While It Is Easy to Criticize Business for Moral and Ethical

question 163

Multiple Choice

While it is easy to criticize business for moral and ethical shortcomings,it is important to remember that:

• A)when in Rome,do what the Romans do.
• B)the ends justify the means.
• C)each of us have moral shortcomings as well.
• D)values must sometimes be compromised to satisfy investors' demand for profits.

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Definitions:

Nominal Fallacy

The misconception that naming something explains it, without understanding the underlying causes or nature of what is being named.

Instinct Theories

Theories that propose individuals are driven to behave in certain ways due to evolutionary programmed instincts.

Labeling

The process of identifying and naming behaviors, conditions, or phenomena, often leading to the categorization or stigmatization of individuals within societal contexts.

William McDougall

A British psychologist and one of the founding figures of social psychology, known for his work on instinct and the social nature of human beings.