Exploring the Foundations of Ethics and Business Ethics

Kirk Hanson from the Markkula Center for Applied Ethics discusses the core ideas of ethics and business ethics. He explains that ethics is the study of behavior standards promoting human welfare and the good, extending to animal welfare and the environment. Business ethics focuses on standards in business behavior. Ethics involves behavior, relationships, and is not just about feelings, religion, or law. It can be considered at individual, organizational, and societal levels. Business ethics similarly applies to individuals, organizations, and business society structures.

Who is the speaker in the video?

• Sarah Miller

• Michael Smith

• John Doe

• Kirk Hanson

What is the primary focus of ethics?

• Adhering to religious beliefs

• Guiding personal feelings

• Following the law

• Promoting human welfare

According to the video, ethics involves which of the following?

• Adhering strictly to technology capabilities

• Following societal norms

• None of the above

• How we treat one another

Which of the following is NOT a misconception about ethics mentioned in the video?

• Ethics is about following the law

• Ethics is solely based on religion

• Ethics is guided solely by personal feelings

• Ethics is about promoting human welfare

What does the speaker suggest about the relationship between ethics and law?

• Ethics is about legal compliance

• They are the same

• Laws reflect ethical standards

• None of the above

What is a key component of ethics discussed in the video?

• All of the above

• Acting on personal instincts

• Following what everyone else does

• Intellectual consideration of our actions

How does the video describe the role of conscience in ethics?

• As one of many guides

• As an irrelevant aspect

• As the only guide

• As the main legal framework

At which level is ethics NOT considered according to the video?

• Individual actions

• Organizational behaviors

• Global economic systems

• Societal systems

What aspect of ethics is emphasized in business ethics?

• Religious teachings

• Legal compliance

• Business behavior

• Personal feelings

Which of the following best describes business ethics according to the video?

• It's about following business laws

• It's about individual and organizational behavior promoting the good

• It's about maximizing profits

• It's about competitive practices