Exam_1: Business Ethics Study Guide: Terms & Concepts (Chapters 1–4)

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Vocabulary practice flashcards generated directly from the Business Ethics Study Guide covering key terms and concepts in Chapters 1 through 4.

Last updated 2:45 PM on 9/24/26
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60 Terms

1
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Ethics

A foundational concept listed under Chapter 1: Ethics, Business, and Critical Thinking.

2
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Adam Smith

A key individual and concept listed under Chapter 1: Ethics, Business, and Critical Thinking.

3
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Morality

A concept listed under Chapter 1: Ethics, Business, and Critical Thinking.

4
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Personal Integrity

An ethical concept listed under Chapter 1: Ethics, Business, and Critical Thinking.

5
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Social Justice

A concept listed under Chapter 1: Ethics, Business, and Critical Thinking as well as Chapter 3: Philosophical Ethics and Business Ethical Frameworks.

6
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Practical Reasoning

A type of reasoning concept listed under Chapter 1: Ethics, Business, and Critical Thinking.

7
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Theoretical Reasoning

A type of reasoning concept listed under Chapter 1: Ethics, Business, and Critical Thinking.

8
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Normative

An analytical perspective listed under Chapter 1: Ethics, Business, and Critical Thinking.

9
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Descriptive

An analytical perspective listed under Chapter 1: Ethics, Business, and Critical Thinking.

10
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Norms

A concept listed under Chapter 1: Ethics, Business, and Critical Thinking.

11
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Ethical Values

A core concept listed under Chapter 1: Ethics, Business, and Critical Thinking.

12
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Stakeholders

A key concept listed under Chapter 1 (Ethics, Business, and Critical Thinking) and Chapter 2 (Ethical Decision Making).

13
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Separation Thesis

A theoretical concept listed under Chapter 1: Ethics, Business, and Critical Thinking.

14
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Psychological Egoism

A psychological theory/concept listed under Chapter 1: Ethics, Business, and Critical Thinking.

15
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Risk Assessment

A process concept listed under Chapter 1: Ethics, Business, and Critical Thinking.

16
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Ethical Responsibilities

A core concept listed under Chapter 1: Ethics, Business, and Critical Thinking.

17
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Individual/Organizational/Social-Govt. Level of Decision Making

The three levels of decision making listed under Chapter 1: Ethics, Business, and Critical Thinking.

18
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Benefit Corporation

A corporate structure concept listed under Chapter 1: Ethics, Business, and Critical Thinking.

19
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B Corp certification

A business credential listed under Chapter 1: Ethics, Business, and Critical Thinking.

20
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Ethical Issue

A key concept listed under Chapter 2: Ethical Decision Making.

21
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Ethical Decision-Making Process

A key structured process listed under Chapter 2: Ethical Decision Making.

22
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Moral Imagination

A cognitive ethical concept listed under Chapter 2: Ethical Decision Making.

23
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Normative Myopia

A cognitive blindspot concept listed under Chapter 2: Ethical Decision Making.

24
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Inattentional Blindness

A psychological phenomenon affecting judgment listed under Chapter 2: Ethical Decision Making.

25
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Satisficing

A decision-making strategy concept listed under Chapter 2: Ethical Decision Making.

26
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Social/Institutional Roles

Role-based influences on judgment listed under Chapter 2: Ethical Decision Making.

27
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Courage

A personal virtue listed under Chapter 2: Ethical Decision Making.

28
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Peer Pressure

A social factor influencing judgment listed under Chapter 2: Ethical Decision Making.

29
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Business Ethics – Drucker article

A specific reading/topic listed under Chapter 3: Philosophical Ethics and Business Ethical Frameworks.

30
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Utilitarianism

An ethical framework listed under Chapter 3: Philosophical Ethics and Business Ethical Frameworks.

31
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Duty Based Ethics

An ethical framework listed under Chapter 3: Philosophical Ethics and Business Ethical Frameworks.

32
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Virtue Ethics

An ethical framework listed under Chapter 3: Philosophical Ethics and Business Ethical Frameworks.

33
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Consequentialism

An ethical framework listed under Chapter 3: Philosophical Ethics and Business Ethical Frameworks.

34
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Human Well-Being

A core outcome concept listed under Chapter 3: Philosophical Ethics and Business Ethical Frameworks.

35
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Free Market Approach vs. Administrative Approach

A comparative framework concept listed under Chapter 3: Philosophical Ethics and Business Ethical Frameworks.

36
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Egoism

An ethical concept/theory listed under Chapter 3: Philosophical Ethics and Business Ethical Frameworks.

37
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Deontology

An ethical framework listed under Chapter 3: Philosophical Ethics and Business Ethical Frameworks.

38
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Categorical Imperative

A central concept in deontological ethics listed under Chapter 3: Philosophical Ethics and Business Ethical Frameworks.

39
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Human Rights

A rights concept listed under Chapter 3: Philosophical Ethics and Business Ethical Frameworks.

40
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Moral Rights

A rights concept listed under Chapter 3: Philosophical Ethics and Business Ethical Frameworks.

41
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Legal Rights

A rights concept listed under Chapter 3: Philosophical Ethics and Business Ethical Frameworks.

42
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Autonomy

An ethical principle concept listed under Chapter 3: Philosophical Ethics and Business Ethical Frameworks.

43
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Immanuel Kant

A prominent philosopher listed under Chapter 3: Philosophical Ethics and Business Ethical Frameworks.

44
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Libertarian vs. Egalitarian View

Comparative socio-philosophical views listed under Chapter 3: Philosophical Ethics and Business Ethical Frameworks.

45
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Corporate Culture

The central organizational topic of Chapter 4: Corporate Culture.

46
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Organizational Norms

A cultural component concept listed under Chapter 4: Corporate Culture.

47
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Compliance-Based Culture vs. Values-Based Culture

A comparative organizational culture framework listed under Chapter 4: Corporate Culture.

48
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Ethical Leadership

A leadership concept listed under Chapter 4: Corporate Culture.

49
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Ethical Role Modeling

A leadership practice concept listed under Chapter 4: Corporate Culture.

50
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Servant Leadership

A leadership style listed under Chapter 4: Corporate Culture.

51
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Transformational Leadership

A leadership style listed under Chapter 4: Corporate Culture.

52
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Transactional Leadership

A leadership style listed under Chapter 4: Corporate Culture.

53
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Mission Statement/Vision Statement/Statement of Values

Organizational direction and values declarations listed under Chapter 4: Corporate Culture.

54
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Ethics Program

An organizational system listed under Chapter 4: Corporate Culture.

55
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Cultural Integration

An organizational process listed under Chapter 4: Corporate Culture.

56
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Whistleblowing

An ethical reporting action listed under Chapter 4: Corporate Culture.

57
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Internal/External Reporting

Reporting channels listed under Chapter 4: Corporate Culture.

58
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United States Sentencing Commission (USSC)

An official regulatory commission listed on page 4 under Chapter 4.

59
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Federal Sentencing Guidelines for Organizations (FSGO)

A regulatory guideline framework listed on page 4 under Chapter 4.

60
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Monitoring and Assessment

An organizational oversight process listed on page 4 under Chapter 4.