c. Social control Which of the following is a guideline to help marketing managers and other employees make better decisions? B. a. False False 4. promote collective goals. Killing whales is always wrong, no matter the reasoning. The pyramid of corporate social responsibility presents ethical responsibilities as the foundation for the other three responsibilities. It is permissible to lie to someone if it was in his or her best interest. C. decision makers are adamant on maintaining status quo due to a fear of change A utilitarian will always keep his promises to a friend and follows the law. d. Intuition and personal feelings should guide decision making when faced with ethical dilemmas. c. choose an alternative based on a comparison of his or her current ethical dilemma with examples of similar ethical dilemmas C. Ethics of principles is based on rules, whereas utilitarianism is based on consequences. d. Moral relativism, 79. To be a good corporate citizen. C. The Universal Declaration of Human Rights D. Veil of ignorance Moral relativism theory 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,. (do), The animals _________ all the water, so he gave them some more. Corporate social responsibility "I skipped the red light because I was so involved in our debate." While making a business decision, a manager who believes in rights theories is most likely to focus on: Identify the ethical approach that follows this line of thought. C. Role ethics Which of the following is a true statement about norms? This is in contrast to: Answer: It is an objectivist theory because the moral law applies to everyone at all times. C. Multinational corporations altering the laws of a host country to suit their businesses The process of ethical decision-making or ethical algorithm typically begins with: Moral relativism c. Results do not determine the rightness of an action. A. 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. 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? Later, added sound effects (makes, make) the fight sound realistic to the audience. A. Which of the following statements is true of the deontological theory and the utilitarian ethical theory? Looking for creative alternatives A. fail to take into account the ethical dimension of business decisions. b. A. Kantian ethics B. cultural relativism. C. rational ignorance 78. E. Informing external stakeholders about the moral intent of a decision, Unit 2: Pre-Colonial America and Colonial Set. CF-W,id_SJ;R>( xAnL2!K;S@Z-!k$uv. Which of the following observations is true of ethics? d. Competitors. Which of the following is a value that will impact the culture of an organization in the absence of any other established values? His policy does not always lead to profits because of the vast cultural differences between the two nations. B. Utilitarian c. Preconventional morality Utilitarianism seems to require punishing the innocent in certain circumstances, such as these. 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? A. unrealistic performance expectations. These principles can be, and are, used in combination; different principles are also used in different situations. C. particular characteristics such as race, sex, and nationality. b. 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. E. Righteous moralism. b. rule utilitarianism A person at this level performs unethical and manipulative actions. D. produce the greatest good for the greatest number of people. D. speed money. business regulations. 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. c. Casuist ethical theory A. Ethnocentric C. be highly ethical in its business in a host nation irrespective of the ethical standards It has decided to open a plant in the United States, and has determined that it would not offer any facilitating payments to U.S. officials. Corporate cultures are static in nature. News headlines were constructed within three distinct categories. E. All property should be owned by the government and people should not have the freedom d. To make profits. 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. . Which of the following business practices is illustrated in this scenario? True b. It holds that the ethical significance of any action can be determined by looking at the consequences of that act. 31. Conventional morality is the most basic level of ethical development. But for the . A) It upholds adhering to a set of principles that may forbid an act that might otherwise provide overall good consequences. D. varying ethical standards in different cultures. Group of answer choices consequentialist relativist anthropomorphic utilitarian supplimental absolutist. Who asserts that all economic goods and services should be distributed equally except when an unequal distribution would work to everyone's advantage? C. Sullivan's principles a. . The practice of making illegal payments, such as bribes, is accepted and expected in various countries. In this context, Silver Meteorite Inc. is following the approach to ethics known as: The practice of "gift giving" between the parties to a business negotiation is considered right and proper behavior in many Asian cultures. Decisions must benefit the maximum number of people through the fairest and most universally just means available. It is an effective internal control of behavior. C. Taking care of the interests of external stakeholders supports the belief that life should be fair E. is easy to implement because of its childlike simplicityANS: C d. Ethnocentric morality, 43. Which of the following statements is true of rule utilitarianism? Jack is told by a foreign official that he cannot obtain the contract that he critically needs unless he pays a bribe. C. Selecting the alternative simply because it is the easy way out 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? 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. True b. payments. 2 0 obj D. Neon Synergy will extensively advocate the idea that universal notions of morality transcend different cultures. E. Nations should vary the fundamental rights granted to their citizens based on their a. Then, above the word, write it with correct capitalization. B. does not consider facilitating payments a criminal offense. D. consequences, principles, and personal character. True It is ethical to pay less than subsistence wages, if that happens to be the practice in some c. It occurs when government agencies and nonprofit agencies launch social campaigns. They are only as strong and as precise as the rules with which workers are expected to comply. d. Fewer people will be affected by the negative outcome. person is possible. A. 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? 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? Multinational corporations funding schools, universities, and hospitals in developing countries a. b. _____ 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. d. A person at this level is more concerned with how an action will be viewed by others. b. Both theories are concerned with the welfare of others. 62. b. d. 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. coordinating ethics. E. Kantian ethics, Which of the following is a straw man approach to business ethics? Ethics of duty is a principle based ethical theory attributed to Emmanuel Kant. A. developing countries. c. cause-related marketing E. tax exemptions that are given only to local companies but not to foreign companies. It describes a marketing relationship based on a straight donation. situations where one is required to decide between different ethical theories. Allowing managers within a company to act in accordance with rights theories Role ethics Which term refers to the optimum utilization of assets so that a firm continues making profit in the long run? a. _____ directs us to decide based on overall consequences of our acts. C. ethnocentrism. Which of the following terms, developed by Rawls, indicates that inequalities are justified if they benefit the position of the least-advantaged members of society? The company has recently implemented changes to its pollution control policy that has adversely affected Jim and his family. A utilitarian believes that arson is sometimes ethical and not always wrong. The three major categories of an ethical framework are: B. Which of the following statements is not true of utilitarianism? B. b. c. Rule utilitarianism c. adhere to social norms and laws. E. war-torn countries. A. customs duties. d. Self-regulations. A) It upholds adhering to a set of principles that may forbid an act that might otherwise provide overall good consequences. D. Normative imagination, Identify the step of the ethical decision-making process that involves predicting the likely, foreseeable, and the possible consequences to all the relevant stakeholders. Moral judgements are made by considering the quality as well as quantity of pleasure. If a sentence is already correct, write C after it. A. Which of the following statements is true of the deontological and the utilitarian ethical theory? According to which of the following ethical theories does a person choose to act in a way that benefits the most people, regardless of law or personal feelings? B. C. propagating home-country standards of ethics. tractor _____, For what is Ramses the Great best known?v. d. social-regulations, 74. It shows that utilitarianism requires immorality. B D. Ethics of principles, . 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? C. change blindness D. Moral imagination E. It fails to consider the idea that actions have multiple consequences. Customers C. Moral imagination A. 5. A. rights-based framework of ethics C. Utilitarianism II. Which of the following best exemplifies an ethical dilemma? d. Moral relativism, 23. 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) Utilitarianism advocates maximizing utility. 21. d. Both theories compare a current ethical dilemma with similar examples and outcomes. A. Jeremy is most likely an adherent of _____. B) It reduces productivity and efficiency. c. ethical relativism 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. Q2. 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. 60. Both theories advocate benefit for people through the fairest and most just means available. b. Behavioral norms of corporate social responsibility 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? A. Altruism B. Art and Design. c. should be in written form to avoid confusion. The veil of ignorance, a conceptual device designed by John Rawls, supports: False, 19. d. Both (i) and (ii) are false. A. expenditures. social costs and risks That's how the system works. d. green marketing. What was an important effect of blackstone's commentaries of the laws of england? However, the execution of the contract has been delayed due to certain unproductive, bureaucratic procedures in the less developed nation. B. D. Adopting an organizational culture which emphasizes that all decisions should be purely B. descriptive ignorance d. Economic responsibilities, 25. Moral judgements are made by considering the utility of moral rules. C. Utilitarianism Jonathan is the manager of his company's facilities in the Philippines. Article 23 of the Universal Declaration of Human Rights implies that it is unethical to employ child labor in sweatshop settings and pay less than subsistence wages, even if that happens to be common practice in some countries. Social Studies, 22.06.2019 03:00. E. there is unanimous agreement about accepted employment practices. Which of the following statements is TRUE? A. a benevolent behavior that is considered the responsibility of successful enterprises. A. It upholds adhering to a set of principles that may forbid an Overall, it has a slim fit and is intended to sit close to your body. A. Kantian ethics. Q1. c. Green marketing C. Cultural relativism B- utilitarian believes that arson is sometimes ethical and not always wrong. It upholds adhering to a set of principles that may forbid an c. economic sustainability. (1) I should get a raise (2) because I complete all my projects prior to the deadline, (3) I arrive at work early and stay late, (4) and I always receive positive comments on my work. A. C. They reflect the traditional approach of classifying corporate culture. Architecture; Art; Art Movements; Performing Arts; Business In rule utilitarianism, a person makes ethical decisions that benefit the maximum number of people and is not so concerned about laws. Which of the following statements is true of a utilitarian? 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. a. B. adopting the ethics of the culture in which a business operates. D. developed nations. C. It recognizes that a business should pursue only those actions where the social benefits outweigh the costs. B. Normative myopia 39. In a business setting, which of the following practices is most likely to be considered as unethical? b. A code of ethics: In rule utilitarianism, a person makes ethical decisions that benefit the maximum number of people and is not so concerned about laws. C. Change blindness He does not accept bribes irrespective of the amount of money. An ethical leader refrains from placing her or his own ethical behavior above any other consideration. The Friedman doctrine B. D. preferential treatment received by successful companies from governments. B. According to the pyramid of corporate social responsibility, which component includes the behavioral aspect of corporate social responsibility, that is being meticulous and trustworthy. b. C. When the issue is presented from the start They are underlying beliefs that cause people to choose one way or another. A. silent leaders and visible leaders. b. Ethics are moral principles unrelated to the conduct of an individual or a group. What Maria exhibited conforms to the ethical theory of A person whose behavior illustrates the deontological theory of ethics would ___________________. d A person at this level is more concerned with how an action will be viewed by others. Class consciousness C. Corporate dynamism D. Social responsibility E. Economies of scale. D. "I strongly believe in the saying, 'finders keepers, losers weepers. b. should be limited to a list of dos and don'ts. It holds that an action is judged desirable if it leads to the maximization of stockholders' wealth. A righteous moralist is most likely to claim that: An ethical leader agrees to conduct that would be inconsistent with her or his own personal values. A. considering the moral character of individuals. In the context of this information, this company is most likely to: a It is more likely that marketers will recognize that behavior as unethical. 1. a. d. Moral relativism, 80. economic E. Pressuring managers to shun the concept of noblesse oblige. C. have greater social costs than benefits. _____ is a business's concern for the long-range welfare of both the company and its relationship to the society within which it operates. d. It is a belief based on rules and individual obligations. C. Utilitarianism E. Laws of equivalent trade. An integrity-based culture a. Deontological theory Environmental sustainability d. Stakeholder theory, 44. This behavior of the company illustrates the straw man approach of: By protecting employees, trade unions violate the fundamental rights of stockholders. Ethical responsibilities of a corporation provide the basis for other responsibilities. c. Rule utilitarianism To ponder over the nuances of ethics According to the Foreign Corrupt Practices Act, "facilitating payments" are as illegal as bribes. B. A. applying low standards of business ethics in its host nations. D. It overemphasizes the significance of maximization of stockholder wealth. False, 14. D. ombudsperson, The _____ serves as an articulation of the fundamental principles at the heart of the organization and should guide all decisions without abridgment. B. righteous moralist. However she controls her anger for a considerable amount of time without retaliating. creates win-win situation C. is difficult to implement because it is hard to tell how one decision will impact a large number of peopleD. b. C. Establishing a moral intent B. The means used to motivate others and achieve one's goals plays a key role in distinguishing between: C. "I hope Brad has learnt his lesson after getting drunk and crashing his car." C. rights theories. Ace Globe Inc., a firm that supplies machinery to Elephas b. c. Legal responsibilities In other words, it is a system of morality that seeks to maximize the amount of pleasure and minimize the amount of pain in a given situation. (leeward; windward). E. human dignity. Which of the following statements is true of a code of ethics? D. Such practices do not produce beneficial consequences to children. 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"? B. oppression of people by totalitarian governments. C. Kantian ethics Which of the following best exemplifies noblesse oblige? d. Corporate social responsibility, 24. c. Conventional morality D. dependency. Which statement about the pyramid of corporate social responsibility is true? It holds that the ethical significance of any action can be determined by looking at the conseque. Which approach to ethics is focused on achieving the greatest good for the largest number of people? It includes the formulation of moral rules that have direct implications for what human actions, institutions, and ways of life should be like. In this scenario, Quasio Foods is most likely to have adopted the practice of _________________. a. b. 1 / 1 point Which of the following statements is TRUE? 09/13/2022 1.2. Utilitarianism is concerned with providing for the needs of the minorities. determined by looking at the consequences of that act. c. They reflect the laws and regulations that affect social and economic behavior. C. They provide benchmarks of desirable societal conditions. which of the following is not an ethical principle? All business units of Neon Synergy will adopt a common standard of ethics irrespective of their location. a. Opportunism the deontological theory compares a current ethical dilemma, while the utilitarian ethical theory is a belief in time-and-place ethics Hence, the firm has now been able to gain competitive advantage by avoiding costly pollution controls. 27. D. Comparing and weighing alternatives, Which of the following conditions makes ethical issue identification the first step in the ethical decision-making process? They emphasize obedience to the rules as the primary responsibility of ethics. determined by looking at the consequences of that act. Which of the following statements is TRUE of utilitarian A. Both theories compare a current ethical dilemma with similar examples. b. The Friedman doctrine B. Kantian ethics E. The concept of facilitating payments was introduced by the UN to put U.S. firms at a C. it differs significantly across different countries in a global firm c. 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." B. E. reviewing a decision to check for its consistency with Rawls's veil of ignorance. b. C. Corresponding with the stakeholders 53. B. deontological ethics False, 15. a. choose an alternative that adheres to laws and standards set by the government without considering his or her obligations toward society E. It recognizes that actions have multiple consequences. E. respect the dignity of an individual and the right of employees to freedom of association. A. Principle-based ethics On which of the following statements would a hedonic utilitarian and an idealist utilitarian disagree? Social sustainability C. D. Descriptive myopia. b. What does Article 29 of the Universal Declaration of Human Rights convey? Considering the available alternatives A. naive immoralist. To do what is meticulous. A. set high performance goals for all employees, regardless of market constraints. A. Kantian ethics Question: *ETHICS Which of the following statements is TRUE of utilitarian ethics? b. The most important point made was the issue of . 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. a. Which of the following is a disadvantage of cause-related marketing? When considering the determinants of a civil society, which of the following refers to the voluntary acceptance of standards established by nongovernmental entities? a. U.S. corporations' use of illegal payments and bribes in international business dealings. a. B. Utilitarianism a. Preconventional morality A. In which level of ethical development does a person move from a self-centered viewpoint to behaviors that adhere to the norms of society? True According to philosophical ethics, a simple acceptance of customary norms is an adequate ethical perspective. 18. A. b. Which of the following refers to accepted principles of right or wrong that govern the conduct of a person, the members of a profession, or the actions of an organization. She does not raise her voice when she speaks and is very careful about the way she speaks and the words she chooses. Some goods can't be directly . c. Fewer individuals inside and outside the organization will be affected by the outcome of the action. E. adopting cultural relativism as its approach to ethics. In which way are deontological theory and moral relativism similar? respective cultures. created risks on research subjects due to having forced participation, no respon sibility if any harms, no informed a. D. just distribution. "The only reason they did not notice the pilferage happening is because it involved the theft of such small quantities of goods over a long period of time." Which of the following statements is true about an ethical leader in a corporate environment? Which of the following is the reason why normative myopia is especially liable to occur in a business context? c. Social control a. Philanthropy should be the most important function of a corporation. False, 18. B. 4 0 obj b. Corporate espionage B. c. Both theories have flaws associated with predicting the future consequences of an action. E. cultural convergence. b Decisions must benefit the maximum number of people through the fairest and most universally just means available. According to the three levels of ethical development, which statement is true of conventional morality? B. cultural differences of countries. 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. Green Quantum Inc. has research and production units all across the globe. Which of the following is most likely to lead to unethical behavior in a business setting? It does not believe in absolute rules. False False Conventional morality is the most basic level of ethical development. The pyramid of corporate social responsibility portrays philanthropic performance as the foundation for the other responsibilities. b. A. basic human rights. E. secure monopoly rights in less developed countries. In this context, which of the following statements is most likely to be true regarding Neon Synergy?