To be a good corporate citizen. The straw man approach of righteous moralism is typically associated with managers from: The practice of "gift giving" between the parties to a business negotiation is considered right and proper behavior in many Asian cultures. The utilitarian philosophy for business ethics primarily focuses on: c. Economic sustainability B. Asian countries are still under the influence of totalitarianism. c. Both (i) and (ii) are true. Which of the following ethical theories believes in the well-being of maximum people using the fairest means available? d. Ethical relativism. Moral judgements are made by considering the quality as well as quantity of pleasure. . d. Opportunism, 57. Justice theories primarily focus on: A. Brain Wing Inc. has won the bid to build airplanes for a host country government. Which of the following statements is a feature of the Foreign Corrupt Practices Act (FCPA)? 2. The most important point made was the issue of . a. Deontological theory Which of the following refers to the idea that socially responsible companies will outperform their peers by focusing on the world's social problems and viewing them as opportunities to build profits and help the world at the same time? Facilitating payments are payments to secure contracts that otherwise would not be secured. A. Virtue ethics D. Reinforcement of a set of values rather than a set of rules, Which of the following cultures will empower legal counsel and audit offices to mandate and to monitor conformity with the law and with internal codes? Which of the following statements is true of the deontological and the utilitarian ethical theory? Maria is a very soft spoken girl and she hardly hurts anybody. Multiple-Choice - Oxford University Press 68. Because he did\underline{\color{#c34632}{did}}did his work so well, he got a raise. Which of the following best describes Utilitarianism? The veil of ignorance, a conceptual device designed by John Rawls, supports: D. Corporate cultures in a global firm differ significantly across different countries. C. When the issue is presented from the start They are standards of appropriate and proper behavior. While making a business decision, a manager who believes in rights theories is most likely to focus on: C. C. ethical expectation that society has for business. Solved Which of the following statements is TRUE? Group of | Chegg.com D. ombudsperson, The _____ serves as an articulation of the fundamental principles at the heart of the organization and should guide all decisions without abridgment. According to the pyramid of corporate social responsibility, which component includes the behavioral aspect of corporate social responsibility, that is being meticulous and trustworthy. 2.2 Utilitarian Ethics - Ethics in Law Enforcement D. considering the consequences of our actions. C. Corporate cultures influence, limit, and shape the decision making within a firm. 09/13/2022 1.2. b. This illustrates _____. Which of the following statements about utilitarianism is true A E. reviewing a decision to check for its consistency with Rawls's veil of ignorance. D. Utilitarian philosophy E. Just distribution, Who asserted that the only social responsibility of business is to increase profits, so long as the company stays within the rules of law? b. Code of ethics D. Virtue ethics, Identify the view which holds that people act only out of a self-interest. d. Cause-related marketing, 34. c. Moral relativism d. physical sustainability. or right to hold personal property. B. following the rules, regardless of consequences. % d. Virtue ethics. However, some Westerners view the practice as a form of bribery, and therefore unethical, particularly if the gifts are substantial. A. rights-based framework of ethics If a sentence is already correct, write C after it. creates win-win situation C. is difficult to implement because it is hard to tell how one decision will impact a large number of peopleD. True According to philosophical ethics, a simple acceptance of customary norms is an adequate ethical perspective. "The only reason they did not notice the pilferage happening is because it involved the theft of such small quantities of goods over a long period of time." His policy does not always lead to profits because of the vast cultural differences between the two nations. Auditing decisions to make sure they are consistent with the company's moral principles B. Identifying the ethical principles followed by competing companies c. philanthropy Hence, the company has a zero- tolerance approach toward grease payments irrespective of any of its host nations' perspectives toward such payments. C) It. 75. A. Whistle-blowing A. B. Corporate social responsibility host nation. True D. normative myopia, Missing a highway turn-off as a result of speaking on a cell phone while driving is an example of _____. and decision making. c. The deontological theory states that people should adhere to their duties when analyzing an ethical dilemma, while the utilitarian ethical theory is founded on the ability to predict the consequences of an action. d. focus on societal expectations. D. ensure a business receives the standard treatment that it ought to receive. Which of the following statements is true of rule utilitarianism? A. unrealistic performance expectations. False, 15. a. d. Ethnocentric morality, 36. The Friedman doctrine B. Kantian ethics Morals are rules that people develop as a result of cultural values and norms. The pyramid of corporate social responsibility presents ethical responsibilities as the foundation for the other three responsibilities. Environmental sustainability b. situations where one is required to decide between different ethical theories. A. utility, virtue, and values. B. principle-based framework of ethics b. effect-related marketing b. A utilitarian will always keep his promises to a friend and follows the law. 28. 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? Killing whales is always wrong, no matter the reasoning. care about the ethics of research process at all. Which of the following statements is true of facilitating payments? C. Customer-based a. Preconventional morality B. Leon Sullivan C. Garrett Hardin D. Milton Friedman E. Carol Gilligan. Teleological ethics | philosophy | Britannica Shareholders Foreign Corrupt Practices Act (FCPA) was enacted because congress was concerned about Rule utilitarianism A marketing decision maker who is concerned only with whether a proposed action is legal and how it will be viewed by others is demonstrating which level of ethical development? C. Principles Such payments are typically referred to as: c. Conventional morality Which of the following ethical theories believes that people should abide by their obligations and duties when stuck in an ethical dilemma? False True 2. B. What ethical theory has Mark displayed in this case. Moral relativism C. Ensuring that a fair decision is an impartial decision A. Altruism D. Training managers to avoid moral imagination and veil of ignorance b. Moral relativists believe that an act is always ethically wrong if it is legally wrong. The fast paced world of business allows little time for contemplation on ethics. D. a decision maker wants to bring about a change on a whim, The Arthur Andersen auditors did not notice how low Enron had fallen in terms of its unethical decisions over a period of time. D. Immanuel Kant E. David Hume, Cadmium Technologies Inc. believes that the sole purpose of its existence is to maximize profits for its stockholders. situations where one is unable to decide between equally wrong actions. Solved *ETHICS Which of the following statements is TRUE of - Chegg Which of the following is a true statement about norms? C. Change blindness B. B. Egoism a. c. Casuist ethical theory Hogg was touched by tragedy, and has allowed the trauma to dominate his life. C. customs duties. b It is an effective internal control of behavior. C. It applies most appropriately to ethical. B. shun the concept of noblesse oblige. D. apartheid laws. which of the following is not an ethical principle? D. change blindness, The omission known as change blindness occurs when _____. Comparing and weighing the alternatives It holds that the ethical significance of any action can be determined by looking at the conseque. B. Integrity-based 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. 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? c. Local communities E. social responsibilities. A. virtue ethics D. ensuring justified treatment of any minority. C. partner A person who follows the deontological theory will produce inconsistent decisions because they are be based on the individual's choices. a. culture Corporate cultures remain unaffected even in the presence of strong business leaders. b. rule utilitarianism c. Casuist ethical theory Which of the following is most likely to lead to unethical behavior in a business setting? Which of the following statements are true about Utilitarianism? a. It A) It upholds adhering to a set of principles that may forbid an act that might otherwise provide overall good consequences. Answered: Discussion 3.1 Comparing the | bartleby D. Large business corporations making social investments in host countries c. A utilitarian is not necessarily concerned with the welfare of others. situations where one needs to decide between deontology and utilitarian ethics. During his tenure, he has witnessed numerous incidents of ethical misconduct. b. Postconventional morality D. considers payment of speed money to be moral, but illegal. D. Marxism. a. If there is more than one definition, use one that emphasizes the meaning of the root. A. Group of answer choices Utilitarianism is a consequentialist approach to ethical dilemmas The "New York Times" test is an example of a consequentialist approach to ethical dilemmas A virtue ethics approach developed from a deontological approach to ethical dilemmas d. Economic responsibilities, 35. 65. She does not raise her voice when she speaks and is very careful about the way she speaks and the words she chooses. B. C. change blindness c. moral relativism It fails to consider the benefits, costs, and risks of a course of action. When the ethical predicament of the situation is hard to determine Which of the following statements is CORRECT? c. cause-related marketing D. Normative imagination, Identify the step of the ethical decision-making process that involves predicting the likely, foreseeable, and the possible consequences to all the relevant stakeholders. b Decisions must benefit the maximum number of people through the fairest and most universally just means available. E. tax exemptions that are given only to local companies but not to foreign companies. He will be concerned about how he sees and judges himself over the long run. C. Sullivan's principles countries. A. _____ directs us to decide based on overall consequences of our acts. A business firm is collaborating on an initiative with a nonprofit organization by providing public-relations training to working professionals throughout a country. D. varying ethical standards in different nations. a. 11. B. Redlining A. a. C. it differs significantly across different countries in a global firm a. social sustainability. Finally he gets depressed and steals food from some people who buy delicious food from a local restaurant. b. a code of ethics was absent from his firm D. actions that maximize the profit of an organization. C. ethnocentrism. A. a. Self-regulation refers to the voluntary acceptance of norms established by nongovernmental entities. Customers B. rationality. b. He operates at the postconventional level of morality while making ethical decisions. B. excise taxes. D. classicism, Free market economics is grounded in the _____. Business attracts people from diverse backgrounds, which makes it difficult to identify ethical standards agreeable to everybody. Utilitarianism is an ethical theory that determines right from wrong by focusing on outcomes. A. Deontology b. Business decisions made by managers of Neon Synergy will be solely based on the goal of maximization of societal good. False, 12. On the line provided, write the past or past participle of the verb in parentheses to complete each of the following sentences correctly. determined by looking at the consequences of that act. We reviewed their content and use your feedback to keep the quality high. A. Utilitarianism D. Ethics of principles is based on consequences, whereas utilitarianism is based on rules. 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. Which of the following statements about sentence length is true? Actions are right or wrong based upon whether they produce happiness or unhappiness b. C. A values-based culture (drink). B. Boy Scouts have a moral obligation to help the elderly cross the street. D. Adopting an organizational culture which emphasizes that all decisions should be purely C. cultural pluralist. B. d. Moral relativism, 47. A. lack cultural sensitivity. d. affinity marketing. B. Which of the following statements is true of ethics? E. geographical distance between employees and the parent company. d. Fewer people will be affected by the negative outcome. What was an important effect of blackstone's commentaries of the laws of england? Which of the following statements is true regarding utilitarianism? A 4. c. Rule utilitarianism Which of the following statements are true? I. Utilitarians claimed Twenty percent of the fee that the participants would pay is given to the nonprofit organization. C. managers establishing a moral intent. Which statement is true of cause marketing? Jonathan is the manager of his company's facilities in the Philippines. B. descriptive ignorance c. It is permissible to lie to someone if it helps many other people. C. makes grease payments mandatory in order to obtain exclusive preferential treatment in a C. Hiring independent auditors to ensure that subcontractors used by the company are living (leeward; windward). c. Silver Meteorite Inc. is a multinational company whose home country, Palumbia Republic, considers grease payments as both illegal and unethical. a. Solved Which of the following statements about | Chegg.com D. They consist of guidelines for bringing about positive behavioral change. According to the theory of rights: c. Rule utilitarianism D. political and economic freedom. Both theories compare a current ethical dilemma with similar examples. a. Preconventional morality D. hiring only those people who are relatives of current employees. a. B. the moral worth of actions. C. Legal compliance d. A utilitarian compares similar predicted solutions and uses a point system. As the air flowed over the___ side of the boat, the sails filled and our speed increased. E. teleological theory. d. green marketing, 69. supports the belief that life should be fair E. is easy to implement because of its childlike simplicityANS: C C. Multinational corporations altering the laws of a host country to suit their businesses Which term refers to the optimum utilization of assets so that a firm continues making profit in the long run? c. Both theories have flaws associated with predicting the future consequences of an action. When making an ethical decision, if there is strong consensus among coworkers that an action may bring harm to others, which of the following is most likely to occur? a. Deontological theory making ethical decisions. d. Utilitarian ethical theory, 66. E. Ethnocentrism. It includes the formulation of moral rules that have direct implications for what human actions, institutions, and ways of life should be like. This behavior of the company illustrates the straw man approach of: b. Postconventional morality B. person is possible. B. descriptive ignorance 62. It describes a marketing relationship based on a straight donation. Consequences are the only important consideration. ethics? They emphasize obedience to the rules as the primary responsibility of ethics. d. Stakeholder theory, 44. c. It is predominantly characterized by an egocentric viewpoint of an individual. A. C. universal rights, cultural norms, and morals. B. organizational leadership. 1 0 obj c If a company does not make a profit, then the other 3 responsibilities - legal, ethical and philanthropic are moot. Accounting questions and answers. Employees C. The Universal Declaration of Human Rights D. Veil of ignorance B. the attainment of fair and equitable distribution of economic goods and services. Making a decision B. judging the ethics of the proposed strategic decision. Which of the following statements is true of ethics? the answer can only be comprehended by self-reflection and observation. Consequently, his employees also engage in the same behavior. Which of the following statements is true of facilitating payments?

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