(1) Recognize ethical dilemmas and questions that arise is business practice; (2) Apply ethical frameworks to these dilemmas and questions; (3) Evaluate ethical analyses of business practices; and
(4) Construct unique philosophical arguments concerning the nature of ethical practice in business and about applied issues in business practice.
Learning Outcomes These reading questions serve two purposes: (1) Guide reading to pick out important information. Please note that these questions do not capture ALL important material. They merely help guide students in recognizing philosophical content. (2) Provide examples of the kinds of questions that will appear on exams Directions “Short answer” questions should be answerable in 3-6 sentences. “Discussion/Essay” questions should be answerable in a short, 4-5 paragraph essay. An answer to a discussion question should include a thesis (topic) statement that explains your overall answer and should provide support for your thesis statement in supporting paragraphs. Lecture 1 (September 10)
1. Short answer: Define “business ethics.”
Lecture 2 (September 12)
2. Short answer: On Sen’s account, how has Adam Smith’s butcher/brewer/baker statement been misinterpreted? What is Sen’s interpretation of this passage? 3. Discussion/Essay: How does the discussion of public goods indicate a need for business practice to include an ethical analysis?
Salazar (September 19)
4. Short answer: What is the Categorical Imperative? How does it function in a Kantian framework for ethics? 5. Discussion/Essay: Using a Kantian framework, evaluate the claim that profit-maximization is a central goal of business ethics. 6. Discussion/Essay: How is a Kantian framework limited in assessing benefits and losses to all stakeholders? Meeler (September 24) 7. Short answer: Explain the central moral principle of Utilitarianism? 8. Discussion/Essay: Is Meeler correct or incorrect to argue that, according to a Utilitarian framework, direct consequences should be the ones we are mainly concerned with? Explain.
Friedman (September 26-October 1)
9. Short Answer: According to Friedman, in what sense is a corporation a person? 10. Short answer: Summarize the objection to the shareholder view that Friedman considers. 11. Discussion/Essay: What is Friedman's view about the relationship between business and government? How does it support Friedman's argument? Does such a relationship obtain in our contemporary society? 12. Discussion/Essay: How does Friedman appeal to socialiam in his argument, and how successful is this appeal?
Freeman (October 3)
13. Short Answer: Contrast narrow and wide definitions of stakeholder groups. 14. Short Answer: Define and provide examples of a fiduciary relationship. 15. Discussion/Essay: On Freeman's view, why are corporations more than artificial persons?
Heath (October 10)
16. Short answer: Contrast Freeman and Heath's interpretation of what increased legal/government regulation of business entails for corporate social responsibility. 17. Short answer: According to Heath's argument, what point is common to his Market-Failures Model, the Shareholder Model, and the Stakeholder Model? 18. Discussion/Essay? According to Heath, the Market-Failures Model is a robust revision of Friedman's Shareholder Model. However, we saw that the Shareholder Model is limited in its ability to recognize the rights and interests of non-shareholder stakeholder groups. Based on Heath's arguments, how would we include stakeholders within the Market-Failures Model?
Hobbes (October 15)
19. Short answer: What three principles motivate altercations between people? Explain each principle in a...