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A2 Business Ethics Flashcards | StudBud
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A2 Business Ethics
A2 Business Ethics
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Key terms and key ethical ideas applied to Business Ethics for OCR A2 Religious Studies
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1
'the best business transactions are the ones in which the best result is achieved'
Virtue Ethics
Kantian Ethics
Natural Law
Utilitarianism
2
'employers as well as the employees must show character such as honesty, prudence, and fairness
Virtue Ethics
Situation Ethics
Kantian Ethics
Natural Law
3
'employees and consumers should not be treated as means to an end – even if that end is profit'
Virtue Ethics
Kantian Ethics
Utilitarianism
Natural Law
4
Economic development that is conducted without depletion of natural resources
Globalisation
Sustainable development
International development
Unsustainable development
5
'businesses behaving morally in order to impress consumers is not truly moral'
Kantian Ethics
Utilitarianism
Situation ethics
Natural Law
6
What is a 'Shareholder'?
Someone who works in a business
Someone who shares the values of a business
an owner of shares in a company
a person with an interest or concern in a business
7
What is a 'Stakeholder'?
an owner of shares in a company
Someone who invests in a company
Someone who takes a cut of a business' profits
a person with an interest or concern in a business
8
In business what is a NGO?
National gamekeepers organisation
National global organisation
National governmental organisation
Non-governmental organisation
9
The process of business developing international influence or operating internationally
Globalisation
Localisation
Sustainability
Growth
10
'co-operation should triumph over competition'
Utilitarianism
Natural Law
Virtue Ethics
Situation Ethics