MGMT520 Final Exam Study Guide

TCO A: Given an organizational requirement to conform business practices to both the law and best ethical practices, apply appropriate ethical theories to shape a business decision.

Schools of thought

Ethical models

Ethical models guide managers to make the right decisions. Another business model is the Jennings International Enquirer Test, whose purpose is to separate the decision-maker from the business setting view, and shift to the choices and decisions from the standpoint of an objective outsider. This test was named after the author and was later on modified by another test called the National Enquirer Test. This test will be completed by "making up the worst possible headline you can think of and then re-evaluate you decision after". This has been...