Corporate social responsibility (CSR) refers to the: a. These principles can be, and are, used in combination; different principles are also used in different situations. endobj
d. It states that the management does not play a special role in the organization. b. a. E. weighing the benefits, costs, and risks associated with a course of action. C. It recognizes that a business should pursue only those actions where the social benefits outweigh the costs. a. Deontological theory Moral relativists believe that an act is always ethically wrong if it is legally wrong. D. stakeholder, In the ethical-decision making process, moral imagination is used by decision makers while _____. True The righteous moralist C. The naive immoralist D. Kantian ethics A. 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. Developing long-term sources of clean water to improve health and preserve local ecosystems while creating a competitive advantage is an example of: It describes a marketing relationship based on a straight donation. Social sciences such as psychology and sociology are different from ethics owing to the fact that they are _____. a. Preconventional morality Which of the following is a reason why a rights-based framework of ethics would object to child labor? E. It fails to consider the idea that actions have multiple consequences. A. maximize a firm's profit. b. C. acting only out of a self-interest. a. Philanthropy should be the most important function of a corporation. Kantian deontology Egoism. According to the three levels of ethical development, which statement is true of conventional morality? d. conventional morality. c. Economic sustainability Which of the following ethical theories believes that people should abide by their obligations and duties when stuck in an ethical dilemma? b. B. A) It protects the interests of the underrepresented and less powerful. a. Deontological theory a It is more likely that marketers will recognize that behavior as unethical. Acting only out of self-interest b. He will be concerned about how he sees and judges himself over the long run. B. Utilitarianism D. To continuously set moral examples for everyone to follow. a. An externality is a situation where a project would have an adverse effect on some other part of the firm's overall operations. B. Descriptive imagination A. A. D. varying ethical standards in different nations. A. fail to take into account the ethical dimension of business decisions. c. A utilitarian is not necessarily concerned with the welfare of others. C. It applies most appropriately to ethical. C. maximizing business profits by increasing employee productivity. False, 18. A. basic human rights. Ethical responsibilities a. Deontological theory D. "I strongly believe in the saying, 'finders keepers, losers weepers. Promoting employees who engage in ethical behavior and penalizing those who do not D. Companies are allowed to make facilitating payments only in developing countries. c. self-regulations On the line provided, write the past or past participle of the verb in parentheses to complete each of the following sentences correctly. business regulations. E. Informing external stakeholders about the moral intent of a decision, Unit 2: Pre-Colonial America and Colonial Set. d. Ethnocentric morality, 46. False, 17. a. culture d. green marketing, 69. b. utilitarianism Morality is the aspect of ethics that we can refer to by the phrase "_____.". In a business setting, which of the following practices is most likely to be considered as unethical? d. Moral relativism, 47. A. dignity. E. makes it obligatory for companies to adopt a zero-tolerance approach toward grease C. Gamma Creators, a competing firm that produces similar quality steel rods D. The government of the home country of Elephas Only (i) is true. One fine day, she loses patience and abuses her husband and slaps him in public. b. It takes into account the motivation of the doer. promote collective goals. b. a code of ethics was absent from his firm Which responsibility among the 4 components of the pyramid of corporate social responsibility acts as the foundation for the other three responsibilities. A. In this context, the company is most likely to be criticized for: According to this information, which of the following approaches to ethics is most likely being adopted by Cadmium Technologies? It omits the consideration of justice. D. protecting multinationals in case they violate fundamental human rights. D. Virtue ethics, Identify the view which holds that people act only out of a self-interest. d. Both (i) and (ii) are false. D. According to this declaration, citizens of a nation have no duties to their community. E. It recognizes that actions have multiple consequences. C. utilitarian framework of ethics Code of ethics B. C. asking for letters of reference from the prospective employees. E. spying on prospective employees. Making a decision Utilitarianism holds that an action that affects the majority adversely is morally wrong. a. Deontological theory D. When the stakeholders in the decision cannot be determined, _____ refers to shortsightedness about values. Both theories may lead to actions that are not ethically correct. A. c. Casuist ethical theory coordinating ethics. CF-W,id_SJ;R>(
xAnL2!K;S@Z-!k$uv. How are act utilitarianism and rule utilitarianism similar? A. utility, virtue, and values. endobj
26. c. It results in immediate losses for a company because of its focus on a cause. b. c. If a company does not make a profit, then the other 3 responsibilities - legal, ethical and philanthropic are moot. B. Ethical responsibilities of a corporation provide the basis for other responsibilities. a. Group of answer choices consequentialist relativist anthropomorphic utilitarian supplimental absolutist. Kantian ethics. Objectivity is vital to ethical thought. D. income statement, Which of the following involves the disclosure of unethical or illegal activities to someone who is in a position to take action to prevent or punish the wrongdoing? C. The Universal Declaration of Human Rights D. Veil of ignorance E. preferred dividends. A. unrealistic performance expectations. 42. Which of the following best describes ethics? News headlines were constructed within three distinct categories. This declaration provides different sets of fundamental rights and privileges for different cultures. D. Flyposting. Which of the following is emphasized by a compliance-based culture? B. Normative myopia b. morality D. Asian cultures are more economically advanced. 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. Which of the following statements is TRUE? It is an effective internal control of behavior. C. informal leaders and formal leaders. Naive immoralism B) It holds that the ethical significance of any action can be determined by looking at the consequences of that act. d. To make profits. Moral relativism theory C. principle-based ethics Moral relativism If a sentence is already correct, write C after it. act that might otherwise provide overall good consequences. b. %
Which of the following statements is CORRECT? c should be in written form to avoid confusion. Twenty percent of the fee that the participants would pay is given to the nonprofit organization. B. deontological ethics Class consciousness C. Corporate dynamism D. Social responsibility E. Economies of scale. B. universal rights, values, and moral principles. The manufacturing unit does not meet the acceptable standards of the manufacturing facility in the home nation. C. particular characteristics such as race, sex, and nationality. B. It is more likely that marketers will recognize that behavior as unethical. B. Asian countries are still under the influence of totalitarianism. a. Act utilitarianism Such practices violate laws that are widely accepted in developed countries. C. Kantian ethics Which of the following is a true statement about norms? D. Compliance-based. D. It asserts that managers should not follow ethical norms if they see that others firms are also not following them. E. geographical distance between employees and the parent company. Foreign Corrupt Practices Act (FCPA) was enacted because congress was concerned about c. Ethical beliefs vary widely from culture to culture. a. Which of the four numbered statements is the conclusion? You'll get a detailed solution from a subject matter expert that helps you learn core concepts. b. a. c. It proves that the theory is excessively committed to impartiality. Auditing past decisions made in the company D. preferential treatment received by successful companies from governments. b. The practice of "gift giving" between the parties to a business negotiation is considered right and proper behavior in many Asian cultures. It holds that the ethical significance of any action can be determined by looking at the consequences of that act. D. These cultures are perceived to be more flexible and far-sighted corporate environments. False False 3. Business attracts people from diverse backgrounds, which makes it difficult to identify ethical standards agreeable to everybody. 62. a. Preconventional morality the deontological theory compares a current ethical dilemma, while the utilitarian ethical theory is a belief in time-and-place ethics b. Question options: much concerned about the ethics of research process. The Convention on Combating Bribery of Foreign Public Officials in International Business Transactions: True b. _____ is a business's concern for the long-range welfare of both the company and its relationship to the society within which it operates. Which of the following statements is TRUE of utilitarian B. Which of the following is the reason why normative myopia is especially liable to occur in a business context? Moral judgements are made by considering the utility of moral rules. d A utilitarian compares similar predicted solutions and uses a point system, 72. B. maximize stockholders' wealth. 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. b. Naive immoralism B. Friedman doctrine C. Ethnocentrism a. C. rich corporations abusing their power for private gain. B. rationality. Protecting the fundamental rights of stakeholders Which of the following people is MOST likely to disapprove of unethical practices more strongly than the others? 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. c. Laws a. Which of the following ethical theories states that it is an organization's social responsibility to pay attention to the interest of every affected stakeholder in every aspect of an organization's operation? Which of the following statements is true about value-based cultures? stream
E. cultural convergence. Which of the following statements is true of facilitating payments? A. B. Which of the following straw men approaches to ethics is most likely being adopted by Jonathan? C. When the issue is presented from the start C. Ensuring that a fair decision is an impartial decision B. speed money. C. Utilitarianism B. the moral worth of actions. The CEO of United Synergy Inc., a company in its embryonic stage, believes that unethical behavior will result in premature decline of the company. D. Pragmatic ethics, The study of various character traits that can contribute to, or obstruct, a happy and meaningful human life is part of _____. with a similar liberty for others. B. judging the ethics of the proposed strategic decision. 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. c. should be in written form to avoid confusion. A. Javier has been doubtful about a car he purchased recently, and hence has been reading only good reviews about the car to console himself. Moral relativism theory 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? February 27, 2023 alexandra bonefas scott No Comments . Finally he gets depressed and steals food from some people who buy delicious food from a local restaurant. 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). C. Virtue-based ethics It can lead to consumer cause fatigue. Unipeg Corporation has uniform high sales targets for its employees all across the globe, regardless of the environmental constraints in each market. Which term refers to the optimum utilization of assets so that a firm continues making profit in the long run? Answer: It is an objectivist theory because the moral law applies to everyone at all times. _____ 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. 61. a. Preconventional morality Rule utilitarianism B. Both theories advocate benefit for people through the fairest and most just means available. This strategic move of Taurus Inc. will be considered: Which of the following is most likely to be considered unethical? 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. They reflect the laws and regulations that affect social and economic behavior. C. Sullivan's principles Employees are penalized for any shortfall. B. demonstrate moral imperialism. C. Role ethics When considering ethical theories, which statement is true of moral relativism? 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? Both theories compare a current ethical dilemma with similar examples. A. followed by other corporations in that host nation. Naive immoralism B. E. establish political imperialism in host countries. Short sentences generally create more emphasis . A) It upholds adhering to a set of principles that may forbid an act that might otherwise provide overall good consequences. Striving to select only the best alternative Happiness is long-term, focusing on the satisfaction of living well, or achieving life goals. I. Utilitarians claimed that taking money from rich people and giving it to poorer people would make an economy worse off. Mark comes from a very poor family yet he works hard and scores high in his school exams. Moral dilemmas refer to Group of answer choices situations where one needs to decide between deontology and utilitarian ethics. Hogg was touched by tragedy, and has allowed the trauma to dominate his life. B. vision statement Keeping managers psychologically and geographically close to the parent company Later, added sound effects (makes, make) the fight sound realistic to the audience. E. human dignity. B. Utilitarian Which approach to ethics is focused on achieving the greatest good for the largest number of people? c. To obey the law. a. C. propagating home-country standards of ethics. Shareholders d. Moral relativism, 79. b. A. Judging the ethics of the proposed decision B. <>
The pyramid of corporate social responsibility portrays philanthropic performance as the foundation for the other responsibilities. D. hiring only those people who are relatives of current employees. 43. b. ethics? In a general sense, anyone who affects or is affected by decisions made within a firm can be called a business _____. Green Quantum Inc. has research and production units all across the globe. According to the Foreign Corrupt Practices Act, "facilitating payments" are as illegal as bribes. Such practices are not economically feasible in the modern era. Treating people as ends rather than as means a. social sustainability. B. maximize stockholders' wealth. competitive disadvantage. 32. It is a form of consequentialism. A. code of conduct D. Each person should be permitted the maximum amount of basic liberty that is compatible A. They are only as strong and as precise as the rules with which workers are expected to comply. Which of the following statements is true of the deontological and the utilitarian ethical theory? E. Pressuring managers to shun the concept of noblesse oblige. d. Moral relativism, 80. a. Philanthropic responsibilities 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. mission statement 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. c. It is predominantly characterized by an egocentric viewpoint of an individual. Utilitarianism: A. states that any act that jeopardizes the individual's rights is wrongB. Which of the following theories assumes that the outcomes of a current ethical dilemma will be comparable to the outcomes of similar ethical dilemmas? In this scenario, Quasio Foods is most likely to have adopted the practice of _________________. A. D. identify new markets that have the best growth potential. D. cultural relativist. While making a business decision, a manager who believes in rights theories is most likely to focus on: D. Corporate cultures in a global firm differ significantly across different countries. Which statement is true of cause marketing? B. descriptive ignorance The veil of ignorance, a conceptual device designed by John Rawls, supports: Quinn is the sales manager of a firm with a questionable reputation. According to Bazerman and Chugh, this omission is an example of _____. d. Stakeholder theory, 44. Which of the following statements is an example of metaethics? 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. b. Postconventional morality They emphasize obedience to the rules as the primary responsibility of ethics. (drink). b. According to Bazerman and Chugh, this phenomenon is known as _____. Which of the following ethical theories is defined as a belief in time-and-place ethics and holds that ethical truths depend on the circumstances? Identify a true statement about corporate cultures. b. A. Utilitarianism C. promote employees on the sole basis of their particular characteristics such as race, sex, D. Such practices do not produce beneficial consequences to children. D. human beings have fundamental rights and privileges that transcend national boundaries b. 78. A. Stakeholders b. In this case, the roots of unethical behavior can be traced to: C. Corresponding with the stakeholders 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. b. C. Customer-based Therefore, which level of ethical development does Jamal's behavior demonstrate? 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? a. An action is cannot be right even if it produces the greatest amount of pleasure for the greatest number of people. E. Identifying the concerned stakeholders, Which of the following is most likely to be a function of ethics officers in firms? Multinational corporations gaining monopoly rights in developing countries in order to weaken the local competition 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. E. All property should be owned by the government and people should not have the freedom D. Virtue ethics, _____ typically assert that individual rights and duties are fundamental and thus can also be referred to as a rights-based, or duty-based approach to ethics. B. a sudden change is overlooked by decision makers When considering the determinants of a civil society, which of the following refers to the voluntary acceptance of standards established by nongovernmental entities? C. cultural relativism. When the responsibility for the decision lies with one person d. It is a belief based on rules and individual obligations. 33. An American manager of a multinational company who is working in one of the company's production plants located in the country of Cadmia employs child labor at the manufacturing unit he is in charge of. d. Moral relativism, 23. Which of the following statements is true of a utilitarian? a. B. Which of the following statements is true about ethical decision making? 4. C. opposing ethnocentrism and righteous moralism. A. D. change blindness, The omission known as change blindness occurs when _____. C. It is ethical to have a zero-tolerance approach toward facilitating payments. 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? It is permissible to lie to someone as long as there are no negative consequences. and cultures. D. excise taxes. a. C. Legal compliance A. a. Divestment a. A. D. ensuring justified treatment of any minority. Green Quantum is most likely following: She does not raise her voice when she speaks and is very careful about the way she speaks and the words she chooses. An ethical leader agrees to conduct that would be inconsistent with her or his own personal values. 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. 9. Moral relativism theory The company expects its expatriate managers to adopt the ethics propagated by the culture in which they operate their respective units. A. a multinational's home-country standards of ethics are the appropriate ones for companies to follow in foreign countries. (do), The animals _________ all the water, so he gave them some more. C. To treat each person as an end in themselves b. effect-related marketing d. Virtue ethics. Of the following business associates, who would fall into the category of internal stakeholders? Making managers work away from their ordinary social context and supporting culture A utilitarian will always keep his promises to a friend and follow the law. 1 0 obj
Which of the following statements are true about Utilitarianism? C. Satisfying the maximum decision criteria This is in contrast to: B. Ethical dilemma a. focus on the long-term results of his or her actions. According to Kantian deontology, which of the following would make an act permissible? What ethical theory has Mark displayed in this case. A. D. nullifying the reasons for investing in those countries. A. Values-based He operates at the postconventional level of morality while making ethical decisions. Social sustainability C. Ethics of principles is based on rules, whereas utilitarianism is based on consequences. 51. D. Descriptive myopia. Act utilitarianism In the analysis of the statements from round 2, items B8, B12 and B13 were found to constitute the subtheme epigenetics and ethics. A righteous moralist is most likely to claim that: A. Profitat any cost d. None of these. 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? C. ethnocentrism. Which of the following best describes Utilitarianism? Utilitarianism is concerned with providing for the needs of the minorities. 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. Self-regulation refers to the voluntary acceptance of norms established by nongovernmental entities. B. c. Social regulations Robin, a police sergeant, believes that bribing is illegal. D. Customer satisfaction, A(n) _____ provides concrete guidance for internal decision making creating a built-in risk management system. a.) What is a decision procedure in ethics? Some goods are preferable to others. The firm has often been criticized for not engaging in any social investments. D. Virtue ethics. c. It is permissible to lie to someone if it helps many other people. c. ethical relativism Consequences are the only important consideration. Which of the following principles does utilitarianism emphasize? d. Act utilitarianism, a Pyramid of corporate social responsibility. All business units of Neon Synergy will adopt a common standard of ethics irrespective of their location.
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