Individual Quiz

1) What is Ethics?
Tools to determine whether or not we should do a certain action and the
extent to which a past action should have been done.
Author: David Cruise Malloy, Ph.D., Professor, 1
Phillosopher: Aristotle (1992) Nichomachean Ethics
2) Ethics in Literal Meaning
Ethics are coming from the Greek word which is ethos means the
characteristic of a culture, era or community as seen in its beliefs and
aspirations. It is also involved habit or custom and combination of character
and habit to define how is individual choose to interact with each other and
society. On the other hand ethics also to establish a set of duties that a
person need to do for themselves and to one another. 2
3) What is the relationship between ethics & laws
i.
Most of the time any ethical considerations are also legally enforceable
like contract in business when two or more parties agree to something
ii.

they should honor the agreement.3

In false representation where someone falsely present a material or
fact to other party with the intention in getting that person to part with
something valuable. As for example like car salesman sell a used car to
his customer as if the car is brand new, which cause the customer to
pay the price with the new car instead with the price of a used one.
Clearly, such action is unethical as well as legally actionable. 4

1 David Cruise Malloy, Understanding the Nature of Ethics, Values, and Purposes of
Business, Health Care and Law: Implications and Applications for Community Sport,
retrieved on September 17, 2014
2 John A. Tarantino and Katy A. Hynes, 2012, Truth in Ethics: Law v. Ethics, retrieved
on September 17, 2014
3 WiseGeek, http://www.wisegeek.com/what-is-the-relationship-between-businessethics-and-the-law.htm, (retrieved on September 17, 2014)
4 WiseGeek, http://www.wisegeek.com/what-is-the-relationship-between-businessethics-and-the-law.htm, (retrieved on September 17, 2014)

iii.

Advertising. False advertising is unethical and against the law. If a

product is being advertised, the seller should not switch tactics if they
put lower price they should sell with lower price. 5

4) Characteristic of Business Ethics

I.
Mission and Value-driven6
II.
Stakeholder Balance7
III.
Leadership Effectiveness8
5) Theories
i.
Kantian Theory
The theory explained about respect for people principle where any
business practitioner that put money on a par with people is immoral. 9
ii.
Utilitarianism Theory
The theory explained about the rightness or wrongness of an action
should be based on the results produce by actions. 10
iii.

5 John A. Tarantino and Katy A. Hynes, 2012, Truth in Ethics: Law v. Ethics, retrieved
on September 17, 2014
6 Alexandre Ardichvili, James A. Mitchell & Douglas Jondle, 2009, Characteristic of
Ethical Business Cultures, retrieved on September 16, 2014.
7 Alexandre Ardichvili, James A. Mitchell & Douglas Jondle, 2009, Characteristic of
Ethical Business Cultures, retrieved on September 16, 2014.
8 Alexandre Ardichvili, James A. Mitchell & Douglas Jondle, 2009, Characteristic of
Ethical Business Cultures, retrieved on September 16, 2014.
9 Norman E. Bowie, Business Ethics and Normative Theories, retrieved on
September 17, 2014
10 Business Ethics : Utilitarianism,
http://ww2.it.nuigalway.ie/staff/h_melvin/prof_skill/L2_handout.pdf, retrieved on
September 17, 2014