Question 1

Explain the process for ethical decision making described in your text.

Accepted Answer

The process for ethical decision making described in our text involves several steps. First, it is important to gather all relevant information about the situation and consider the potential consequences of different courses of action. This includes considering the impact on all stakeholders involved.

Next, it is important to identify and consider any relevant ethical principles or values that may apply to the situation. This may involve consulting ethical codes or guidelines, as well as considering the perspectives of different ethical theories.

Once all relevant information and ethical considerations have been taken into account, it is important to evaluate the different options and consider which course of action is most aligned with ethical principles and values. This may involve weighing the potential benefits and harms of different options, as well as considering the rights and responsibilities of all involved parties.

Finally, it is important to make a decision and take action, while also being open to revisiting and reassessing the decision if new information or perspectives come to light. It is also important to communicate the decision and the ethical reasoning behind it to all relevant parties.

Overall, the process for ethical decision making involves careful consideration of all relevant information, ethical principles, and potential consequences, in order to make a decision that is aligned with ethical values and principles.

Question 2

Profit maximization and corporate social responsibility lead to opposing corporate policies.

Accepted Answer

A) True 
 B)False  False

Question 3

Compliance-based ethics programs ensure

Accepted Answer

A) resistance to social responsibility. 
B) moral mediocrity. 
C) discretionary social responsibility. 
D) proactive social responsibility. 
E) a moral commitment to ethical conduct. 
A) resistance to social responsibility. 
B) moral mediocrity. 
C) discretionary social responsibility. 
D) proactive social responsibility. 
E) a moral commitment to ethical conduct. B

Question 4

Scenario B. Suppose you face a question regarding how to handle a defective piece of equipment that your company sold. To tell the customer would cost you a substantial amount of money but if the equipment fails, it could lead to serious injury of the customer. You are going to choose between three options presented by colleagues:
1. Option 1: Keeping quiet about the defect.
2. Option 2: Review company policy, industry practices and advice from colleagues.
3. Option 3: Disclose the defect and suggest alternatives to eliminate the risk of injury.

-Option 2 employs which ethical approach?

Accepted Answer

A) Universalism 
B) Egoism 
C) Utilitarianism 
D) Relativism 
E) Virtue ethics 
A) Universalism 
B) Egoism 
C) Utilitarianism 
D) Relativism 
E) Virtue ethics

Question 5

According to public opinion polls,only 31 percent of employees said they trust their own CEO.

Accepted Answer

A) True 
 B)False

Question 6

Opponents of corporate social responsibility would suggest that

Accepted Answer

A) organizations ought to be profit-seeking and that when they concentrate on this motive,they will benefit society. 
B) organizations' responsibilities are clearly defined by the laws and regulations imposed upon them. 
C) organizations' responsibilities are to attempt to satisfy all relevant stakeholders' interests. 
D) an organization's responsibility is to satisfy select stakeholders that express their specific needs. 
E) an organization's goal is to provide employment,safe working conditions and profit to the owners. 
A) organizations ought to be profit-seeking and that when they concentrate on this motive,they will benefit society. 
B) organizations' responsibilities are clearly defined by the laws and regulations imposed upon them. 
C) organizations' responsibilities are to attempt to satisfy all relevant stakeholders' interests. 
D) an organization's responsibility is to satisfy select stakeholders that express their specific needs. 
E) an organization's goal is to provide employment,safe working conditions and profit to the owners.

Question 7

Tarissa typically makes a decision about what she will or won't do based on what her friends think she should do.Tarissa is using which ethical system for her decisions?

Accepted Answer

A) Egoism 
B) Virtue ethics 
C) Relativism 
D) Universalism 
E) Utilitarianism 
A) Egoism 
B) Virtue ethics 
C) Relativism 
D) Universalism 
E) Utilitarianism

Question 8

An integrity-based ethics program instills in people a personal responsibility for ethical behavior.

Accepted Answer

A) True 
 B)False

Question 9

A "carbon footprint" refers to the output of carbon dioxide and other greenhouse gases.

Accepted Answer

A) True 
 B)False

Question 10

Which of the following is described as a current ethical issue in the text?

Accepted Answer

A) CEO pay 
B) Sweatshops 
C) Urban sprawl 
D) Commercialism in schools 
E) All of the above are described as current ethical issues. 
A) CEO pay 
B) Sweatshops 
C) Urban sprawl 
D) Commercialism in schools 
E) All of the above are described as current ethical issues.

Question 11

The Caux Principles are based on two ethical ideals:

Accepted Answer

A) good and bad. 
B) right and wrong. 
C) kyosei and human respect. 
D) kyosei and human dignity. 
E) self fulfillment and happiness. 
A) good and bad. 
B) right and wrong. 
C) kyosei and human respect. 
D) kyosei and human dignity. 
E) self fulfillment and happiness.

Question 12

Explain the risk society within which we live.

Accepted Answer

The risk society refers to the idea that

Question 13

The work of __________ classifies people into categories based on their level of moral judgment.

Accepted Answer

A) Kravitz 
B) Kohlberg 
C) Taylor 
D) Frederick 
E) Kimmelman 
A) Kravitz 
B) Kohlberg 
C) Taylor 
D) Frederick 
E) Kimmelman

Question 14

"The social responsibility of business is to increase profits," is a well known quote from Milton Friedman,a Nobel Prize-winning economist.

Accepted Answer

A) True 
 B)False

Question 15

The attempt to provide an education that teaches students to leave a legacy that extends beyond the bottom line is called a(n)_______________ education.

Accepted Answer

A) ethical 
B) socially responsible 
C) transcendent 
D) committed 
E) management 
A) ethical 
B) socially responsible 
C) transcendent 
D) committed 
E) management

Question 16

Scenario A. Your organization faces an ethical question. There has been a problem with your accounting process that has resulted in lower profits being reported than were actually earned. You are attending a meeting where senior management is deciding how to handle the situation. The people at the table have varying views of what action to take and why.
John wants to report the error immediately because he believes that it is the right thing to do and that will keep them all out of jail.
Bruce wants to report the error because it is the honest thing to do.
After hearing his colleagues' opinions, Carlos says he wants to report the error as well because he believes the group is right.

-Bruce is using which ethical system for his decision making?

Accepted Answer

A) Universalism 
B) Egoism 
C) Utilitarianism 
D) Relativism 
E) Virtue ethics 
A) Universalism 
B) Egoism 
C) Utilitarianism 
D) Relativism 
E) Virtue ethics

Question 17

At what level of moral judgment would Kohlberg describe James,if James makes all his decisions based on immediate self-interest and concrete rewards and punishments?

Accepted Answer

A) Emotional 
B) Conventional 
C) Principled 
D) Preconventional 
E) Supportive 
A) Emotional 
B) Conventional 
C) Principled 
D) Preconventional 
E) Supportive

Question 18

It is easy to be a whistleblower since there are few consequences for it.

Accepted Answer

A) True 
 B)False

Question 19

Scenario C. Two managers at RW Oil, Inc. are discussing the latest e-mail they have received from headquarters. Jimmy Joe's reaction is simply to say: "All this thing needs to say, as far as I'm concerned is if you don't get busted for it, you're innocent. If you do get caught, you pay the price." His friend, Eddie, has a very different idea. His response is: "I believe, however, that every individual should take personal responsibility for their behavior. I would like for our organization to integrate that idea into everything we do here at work." The email they are reading concerns how decisions are evaluated on the basis of right and wrong at their company.
-The assessment of how decisions are evaluated in the company refers to the organization's

Accepted Answer

A) organizational climate. 
B) ethical climate. 
C) ethical perspective. 
D) organizational dynamics. 
E) corporate culture. 
A) organizational climate. 
B) ethical climate. 
C) ethical perspective. 
D) organizational dynamics. 
E) corporate culture.

Question 20

Compliance-based ethics programs are typically designed by

Accepted Answer

A) lawyers 
B) employees 
C) top executives 
D) stockholders/owners 
E) focus groups of customers 
A) lawyers 
B) employees 
C) top executives 
D) stockholders/owners 
E) focus groups of customers

Explain the process for ethical decision making described in your text.

Profit maximization and corporate social responsibility lead to opposing corporate policies.

Compliance-based ethics programs ensure

According to public opinion polls,only 31 percent of employees said they trust their own CEO.

Opponents of corporate social responsibility would suggest that

Tarissa typically makes a decision about what she will or won't do based on what her friends think she should do.Tarissa is using which ethical system for her decisions?

An integrity-based ethics program instills in people a personal responsibility for ethical behavior.

A "carbon footprint" refers to the output of carbon dioxide and other greenhouse gases.

Which of the following is described as a current ethical issue in the text?

The Caux Principles are based on two ethical ideals:

Explain the risk society within which we live.

The work of __________ classifies people into categories based on their level of moral judgment.

"The social responsibility of business is to increase profits," is a well known quote from Milton Friedman,a Nobel Prize-winning economist.

The attempt to provide an education that teaches students to leave a legacy that extends beyond the bottom line is called a(n)_______________ education.

At what level of moral judgment would Kohlberg describe James,if James makes all his decisions based on immediate self-interest and concrete rewards and punishments?

It is easy to be a whistleblower since there are few consequences for it.

Compliance-based ethics programs are typically designed by

Managing

The External Environment and Organizational Culture

Managerial Decision Making

Planning and Strategic Management

International Management

Entrepreneurship

Organization Structure

Organizational Agility

Human Resources Management

Managing the Diverse Workforce

Leadership

Motivating for Performance

Team-Work

Communicating

Managerial Control

Managing Technology and Innovation

Creating and Managing Change

Filters

Exam 5: Ethics and Corporate Responsibility

Explain the process for ethical decision making described in your text.

Profit maximization and corporate social responsibility lead to opposing corporate policies.

Compliance-based ethics programs ensure

According to public opinion polls,only 31 percent of employees said they trust their own CEO.

Opponents of corporate social responsibility would suggest that

Tarissa typically makes a decision about what she will or won't do based on what her friends think she should do.Tarissa is using which ethical system for her decisions?

An integrity-based ethics program instills in people a personal responsibility for ethical behavior.

A "carbon footprint" refers to the output of carbon dioxide and other greenhouse gases.

Which of the following is described as a current ethical issue in the text?

The Caux Principles are based on two ethical ideals:

Explain the risk society within which we live.

The work of __________ classifies people into categories based on their level of moral judgment.

"The social responsibility of business is to increase profits," is a well known quote from Milton Friedman,a Nobel Prize-winning economist.

The attempt to provide an education that teaches students to leave a legacy that extends beyond the bottom line is called a(n)_______________ education.

At what level of moral judgment would Kohlberg describe James,if James makes all his decisions based on immediate self-interest and concrete rewards and punishments?

It is easy to be a whistleblower since there are few consequences for it.

Compliance-based ethics programs are typically designed by

Managing

The External Environment and Organizational Culture

Managerial Decision Making

Planning and Strategic Management

International Management

Entrepreneurship

Organization Structure

Organizational Agility

Human Resources Management

Managing the Diverse Workforce

Leadership

Motivating for Performance

Team-Work

Communicating

Managerial Control

Managing Technology and Innovation

Creating and Managing Change

Filters