Practice Approaches to Ethical Decision-Making - 26.4 | 26. Ethics and Corporate Governance | Management 1 (Organizational Behaviour/Finance & Accounting)
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Knowledge

26.4 - Approaches to Ethical Decision-Making

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Learning

Practice Questions

Test your understanding with targeted questions related to the topic.

Question 1

Easy

What does the Utilitarian approach focus on?

💡 Hint: Think about the outcomes or the consequences of actions.

Question 2

Easy

Name one characteristic of the Rights-Based approach.

💡 Hint: What should businesses prioritize regarding stakeholders?

Practice 4 more questions and get performance evaluation

Interactive Quizzes

Engage in quick quizzes to reinforce what you've learned and check your comprehension.

Question 1

What is the main focus of the Utilitarian approach?

  • Individual rights
  • Greatest good for the greatest number
  • Fair treatment

💡 Hint: Think about the consequences of actions taken for the majority.

Question 2

True or False: The Justice approach focuses solely on the outcomes of decisions.

  • True
  • False

💡 Hint: Consider what justice means in the context of business ethics.

Solve 1 more question and get performance evaluation

Challenge Problems

Push your limits with challenges.

Question 1

Consider a scenario where a new law requires reducing emissions significantly. A business can either invest heavily in technology that costs much or maintain current practices causing harm. Analyze this situation using the four ethical approaches.

💡 Hint: Think about the consequences of each action and what values are at stake.

Question 2

Imagine a company must decide whether to disclose a flaw in its product. Perform an ethical analysis from the four approaches.

💡 Hint: Consider how each approach influences the overall decision.

Challenge and get performance evaluation