Business Ethics- Exam 3

What does the Catholic Church under Pope John Paul believe about globalization’s influence on prosperity, particularly for the poor and needy?

True

What does Claar suggest about Fair Trade as a viable poverty solution for poor farmers?

False

What is Colin Powell’s view on the obligation of wealthy countries to poor countries with respect to bringing them out of poverty and equalizing the global playing field?

False

What does Claar suggests is an ethical consideration for Fair Trade regarding coffee production and pricing for other local suppliers?

true

What does Claar believe about Fair Trade’s impact on incentives for coffee growers to increase product quality?

False

What is Claar’s view on providing cash incentives through Fair Trade to allow poor countries to rise above their poverty?

False

Does text suggest that if we really care about the poor, we should work to implement the principles of Fair Trade globally?

False

What is Sirico’s position on the redistribution of wealth as the best way to reduce poverty? What does he believe about entrepreneurs who understand this as an approach to business?

False

What does Sirico believe capitalism needs in order to increase profits, expand jobs, boost investments, and increase prosperity?

True

What was Brinn’s decision in his article, “Tough Business: In Deep, Swift Waters,” when faced with the decision to resign rather than implement riverboat gambling by his organization?

True

What point does Griffiths make about economic growth in countries that have chosen to open up their economies to trade and investment?

true

What point does Wydick make regarding trade’s impact on wages for poor workers in rich countries and in developing countries.

True

How does Wydick believe concerned Christians should respond to efforts by the World Trade Organization to remove subsidies for the benefit of impoverished famers in developing countries?

True

What does Wydick suggest about international trade as a remedy for poverty in developing countries?

True

What does Claar believe about Fair Trade as an incentives for coffee growers to increase product quality?

False

What are the 5 steps to resolve conflict between personal and prof ethics?

define your own personal ethics, examine your company’s ethics, read your co. code of ethics, compare where your co’s professional ethics and your own personal ethics differ, and evaluate real-world examples within your organization

5 approaches with calling & career

christ again culture, christ of culture, christ above culture, christ and culture in paradox, christ transforming culture

“Smartt’s Test”

Did I do the right thing? right thing. , Was it done the right way? right way. , Was it done for the right reason? right reason.