Foreign Corrupt Practices Act (FCPA) was enacted because congress was concerned about endobj A. dignity. D. excise taxes. b. Which of the following occurs when a resource held jointly by all, but owned by no one, is overused by individuals, resulting in its degradation? D. Companies should place their narrow economic interests before the interests of stakeholders. B. excise taxes. False, 13. D. It overemphasizes the significance of maximization of stockholder wealth. Role ethics B. Utilitarianism is an ethical theory that determines right from wrong by focusing on outcomes. B. Utilitarians took into. According to the theory of rights: C. cultural pluralist. According to the three levels of ethical development, which statement is true of conventional morality? B. Asian countries are still under the influence of totalitarianism. True Accounting questions and answers. A. restrict its employees from joining a trade union. C. BRIC nations. d. green marketing, 69. A. Principle-based ethics A. virtue ethics A. it provides stability that can be a benefit at one time and can be a barrier to success at another The deontological theory considers the welfare of the people, while the utilitarian ethical theory does not. B. 63. Corporate dissonance B. In which level of ethical development does a person move from a self-centered viewpoint to behaviors that adhere to the norms of society? 61. C. Gamma Creators, a competing firm that produces similar quality steel rods D. The government of the home country of Elephas Class consciousness C. Corporate dynamism D. Social responsibility E. Economies of scale. Professional and personal interactions depend on ethical behavior. Adoption of which of the following ethical approaches is most likely to cause a company to use tools such as cost-benefit analysis and risk assessment to weigh all of the social benefits and costs of a business action? a. B. situations where one is required and can only carry out 1 course of . Which term refers to a type of social responsibility concerned with developing processes and structures that not only meet the needs of a current community, but benefit future generations as well? A. A. fail to take into account the ethical dimension of business decisions. Which of the following statements is true of utilitarian ethics? Which of the following ethical theories first identifies an ethical dilemma and then draws a comparison with other similar dilemmas and prior experiences to reach the best possible solution? d. Moral relativism, 23. d. The deontological theory states that the truth of a moral judgment is relative to the judging person or group, while the utilitarian ethical theory is a character trait valued as being good. A. the righteous moralist. Monitoring and learning from outcomes News headlines were constructed within three distinct categories. Rule utilitarianism A. Ethics are moral principles unrelated to the conduct of an individual or a group. B. inattentional blindness Some contemporary moral philosophers view Kant's ethical philosophy as incomplete because his system has no place for: E. respect the dignity of an individual and the right of employees to freedom of association. d. Self-regulations. He believes in ensuring the exact same standards of working conditions, wages, and labor management in the Philippines as practiced by the company's corporate office in its home country, the United States. It fails to consider the benefits, costs, and risks of a course of action. E. All property should be owned by the government and people should not have the freedom Objectivity is vital to ethical thought. False, 14. E. Identifying the stakeholders a decision would affect, Which of the following steps in ethical decision making is most likely to help businesspeople know if their decision process is working and if changes should be made to ensure greater compliance with a code of ethics? Which of the following statements is true of morals? C. fundamental human rights and privileges transcend national boundaries and cultures. A. the righteous moralist. According to this information, which of the following approaches to ethics is most likely being adopted by Cadmium Technologies? He was also known as mahatma, which means "great soul.". c. Casuist ethical theory E. Kantian ethics, Which of the following is a straw man approach to business ethics? Later, added sound effects (makes, make) the fight sound realistic to the audience. Which of the following people is MOST likely to disapprove of unethical practices more strongly than the others? Which of the following statements is TRUE of utilitarian This declaration provides different sets of fundamental rights and privileges for different cultures. Shangrilah Sandals is a manufacturing firm in a developing country, where it routinely uses grease payments to local officials to expedite overseas shipments. The animal rights position of ethics is a(n) position. Decisions must benefit the maximum number of people through the fairest and most universally just means available. C. makes grease payments mandatory in order to obtain exclusive preferential treatment in a Considering unlimited alternatives D. Such practices do not produce beneficial consequences to children. A) It upholds adhering to a set of principles that may forbid an act that might otherwise provide overall good consequences. A. Tragedy of the commons D. Sullivan's principles E. Naive immoralist, Which of the following straw men approaches to business ethics is best summarized by the maxim "When in Rome, do as the Romans"? B. E. justice theories. Which of the following terms, developed by Rawls, indicates that inequalities are justified if they benefit the position of the least-advantaged members of society? Which of the following levels of ethical development does Hallie's behavior illustrate? An action is cannot be right even if it produces the greatest amount of pleasure for the greatest number of people. The fast paced world of business allows little time for contemplation on ethics. In stating that all human beings are born free and equal in dignity and rights and that they are endowed with reason and conscience and should act toward one another in a spirit of brotherhood, Article 1 of the Universal Declaration of Human Rights echoes: countries. D. produce the greatest good for the greatest number of people. B. cultural relativism. and decision making. He does not accept bribes irrespective of the amount of money. b. c. Social control D. It asserts that managers should not follow ethical norms if they see that others firms are also not following them. a. Preconventional morality As the air flowed over the___ side of the boat, the sails filled and our speed increased. A. Altruism A. normative myopia C. Moral imagination Which of . A. Moral relativism theory A) Virtue ethics B) Utilitarianism C) Kantian categorical imperative D) Psychological egoism Answer: A Accessibility: Keyboard Navigation 3) Which of the following statements is true of utilitarian ethics? False, 20. Ethical behavior A. Kantian ethics Social sustainability E. human dignity. D. believe that, in a host country, any action is ethically justified if everyone is doing it. He will be concerned about how he sees and judges himself over the long run. D. Righteous moralism E. Naive immoralism. B. This behavior of the company illustrates the straw man approach of: (leeward; windward). B. Utilitarian A. identifying which stakeholders a decision would affect and in what ways. d A utilitarian compares similar predicted solutions and uses a point system, 72. In this sense, humans are said to have a fundamental human right of: d. Stakeholder theory, 44. Boy Scouts have a moral obligation to help the elderly cross the street. Robin, a police sergeant, believes that bribing is illegal. E. Samantha has to decide whether the annual profits of the company should be distributed to the employees as a salary hike or in the form of non-monetary benefits. According to Kantian deontology, which of the following would make an act permissible? Both theories may lead to actions that are not ethically correct. b. Sustainability A. C. Utilitarianism social costs and risks Environmental sustainability B. cultural relativism. 26. c. Utilitarian ethical theory Which of the following represents a business's concern for society's welfare? Moral relativism theory Which of the following statements best describes imperfect duties? What ethical theory has Mark displayed in this case. c. Rule utilitarianism All of the above. False Philosophical ethics distinguish what people do value from what they should value. d. It states that the management does not play a special role in the organization. B. Egoism A. supports the belief that life should be fair E. is easy to implement because of its childlike simplicityANS: C Research shows that he would observe less ethical misconduct if ________________________. Q1. a. Deontological theory c. b. Which of the following best exemplifies an ethical dilemma? c. A utilitarian is not necessarily concerned with the welfare of others. Maverick Stars Inc., a U.S.-based multinational company, applies its home-country standards of employment and production in its manufacturing facilities located in some less-developed host nations. E. cultural relativism. Example 1. D. an ethical dilemma. Which of the following refers to accepted principles of right or wrong that govern the conduct of a person, the members of a profession, or the actions of an organization. which of the following statements is true of utilitarian ethics?dog grinds teeth when settling down travel booking script barriers to female leadership ppt barriers to female leadership ppt A decision is considered ethical or not based solely on the number of people who benefit from the decision. A. Altruism True b. Group of answer choices consequentialist relativist anthropomorphic utilitarian supplimental absolutist. It includes the formulation of moral rules that have direct implications for what human actions, institutions, and ways of life should be like. a. a. a. relationship marketing Jeremy is of the view that this practice is ethical. a. C. utilitarianism When considering ethics in other countries, which of the following statements is true? A. a benevolent behavior that is considered the responsibility of successful enterprises. Which of the following statements is true of a utilitarian? It is permissible to lie to someone as long as there are no negative consequences. c. Casuist ethical theory economic E. Nations should vary the fundamental rights granted to their citizens based on their B. c. Social regulations Corporate social responsibility (CSR) refers to the: b. D. Everyone has duties to the community in which alone the free and full development of a Silver Meteorite Inc. is a multinational company whose home country, Palumbia Republic, considers grease payments as both illegal and unethical. (ii) NMAP script can be useful for automated scanning. c. It states that a company is expected to be a good citizen in its community. <> The deontological theory compares a current ethical dilemma, while the utilitarian ethical theory is a belief in time-and-place ethics. False, 16. b. b. E. Neon Synergy will follow its home-country standards of ethics at all its foreign locations. The CEO of Gold Chip Software engages in corruption and uses his power in the company to enrich himself and his family members. It holds that the ethical significance of any action can be determined by looking at the conseque. C. what is ethical depends on one's cultural perspective. Which responsibility among the 4 components of the pyramid of corporate social responsibility acts as the foundation for the other three responsibilities. The best decisions, from a utilitarian perspective, are those that produce the greatest profits for businesses. E. hire employees with strong personal ethics. C. Satisfying the maximum decision criteria Employees E. Pressuring managers to shun the concept of noblesse oblige. A. C. rights theories. A utilitarian will always keep his promises to a friend and follows the law. D. Monitoring and learning from the outcomes, Which of the following considerations can sometimes override consequences when comparing and weighing alternatives for ethical decision making? 2003-2023 Chegg Inc. All rights reserved. What was an important effect of blackstone's commentaries of the laws of england? stream Auditing past decisions C. Customer-based C) It. b. B. b. effect-related marketing Experts are tested by Chegg as specialists in their subject area. Which term refers to the optimum utilization of assets so that a firm continues making profit in the long run? Kantian ethics. c It states that a company is expected to be a good citizen in its community. a. Philanthropy should be the most important function of a corporation. In rule utilitarianism, a person makes ethical decisions that benefit the maximum number of people and is not so concerned about laws. d. Physical sustainability, 45. Who asserts that all economic goods and services should be distributed equally except when an unequal distribution would work to everyone's advantage? Underline the root of each word. 68. Which of the following statements is true about value-based cultures? B. a. or right to hold personal property. B. descriptive ignorance C. have greater social costs than benefits. In this context, Silver Meteorite Inc. is following the approach to ethics known as: A customer-based culture coordinating ethics. c. Laws Brain Wing Inc. has won the bid to build airplanes for a host country government. According to our consensus criteria, the ethical implications for humans and other organisms were only recommended for a Vision I perspective by the panel (Table 3). c. Conventional morality Mark thus starves since he does not earn for his livelihood. C. Ensuring that the economic interests of stakeholders is given prime importance Keeping in mind that each decision has a moral dimension True C. The Universal Declaration of Human Rights D. Veil of ignorance B. The CEO of United Synergy Inc., a company in its embryonic stage, believes that unethical behavior will result in premature decline of the company. Morality is the aspect of ethics that we can refer to by the phrase "_____.". a. C. Utilitarianism 09/13/2022 1.2. A. This is in contrast to: Determining the facts of the situation C. The most important point made was the issue of . B. cultural differences of countries. a. morals In rule utilitarianism, a person makes ethical decisions that benefit the maximum number of people and is not so concerned about laws. Producing the greatest good for the greatest number Which of the following statements is true of the deontological and the utilitarian ethical theory? True The company uses only organically grown grains and fruits. B. Descriptive imagination Quasio Foods Inc. is a large food manufacturing corporation that earns more profits than its competitors. c. It is predominantly characterized by an egocentric viewpoint of an individual. B. cultural relativism. Architecture; Art; Art Movements; Performing Arts; Business The utilitarian theory of ethical behavior is a belief in time-and-place ethics, that is, ethical truths depend on the individuals and groups holding them. . It is permissible to lie to someone if it was in his or her best interest. a. 64. c. It is permissible to lie to someone if it helps many other people. Which of the following philosophies of ethics holds that people should be treated as ends and never purely as means to the ends of others? d. the top managers of his firm had little control over organizational culture, a his coworkers had a strong ethical culture among themselves, Finance 3000: Corporate Finance Chapters 11-13, Byron Almen, Dorothy Payne, Stefan Kostka, John Lund, Paul S. Vickery, P. Scott Corbett, Todd Pfannestiel, Volker Janssen, The Language of Composition: Reading, Writing, Rhetoric, Lawrence Scanlon, Renee H. Shea, Robin Dissin Aufses. d. Competitors. The process of ethical decision-making or ethical algorithm typically begins with: Which of the following is a reason why a rights-based framework of ethics would object to child labor? Which ethical theory does not believe in absolute rules and states that during an ethical dilemma, a person makes the most appropriate decision by considering all the alternatives and choosing the lesser among evils as the resolution? Utilitarianism holds that the most ethical choice is the one that will produce the greatest good for the greatest number. B. ethics? Which of the following statements is true of the utilitarian approach to business ethics? B. obliging a government official with the expectation of a reciprocal favor. The pyramid of corporate social responsibility portrays philanthropic performance as the foundation for the other responsibilities. Which of the following statements is true of a utilitarian? D. Virtue ethics. Which of the following statements is TRUE of utilitarian ethics?
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