ADMS 3660 Study Guide - Midterm Guide: Ethical Egoism, Corporate Social Responsibility, Psychological Egoism
23 Nov 2016
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Quick notes: ethics is the study of morality. Values shape o(cid:374)e(cid:859)s ethi(cid:272)s: elements of moral judgement: powers and vogel: 1. moral imagination 2. A sense of moral obligations: a pluralistic society is one in which there is a wide decentralization and diversity of power concentration. Influenced also by affluence, awareness, education, rising expectations, entitlement mentality, rights movements, victimization philosophy: levels of power: epstein identified four such levels: macro level refers to the corporate or business system, the totality of business organizations. Power here emanates from sheer size and dominance of the corporate system. Intermediate level: refers to several firms or a group of corps acting in concert in an effort to produce a desired effect like raise prices, control prices, dominate purchasers, pass or defeat legislation. Individual level; refers to the individual corporate leader exerting power. Rodick the body shop: spheres of power: arenas in which this power is manifested: economic, social/cultural, power over the individual, technological, environmental, political.
