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Short Answer Questions Chapter 9 Ethics Strategy 1. What is the difference between ethics and business ethics? 2. What are the strengths and weaknesses of the thesis that ethical standards are (or should be) universal? 3. Explain the difference between the school of ethical universalism and the school of ethical relativism. 4. What are the strengths and weaknesses of the beliefs and tenets underlying the school of ethical relativism? 5. Ethical relativism equates to multiple sets of ethical standards. True or false? Explain your answer. 6. What is meant by integrated social contracts theory? What is its contribution to the debate about ethical standards? 7. Explain the difference between ethical universalism and integrated social contracts theory. Which school of thought do you think is most valid? Explain the reasons for your answer. 8. Discuss briefly what is meant by the terms ethical universalism and ethical relativism. Where does integrated social contracts theory fit into the debate about ethical standards? Which of the three schools of thought stands on the strongest ground? 9. Explain the difference between an immoral manager and an amoral manager. Which type is more representative of the managerial population? 10. Identify and briefly explain the three categories of management morality. 11. What are the chief causes of unethical strategies and unethical business behavior? 12. Identify and briefly describe the three main drivers of unethical strategies and unethical managerial and business behavior. 13. What is the case for why business strategies should be ethical? 14. Identify the three types of business costs of ethical failures; provide examples for each type of cost. 15. Identify and briefly describe any three of the four approaches to managing a company’s ethical conduct? 16. Identify the four approaches