- 20 Marks
CSME – Nov 2020 – L2 – Q4 – Ethics in Business
Clarify the relationship between ethics and law, explain moral dilemmas, and critique consequentialist theories of ethics.
Question
As a professional accountant, it is important that you are ethical in carrying out your professional responsibilities. This requires, among other qualities, a good ethical foundation consisting of a clear understanding of what ethics is all about.
You are required to:
a. Clarify the relationship between ethics and law. (3 Marks)
b. With the aid of an appropriate example, explain the nature of a moral dilemma. (5 Marks)
c. Present a critique of consequentialist theories of ethics in relation to TWO of its general criticisms and the profit-making objective in business. (12 Marks)
Find Related Questions by Tags, levels, etc.
- Tags: Consequentialist Theory, Corporate Governance, Ethics, Moral Dilemma
- Level: Level 2
- Topic: Corporate Governance, Ethics in Business
- Series: NOV 2020
Report an error