Neon Synergy Inc. operates in three different countries, and is headed by a CEO who believes that the best approach to ethics is cultural relativism. b. All of the above. d. Economic responsibilities, 25. Which of the following statements is true of a code of ethics? c. Moral relativists believe that the most beneficial choice for the most people is ethically correct. B. a. relationship marketing a. Happiness is long-term, focusing on the satisfaction of living well, or achieving life goals. c. A current ethical dilemma should be compared with similar examples and outcomes before deciding on a course of action. "I skipped the red light because I was so involved in our debate." d. Cause-related marketing, 70. True C. Utilitarianism Which of the following statements is true of the utilitarian approach to business ethics? c They reflect the laws and regulations that affect social and economic behavior. If a person would have to lie in order to save somebody's life, Mill would argue that she should lie, because the utility of saving a life outweighs the claims of justice's. c. organizational rules were flouted in his firm b. In rule utilitarianism, a person makes ethical decisions that benefit the maximum number of people and is not so concerned about laws. D. considers payment of speed money to be moral, but illegal. 31. The most important point made was the issue of . A. annual report B. Deontological ethics It includes the formulation of moral rules that have direct implications for what human actions, institutions, and ways of life should be like. 2003-2023 Chegg Inc. All rights reserved. Such practices violate laws that are widely accepted in developed countries. Identify the ethical approach that follows this line of thought. which of the following is not an ethical principle? In a general sense, anyone who affects or is affected by decisions made within a firm can be called a business _____. B. Which of the following statements is true of a utilitarian? Which of the following statements is true of utilitarian ethics? tractor _____, For what is Ramses the Great best known?v. b. B. C. makes grease payments mandatory in order to obtain exclusive preferential treatment in a _____ directs us to decide based on overall consequences of our acts. 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 holds that the ethical significance of any action can be According to the Foreign Corrupt Practices Act, "facilitating payments" are as illegal as bribes. a. Conventional morality is the most basic level of ethical development. However, the execution of the contract has been delayed due to certain unproductive, bureaucratic procedures in the less developed nation. C. Satisfying the maximum decision criteria a. choose an alternative that adheres to laws and standards set by the government without considering his or her obligations toward society Why did the Allies consider the League of Nations when developing the United Nations? It is ethical to pay less than subsistence wages, if that happens to be the practice in some 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 33. It is wrong to punish an innocent person, because it violates his rights and is unjust. Utilitarianism Virtue-based ethics CONCEPT Case Study: Capital Punishment 12 "Giving away excess wealth . B. adopting the ethics of the culture in which a business operates. CONCEPT Support for Virtue-Based Ethics 11 "Capital punishment is morally acceptable if it prevents more people from being murdered." To which theory of ethics is the person who made this statement likely appealing? A. Altruism a. Self-regulation Utilitarianism's fundamental insight is that we should decide what to do by: b. effect-related marketing D. hiring only those people who are relatives of current employees. It does not increase the sale of products. A. Profitat any cost Art and Design. C. managers establishing a moral intent. Which of the following statements about sentence length is true? False, 14. During his tenure, he has witnessed numerous incidents of ethical misconduct. C. It is ethical to have a zero-tolerance approach toward facilitating payments. c. economic sustainability. E. Treating employees as conscious moral beings. A. developing countries. Moral judgements are made by considering the quality as well as quantity of pleasure. 52. B. Redlining Which of the following best describes ethics? a. B. speed money. John Lund, Paul S. Vickery, P. Scott Corbett, Todd Pfannestiel, Volker Janssen, Eric Hinderaker, James A. Henretta, Rebecca Edwards, Robert O. Self, Filosofi seminarium, Verklighet & Kunskap. Experts are tested by Chegg as specialists in their subject area. c. Legal responsibilities 2 0 obj B. states that an individual's actions should not be constrained by laws Question 13 3 / 3 pts Moral dilemmas refer to. E. preferred dividends. B. Egoism A. inattentional blindness C. Customer-based It holds that the ethical significance of any action can be determined by looking at the conseque. E. Informing prospective employees about the ethical climate in the organization, Who falls into the category of external stakeholders of an organization? False True 2. c. Utilitarian ethical theory a. should include an operations schedule of day-to-day activities. (ii) NMAP script can be useful for automated scanning. It upholds adhering to a. B. cultural relativism. Such payments are typically referred to as: 10. Which of the following statements is TRUE of utilitarian In rule utilitarianism, a person makes ethical decisions that benefit the maximum number of people and is not so concerned about laws. b. laws C. asking for letters of reference from the prospective employees. Auditing past decisions made in the company Which of the following ethical theories believes in the well-being of maximum people using the fairest means available? b. 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. D. varying ethical standards in different cultures. A. Kantian ethics The socializing force that governs what is ethically right and wrong is called _________. Naive immoralism B. Friedman doctrine C. Ethnocentrism What Maria exhibited conforms to the ethical theory of b. C. utilitarian framework of ethics Ethical responsibilities B. (drink). countries. Moral relativism C. Role ethics c. Economic sustainability C. Virtue-based ethics B. naive immoralism. 4 0 obj E. cultural relativism. Which of the following best describes Utilitarianism? According to Kantian deontology, which of the following would make an act permissible? These principles can be, and are, used in combination; different principles are also used in different situations. Which of the following statements is an example of metaethics? care about the ethics of research process at all. B. 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. c. Ethical beliefs vary widely from culture to culture. a. Preconventional morality 27. On being criticized as unethical, the manager argues that such actions are ethically defensible because everyone in Cadmia is doing it. d A utilitarian compares similar predicted solutions and uses a point system, 72. Naive immoralism B. 56. D. base decisions solely on business variables such as cost, delivery, and product quality. D. Board of directors E. Stockholders, Elephas Inc. is a steel rod manufacturing company that has customers, investors, vendors, and competitors from all across the globe. Environmental sustainability A. This illustrates _____. Which of the following is emphasized by a compliance-based culture? b. b. a. Casuist ethical theory True C. rich corporations abusing their power for private gain. Auditing past decisions Rule utilitarianism 51. C. cultural relativism. False False Conventional morality is the most basic level of ethical development. b. c. He will be calculating and self-centered while making decisions and will look for immediate benefits. Ten years after he proposed what came to be known as Sullivan's principles, Leon Sullivan concluded that following his principles: Due to certain strict environmental and employment standards in its home nation, Taurus Inc. has shifted its operations to developing nations. E. reviewing a decision to check for its consistency with Rawls's veil of ignorance. Green Quantum Inc. has research and production units all across the globe. C. people should be treated as ends and never purely as means to the ends of others. c. It is permissible to lie to someone if it helps many other people. A. D. human beings have fundamental rights and privileges that transcend national boundaries Which of the following straw men approaches to ethics is most likely being adopted by Jonathan? Allowing managers within a company to act in accordance with rights theories Utilitarianism is an ethical theory that determines right from wrong by focusing on outcomes. In order to build large production units and expedite certain routine government actions related to this, Scorpius Inc. made legal payments to the government officials of a host nation. A. Q2. This makes Jim a(n) _____ in the company's pollution control policy. B. D. An ethical leader allocates corporate resources to support and promote ethical behavior. Which of the following is detrimental to an ethical business setting? C. Operating in cultures which score high on masculinity and power distance measures D. Setting realistic, achievable performance goals for employees Actions are right or wrong based upon whether they produce happiness or unhappiness b. d. Ethnocentric morality. <>/ExtGState<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI] >>/MediaBox[ 0 0 612 792] /Contents 4 0 R/Group<>/Tabs/S>> 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. c. Casuist ethical theory a. A. John Rawls Both theories compare a current ethical dilemma with similar examples. D. Multinational corporations bribing poorly paid government officials in a foreign market A. A. help them navigate through difficult ethical dilemmas. c If a company does not make a profit, then the other 3 responsibilities - legal, ethical and philanthropic are moot. b. Postconventional morality 3. Which of the following statements is true of morals? D. Libertarianism, Which of the following approaches shifts the focus from questions about what a person should do, to a focus on who that person is? According to this information, which of the following approaches to ethics is most likely being adopted by Cadmium Technologies? Act utilitarianism business regulations. In a business setting, which of the following practices is most likely to be considered as unethical? Role ethics a. c. It cannot prosecute cases of bribery. At postconventional morality level of ethical development, people are less concerned about what others think about them and more concerned about how they handle their problems over the long run. Which of the following levels of ethical development does Hallie's behavior illustrate? a. Deontological theory 5. a. Which of the following theories assumes that the outcomes of a current ethical dilemma will be comparable to the outcomes of similar ethical dilemmas? d. It is a belief based on rules and individual obligations. Utilitarianism holds that an action that affects the majority adversely is morally wrong. 3 0 obj 5 . D. Virtue ethics, Identify the view which holds that people act only out of a self-interest. It holds that the ethical significance of any action can be A. Whistle-blowing ethics? 32. A business firm is collaborating on an initiative with a nonprofit organization by providing public-relations training to working professionals throughout a country. d. It offers significant advantages to U.S. businesses dealing in countries in which the use of illegal payments and bribes is acceptable. 50. She follows the rules of her company mainly to avoid punishment and to gain respect. A code of ethics: B. b. Postconventional morality According to the theory of rights: Which of the four numbered statements is the conclusion? C. Multinational corporations altering the laws of a host country to suit their businesses It upholds adhering to a set of principles that may forbid an act that might otherwise provide overall good consequences. D. Kantian ethics. D. dependency. endobj b. Striving to select only the best alternative It prohibits U.S. corporations from involvement in international business dealings. Maria is a very soft spoken girl and she hardly hurts anybody. D. Pragmatic ethics, The study of various character traits that can contribute to, or obstruct, a happy and meaningful human life is part of _____. a. Preconventional morality C. partner c. ethics D. utilitarianism. C. a positivity offset. b. B. descriptive ignorance b. b. Just distribution B. b. a. Cultural relativism C. Righteous moralism D. Sullivan principles E. Just distribution. 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? Which of the following ethical theories is defined as a belief in time-and-place ethics and holds that ethical truths depend on the circumstances? Which of the following statements is TRUE? D. Companies are allowed to make facilitating payments only in developing countries. c. It is typically drafted by government agencies. What does Article 29 of the Universal Declaration of Human Rights convey? d. All of the above. c. Sarah, who is a manager at an organization that does not provide guidelines for ethical behavior 62. A. restrict its employees from joining a trade union. d. Utilitarian ethical theory, 37. D. an ethical dilemma. Facilitating payments are payments to secure contracts that otherwise would not be secured. <> 21. A. a multinational's home-country standards of ethics are the appropriate ones for companies to follow in foreign countries. Which of the following is the reason why normative myopia is especially liable to occur in a business context? D. change blindness, The omission known as change blindness occurs when _____. This strategic move of Taurus Inc. will be considered: Which of the following is most likely to be considered unethical? Consequently, his employees also engage in the same behavior. A customer-based culture True b. Establishing moral intent The means used to motivate others and achieve one's goals plays a key role in distinguishing between: A. Stakeholders A. D. protecting multinationals in case they violate fundamental human rights. '", If we are told specifically to pay attention to a particular element of a decision or event, we are likely to miss all of the surrounding details, no matter how obvious. d. Stakeholder theory, 44. Hallie has a tendency to be egocentric. Which of the following statements is true of ethics? a. b. Opportunism Business decisions made by managers of Neon Synergy will be solely based on the goal of maximization of societal good. B. 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. unrealistic performance expectations. B- utilitarian believes that arson is sometimes ethical and not always wrong. d. affinity marketing. Ronald Systems Inc. has developed a line of appliances that runs on solar energy and causes no harm to the environment. d. Both (i) and (ii) are false. 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). D. Involving in moral imagination d. stick to his or her obligations when stuck in an ethical dilemma because doing one's duty is what is considered ethically correct, d stick to his or her obligations when stuck in an ethical dilemma because doing one's duty is what is considered ethically correc. Ethics are moral principles unrelated to the conduct of an individual or a group. C. Such practices violate our duty to treat children with respect. B. Integrity-based Of the following business associates, who would fall into the category of internal stakeholders? B) It reduces productivity and efficiency. True What conflict does Montezuma see between Native American interests and the dominant social and economic order arrayed against them? Business attracts people from diverse backgrounds, which makes it difficult to identify ethical standards agreeable to everybody. People should be discriminated on the basis of cast and class. 67. Three Torque Inc., a U.S.-based multinational company, allows its managers to make facilitating payments in host countries to expedite government formalities. A. normative myopia D. ombudsperson, The _____ serves as an articulation of the fundamental principles at the heart of the organization and should guide all decisions without abridgment. Act utilitarianism To ponder over the nuances of ethics C. it differs significantly across different countries in a global firm situations where one is unable to decide between equally wrong actions. a. b. moral relativism. d. Both theories are beliefs based on time-and-place ethics. b. Jason, an editor, who has noticed that all his managers agree that it is okay to plagiarize a small amount of content occasionally Which of the following statements is true regarding utilitarianism? In the analysis of the statements from round 2, items B8, B12 and B13 were found to constitute the subtheme epigenetics and ethics. C. fundamental human rights and privileges transcend national boundaries and cultures. Code of ethics A. Values-based . A. set high performance goals for all employees, regardless of market constraints. and decision making. Acting only out of self-interest Using a dictionary when needed, define each word. C. Legal compliance If there is more than one definition, use one that emphasizes the meaning of the root. a. B. Research shows that when making ethical decisions, if the length of time between the action and its negative consequences is short, marketers are more likely to perceive the action as unethical. Which of . Which of the following statements is true of ethics? Ethical truths depend on the individuals and groups holding them. b. b. Green marketing b. D. Virtue ethics, _____ typically assert that individual rights and duties are fundamental and thus can also be referred to as a rights-based, or duty-based approach to ethics. According to the pyramid of corporate social responsibility, which component involves being a good corporate citizen, contributing resources to the community and improving the quality of life? Keeping managers psychologically and geographically close to the parent company D. Training managers to avoid moral imagination and veil of ignorance C. Utilitarianism with a similar liberty for others. B. . It renders utilitarianism incapable of giving concrete advice. C. Auditing of decisions B endobj True Philosophical ethics denies that conformity and obedience are the best guides to how we should live. It omits the consideration of justice. A. inattentional blindness c. moral relativism b. Postconventional morality A. B. the tragedy of the commons. a. Deontological theory B. Which of the following are NOT stakeholders in a typical corporation? c. ethical relativism Which of the following practices should be avoided by a company to ensure ethical decision making? Both theories advocate benefit for people through the fairest and most just means available. B. A. Javier has been doubtful about a car he purchased recently, and hence has been reading only good reviews about the car to console himself. E. Moral courage. Decisions must benefit the maximum number of people through the fairest and most universally just means available. B. inattentional blindness c. If a company does not make a profit, then the other 3 responsibilities - legal, ethical and philanthropic are moot. It upholds adhering to a set of principles that may forbid an C. rights theories. To place principles over morals C. When the issue is presented from the start According to the three levels of ethical development, which statement is true of conventional morality? a. When applying deontological theory to an ethical dilemma, the decision on how to act is based upon weighing the alternatives and then choosing the solution which is the lesser of the perceived evils. a. A. Which model suggests that corporate social responsibility is composed of economic, legal, ethical, and philanthropic responsibilities that are built upon a firm's economic performance? D. stakeholder, In the ethical-decision making process, moral imagination is used by decision makers while _____. Egoism is a duty based ethical theory based on the principles of altruism and care for others; 3. B. collective good forms the basis for the moral compass that managers should use when C. the attainment of maximum business profits. The veil of ignorance, a conceptual device designed by John Rawls, supports: utilitarian ethics. Looking for creative alternatives . 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? False Philosophical ethics distinguish what people do value from what they should value. According to Bazerman and Chugh, this phenomenon is known as _____. False, 18. b. B. administering simple tests that indicate analytical skills of a prospective employee. Answer: It is an objectivist theory because the moral law applies to everyone at all times. An action is cannot be right even if it produces the greatest amount of pleasure for the greatest number of people. <> An externality is a situation where a project would have an adverse effect on some other part of the firm's overall operations. C. An ethical leader shirks her or his duties in the corporate structure. b. (do), The animals _________ all the water, so he gave them some more. B. cultural relativism. c. choose an alternative based on a comparison of his or her current ethical dilemma with examples of similar ethical dilemmas C. mission statement 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. The fast paced world of business allows little time for contemplation on ethics. D. Andrew is responsible for deciding whether he should upgrade the manufacturing unit with new machines and reduce costs for clients, or retain the impoverished manual labor. The three major categories of an ethical framework are: 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: E. Wendy, a major buyer of Elephas steel rods, Which of the following terms means standing in the shoes of a stakeholder and asking how a proposed decision might impact that stakeholder? This scenario illustrates _____. C. Moral imagination What ethical theory has Mark displayed in this case. The Friedman doctrine C. Cultural relativism d. physical sustainability. C. Ensuring that the economic interests of stakeholders is given prime importance B. According to Rawls, which of the following principles would be unanimously accepted by people under the veil of ignorance? E. tax exemptions that are given only to local companies but not to foreign companies. d. Self-regulations. Moral dilemmas refer to Group of answer choices situations where one needs to decide between deontology and utilitarian ethics. False stream c. Social control False False 4. B. set unrealistic performance goals for its employees. Which of the following ethical theories states that the most ethical choice in a situation is one that produces the greatest benefit to the most people ? A. associate Justice theories primarily focus on: E. Frequently auditing the activities of expatriate managers, Which of the following explicitly rejects the idea that businesses should undertake social expenditures beyond those mandated by the law and required for the efficient running of a business? It is permissible to lie to someone as long as there are no negative consequences. (leeward; windward). C. change blindness C. be highly ethical in its business in a host nation irrespective of the ethical standards _____ is a tradition within philosophical ethics that seeks a full and detailed description of those character traits that would constitute a good and full human life. February 27, 2023 alexandra bonefas scott No Comments . Ethical behavior D. Comparing and weighing alternatives, Which of the following conditions makes ethical issue identification the first step in the ethical decision-making process? determined by looking at the consequences of that act. Killing whales is always wrong, no matter the reasoning. It involves the cooperative efforts of a for-profit firm and a nonprofit organization for their mutual benefit. D. Obeying the law and keeping promises, Amanda and Jeremy argue about the employment of children in tobacco farms in a certain part of the world. Underline the root of each word. Mark thus starves since he does not earn for his livelihood. D. determining the facts of the situation, Which of the following elements is important not only to consider the obvious options with regard to a particular dilemma, but also the much more subtle ones that might not be evident at first glance? B. shun the concept of noblesse oblige. A. C. Since maximizing long-run profitability is the decision rule that most businesses stress, it should be applied irrespective of whether moral principles are being violated. D. Ethics can justifiably be allowed to take a backseat in a business context. B. stockholder B. descriptive ignorance It fails to consider the benefits, costs, and risks of a course of action. A. the Friedman doctrine. However, scripts can have specific equirement. True Utilitarianism holds that the most ethical choice is the one that will produce the greatest good for the greatest number. E. Multinational corporations moving production to developing countries to exploit their lower or right to hold personal property. 63. A. Kantian ethics Customers He will be concerned about how people will view his decisions. C. what is ethical depends on one's cultural perspective. D. Marxism 30. Under John Rawls's concept of veil of ignorance, people are imagined to be ignorant of their: If a sentence is already correct, write C after it. D. Adopting an organizational culture which emphasizes that all decisions should be purely Even in situations when others consider certain actions as unethical, the company allows its managers to pursue such actions if they are permitted in the host nation. 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. Both theories may lead to actions that are not ethically correct. When making decisions, she always focuses on the immediate benefits she will gain from an alternative. a. C. It describes a marketing relationship based on a straight donation. Which of the following is a guideline to help marketing managers and other employees make better decisions? The Kantian tradition claims that humans do not act only out of instinct and conditioning; they make free choices about how they live their lives, about their own ends. Ethical responsibilities of a corporation provide the basis for other responsibilities. Because he did\underline{\color{#c34632}{did}}did his work so well, he got a raise. 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"?
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