Good ethics is good business (Edexcel A-Level Religious Studies): Flashcards
📚Flashcards
Practise the cards
15 cards from this deck
ShowHide
Practise the cards
15 cards from this deck
Main claim: good ethics & business?
Main claim: good ethics & business?
Ethical decisions lead to more profit
When did Adam Smith write about capitalism?
When did Adam Smith write about capitalism?
18th Century
Adam Smith's concept of self-interested ethics
Adam Smith's concept of self-interested ethics
Ethical egoism
Adam Smith's book on capitalism
Adam Smith's book on capitalism
Wealth of Nations
Business motivation per Adam Smith
Business motivation per Adam Smith
Profit, not benevolence
FTSE Good index purpose
FTSE Good index purpose
Ranks businesses on ethical practices
Living wages criticism
Living wages criticism
Means less profit, makes business less competitive
Body Shop animal testing stance
Body Shop animal testing stance
Never tested on animals
Body Shop takeover by L'Oreal amount
Body Shop takeover by L'Oreal amount
£652 million
Google carbon-free energy target year
Google carbon-free energy target year
2030
Google's average power reduction
Google's average power reduction
50 percent
Google's 80-20 project
Google's 80-20 project
1 day/week on personal interest projects
Ford Pinto built year
Ford Pinto built year
1970
Ford Pinto decision rationale
Ford Pinto decision rationale
Cheaper to be sued than recall cars
Act utilitarianism strength for business ethics
Act utilitarianism strength for business ethics
Allows flexibility to consider each situation