MGT 2370 Study Guide - Midterm Guide: Virtue Ethics, Multiple Exposure, Deontological Ethics

• School: Villanova University
• Department: Management
• Course: MGT 2370
• Professor: Manuela Priesemuth

Document Summary

Business ethics principles and norms that govern an individual or group an american epidemic: the quality and trust in our connections is what matters because cynicism has become. Moral principles and values govern behaviors with respect to right and wrong. Human action: pursuit of self-interest and moral commitments. Utilitarianism best decision yields greatest net benefit to society. Deontology decisions based on universal principles of (cid:498)right(cid:499) Virtue ethics being a good person, especially in a given profession. Values virtues we aspire to live by and who we want to be: pros: can rely on community standards, cons: limited agreement, community could be wrong, ethical dilemmas occurs when our values conflict. 8 steps: gather the facts, define the issue, identify affected parties, identify consequences, identify obligations, consider your integrity, think about possible actions, check your gut. Script processing cognitive memory structure that evolves over multiple exposure to the same set of stimuli.