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9 Cards in this Set
- Front
- Back
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Core values
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Recognized as positive ethical characteristics of an individual or business organization. Most widely accepted
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Deontology
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Theory that judges the morality of choices not by results but by adherence to moral norms.
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Public goods
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Goods that are useful to society. Require public revenues such as taxes and political support to be adequately maintained
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Social contract theorists are
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Hobbs and locke
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Social contract theory
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Sacrificing individual freedom for state protection etc
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Utilitarianism
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Theory that the "right" moral act is the one that produces the greatest good for society
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Virtue ethics
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Aristotelian perspective on finding happiness through the application of reason in human affairs
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Conscious capitalism
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Companies that practice this embrace the idea that profit and prosperity can and must go. Hand inn hand with social justice and environmental stewardship.
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Stakeholder theory
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The view that all stakeholders to a corporate decision deserve some kind of moral consideration and that corporations that keep all stakeholders in mind will, for the long term, deliver superior results to shareholders
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