D. silent leaders and ethical leaders. B. adopting the ethics of the culture in which a business operates. Naive immoralism B. d. Behavioral norms, 38. Which of the following is a true statement about norms? C. customs duties. . a. Deontological theory stream Identify the ethical approach that follows this line of thought. B. Transcribed Image Text: Discussion 3.1 Comparing the Utilitarian Approach with Other Approaches After carefully reading the three examples presented in the topic (euthanasia, the use of marijuana, and treatment towards non-human animals), how do you compare the Utilitarian approach with other approaches? Mark thus starves since he does not earn for his livelihood. But he also realizes that by not demanding a better unit, the employees are prone to serious health issues. A. Milton Friedman B. Leon Sullivan C. Karl Marx D. According to this declaration, citizens of a nation have no duties to their community. C. Role ethics E. spying on prospective employees. C. principle-based ethics D. just distribution. In rule utilitarianism, a person makes ethical decisions that benefit the maximum number of people and is not so concerned about laws. B. a firm should adopt the ethics of the culture in which it is operating. a. D. It asserts that managers should not follow ethical norms if they see that others firms are also not following them. 4. payments. C. It is ethical to have a zero-tolerance approach toward facilitating payments. Some goods are preferable to others. b. Postconventional morality C. autonomy. Ethical responsibilities 56. A. unrealistic performance expectations. Naive immoralism According to the Foreign Corrupt Practices Act, "facilitating payments" are as illegal as bribes. A. a. Deontological theory B. exploiting the national differences in factors of production. C. Identifying the ethical issues D. Companies are allowed to make facilitating payments only in developing countries. C. what is ethical depends on one's cultural perspective. 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? c. Ethical beliefs vary widely from culture to culture. B. Utilitarianism B. totalitarian nations. Environmental sustainability b. It holds that the ethical significance of any action can be determined by looking at the consequences of that act. D. Ethics of principles is based on consequences, whereas utilitarianism is based on rules. with a similar liberty for others. Which of the following business practices is illustrated in this scenario? Contents. A. fundamental duties. D. Unity of command c If a company does not make a profit, then the other 3 responsibilities - legal, ethical and philanthropic are moot. A. Which of the following statements is true of ethics? A. secure contracts that would not otherwise be secured. B. inattentional blindness When the ethical predicament of the situation is hard to determine D. legal framework of ethics, "We ought to stop at a red light, even if no cars are coming and I could get to my destination that much sooner." Which of the following statements is true of facilitating payments? a. C. economic suppression of people. D. Everyone has duties to the community in which alone the free and full development of a According to this information, which of the following approaches to ethics is most likely being adopted by Cadmium Technologies? C. income statement a. a. Philanthropic responsibilities It holds that the ethical significance of any action can be determined by looking at the conseque. b. Postconventional morality A. silent leaders and visible leaders. One fine day, she loses patience and abuses her husband and slaps him in public. c. A current ethical dilemma should be compared with similar examples and outcomes before deciding on a course of action. Act utilitarianism b. If a sentence is already correct, write C after it. C. Monitoring and learning from the outcomes True A. D. Adopting an organizational culture which emphasizes that all decisions should be purely c. Both theories are free from flaws. D. It believes in maximizing personal well-being and the d. Both (i) and (ii) are false. 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? Objectivity is vital to ethical thought. business regulations. C. Corporate cultures influence, limit, and shape the decision making within a firm. A. C. A values-based culture 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. Training managers to avoid moral imagination and veil of ignorance It is an effective internal control of behavior. E. inequalities are justified if they benefit the position of the least-advantaged person. Which of the following statements are true about Utilitarianism? d. moral relativism, 59. a. B. speed money. A. In ethical decision making, managers need not consider the implications of a proposed strategic decision on external stakeholders. According to the Foreign Corrupt Practices Act, "facilitating payments" are as illegal as bribes. D. Engaging in ethical behavior 55. c. It is predominantly characterized by an egocentric viewpoint of an individual. A. Judging the ethics of the proposed decision B. A business firm is collaborating on an initiative with a nonprofit organization by providing public-relations training to working professionals throughout a country. b. C. It applies most appropriately to ethical personal behavior a. Deontological theory 76. E. justice theories. E. cultural convergence. b. B. Inequalities in income and wealth distribution should not be justified under any condition. 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. identifying which stakeholders a decision would affect and in what ways. a. Write by: . d. Moral relativism, 47. b. Opportunism Moral relativism theory D. abide by the concept of noblesse oblige. What Maria exhibited conforms to the ethical theory of Actions are right or wrong based upon whether they produce happiness or unhappiness b. a. a. focus on the long-term results of his or her actions. Which of the following statements is true regarding utilitarianism? d. Competitors. He supports this view by stating facts about how the economic and social gains from employing children in these farms outweigh the long-term economic losses due to the health problems and lack of education suffered by these children. C. When the issue is presented from the start 2 0 obj a. E. result in the justified treatment of a minority. c They reflect the laws and regulations that affect social and economic behavior. a.) A. E. hire employees with strong personal ethics. b. laws True endobj ethics? . It is the only moral framework that can be used to justify military force or war. Professional and personal interactions depend on ethical behavior. a. Pyramid of corporate social responsibility In this context, the company is most likely to be criticized for: C. Multinational corporations altering the laws of a host country to suit their businesses To ponder over the nuances of ethics E. teleological theory. a. To place principles over morals 7. In this context, which of the following statements is most likely to be true regarding Neon Synergy? A. a. Preconventional morality Green Quantum Inc. has research and production units all across the globe. c. cause-related marketing d. To make profits. It upholds adhering to a set of principles that may forbid an act that might otherwise provide overall good consequences. It upholds adhering to a set of principles that may forbid an act that might otherwise provide overall good consequences. They are standards of appropriate and proper behavior. A. minimizing the amount of political liberty permitted to each person. Identify a true statement about ethical decision making in business. b. d. Does not help employees to identify what is wrong and what is right. C. Virtue-based ethics c. philanthropy False False 3. 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? A. Utilitarianism B. C. maximizing business profits by increasing employee productivity. 63. Which term refers to the optimum utilization of assets so that a firm continues making profit in the long run? Example 1. C. Cultural relativism d. It is a belief based on rules and individual obligations. C. identifying the ethical issues involved Social responsibility can produce only an indirect profit. The Friedman doctrine C. Cultural relativism B. collective good forms the basis for the moral compass that managers should use when Protecting the fundamental rights of stakeholders Monitoring and learning from outcomes A. A code of ethics: When making ethical decisions, the more likely an action will result in a harmful outcome, the less likely that marketers will recognize a problem as unethical. 65. She does not raise her voice when she speaks and is very careful about the way she speaks and the words she chooses. Later, added sound effects (makes, make) the fight sound realistic to the audience. B b. Ethical behavior D. nullifying the reasons for investing in those countries. A socially responsible marketing effort by a for-profit firm and a nonprofit organization that targets social or other charitable causes is referred to as __________. Experts are tested by Chegg as specialists in their subject area. C. rational ignorance d. green marketing, 69. 52. It is wrong to punish an innocent person, because it violates his rights and is unjust. E. cultural relativism. Utilitarianism holds that the most ethical choice is the one that will produce the greatest good for the greatest number. It is more likely that marketers will recognize that behavior as unethical. 18 The principles that we will cover are utilitarianism, universalism, rights/legal, justice, virtue, common good, and ethical relativism approaches. C. Gentrification 64. False, 12. d. Ethnocentric morality. b. Behavioral norms of corporate social responsibility A. A. unrealistic performance expectations. Which of the following best exemplifies an ethical dilemma? b. Just distribution Happiness is long-term, focusing on the satisfaction of living well, or achieving life goals. C. cultural relativism. Which of the following is a fundamental moral duty according to Immanuel Kant? D. change blindness, The omission known as change blindness occurs when _____. D. Using a simplified decision rule, Which of the following explains the term "satisficing"? B. D. Marxism Ace Globe Inc., a firm that supplies machinery to Elephas a. Preconventional morality 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? C. universal rights, cultural norms, and morals. first principles cannot be proven by reasoning. Which of the following statements is TRUE? Which of the following statements is true about value-based cultures? b. rule utilitarianism An ethical leader agrees to conduct that would be inconsistent with her or his own personal values. True b. d. Ethnocentric morality, 54. Robin is demonstrating _____. c. to set a standard for the suite of educational apps. A. Altruism He was also known as mahatma, which means "great soul.". c. Preconventional morality C. the attainment of maximum business profits. Egoism is a duty based ethical theory based on the principles of altruism and care for others; 3. 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 B. d. Utilitarian ethical theory. 42. Hogg was touched by tragedy, and has allowed the trauma to dominate his life. It can lead to consumer cause fatigue. Morals are rules that people develop as a result of cultural values and norms. d. green marketing. All of the above. Which of the following statements about sentence length is true? D. Kantian ethics. Question options: much concerned about the ethics of research process. c. Results do not determine the rightness of an action. C. Ethics of principles is based on rules, whereas utilitarianism is based on consequences. B. c. moral relativism E. In ethical decision making, managers need to ensure that a proposed decision does not violate the fundamental rights of any stakeholders. a. Philanthropy D. "I strongly believe in the saying, 'finders keepers, losers weepers. d. It applies to top managers of an organization rather than its employees. C. The Universal Declaration of Human Rights D. Veil of ignorance Anything that is legal is ethical. True b. b. The practice of "gift giving" between the parties to a business negotiation is considered right and proper behavior in many Asian cultures. Which of . 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"? Both theories compare a current ethical dilemma with similar examples. Which of the following statements is true of ethics? Killing whales is always wrong, no matter the reasoning. 28. Which of the following is a guideline to help marketing managers and other employees make better decisions? b. c. organizational rules were flouted in his firm A. d. Moral relativism, 80. Answers: 2 Show answers Another question on Social Studies. c. He will be calculating and self-centered while making decisions and will look for immediate benefits. C. ethnocentrism. C. Auditing of decisions E. national differences in factors of production. Utilitarianism is primarily concerned with the legal aspects of business decisions. Then, above the word, write it with correct capitalization. E. makes it obligatory for companies to adopt a zero-tolerance approach toward grease 68. II. The rules that people develop as a result of cultural values and norms are called _______. Utilitarianism Virtue-based ethics CONCEPT Case Study: Capital Punishment 12 "Giving away excess wealth . c. green marketing Cause-related marketing is a marketing relationship based on corporate giving, such as making philanthropic donations. Quinn is the sales manager of a firm with a questionable reputation. The CEO of Gold Chip Software engages in corruption and uses his power in the company to enrich himself and his family members. Which of the following is detrimental to an ethical business setting? D. varying ethical standards in different nations. B. B. a sudden change is overlooked by decision makers C. propagating home-country standards of ethics. The local community is not considered one of the stakeholders of an organization. c. Both (i) and (ii) are true. b. 43. Keeping managers psychologically and geographically close to the parent company When considering ethics in other countries, which of the following statements is true? E. weighing the benefits, costs, and risks associated with a course of action. Ethics A. the Friedman doctrine. However, in countries where such payments are considered as unethical, the company restricts its managers from indulging in such activities. B. A customer-based culture <>/ExtGState<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI] >>/MediaBox[ 0 0 612 792] /Contents 4 0 R/Group<>/Tabs/S>> 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. C. particular characteristics such as race, sex, and nationality. a. B. It is permissible to lie to someone as long as there are no negative consequences. Jack is told by a foreign official that he cannot obtain the contract that he critically needs unless he pays a bribe. D. speed money. 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). A. employing only those people who have a very high intelligence quotient. a. Self-regulation According to stakeholder theory, social responsibility refers to paying attention to the interest of all the stakeholders such as management, suppliers, customers, local community, and so forth. Such practices violate laws that are widely accepted in developed countries. c. Rule utilitarianism E. Righteous moralism. Hallie has a tendency to be egocentric. The Foreign Corrupt Practices Act was subsequently amended to allow for speed money or grease payments, which are payments made to: D. make its employees work under unfavorable working conditions. Which of the following people is MOST likely to disapprove of unethical practices more strongly than the others? Silver Meteorite Inc. is a multinational company whose home country, Palumbia Republic, considers grease payments as both illegal and unethical. Kantian ethics. D. Ethics can justifiably be allowed to take a backseat in a business context. 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. Taking care of the interests of external stakeholders d. Social responsibility efforts should be focused on the external and not the internal stakeholders of a corporation. A. it provides stability that can be a benefit at one time and can be a barrier to success at another b. a code of ethics was absent from his firm True E. preferred dividends. (do), The animals _________ all the water, so he gave them some more. Q1. c. Corporate self-dealing Which of the following is a true statement about norms? B. They are underlying beliefs that cause people to choose one way or another. False, 19. a. cause-related marketing. C) It. <> D. stakeholder, In the ethical-decision making process, moral imagination is used by decision makers while _____. Naive immoralism B. Friedman doctrine C. Ethnocentrism He will be concerned about how he sees and judges himself over the long run. a. culture a. social sustainability. B. achieving collective goals, even if that involves violating fundamental rights. Considering the available alternatives situations where one is required and can only carry out 1 course of . a. Businesses can make sure that they are hiring individuals with strong personal ethics by: 49. a. Preconventional morality A strong sense of personal ethics exhibited by employees c. Conventional morality People should be discriminated on the basis of cast and class. The animal rights position of ethics is a(n) position. b. E. social responsibilities. B. B) It holds that the ethical significance of any action can be determined by looking at the consequences of that act. 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. b. morality xZKsG15f/%ydQ8C&J$d)BC*(r,[fI v(OE,\~k^]_Pfny}aY8S2I6slEWx_3}}nO_#\2 /u22odttUpxmX"Ep>{7BT$%[4ZX,J(o-'D$[X |Kkz54?FAj5`_B)PZA#y:-+FFL5f;?y(yf"[@-4La {`s"X8LrocO(f(\%)DTzx@}q '-HtDxv*e 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. Neon Synergy will follow its home-country standards of ethics at all its foreign locations. E. war-torn countries. d. He will make decisions that are not beneficial for most people. Which of the following observations is true of ethics? E. Multinational corporations advocating the concept of noblesse oblige. However, the execution of the contract has been delayed due to certain unproductive, bureaucratic procedures in the less developed nation. 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? A. basic human rights. A. the righteous moralist. C. Obedience to rules as the primary responsibility of ethics 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. c. Creativity It prohibits U.S. corporations from making illegal payments to foreign governments. The company has recently implemented changes to its pollution control policy that has adversely affected Jim and his family.
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