: This first test will focus on material from the lectures based on James Rachels’ book The Elements of Moral Philosophy , which was listed as a supplemental text for this course. Unless you purchased the supplemental text, which was not required, you will have to rely on your personal notes from class and on the notes pages of the PowerPoint presentations for your preparation for the test. Along with the discussion regarding what morality is, the following worldviews will be covered on the test: Cultural Relativism- the concept that morality varies from one culture to another and that “right” and “wrong” are therefore defined differently, different societies have different moral codes, no objective standard or universal truths, our moral standard is not special, if that society says it is right than it is, it is arrogant for us to judge others Ethical Egoism- defines right or acceptable actions as those that maximize a particular person’s self-interest as defined by the individual, helping others does no good, it robs people of their values and there is hidden universal rules Utilitarianism- defines right or acceptable actions as those that maximize total
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