B. the moral worth of actions. C. fundamental human rights and privileges transcend national boundaries and cultures. b. Killing whales is always wrong, no matter the reasoning. A. The means used to motivate others and achieve one's goals plays a key role in distinguishing between: C. Such practices violate our duty to treat children with respect. a. D. protecting multinationals in case they violate fundamental human rights. A. Tragedy of the commons E. adopting cultural relativism as its approach to ethics. E. Informing prospective employees about the ethical climate in the organization, Who falls into the category of external stakeholders of an organization? B. deontological ethics 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. Ethical responsibilities A. the Friedman doctrine. E. human dignity. a. should include an operations schedule of day-to-day activities. A. considering the available alternatives Reliance on personal integrity of employees for decision making c. Conventional morality d. focus on societal expectations. b. a. Which of the following statements is true of rule utilitarianism? Naive immoralism B. Friedman doctrine C. Ethnocentrism An ethical leader agrees to conduct that would be inconsistent with her or his own personal values. C. Hiring independent auditors to ensure that subcontractors used by the company are living 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. Rule utilitarianism A. rights-based framework of ethics True Which of the following refers to an underlying belief that causes people to choose between plausible courses of action? Foreign Corrupt Practices Act (FCPA) was enacted because congress was concerned about 42. D. Companies are allowed to make facilitating payments only in developing countries. 2003-2023 Chegg Inc. All rights reserved. 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? Which of the following ethical theories would not allow bribing? A. employing only those people who have a very high intelligence quotient. a He will be concerned about how he sees and judges himself over the long run. E. a negativity effect. 78. Moral judgements are made by considering the consequences of individual actions. a. A. a. C. Taking care of the interests of external stakeholders All business units of Neon Synergy will adopt a common standard of ethics irrespective of their location. C. partner C. Selecting the alternative simply because it is the easy way out 9. If there is more than one definition, use one that emphasizes the meaning of the root. Which of the following statements is true of a utilitarian? a. Preconventional morality b. Postconventional morality Both theories advocate benefit for people through the fairest and most just means available. Under John Rawls's concept of veil of ignorance, people are imagined to be ignorant of their: True b. Which of the following statements is true of the utilitarian approach to business ethics? a. Deontological theory b. Opportunism B. maximize stockholders' wealth. a. Philanthropic responsibilities B. exploiting the national differences in factors of production. Which of the following is a fundamental moral duty according to Immanuel Kant? c. It proves that the theory is excessively committed to impartiality. C. utilitarianism D. These cultures are perceived to be more flexible and far-sighted corporate environments. 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. C. Corporate cultures influence, limit, and shape the decision making within a firm. E. cultural convergence. Environmental sustainability B. Principle-based ethics d A person at this level is more concerned with how an action will be viewed by others. Cultural relativism C. Righteous moralism D. Sullivan principles E. Just distribution. A. Values-based Which of the following is a drawback of the utilitarian approach to business ethics? Considering unlimited alternatives In this context, which of the following statements is most likely to be true regarding Neon Synergy? A. 30. a. preconventional morality A. minimizing the amount of political liberty permitted to each person. 40. That's how the system works. B. judging the ethics of the proposed strategic decision. What Maria exhibited conforms to the ethical theory of D. It overemphasizes the significance of maximization of stockholder wealth. The straw man approach of righteous moralism is typically associated with managers from: He operates at the postconventional level of morality while making ethical decisions. A. C. income statement b. d. Economic responsibilities, 25. Which of the following statements is true regarding utilitarianism? b. Multiple Choice Self-Quiz - Oxford University Press They are universal and seldom vary. Your task in this discussion is to summarize the ideas that you have gathered from your . Which of the following is a disadvantage of cause-related marketing? A. Professional and personal interactions depend on ethical behavior. Answer: It is an objectivist theory because the moral law applies to everyone at all times. b. Sustainability 26. Moral judgements are made by considering the utility of moral rules. E. The concept of facilitating payments was introduced by the UN to put U.S. firms at a Ethical responsibilities of a corporation provide the basis for other responsibilities. c. Both theories are free from flaws. B. effective leaders and ethical leaders. 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? Underline the root of each word. B. d. Moral relativism, 23. Which of the following represents a business's concern for society's welfare? E. ethnocentric. Both theories may lead to actions that are not ethically correct. C. Satisfying the maximum decision criteria Business attracts people from diverse backgrounds, which makes it difficult to identify ethical standards agreeable to everybody. D. Engaging in ethical behavior 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. Behavioral norms, 38. Mark comes from a very poor family yet he works hard and scores high in his school exams. act that might otherwise provide overall good consequences. c. Casuist ethical theory When considering corporate social responsibility, which is true of stakeholder theory? C. have greater social costs than benefits. B. cultural relativism. c. Casuist the deontological theory considers the welfare of the people, while the utilitarian ethical theory does not 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. D. Large business corporations making social investments in host countries d. social-regulations, 74. The company uses only organically grown grains and fruits. 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. B. set unrealistic performance goals for its employees. D. Descriptive myopia. D. just and fair treatment of a minority. B. Adoption of which of the following ethical approaches is most likely to cause a company to use tools such as cost-benefit analysis and risk assessment to weigh all of the social benefits and costs of a business action? C. It advocates moral imperialism and ethnocentrism. b. D. produce the greatest good for the greatest number of people. Ethics followed by other corporations in that host nation. A. fail to take into account the ethical dimension of business decisions. The Friedman doctrine C. Cultural relativism A. basic human rights. 1.Chapter 2 - Normative Theories of Ethics Flashcards - Quizlet; 2.HSA305Quiz2.docx - Which of the following is true regarding 3.quiz 2 bus309.docx - Question 1 5 out of 5 points - Course Hero c. Fewer individuals inside and outside the organization will be affected by the outcome of the action. a. However he fails to get a job since the school he studied in did not equip him with the adequate knowledge to find a job. B. Conventional morality is the most basic level of ethical development. A. 49. first principles cannot be proven by reasoning. d. Physical sustainability, 81. C. principle-based ethics E. It fails to consider the idea that actions have multiple consequences. c. to set a standard for the suite of educational apps. b. False, 17. D. developed nations. 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? D. A compliance-based culture. Which of the following statements is true of utilitarian ethics? True b. D. Assumptions, Identify the final step in the ethical decision-making process? a. a. a. Which of the following is most likely to lead to unethical behavior in a business setting? C. B. a firm should adopt the ethics of the culture in which it is operating. B. administering simple tests that indicate analytical skills of a prospective employee. b. a code of ethics was absent from his firm 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? 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"? A. silent leaders and visible leaders. Utilitarianism is a tradition of ethical philosophy that is associated with Jeremy Bentham (1747-1832) and John Stuart Mill (1806-1873), two late 18th- and 19th-century British philosophers,. D. According to this declaration, citizens of a nation have no duties to their community. D. considers payment of speed money to be moral, but illegal. Which of the following statements is true of facilitating payments? d. It applies to top managers of an organization rather than its employees. c. Green marketing C. makes grease payments mandatory in order to obtain exclusive preferential treatment in a b. C. identifying the ethical issues involved B. Matt, a prominent member of the top management of Elephas B. payments. B. descriptive ignorance d. It seldom helps companies increase the sale of their products. Auditing decisions to make sure they are consistent with the company's moral principles B. Identifying the ethical principles followed by competing companies The manufacturing unit does not meet the acceptable standards of the manufacturing facility in the home nation. Act utilitarianism Which term refers to the optimum utilization of assets so that a firm continues making profit in the long run? Which of the following straw men approaches to ethics is most likely demonstrated by the manager? d. It is a belief based on rules and individual obligations. A. help them navigate through difficult ethical dilemmas. News headlines were constructed within three distinct categories. E. justice theories. 27. b. D. It asserts that managers should not follow ethical norms if they see that others firms are also not following them. c. Corporate self-dealing Businesses can make sure that they are hiring individuals with strong personal ethics by: To ponder over the nuances of ethics D. Moral imagination A. C. rational ignorance A. makes it mandatory for companies to adhere to the pollution control standards of their home country in all the nations in which they do business. Which of the following straw men approaches to ethics is most likely being adopted by Jonathan? A. D. Everyone has duties to the community in which alone the free and full development of a PHILL100 - Introduction_to_Ethics_sophia_final_milestone,100% CORRECT. D. excise taxes. A person who follows the deontological theory will produce inconsistent decisions because they are be based on the individual's choices. 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 a. A. B. b. ethics? 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. E. firms that fail to maximize stockholders' wealth violate fundamental rights and privileges. '", 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. b. achievement of hedonistic pleasures. c. It is permissible to lie to someone if it helps many other people. Business decisions made by managers of Neon Synergy will be solely based on the goal of maximization of societal good. 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. D. It believes in maximizing personal well-being and the C. Cultural relativism What ethical theory has Mark displayed in this case. C. opposing ethnocentrism and righteous moralism. c. Legal responsibilities A utilitarian believes that arson is sometimes ethical and not always wrong. E. Righteous moralism. . A. Relationship marketing b. Postconventional morality C. noblesse oblige and social responsibility. 39. countries. It upholds adhering to a set of principles that may forbid an act that might otherwise provide overall good consequences. Employees are penalized for any shortfall. Then, above the word, write it with correct capitalization. 62. Ace Globe Inc., a firm that supplies machinery to Elephas D. Companies should place their narrow economic interests before the interests of stakeholders. B. B. a. Solved *ETHICS Which of the following statements is TRUE of - Chegg a. Solved 5 5) Which of the following statements is decisive in - Chegg tractor _____, For what is Ramses the Great best known?v. False, 15. True B. accountability that a manager has to his subordinates. Architecture; Art; Art Movements; Performing Arts; Business The 17 Best Leather Jackets of 2023 | by InStyle E. Moral courage. C. a positivity offset. It is more likely that marketers will recognize that behavior as unethical. E. reviewing a decision to check for its consistency with Rawls's veil of ignorance. It renders utilitarianism incapable of giving concrete advice. As the air flowed over the___ side of the boat, the sails filled and our speed increased. 1. A. associate C. A values-based culture A. Kantian tradition Only (i) is true. 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 stream D. Identifying new ethical dilemmas to tackle, Identify the cognitive barrier which might appear to relieve us of accountability for a decision? A. Principle-based ethics d. They set absolute standards for good and bad that are enforced by the law. a. relationship marketing d. affinity marketing. c. Economic sustainability Both theories compare a current ethical dilemma with similar examples. Utilitarianists believe that the rightness of an action is identical to D. believe that, in a host country, any action is ethically justified if everyone is doing it. It omits the consideration of justice. a. C. The political and economic freedom of people should be highly restricted in order to This behavior of the company illustrates the straw man approach of: A. Robin is demonstrating _____. a U.S. corporations' use of illegal payments and bribes in international business dealings. Such payments are typically referred to as: a. c. Casuist ethical theory 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. cause-related marketing. B. Hence, the firm has now been able to gain competitive advantage by avoiding costly pollution controls. Which of the following statements about sentence length is true? Q2. B. totalitarian nations. a. Casuist ethical theory B. the answer can only be comprehended by self-reflection and observation. D. apartheid laws. Therefore, which level of ethical development does Jamal's behavior demonstrate? 61. B. a sudden change is overlooked by decision makers A. After seeing a whole new collection of phones at a store, Max is regretting the purchase of an outdated phone he made last month. Only (ii) is true. d A utilitarian compares similar predicted solutions and uses a point system, 72. Which approach to ethics is focused on achieving the greatest good for the largest number of people? B. Chapter 3 Multiple Choice Questions - Business Ethics 5e Student 32. b. d. Self-regulations. Moral relativism theory B. C. cultural relativism. They are underlying beliefs that cause people to choose one way or another. The company recently decided to use a third-party recycling logo. A. Judging the ethics of the proposed decision B. A. In order to ensure that the company starts operating in the most ethical manner, the CEO should: Which of the following statements are correct? Because he did\underline{\color{#c34632}{did}}did his work so well, he got a raise. C. maximizing business profits by increasing employee productivity. c. If a company does not make a profit, then the other 3 responsibilities - legal, ethical and philanthropic are moot. 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? 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). How are act utilitarianism and rule utilitarianism similar? 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. Naive immoralism B. When considering the determinants of a civil society, which of the following refers to the voluntary acceptance of standards established by nongovernmental entities? Role ethics b. E. demonstrate a high degree of ethnocentrism. 77. b. Following simplified decision rules What conflict does Montezuma see between Native American interests and the dominant social and economic order arrayed against them? 10. D. classicism, Free market economics is grounded in the _____. D. When the stakeholders in the decision cannot be determined, _____ refers to shortsightedness about values. It is the only moral framework that can be used to justify military force or war. B. c. 5. D. normative myopia, Missing a highway turn-off as a result of speaking on a cell phone while driving is an example of _____. B. ignore business variables such as cost, delivery, and product quality. Both theories are concerned with the welfare of others. _____ is a business's concern for the long-range welfare of both the company and its relationship to the society within which it operates.