Ethical Theories and Their Relevance in Corporate Decision-Making
Spoken Exam Simulation
Description
This exam examines key ethical theories and their application within corporate decision-making. Understanding these theories is crucial for developing responsible corporate policies that uphold stakeholder rights.
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Exam Details
Duration: 45 minutes
Prerequisites: Introduction To Ethics, Corporate Social Responsibility
Key Topics
- Utilitarianism
- Deontological Ethics
- Virtue Ethics
- Corporate Responsibility
- Stakeholder Rights
Learning Outcomes
- Demonstrate Understanding Of Ethical Theories
- Articulate Ethical Decision-Making Processes
- Analyze Corporate Case Studies
- Evaluate Corporate Responsibility
Full Description
This examination evaluates the application of ethical theories in the context of corporate decision-making. Key theories such as Utilitarianism, Deontological Ethics, and Virtue Ethics will be critically analyzed to determine their relevance in modern corporate practices.
Understanding these theories is vital for developing robust corporate policies that align with ethical standards and promote sustainability. Corporate decisions significantly influence stakeholder rights and overall societal welfare, making theoretical comprehension essential for future professionals.
The exam assesses the candidate's ability to articulate complex ethical concepts clearly, applying theoretical foundations to practical questions regarding corporate practices. Students will discuss implications and justifications of different ethical decisions in corporate environments.
Candidates are encouraged to integrate case studies or personal insights during the discussion as these perspectives may provide depth to their arguments.
Sample Questions
- How does Utilitarianism inform corporate decision-making?
- In what ways can Deontological Ethics create conflicts within corporate environments?
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