Exam 3: Ethics and Business Decision Making

Eden,the chief executive officer of Flo-Thru Piping Corporation,wants to en-sure that Flo-Thru's activities are legal and ethical.The best course for Eden and Flo-Thru is to act in

Compliance with the law does not necessarily fulfill all ethical obligations.

According to German philosopher Immanuel Kant,individuals should evaluate their actions in light of the consequences that would follow if they were the only members of society that acted in that way.

Mary works in the public relations department of New Trends Sales Company.Her job includes portraying New Trends's activities in their best light.In this context,ethics consist of

Absolute mandates such as the commandment "Thou shalt not steal" can be justifiably broken if there is a benevolent motive.

Managers should apply the same ethical standards to themselves and to their employees.

Ethical reasoning is the process through which an individual links his or her moral convictions or ethical standards to the particular situation at hand.

The categorical imperative cannot be applied to many business actions.

With respect to the potential for American Discount Stores,Inc.,and any other major corporation to suffer damage to its reputation or loss of profits through negative publicity,the Internet has

Ryan,the owner of SuperMart Stores,Inc.,adheres to the "principle of rights" theory.Under this theory,a key factor in determining whether a business decision is ethical is how that decision affects

In business deals,Fiona,the chief executive officer of Snacks n' Bites,Inc.,follows duty-based ethical standards.These are most likely derived from

To be a "good citizen," hen making decisions a business should not evaluate the public relations impact.

A business firm's profits may suffer if the firm is not a "good corporate citizen."

An ethics program can clarify what a company considers to be unacceptable conduct.

A company can broadly prohibit its employees from criticizing the company via social media.

Duty-based ethical standards often come from religious precepts or through philosophical reasoning.

Setting realistic workplace goals can increase the probability that employ-ees will act unethically.

The effectiveness of a company's code of ethics is determined by the commitment of the company leadership to enforcing the code.

Lia works for Media Marketing Company.Her job includes putting "spin" on the firm's successes and failures.In this context,ethics consist of

In studying the legal environment of business,Professor Dooley's students also review ethics in a business context.Ethics includes the study of what constitutes