ACC 480 CHAPTER 5 – Flashcards
Unlock all answers in this set
Unlock answersquestion
John is sales manager for Kleen 'N Brite Products, Inc. Compared to John's personal activities, his business activities involve
answer
THE SAME ETHICAL STANDARDS
question
Lia works for Media Marketing Company. Her job includes putting "spin" on the firm's successes and failures. In this context, ethics consist of
answer
QUESTIONS OF RIGHTNESS AND WRONGNESS
question
Superior Corporation engages in ethical behavior solely for the purpose of getting good publicity and thereby increasing profits. Superior is
answer
NOT ACTING UNETHICALLY
question
Kit follows certain religious principles. With respect to the behavior of Kit and other adherents of her religion, its principles are most likely
answer
ABSOLUTE
question
Tina, the chief financial officer for USA Products Corporation, attempts to apply Christian precepts in making ethical decisions and in doing business. In applying duty-based ethical standards that are derived from a religious source, Tina would most likely consider the motive behind an act to be
answer
IRRELEVANT
question
Dion, an accountant for Engineering Associates, Inc., attempts to apply the duty approach to ethical reasoning in conflicts that occur on the job. This approach is based on the idea that a person must
answer
avoid unethical behavior regardless of the consequences.
question
Rob, the owner of Super Stores, Inc., adheres to the "principle of rights" theory. Under this theory, a key factor in determining whether a busi-ness decision is ethical is how that decision affects
answer
THE RIGHTS OF OTHERS
question
Global Distribution Corporation suggests that its employees apply the "categorical imperative" to ethical issues that arise at work. This re-quires that the employees
answer
weigh the consequences that would follow if everyone acted the same.
question
In deciding questions of corporate social responsibility, Mega Deals, Inc., is concerned with
answer
how the corporation can best fulfill its duty to society.
question
Tom, in making marketing decisions for United Products, Inc., takes a utilitarian perspective. A characteristic statement of this philosophy is
answer
"an action is morally correct when, among the people it affects, it produces the greatest amount of good for the greatest number."
question
Holly, a lawyer on the staff of International Group, applies the utilitar-ian theory of ethics in business contexts. Utilitarianism focuses on
answer
the consequences of an action.
question
In making decisions for United Merchandising Company, Viv uses a cost-benefit analysis. This is part of
answer
utilitarianism
question
Harry, a vice-president of International Pharmaceuticals, Inc., does not apply utilitarianism to business ethical issues. One problem with utili-tarianism is that it
answer
tends to justify human costs that many find unacceptable.
question
Any decision by the management of Standard Business Corporation may significantly affect its
answer
operators, owners, suppliers, the community, or society as a whole.
question
Macro Manufacturing, Inc., needs to cut costs by downsizing. In determining which employees to discharge, Macro will most likely weigh
answer
its ethical duty to long-term employees and the legality of discharging older workers only.
question
Eagle Manufacturing Corporation could demonstrate a commitment to ethical behavior by
answer
complying with the law, establishing ethics codes, and making money.
question
Steve, the human resources director for Total Personnel Corporation, at-tempts to comply with the law in dealing with applicants and employees. One of the challenges Steve faces is that the legality of an action is
answer
SOMETIMES CLEAR
question
Some consumers misuse the products of Hardware Supplies, Inc., and are injured. In terms of responsibility, Hardware may have
answer
AN ETHICAL DUTY ONLY
question
Max lies to Nora, his spouse. This is
answer
UNETHICAL ONLY
question
Equity Capital Corporation provides other firms with funds to expand operations. Questions of what is ethical involve the extent to which Equity has
answer
an ethical duty beyond those duties mandated by law.
