Exam 2: Ethics in Business

Deb is a manager and wants to have an ethical workplace. She should do all of the following except

Congress enacted the Sarbanes-Oxley Act to help reduce unethical management decisions .

When Tina, the chief executive officer of Sales & Revenue Corporation, evaluates a problem, she identifies the people who will be impacted, analyzes how they will benefit or be harmed, and then selects the choice that has the overall best profile. Tina bases her decisions in

A payment by a U.S. company to get a foreign government official to act in an official capacity to provide a business opportunity is not illegal.

The availability of information on the Internet has made it easier to predict the legal and ethical implications of a decision.

Lucas is a business manager for Manufacturing Co. Ethical dilemmas that Lucas is not likely to encounter include deciding

One view of corporate social responsibility stresses that corporations have a duty just to shareholders.

Hale, research manager for Investor Fund, Inc., adheres to utilitarian ethics, according to which an action is morally correct when it produces the greatest good for

Adopting and enforcing a code of ethics does not deter unethical behavior in the workplace.

Judging a job applicant based on what an online search reveals about the applicant's activities outside the workplace universally is viewed as ethical.

Under one theory of corporate social responsibility, corporations should promote goals that society deems worthwhile.

Under the principle of rights theory, the right with the highest value in a particular circumstance takes precedence.

Cynthia is the chief financial officer of Digital Corporation. In that capacity, when she is unsure whether a certain business action is legal, she should act

The Public Company Accounting Oversight Board is responsible for management, training, and testing of all accountants in the United States.

If a company strictly complies with existing laws, the firm will

According to utilitarianism, whether an action affects a majority negatively is irrelevant.

Meds Inc. develops a new drug that controls severe acne. The U.S. government has not approved the drug for sale in the United States because one of its ingredients is a banned chemical. This chemical is not banned in Mexico. Whether it is ethical for Meds to sell the drug in Mexico depends on

Owen and other managers employed by Pastry Bakery are most likely to find that unethical behavior in the workplace can be deterred by

In ethical terms, a cost-benefit analysis is an assessment of the negative and positive effects of alternative actions on individuals.

Construction Corporation makes a side payment to a minor government official in India to process paperwork. Under the Foreign Corrupt Practices Act, this is