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Raw 7 Card List
The following is a list and description of the most important words or concepts that Donaldson and Dunfee use in their article.
Social Contract
As applied in business ethics, a social contract is an agreement that a business has with every other individual within a society. It includes the obligations that all businesses owe to the communities in which they carry out their operations.
Macro-social contract
A macro-social contract is a social contract in which a business owes its obligations, such as corporate social responsibility to the world in which it operates as a whole.
Bounded Moral Rationality
This concept is a phenomenon that derives from the acknowledgement that human cognition is subject to serious physical and psychological limits. Bounded moral rationality is viewed in the light of the common difficulty involved in using ethical theories that are in existence to resolve ethical dilemmas that prove to be difficult. According to Donaldson
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