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A conception of right and wrong is |
the definition of ethics |
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People’s ethical beliefs come from |
their religious background, family, and education |
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People everywhere depend on ethical systems to tell them whether their actions are |
right or wrong |
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Businesses are expected to be ethical in their relationships with |
stockholders, customers, competitors |
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Business executives are finding that a trusting, ethical relationship with a business partner is |
often essential in conduction business |
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Under the U.S. Corporate Sentencing Guidelines, if a firm has developed a strong ethics program, corporate executives found guilty of criminal activity may have their sentence |
Reduced |
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Under the Sarbanes-Oxley Act, corporations are required to |
have executives vouch for the accuracy of the firm’s financial statements |
|
The Sarbanes-Oxley Act |
requires executives to pay back bonuses based on earning that are later proved fraudulent |
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In a 2010 study of 400 companies, what percentage of firms said the benefits of the Sarbanes-Oxley Act outweighed its costs? |
70% |
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A bottom-line mentality in business is reflected in which statement |
we have to beat the others at all costs |
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A purchasing agent directing her company’s orders to a firm which she received a valuable gift, is an example of |
conflict of interest |
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Cross-cultural contradictions arise due to |
differences between home and host’s countries ethical standards |
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Which of the following examples best illustrate an ethics issue based on cross-cultural contradictions |
legally selling a pesticide abroad that is banned in the U.S. |
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As business becomes increasingly global |
Cross-cultural contradictions will increase |
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According to a 2009 opinion poll, Americans hold a dim view of |
Wall street executives |
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Scholars found that spirituality |
positively affects employee and organizational performance |
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As an additional employee benefit to promote spirituality, companies have begun to provide employees with the services of |
chaplains |
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Which statement characterizes the moral reasoning typically found in a child? |
I’ll let you play with my toy if you play with mine |
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All of the following values are present in most ethical decisions except |
be respectful |
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Business managers need a set of ethical guidelines to help them |
identify and analyze the nature of an ethical problem |
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When the benefits of an action outweigh its costs, the action is considered ethically preferred according to |
Utilitarian Reasoning |
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The main drawback to utilitarian reasoning is that |
it is difficult to accurately measure both costs and benefits |
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At the core of rights reasoning is the belief that |
respecting others is the essence of human rights |
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Which of the following is not true about justice reasoning? |
the reasoner is interested in the net value of the benefits |
|
A just or fair ethical decision occurs when |
the benefits and burdens are distributed equally |
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