Ethics Chapter 4 multiple choice – Flashcards

Unlock all answers in this set

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