MGMT 1040 Study Guide - Final Guide: Pareto Efficiency, Business Ethics, Kantianism
18 Mar 2014
School
Department
Course
Professor
Document Summary
Mgmt 1040 3. 0 - ethics, social responsibility and sustainability. Final exam tips: write double- spaced. For the short answer questions, write more than one page for each question need to do a power- interest grid either. Case analysis structure: read the case, stakeholder table, state the moral problem in complete question form. What kind of moral dilemma?: determine the economic outcomes - define allocative efficiency/ pareto optimality. State 3 conditions for pareto optimality. Discuss 1 condition that is violated (define condition you discuss) List (don"t define) 5 problems with the law. Discuss 1 problem with the law. 1 sentence in a chart pgs 99- 100 hosmer. Utilitarian benefits (utilitarianism) - do a cost/benefit analysis (write plus and minus on stakeholder table to help) If yes, then negative rights cannot be upheld and this philosophy is moot. Mention negative and positive rights. For each of the above, state the moral principle and briefly define the ethical approach: propose solution.
