Which of the following statements is true of morals? What is a decision procedure in ethics? a. C. Ethics of principles is based on rules, whereas utilitarianism is based on consequences. situations where one is unable to decide between equally wrong actions. D. Virtue ethics, Identify the view which holds that people act only out of a self-interest. E. cultural relativism. d. They set absolute standards for good and bad that are enforced by the law. B. Which of the following represents a business's concern for society's welfare? Conventional morality is the most basic level of ethical development. 2. E. secure monopoly rights in less developed countries. d. Utilitarian ethical theory, 37. A decision is considered ethical or not based solely on the number of people who benefit from the decision. Which of the following straw men approaches to ethics is most likely being adopted by Jonathan? 53. Business attracts people from diverse backgrounds, which makes it difficult to identify ethical standards agreeable to everybody. It prohibits U.S. corporations from involvement in international business dealings. It is most effective when presented in a long list of dos and don'ts. The company uses only organically grown grains and fruits. a. A. Friedman doctrine B. Utilitarianism Which of the following statements are true? b. should be limited to a list of dos and don'ts. c. Conventional morality A. inattentional blindness E. inequalities are justified if they benefit the position of the least-advantaged person. B. maximize stockholders' wealth. E. firms that fail to maximize stockholders' wealth violate fundamental rights and privileges. c. Creativity D. actions that maximize the profit of an organization. C. Kantian ethics 18 The principles that we will cover are utilitarianism, universalism, rights/legal, justice, virtue, common good, and ethical relativism approaches. C. economic suppression of people. C. Obedience to rules as the primary responsibility of ethics % d. Utilitarian ethical theory, 66. B. identifying the stakeholders c. Social control Cause-related marketing is a marketing relationship based on corporate giving, such as making philanthropic donations. B. Principle-based ethics C. Moral imagination What ethical theory has Mark displayed in this case. A. Which of the following statements is true of a utilitarian? 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. A. Ethnocentric The pyramid of corporate social responsibility portrays philanthropic performance as the foundation for the other responsibilities. c. Moral relativism What Maria exhibited conforms to the ethical theory of In this context, the company is most likely to be criticized for: An ethical leader refrains from placing her or his own ethical behavior above any other consideration. C. principle-based ethics One fine day, she loses patience and abuses her husband and slaps him in public. 18. D. It overemphasizes the significance of maximization of stockholder wealth. Which of the following statements is TRUE? Auditing past decisions made in the company False, 12. Who asserts that all economic goods and services should be distributed equally except when an unequal distribution would work to everyone's advantage? b. a code of ethics was absent from his firm d. Cause-related marketing, 70. 5 . 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 ? According to the theory of rights: d. A utilitarian compares similar predicted solutions and uses a point system. E. repatriation fees. Three Torque Inc., a U.S.-based multinational company, allows its managers to make facilitating payments in host countries to expedite government formalities. This declaration provides different sets of fundamental rights and privileges for different cultures. 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? created risks on research subjects due to having forced participation, no respon sibility if any harms, no informed 2003-2023 Chegg Inc. All rights reserved. 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. C. Hiring independent auditors to ensure that subcontractors used by the company are living An action is cannot be right even if it produces the greatest amount of pleasure for the greatest number of people. False False 4. Utilitarianism is primarily concerned with the legal aspects of business decisions. Both theories compare a current ethical dilemma with similar examples. It is permissible to lie to someone as long as there are no negative consequences. 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. 8. Class consciousness C. Corporate dynamism D. Social responsibility E. Economies of scale. Quasio Foods Inc. is a large food manufacturing corporation that earns more profits than its competitors. Utilitarianism is an ethical theory that determines right from wrong by focusing on outcomes. It involves the cooperative efforts of a for-profit firm and a nonprofit organization for their mutual benefit. Developing long-term sources of clean water to improve health and preserve local ecosystems while creating a competitive advantage is an example of: True C. Satisfying the maximum decision criteria 65. Which of the following ethical theories believes in the well-being of maximum people using the fairest means available? 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? 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? 50. Hallie has a tendency to be egocentric. 3. In this context, which of the following statements is most likely to be true regarding Neon Synergy? C. Gentrification A. A. normative myopia In rule utilitarianism, a person makes ethical decisions that benefit the maximum number of people and is not so concerned about laws. humanitarian ethics. 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 a. relationship marketing E. teleological theory. Expatriate managers working away from their ordinary social context and supporting culture C. Providing managers with a moral compass or an ethical algorithm a.) b. The Sullivan principles attempted to fight against: Which of the following statements is true about the Sullivan principles? (a) Utilitarianism advocates maximizing utility. Which statement about the pyramid of corporate social responsibility is true? a. Philanthropic responsibilities 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? To be a good corporate citizen. According to this information, which of the following approaches to ethics is most likely being adopted by Cadmium Technologies? d. Utilitarian ethical theory. Consequently, his employees also engage in the same behavior. C. Practicing superior standards of employment in the host country D. Empowering people with fundamental rights and privileges They emphasize obedience to the rules as the primary responsibility of ethics. B. the tragedy of the commons. Which of the following business practices is illustrated in this scenario? b. adopt an approach that is concerned with the welfare of others D. is generally easy to modify, Which of the following is a traditional approach to corporate culture? c. green marketing Use of values as the principle for decision making A. C. decision makers are adamant on maintaining status quo due to a fear of change and decision making. nationality, and class. B. Redlining 4. b Both theories may lead to actions that are not ethically correct. 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. a. c should be in written form to avoid confusion. Moral relativism theory B. first principles cannot be proven by reasoning. D. ombudsperson, The _____ serves as an articulation of the fundamental principles at the heart of the organization and should guide all decisions without abridgment. Social sustainability It upholds adhering to a set of principles that may forbid an D. Kantian ethics. Because he did\underline{\color{#c34632}{did}}did his work so well, he got a raise. A. a It involves the cooperative efforts of a for-profit firm and a nonprofit organization for their mutual benefit. D. A compliance-based culture. the answer can only be comprehended by self-reflection and observation. Comparing and weighing the alternatives A. Profitat any cost host nation. C. propagating home-country standards of ethics. B. E. Neon Synergy will follow its home-country standards of ethics at all its foreign locations. B. Asian countries are still under the influence of totalitarianism. Utilitarianism holds that the most ethical choice is the one that will produce the greatest good for the greatest number. A. B. E. cultural convergence. b. February 27, 2023 alexandra bonefas scott No Comments . a. preconventional morality A. B. During his tenure, he has witnessed numerous incidents of ethical misconduct. Cultural relativism C. Righteous moralism D. Sullivan principles E. Just distribution. To do what is meticulous. D. Utilitarianism A. B. righteous moralist. True However, in countries where such payments are considered as unethical, the company restricts its managers from indulging in such activities. c. moral relativism economic C. Virtue-based ethics a. Deontological theory The animal rights position of ethics is a(n) position. c. choose an alternative based on a comparison of his or her current ethical dilemma with examples of similar ethical dilemmas Which of the following statements is true regarding utilitarianism? Which of the following is a disadvantage of cause-related marketing? b. A strong sense of personal ethics exhibited by employees E. tax exemptions that are given only to local companies but not to foreign companies. c. Both theories have flaws associated with predicting the future consequences of an action. The best decisions, from a utilitarian perspective, are those that produce the greatest profits for businesses. A. Principle-based ethics In ethical decision making, it is illegal to apply the moral principles articulated in any company document other than the code of ethics. The utilitarian philosophy for business ethics primarily focuses on: D. Compliance-based. When making decisions, she always focuses on the immediate benefits she will gain from an alternative. B. cultural relativism. It renders utilitarianism incapable of giving concrete advice. Customers A. act that might otherwise provide overall good consequences. 4 0 obj They are standards of appropriate and proper behavior. However, the firm has been appreciated for abiding by the laws while earning profits. C. Auditing of decisions E. ethnocentric. b. a. Moral dilemmas refer to Group of answer choices situations where one needs to decide between deontology and utilitarian ethics. c. adhere to social norms and laws. A. dedication that businesses show in expanding their market share. Cultural relativism B. with a similar liberty for others. C. autonomy. The company recently decided to use a third-party recycling logo. Protecting the fundamental rights of stakeholders
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