In a short essay, list and discuss the three teleological frameworks.
What will be an ideal response?
a. Ethical egoism—based on the belief that every individual should act in a way to promote himself or herself if the net result will generate, on balance, positive rather than negative results.
b. Utilitarianism—can be based on single acts of individuals (act utilitarianism) or on guiding behavior indirectly through an evaluation of ethical conduct via rules procedures (rule utilitarianism).
c. Sidgwick’s dualism—attempted to bridge the gap between the two competing frameworks of ethical egoism and utilitarianism. At the core of the argument is that both previous theories had elements of using cost-benefit analysis to help analyze the actions of individuals.
Sidgwick’s dualism attempted to resolve the fundamental difference of whether the actions for one’s self-benefit impact just the individual or others.
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Wilson is selling his home. As he starts the moving process, he is wondering what he may take with him and what he must leave behind. Assume that the contract doesn't specifically list individual items and simply says that he must leave all fixtures. In particular, he is wondering if he can take the following: his brand new refrigerator; glued carpeting in his basement; the 5- by 7-foot handmade Oriental rug in his den, and the shelving in his garage. Since you have taken a law class, he asks you for your advice. What should you tell him?
What will be an ideal response?
Although many companies in the U.S. have adopted team-based management that is very successful in Japan, U.S. managers and employees often have difficulty working in teams. This may be because:
a. Japanese managers are generally superior in motivating their employees b. the U.S. employees are not comfortable with uncertainty c. the Japanese have lower power distance and are more egalitarian d. the U.S. employees are more individualistic
________ is the perceived likelihood that performance will be followed by a particular outcome.
A. Instrumentality B. Expectancy C. Job enlargement D. Job enrichment E. Valence
A buyer or seller of stock can only recover damages if a material fact is misrepresented or omitted from company communications. All of the following are considered material facts, EXCEPT:
a. statements about corporate earnings. b. compensation of corporate officers. c. statement of corporate optimism. d. statements about corporate assets.