Exam 8: Ethics and Business Decision Making

Bob,research manager for CornAgri Products,Inc.,applies utilitarian ethics to determine that an action is morally correct when it produces the greatest good for

Made4U Goods,Inc.,asks its employees,many of whom are members of the National Machinists Union,to apply the utilitarian theory of ethics.This theory does not require

Simply obeying the law does not fulfill all ethical obligations.

Global Distribution Corporation suggests that its employees apply the "categorical imperative" to ethical issues that arise at work.This requires that the employees

Lyle,vice-president of sales for Mi-T Electric,Inc.,adheres to Judeo-Christian religious ethical standards.With respect to their application,these standards are

Any decision by the management of Fast-Food Franchise Corporation may significantly affect its

Solid Tool Company's decision makers view a particular risk in the use of Solid's product as open and obvious.Continuing to market the product without telling consumers of the risk could be justified from a perspective of

Ethical codes of conduct can set the ethical tone of a firm.

Ethical standards would most likely be considered violated if Retail Mart Corporation deals with a company in a developing nation that

According to utilitarianism,it does not matter how many people suffer a negative effect from an act.

To assist in detecting illegal bribes,Cut Rite Contractors,Inc.,and all U.S.companies,must

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

Dion,an accountant for Entertainment Sports,Inc.,attempts to apply a duty-based approach to ethical reasoning in conflicts that occur on the job.This approach is based on the idea that a person must

Business ethics focuses on ethical behavior in the business world.

Peak & Vale Accountants provides other firms with accounting services.Questions of what is ethical involve the extent to which Peak & Vale has

Business ethics is consistent only with short-run profit maximization.

Bribery of foreign government officials is both an ethical and a legal issue.

Corporations can be perceived as owing ethical duties to groups other than their shareholders.

The role played by women may present some difficult ethical problems for firms doing business internationally.

DeLouse Plastics Corporation pays its executives an excessive amount relative to other employees and to what executives at competitive companies are paid.This is most likely to be challenged as