Business Ethics Consider the following questions from your s
Business Ethics Consider the following questions from your studies in business ethics. Use your own words and go into some detailwhen responding to each question; a 3-4 sentence response should be sufficient for most questions; feel free to single-space. You may refer to academic online library and outside resources, but I am looking for your individualanalysis in every response. Make sure to focus your responses on the ethical aspects of the issue in question andrespond to all parts of the question directly. (Most questions require a brief explanation of the concept plus your ethicalanalysis). Be sure to state your reasons “Why” and back up your claims with good reasoning Remember to use yourown thoughts, words, examples… This exam is a skills assessment, so show me what you know! Additional tips: Avoidrepeating information from one response to another. Do not use materials you have previously submitted in the course.Pay attention to the # of items requested, (e.g. “concerns” requires more than one). There is not much need to researchexternal material online, as I am interested in your original thoughts. Exercise extreme caution in avoiding plagiarism, as the consequences are severe. Each question is worth one point; a total of 10 points can be earned. 1) What are we basically seeking in the study of philosophy? And how do we go about making ethical decisions?2) What are the fundamental issues and concerns at the basis of the study of business ethics?3) How could the theory of Duty Ethics best guide business management practices?4) How could the theory of Utilitarianism be most useful in determining when Minnesota businesses should re-open in our current situation?5) What do you make of the premise that the social responsibility of business is only to increase its profits?6) Can you make an argument that Stakeholder theory is a morally superior method of conducting business?7) The film “The Corporation” generally painted the conduct of businesses as unethical. Can you point to anyspecific corporations that have, to the contrary, conducted themselves quite ethically over the years?8) With so many different cultural practices in business globally, how can US companies engage and compete inthe global market while upholding their own values?9) What do you believe to be the proper role of government in regulating corporate activities in light of changingclimate conditions?10) What might hinder a company’s willingness to comply with its own stated values?
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