1 / 1 point Which of the following statements is TRUE? b. 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. 22. B. vision statement Which of the following is a true statement about norms? d. moral relativism, 59. A. the righteous moralist. A. A. notions of ethics are universal. I. Utilitarians claimed that taking money from rich people and giving it to poorer people would make an economy worse off. It includes the formulation of moral rules that have direct implications for what human actions, institutions, and ways of life should be like. Consequences are the only important consideration. b. Jason, an editor, who has noticed that all his managers agree that it is okay to plagiarize a small amount of content occasionally Such practices are not economically feasible in the modern era. To place principles over morals a. According to the Foreign Corrupt Practices Act, "facilitating payments" are as illegal as bribes. A. b. Morals Utilitarianism is a consequentialist ethical theory focusing on outcomes and collective welfare; 2. It upholds adhering to a. Ethics of principles is based on self-interest, whereas utilitarianism is based on human rights. Naive immoralism B. Friedman doctrine C. Ethnocentrism Multinational corporations funding schools, universities, and hospitals in developing countries None of the above statements about utilitarianism is true. Multinational corporations gaining monopoly rights in developing countries in order to weaken the local competition A. the righteous moralist. Experts are tested by Chegg as specialists in their subject area. a. act utilitarianism A. considering the available alternatives <> Employees are penalized for any shortfall. c. self-regulations This illustrates _____. Consider the following statements: (i) The purpose of vulnerability scanning is to identify weakness of system/network in order to determine how a system can be exploited. Role ethics D. Immanuel Kant E. David Hume, Cadmium Technologies Inc. believes that the sole purpose of its existence is to maximize profits for its stockholders. a.) B. A. Principle-based ethics Customers The deontological theory compares a current ethical dilemma, while the utilitarian ethical theory is a belief in time-and-place ethics. Answer: It is an objectivist theory because the moral law applies to everyone at all times. D. just distribution. C. Kantian ethics Intentional deliberation False, 17. Environmental sustainability C. Trustees He knows that demanding a better manufacturing unit will raise the cost of the drugs mainly exported to other less developed countries, and hence its price. A) It protects the interests of the underrepresented and less powerful. C. rich corporations abusing their power for private gain. c. Casuist ethical theory A. it provides stability that can be a benefit at one time and can be a barrier to success at another (a) Utilitarianism advocates maximizing utility. Which of the following is a fundamental moral duty according to Immanuel Kant? Ethical responsibilities d. It offers significant advantages to U.S. businesses dealing in countries in which the use of illegal payments and bribes is acceptable. C. 27. According to Kant's ethics, which of the following statements is true? The veil of ignorance, a conceptual device designed by John Rawls, supports: d. To make profits. c Both theories have flaws associated with predicting the future consequences of an action. c. Act utilitarianism theory False False 4. supports the belief that life should be fair E. is easy to implement because of its childlike simplicityANS: C C. particular characteristics such as race, sex, and nationality. 68. Self-regulation refers to the voluntary acceptance of norms established by nongovernmental entities. B. Asian countries are still under the influence of totalitarianism. The company uses only organically grown grains and fruits. 67. B. d. Economic responsibilities, 25. A. maximize a firm's profit. A. unrealistic performance expectations. c. B. cultural relativism. followed by other corporations in that host nation. A. Values-based c. Green marketing Some goods are preferable to others. D. Ethics of principles is based on consequences, whereas utilitarianism is based on rules. B. C. influence foreign bureaucrats in the company's favor. b. have an egocentric orientation. Write by: . d. Cause-related marketing, 70. B. B. a It is more likely that marketers will recognize that behavior as unethical. 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. This scenario illustrates _____. A. Virtue ethics The CEO of United Synergy Inc., a company in its embryonic stage, believes that unethical behavior will result in premature decline of the company. b It is an effective internal control of behavior. b. Postconventional morality A. normative myopia A. However, the firm has been appreciated for abiding by the laws while earning profits. B. c. Sarah, who is a manager at an organization that does not provide guidelines for ethical behavior b. 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. Altruism C. moral emotions and sentiments. a. morals E. Righteous moralism. Which of the following statements is true of a utilitarian? c. It is permissible to lie to someone if it helps many other people. C. Legal compliance c. ethical relativism Ethics of principles is based on human rights, whereas utilitarianism is based on self-interest. Kantian deontology Egoism. b. Which statement is true of cause marketing? b. Because he did\underline{\color{#c34632}{did}}did his work so well, he got a raise. B. a firm should adopt the ethics of the culture in which it is operating. It holds that the ethical significance of any action can be d. Utilitarian ethical theory, 48. A. d. Opportunism, 57. Identify a true statement about corporate cultures. C- A utilitarian will always keep his promises to a friend and follow the law. Which of the following straw men approaches to ethics is most likely being adopted by Jonathan? B. C. have a strong system of personal ethics. These principles can be, and are, used in combination; different principles are also used in different situations. D. Large business corporations making social investments in host countries b. humanitarian ethics. the answer can only be comprehended by self-reflection and observation. 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? D. Each person should be permitted the maximum amount of basic liberty that is compatible D. people should be treated as means to the ends of others and never purely as ends. Group of answer choices. It is more likely that the action will not result in a negative outcome. d. Ethical relativism. Which of the following statements about sentence length is true? Making managers work away from their ordinary social context and supporting culture What is the difference between a principle-based framework of ethics and utilitarianism? He does not accept bribes irrespective of the amount of money. a. Quinn is the sales manager of a firm with a questionable reputation. 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. social sustainability. It is a form of consequentialism. Which of the following business practices is illustrated in this scenario? a. b. D. They consist of guidelines for bringing about positive behavioral change. Utilitarianism holds that the most ethical choice is the one that will produce the greatest good for the greatest number. 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? D. According to this declaration, citizens of a nation have no duties to their community. The deontological theory considers the welfare of the people, while the utilitarian ethical theory does not. A. Which of the following statements commits the ethical oversight known as normative myopia? A righteous moralist is most likely to claim that: Which of the four numbered statements is the conclusion? utilitarian ethics. True b. Ethical dilemma E. Neon Synergy will follow its home-country standards of ethics at all its foreign locations. b. C. identifying the ethical issues involved According to Kantian deontology, which of the following would make an act permissible? Following simplified decision rules The code of ethics of a company draws heavily upon documents such as the UN Universal Declaration of Human Rights, which itself is grounded in Kantian and rights-based theories of moral philosophy. This declaration provides different sets of fundamental rights and privileges for different cultures. Auditing decisions to make sure they are consistent with the company's moral principles B. Identifying the ethical principles followed by competing companies E. Kantian ethics, Which of the following is a straw man approach to business ethics? created risks on research subjects due to having forced participation, no respon sibility if any harms, no informed A. employing only those people who have a very high intelligence quotient. What is a decision procedure in ethics? Which of the following is most likely to lead to unethical behavior in a business setting? (do), The animals _________ all the water, so he gave them some more. 31. In rule utilitarianism, a person makes ethical decisions that benefit the maximum number of people and is not so concerned about laws. All of the above. c. Conventional morality B. stockholder d. focus on societal expectations. A person who follows the deontological theory will produce inconsistent decisions because they are be based on the individual's choices. d. Physical sustainability, 45. He will be concerned about how people will view his decisions. Hogg was touched by tragedy, and has allowed the trauma to dominate his life. A business firm is collaborating on an initiative with a nonprofit organization by providing public-relations training to working professionals throughout a country. C. Role ethics Which of the following statements is true of rule utilitarianism? C. decision makers are adamant on maintaining status quo due to a fear of change True Utilitarianism: A. states that any act that jeopardizes the individual's rights is wrongB. b. Which of the following are NOT stakeholders in a typical corporation? As the air flowed over the___ side of the boat, the sails filled and our speed increased. B. maximize stockholders' wealth. d. Utilitarian ethical theory. situations where one is required and can only carry out 1 course of . D. Descriptive myopia. C. change blindness Actions are right or wrong based upon their usefulness c. Actions are right or wrong based upon our intuitions regarding them d. None of the above To ponder over the nuances of ethics d. Corporate social responsibility, 24. competitive disadvantage. C. Cultural relativist D. Naive immoralist E. Righteous moralist. a. choose an alternative that adheres to laws and standards set by the government without considering his or her obligations toward society B. Utilitarian Which of the following statements best describes imperfect duties? b. Your task in this discussion is to summarize the ideas that you have gathered from your . a. b. Decisions must benefit the maximum number of people through the fairest and most universally just means available. Which of the following levels of ethical development does Hallie's behavior illustrate? _____ is a business's concern for the long-range welfare of both the company and its relationship to the society within which it operates. b. The utilitarian philosophy for business ethics primarily focuses on: D. normative myopia, "_____" include all of the groups and/or individuals affected by a decision, policy, or operation of a firm or individual. c should be in written form to avoid confusion. B. following the rules, regardless of consequences. b. A. basic human rights. A decision is considered ethical or not based solely on the number of people who benefit from the decision. a. a. Philanthropy should be the most important function of a corporation. 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. C. Hiring independent auditors to ensure that subcontractors used by the company are living b. 2. 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? Happiness may encompass pleasure and pain. b. Opportunism C. mission statement Moral relativism theory D. human beings have fundamental rights and privileges that transcend national boundaries B. states that an individual's actions should not be constrained by laws Question 13 3 / 3 pts Moral dilemmas refer to. D. Kantian ethics. E. geographical distance between employees and the parent company. c. It is typically drafted by government agencies. 3. It holds that the ethical significance of any action can be To do what is meticulous. Moral relativism theory b. so that website operators obtain verifiable consent from parents before collecting personal information about children under age thirteen. A. By protecting employees, trade unions violate the fundamental rights of stockholders. Which of the following statements is true of a utilitarian? B. Sullivan's principles. Making a decision B. identifying the stakeholders b. c. A utilitarian is not necessarily concerned with the welfare of others. b. c They reflect the laws and regulations that affect social and economic behavior. B. cultural relativism. C. fundamental human rights and privileges transcend national boundaries and cultures. 43. a. Which of the following concepts was developed by John Rawls and posited that everyone is imagined to be oblivious to all of his or her particular characteristics, such as, race, sex, intelligence, nationality, family background, and special talents? True On which of the following statements would a hedonic utilitarian and an idealist utilitarian disagree? b. Which of the following statements is true about value-based cultures? It upholds adhering to a set of principles that may forbid an D. auditing a decision to check for its consistency with ethical principles. b. a code of ethics was absent from his firm E. war-torn countries. A. act that might otherwise provide overall good consequences. B. B- utilitarian believes that arson is sometimes ethical and not always wrong. C. strong personal ethics among employees. a. On being criticized as unethical, the manager argues that such actions are ethically defensible because everyone in Cadmia is doing it. b. d. A true statement about corporate culture is that _____. A. bribes. C. Moral imagination a It involves the cooperative efforts of a for-profit firm and a nonprofit organization for their mutual benefit. Naive immoralism C. A values-based culture Which of the following statements is CORRECT? E. human dignity. C. Change blindness A multinational corporation that adopts the naive immoralist approach to ethics will most likely: Which of the following observations is true of ethics? d. social-regulations, 74. Moral relativism theory Conventional morality is the most basic level of ethical development. C. utilitarian framework of ethics E. cultural convergence. 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. Pressuring managers to shun the concept of noblesse oblige. endobj It also promotes organic farming and helps nonprofit agencies who focus on food and nutrition causes. According to the Foreign Corrupt Practices Act, "facilitating payments" are as illegal as bribes. However, some Westerners view the practice as a form of bribery, and therefore unethical, particularly if the gifts are substantial. Jack is told by a foreign official that he cannot obtain the contract that he critically needs unless he pays a bribe. They are standards of appropriate and proper behavior. A. Control headlines (N = 20), in which the headline could easily be determined true or false (e.g., In 2018, the average adult human's height was 10 feet).Neutral headlines (N = 20), in which the headline pertained to current events or pop culture, but wasn't politically/socially divisive (e.g., New McDonald's restaurant opened . Some contemporary moral philosophers view Kant's ethical philosophy as incomplete because his system has no place for: Social sciences such as psychology and sociology are different from ethics owing to the fact that they are _____. A. Which of the following is most likely to reduce the pressure on managers to violate their personal ethics? D. Righteous moralist E. Sullivan principles. E. Adopting the moral principles specified in the code of ethics of the company, Which of the following is the last step in ethical decision making? a. d. affinity marketing. Objectivity is vital to ethical thought. In this scenario, Quasio Foods is most likely to have adopted the practice of _________________. A. respecting fundamental human privileges. It is most effective when presented in a long list of dos and don'ts. It does not increase the sale of products. 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. D. believe that, in a host country, any action is ethically justified if everyone is doing it. a. Which of the following practices should be avoided by a company to ensure ethical decision making? Morals are rules that people develop as a result of cultural values and norms. act that might otherwise provide overall good consequences. ethics? 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. Corporate espionage B. It holds that the ethical significance of any action can be determined by looking at the consequences of that act. B. virtue ethics C. Multinationals can compensate for the violation of fundamental rights by taking up social Robin is demonstrating _____. Businesses can make sure that they are hiring individuals with strong personal ethics by: a. E. Multinational corporations moving production to developing countries to exploit their lower d. It requires corporations to use anticompetitive measures. d. They set absolute standards for good and bad that are enforced by the law. B. Identify a true statement about ethical decision making in business. 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. D. Corporate cultures in a global firm differ significantly across different countries. a. Philanthropic responsibilities C. It applies most appropriately to ethical. E. Moral courage. People should be discriminated on the basis of cast and class. b. Postconventional morality Davis is facing: 33. Moral judgements are made by considering the consequences of individual actions. In a business setting, which of the following practices is most likely to be considered as unethical? % The pyramid of corporate social responsibility presents ethical responsibilities as the foundation for the other three responsibilities. Art and Design. B. deontological ethics Ethics of duty is a principle based ethical theory attributed to Emmanuel Kant. c. It proves that the theory is excessively committed to impartiality. Striving to select only the best alternative A. considering the moral character of individuals. b. E. tax exemptions that are given only to local companies but not to foreign companies. d. Rule utilitarianism theory, 82. False, 14. E. result in the justified treatment of a minority. Protecting the fundamental rights of stakeholders c. Casuist ethical theory 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 B. Justice theories primarily focus on: A. b Both theories may lead to actions that are not ethically correct. or right to hold personal property. The practice of "gift giving" between the parties to a business negotiation is considered right and proper behavior in many Asian cultures. Then, above the word, write it with correct capitalization. A. b. Which of the following statements is true of a utilitarian? The Sullivan principles C. Utilitarianism a. c. Social regulations a. c. Economic sustainability D. varying ethical standards in different cultures. d. Utilitarian ethical theory, 66. D. is generally easy to modify, Which of the following is a traditional approach to corporate culture? A. Kantian ethics a. Deontological theory E. makes it obligatory for companies to adopt a zero-tolerance approach toward grease d. b. It is the most basic level of ethical development. 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. Which of the following statements is true about an ethical leader in a corporate environment? The means used to motivate others and achieve one's goals plays a key role in distinguishing between: 61. Rule utilitarianism c. Moral relativism B. Act utilitarianism True A. help them navigate through difficult ethical dilemmas. determined by looking at the consequences of that act. News headlines were constructed within three distinct categories. We reviewed their content and use your feedback to keep the quality high. d. green marketing, 69. . In the modern world, corporations can worsen the global tragedy of the commons by: Which of the following best exemplifies the global tragedy of the commons?