Management: Business & Society. Ethics – Flashcards
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Managers in the same company are likely to be at the same stages of moral reasoning at any given time.
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False
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Only in the last few years have scholars found a positive relationship between an organization's economic performance and attention to spiritual values.
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False
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The Sarbanes-Oxley Act:
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Requires executives to pay back bonuses based on earnings that are later proved fraudulent.
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Utilitarian reasoning primarily considers:
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iy is often referred to as cost-benefit analysis because it compares the of a decision, a policy or an action
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An ethical egoist acts for the benefit of others and sacrifices self-interest.
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False
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The main drawback to utilitarian reasoning is that:
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It is difficulty to accurately measure both costs and benefits.
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Businesses are expected to be ethical in their relationships with:
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All of the above.
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At the core of rights reasoning is the belief that:
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Respecting others is the essence of human rights.
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A bottom-line mentality in business is reflected in which statement?
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"We have to beat the others at all costs."
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Cross-cultural contradictions arise due to..?
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Differences between home and host countries' ethical standards.
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When the benefits of an action outweigh its costs, the action is considered ethically preferred according to:
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Utilitarian reasoning.
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Ethics are primarily based on religious belief
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False
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Business executives are finding that a trusting, ethical relationship with a business partner is:
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Often essential in conducting business.
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According to a 2009 opinion poll, Americans hold a dim view of:
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Wall Street executives.
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Mature adults typically base their ethical reasoning on broad principles and relationships such as:
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Human rights and constitutional guarantees of human dignity, Universal principles of justice, Customs and traditions shown by their peers
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Which of the following examples best illustrate an ethics issue based on cross-cultural contradictions?
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Legally marketing a pesticide abroad that has been banned in the U.S.
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Aristotle argued
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Moral virtue is a mean between two virtues.
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The U.S. Corporate Sentencing Guidelines provide a strong incentive for businesses to promote their ethics at work
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True
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Ethical ideas are present in all societies, all organizations, and all individual persons.
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True
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Business cannot expect to be profitable while adhering to ethical principles of conduct.
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False
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Business cannot expect to be profitable while adhering to ethical principles of conduct.
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False
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Business cannot expect to be profitable while adhering to ethical principles of conduct.
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False
