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CHAPTER 3 DISCUSSION QUESTIONS 1) Explain what an "externality" is. 2) Explain what happened in the Anderson v. General Motors case. 3) What is meant by "the science of exploitation?" 4) What happened in the 1911 Triangle Shirtwaist Factory disaster? 5) What was passed in 1938 by President Roosevelt's administration that banned sweatshops, child labor, & industrial homework?
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
ANDERSON V. GENERAL MOTORS
COST-BENEFIT ANALYSIS: -“A REPORT GENERATED TO DETERMINE HOW WELL, OR HOW POORLY, A PLANNED ACTION WILL TURN OUT.” 1) IDENTIFIES, QUANTIFIES, & ADDS ALL THE POSITIVE FACTORS (BENEFITS). 2) IDENTIFIES, QUANTIFIES, & SUBTRACTS ALL THE NEGATIVE FACTORS (COSTS). 3) THE DIFFERENCE BETWEEN THE 2 INDICATES WHETHER THE PLANNED ACTION IS ADVISABLE.
WHAT IS THE “SCIENCE OF EXPLOITATION?” “ A BUSINESS PRACTICE WHEREBY CORPORATIONS TAKE ADVANTAGE OF CHEAP, FOREIGN LABOR IN ORDER TO MANUFACTURE PRODUCTS CHEAP & MAXIMIZE PROFIT.”
CLIP 7: MONSTROUS OBLIGATIONS
ETHICS -A SYSTEM OF MORAL PRINCIPLES RELATING TO HUMAN CONDUCT. -A BRANCH OF PHILOSOPHY. -KNOWN AS “MORAL PHILOSOPHY.” -SEEKS TO ADDRESS HOW A MORAL OUTCOME CAN BE ACHIEVED IN A SPECIFIC SITUATION. MORALITY: -A CODE OF CONDUCT ABOUT WHAT IS RIGHT VS WHAT IS WRONG. UTILITARIANISM: -AN ETHICAL THEORY THAT ARGUES THE MORAL WORTH OF AN ACTION IS DETERMINED BY ITS OUTCOME. -“THE GREATEST GOOD FOR THE GREATEST NUMBER OF PEOPLE.”
WHAT ARE ETHICAL/MORAL DECISIONS THAT “CORPORATIONS” NEED TO MAKE?
OFFSHORING “ THE RELOCATION BY A COMPANY OF A BUSINESS PROCESS FROM ONE COUNTRY TO ANOTHER.”
ANIMAL TESTING
INDIRECTLY MARKETING ADULT PRODUCTS TO MINORS
CORPORATIONS LEGALLY ARE A “PERSON” BUT THEY ARE NOT PHYSICALLY A PERSON. THEY DO NOT HAVE THE ABILITY TO MAKE ETHICAL/MORAL DECISIONS, BUT……………….. PEOPLE DO.
WHY DOES OUR SOCIETY HAVE LAWS & RULES? OBJECTIVE VS SUBJECTIVE OBJECTIVE:   -”NOT INFLUENCED BY PERSONAL FEELINGS OR PREJUDICE.” SUBJECTIVE:   -”INFLUENCED BY PERSONAL FEELINGS OR PREJUDICE.” RIGHT VS WRONG RATIONALIZE: -”TO INVENT PLAUSIBLE EXPLANATIONS FOR ACTIONS, DECISIONS, ETC.”
INDIVDUAL ETHICAL DECISIONS -MONEY ON THE GROUND. -CASHIER GIVES YOU TOO MUCH CHANGE. -TAKE HOME EXAM ON HONOR SYSTEM.

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The corporation chapter 3

  • 1. CHAPTER 3 DISCUSSION QUESTIONS 1) Explain what an "externality" is. 2) Explain what happened in the Anderson v. General Motors case. 3) What is meant by "the science of exploitation?" 4) What happened in the 1911 Triangle Shirtwaist Factory disaster? 5) What was passed in 1938 by President Roosevelt's administration that banned sweatshops, child labor, & industrial homework?
  • 2.
  • 4. COST-BENEFIT ANALYSIS: -“A REPORT GENERATED TO DETERMINE HOW WELL, OR HOW POORLY, A PLANNED ACTION WILL TURN OUT.” 1) IDENTIFIES, QUANTIFIES, & ADDS ALL THE POSITIVE FACTORS (BENEFITS). 2) IDENTIFIES, QUANTIFIES, & SUBTRACTS ALL THE NEGATIVE FACTORS (COSTS). 3) THE DIFFERENCE BETWEEN THE 2 INDICATES WHETHER THE PLANNED ACTION IS ADVISABLE.
  • 5. WHAT IS THE “SCIENCE OF EXPLOITATION?” “ A BUSINESS PRACTICE WHEREBY CORPORATIONS TAKE ADVANTAGE OF CHEAP, FOREIGN LABOR IN ORDER TO MANUFACTURE PRODUCTS CHEAP & MAXIMIZE PROFIT.”
  • 6. CLIP 7: MONSTROUS OBLIGATIONS
  • 7. ETHICS -A SYSTEM OF MORAL PRINCIPLES RELATING TO HUMAN CONDUCT. -A BRANCH OF PHILOSOPHY. -KNOWN AS “MORAL PHILOSOPHY.” -SEEKS TO ADDRESS HOW A MORAL OUTCOME CAN BE ACHIEVED IN A SPECIFIC SITUATION. MORALITY: -A CODE OF CONDUCT ABOUT WHAT IS RIGHT VS WHAT IS WRONG. UTILITARIANISM: -AN ETHICAL THEORY THAT ARGUES THE MORAL WORTH OF AN ACTION IS DETERMINED BY ITS OUTCOME. -“THE GREATEST GOOD FOR THE GREATEST NUMBER OF PEOPLE.”
  • 8. WHAT ARE ETHICAL/MORAL DECISIONS THAT “CORPORATIONS” NEED TO MAKE?
  • 9. OFFSHORING “ THE RELOCATION BY A COMPANY OF A BUSINESS PROCESS FROM ONE COUNTRY TO ANOTHER.”
  • 11. INDIRECTLY MARKETING ADULT PRODUCTS TO MINORS
  • 12. CORPORATIONS LEGALLY ARE A “PERSON” BUT THEY ARE NOT PHYSICALLY A PERSON. THEY DO NOT HAVE THE ABILITY TO MAKE ETHICAL/MORAL DECISIONS, BUT……………….. PEOPLE DO.
  • 13. WHY DOES OUR SOCIETY HAVE LAWS & RULES? OBJECTIVE VS SUBJECTIVE OBJECTIVE: -”NOT INFLUENCED BY PERSONAL FEELINGS OR PREJUDICE.” SUBJECTIVE: -”INFLUENCED BY PERSONAL FEELINGS OR PREJUDICE.” RIGHT VS WRONG RATIONALIZE: -”TO INVENT PLAUSIBLE EXPLANATIONS FOR ACTIONS, DECISIONS, ETC.”
  • 14. INDIVDUAL ETHICAL DECISIONS -MONEY ON THE GROUND. -CASHIER GIVES YOU TOO MUCH CHANGE. -TAKE HOME EXAM ON HONOR SYSTEM.