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Business Ethics OCR A-Level Flashcards | StudBud
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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
'employees and consumers should not be treated as means to an end – even if that end is profit'
Utilitarianism
Natural Law
Virtue Ethics
Kantian Ethics
2
What is a 'Stakeholder'?
Someone who takes a cut of a business' profits
a person with an interest or concern in a business
an owner of shares in a company
Someone who invests in a company
3
The process of business developing international influence or operating internationally
Sustainability
Localisation
Growth
Globalisation
4
What is a 'Shareholder'?
an owner of shares in a company
Someone who works in a business
Someone who shares the values of a business
a person with an interest or concern in a business
5
'businesses behaving morally in order to impress consumers is not truly moral'
Utilitarianism
Kantian Ethics
Situation ethics
Natural Law
6
'the best business transactions are the ones in which the best result is achieved'
Kantian Ethics
Virtue Ethics
Utilitarianism
Natural Law
7
Economic development that is conducted without depletion of natural resources
Globalisation
International development
Unsustainable development
Sustainable development