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Business Ethics OCR A-Level
Business Ethics OCR A-Level
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Key terms and key ethical ideas applied to Business Ethics for OCR A2 Religious Studies #year13
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1
The process of business developing international influence or operating internationally
Localisation
Growth
Globalisation
Sustainability
2
What is the main aim of utilitarianism?
Eudamonia
Telos
Happiness
Utility
3
What is a 'Stakeholder'?
a person with an interest or concern in a business
Someone who takes a cut of a business' profits
Someone who invests in a company
an owner of shares in a company
4
Which ethical system advocates doing your duty because it's the right thing?
Situation Ethics
Kantian Ethics
Natural Law
Utilitarianism
5
'businesses behaving morally in order to impress consumers is not truly moral'
Situation ethics
Kantian Ethics
Utilitarianism
Natural Law
6
What does CSR stand for?
Central Social Responsibility
Customer Services Responsibility
Company Social Responsibility
Corporate Social Responsibility
7
'the best business transactions are the ones in which the best result is achieved'
Virtue Ethics
Kantian Ethics
Utilitarianism
Natural Law
8
'employees and consumers should not be treated as means to an end – even if that end is profit'
Virtue Ethics
Utilitarianism
Natural Law
Kantian Ethics
9
What does Friedman say about CSR?
Businesses cannot have ethical responsibilities, only individuals can
We all have a responsibility to each other
10
What does Milton Friedman believe about the aim of business
Globalisation
To make money!
It's to change the world
To demonstrate good CSR
11
What is a 'Shareholder'?
Someone who shares the values of a business
an owner of shares in a company
Someone who works in a business
a person with an interest or concern in a business
12
Economic development that is conducted without depletion of natural resources
Sustainable development
Globalisation
Unsustainable development
International development
