Expert answer:Business ethics

Solved by verified expert:So this is the midterm For this I want you to do all 10 questions each one 2 papers essay so 20 pages total So i want you to prevelly stay the issue second answer the issueFor example, the company should do 1 and 2 and 3 and this is how they can do it I do not want any sources at all If you have any quasions let meknow
midterm.review.doc

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Business Ethics Midterm Exam Review
Requirements:
1. This is the *review* for the Midterm. The test will be released through Canvas about 24 hours before the due date
of the Final Exam. Check your syllabus for the due date.
2. Answers to *each* individual question should be between 2 and 3 pages in length…double spaced! This will
mean test totals should be 6 to 9 pages. Word process or type your answers! Though writing styles vary, much less
than 2 pages will probably prove insufficient and anything much longer than 4 pages will likely be ignored.
3. All margins are to be 1 inch all around. All fonts used should be in 12 point type. Do not separate
paragraphs with extra rows or returns. Microsoft Word defaults to 1.5 spacing between paragraphs, or more.
You must correct that default in your paper. Do not repeat or retype the question at the beginning of your
paper. See the sample page attached for visual confirmation of the text format required. Failure to properly
format your answers will affect your grade!
4. The test itself will be open book and open notes. That is worth repeating: you may use any material from the class
– your notes, my notes, or even the books on the test. Your answers should present your understanding and opinions
of arguments and materials covered in THIS class. First sources must be the material assigned and are necessarily
first sources. Second sources are not necessary and you will be graded not only on your understanding of the
secondary source, but also its relevance to the issue at hand.
Second sources are not acceptable on their own!
Note well, however, this is a test of your understanding of the material from this class so you would be well advised
to concentrate on the material assigned. It is not a test of your ability to transcribe quotes. For example, do not
simply list arguments advocated by one author or another. If you do list an argument in premise form, also write an
answer that demonstrates you understand the premises and how they are justified. DO NOT SIMPLY RE-STATE
CASE FACTS: ASSUME I AM FAMILIAR WITH ASSIGNED CASES. “Martin should slap the auditors
because…” is sufficient case detail.
5. The answers should be your work. DO NOT turn in any work that you did not produce by your own hand.
6. You are required to answer the underlined question or questions. The material preceding the underlined question
is meant to direct you to the relevant issues.
7. You may answer any question, but DO NOT cut and paste any old material into your new answers. Take the time
to read, understand, and rethink your old answer to make it better.
For the Midterm Exam you will be asked 5 questions chosen at random from among the following 10 questions. You
will be required to answer any 3 of those 5 that you wish.
1. It is often claimed that Act Utilitarianism cannot account for moral concepts such as promises or justice. Rule
Utilitarianism is an attempt by Utilitarians to account for these deficiencies. Does Rule Utilitarianism succeed as an
attempt to improve upon Act Utilitarianism?
2. Nozick seems to think much of what Rawls’s theory would require is actually unjust re-distribution. What is
Nozick’s argument to this conclusion? Is he right?
3. Freeman defends the Doctrine of Fair Contracts as his version of a “normative core” for stake-holder theory. How
does Freeman’s argument work, that is, what theoretical device or structure does he employ to defend stake-holder
theory. How “bold” is Freeman’s proposal to re-invent management theory?
4. What is the stake-holder paradox? How is it resolved?
5. Locke seems to think ownership and property rights are a result of one’s labor. What role does labor play in
Locke’s conception of the justification of property rights? What is the worst problem associated with Locke’s use of
labor in his theory of property rights?
6. Virtue theoretic approaches to business ethics are increasingly popular. Why is a theory of right conduct prior to
an ethics of virtue? Are there any other problems with applying virtue theory to ethics in business? Are these
arguments also good reasons to abandon virtue theory in business ethics?
7. Some people think morality has an essential or necessary connection to culture or cultural principles. Other
people disagree and argue for universal moral principles. What would (morally) justify a business in defying or
acting against local cultural norms? Feel free to use cases we have studied to answer this question.
8. What is the morally correct course of action for Dr. Roy Vagelos of Merck? Why? Be sure to show how you
arrived at this conclusion and what sort of moral reasoning you think is most relevant to his predicament.
9. What should RUN Inc.’s Martin Field do? Why? Be sure to show how you arrived at this conclusion and what sort
of moral reasoning you think is most relevant to his predicament.
10. Does Plasma, Intl. have a moral claim (or property right) to all of the money they made by selling the blood they
purchased from the West African Tribes to the victims of natural disasters in Nicaragua? Why?
The next page will demonstrate the REQUIRED format for your answers regarding type face,
margins, spacing etc.
1.
This is sufficient indentation to begin your first paragraph. Notice as well that I started
this answer at the top of page and just below the 1 INCH margin, that is, 1 INCH MARGIN
AROUND THE ENTIRE PAGE! Now suppose I am done with this very short paragraph.
See how I just hit enter /return, indented ½ an inch, and started typing again?!! There is
no additional space between paragraphs. If you add spacing between paragraphs you indicate that
you are changing the topic under discussion. I don’t care much about the font, but I do want the
tests typed in 12 point scale. This font is Times New Roman, but most anything will be accepted.
And for goodness sake, please staple your answers together! One and only one staple is necessary
if done correctly. Staplers are fairly easy to operate. Do not make an elaborate origami sculpture
out of your paper in the upper left hand corner just because you didn’t bring a stapler. I will
probably be nice enough to bring my stapler along.
Remember to hit a hard page return when you have completed an answer. The
instructions indicate that each new answer should start on a new page. Let’s assume I want to
give an extended quote or list the premises of an argument:
“Whether a quote or a list of premises, notice how the page is double indented and starts over at
the same point on the soft return. Also notice that the type face is reduced, and this part of the
paper is single spaced.
And here we are again back to normal. The purpose of all the above formatting at the quotation
section is to reduce the size of the quotation to leave you more room to expound on the meaning
of the quotation. Your words are more important than the quotations.
Good Luck!

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