E. It recognizes that actions have multiple consequences. b. Marketing Ch 3 Flashcards | Quizlet C. People are more likely to focus on the technical aspects of the task at hand in a business context, and thus, fail to recognize the ethical aspect. In stating that all human beings are born free and equal in dignity and rights and that they are endowed with reason and conscience and should act toward one another in a spirit of brotherhood, Article 1 of the Universal Declaration of Human Rights echoes: To place principles over morals B. collective good forms the basis for the moral compass that managers should use when creates win-win situation C. is difficult to implement because it is hard to tell how one decision will impact a large number of peopleD. B. excise taxes. B. A. Green Quantum is most likely following: 5 . c. should be in written form to avoid confusion. c. Casuist ethical theory They are standards of appropriate and proper behavior. A. Kantian ethics. Which of the following statements is true of utilitarian ethics? E. The concept of facilitating payments was introduced by the UN to put U.S. firms at a Neon Synergy Inc. operates in three different countries, and is headed by a CEO who believes that the best approach to ethics is cultural relativism. C. expatriation taxes. b. rule utilitarianism A. dedication that businesses show in expanding their market share. A. d. To make profits. Which ethical theory does not believe in absolute rules and states that during an ethical dilemma, a person makes the most appropriate decision by considering all the alternatives and choosing the lesser among evils as the resolution? social costs and risks 39. A. B. judging the ethics of the proposed strategic decision. A. Encouraging leaders to demonstrate strong personal ethics A. secure contracts that would not otherwise be secured. Role ethics Which of the following statements is true about the Universal Declaration of Human Rights? a. Deontological theory A. Whistle-blowing 2. It is most effective when presented in a long list of dos and don'ts. b. True b. environmental sustainability. In the analysis of the statements from round 2, items B8, B12 and B13 were found to constitute the subtheme epigenetics and ethics. b. Postconventional morality According to Bazerman and Chugh, this omission is an example of _____. C. rational ignorance D. abide by the concept of noblesse oblige. b. However she controls her anger for a considerable amount of time without retaliating. E. a negativity effect. SCO101 Why Do Good PCOQ Question Bank - StuDocu c. It is typically drafted by government agencies. A. c. A current ethical dilemma should be compared with similar examples and outcomes before deciding on a course of action. C. It applies most appropriately to ethical personal behavior False, 15. 61. B. cultural relativism. d. Utilitarian ethical theory. Utilitarianism holds that the most ethical choice is the one that will produce the greatest good for the greatest number. A. fail to take into account the ethical dimension of business decisions. It upholds adhering to a set of principles that may forbid an act that might otherwise provide overall good consequences. d. Economic responsibilities, 35. b. a. b. Postconventional morality D. Moral imagination Actions are right or wrong based upon their usefulness c. Actions are right or wrong based upon our intuitions regarding them d. None of the above PCOQ01 SCO101 JUL21 L01 WHY DO GOOD 3rd - StuDocu C. the attainment of maximum business profits. d. Utilitarian ethical theory, 37. Making the decision E. cultural convergence. Which of the following statements is true of facilitating payments? d. Both theories compare a current ethical dilemma with similar examples and outcomes. It is wrong to punish an innocent person, because it violates his rights and is unjust. a. relationship marketing C. Utilitarianism The veil of ignorance, a conceptual device designed by John Rawls, supports: Morals are rules that people develop as a result of cultural values and norms. E. war-torn countries. C. Employees Making a decision It is ethical to pay less than subsistence wages, if that happens to be the practice in some A. Principle-based ethics C. To treat each person as an end in themselves The tragedy of the global commons C. The theory of private equity b. morality B. cultural relativism. True b. Moral judgements are made by considering the utility of moral rules. II. b. c. Sarah, who is a manager at an organization that does not provide guidelines for ethical behavior B. 77. Ethics are moral principles unrelated to the conduct of an individual or a group. Which of the following is one of the four major components of the pyramid of corporate social responsibility? A utilitarian believes that arson is sometimes ethical and not always wrong. During his tenure, he has witnessed numerous incidents of ethical misconduct. However, the execution of the contract has been delayed due to certain unproductive, bureaucratic procedures in the less developed nation. c. Social regulations Corporate cultures remain unaffected even in the presence of strong business leaders. E. believe that social investments made by their companies can always compensate for their unethical actions. b. . D. "I strongly believe in the saying, 'finders keepers, losers weepers. a. c. It is permissible to lie to someone if it helps many other people. a. (leeward; windward). However, some Westerners view the practice as a form of bribery, and therefore unethical, particularly if the gifts are substantial. a. A. a. Utilitarianism seems to require punishing the innocent in certain circumstances, such as these. d. Intuition and personal feelings should guide decision making when faced with ethical dilemmas. Utilitarianism Virtue-based ethics CONCEPT Case Study: Capital Punishment 12 "Giving away excess wealth . b. d. Moral relativism, 23. b. B. shun the concept of noblesse oblige. nationality, and class. b. It is an effective internal control of behavior. Which of the following occurs when a resource held jointly by all, but owned by no one, is overused by individuals, resulting in its degradation? with a similar liberty for others. b. Cultural relativism C. Righteous moralism D. Sullivan principles E. Just distribution. An American manager of a multinational company who is working in one of the company's production plants located in the country of Cadmia employs child labor at the manufacturing unit he is in charge of. Ethical behavior B. True a. 2003-2023 Chegg Inc. All rights reserved. A) It protects the interests of the underrepresented and less powerful. b. a. d. the top managers of his firm had little control over organizational culture, a his coworkers had a strong ethical culture among themselves, Finance 3000: Corporate Finance Chapters 11-13, Byron Almen, Dorothy Payne, Stefan Kostka, John Lund, Paul S. Vickery, P. Scott Corbett, Todd Pfannestiel, Volker Janssen, The Language of Composition: Reading, Writing, Rhetoric, Lawrence Scanlon, Renee H. Shea, Robin Dissin Aufses. B. A. Altruism E. Pressuring managers to shun the concept of noblesse oblige. The company uses only organically grown grains and fruits. host nation. In this scenario, Quasio Foods is most likely to have adopted the practice of _________________. D. weighing the associated social benefits, costs, and risks. A. associate Which of the following ethical theories believes in the well-being of maximum people using the fairest means available? 31. D. Using a simplified decision rule, Which of the following explains the term "satisficing"? Which of the following statements is true regarding utilitarianism? A Both theories may lead to actions that are not ethically correct. Which of the following practices should be avoided by a company to ensure ethical decision making? Justice theories primarily focus on: B. descriptive ignorance It fails to consider the benefits, costs, and risks of a course of action. A. restrict its employees from joining a trade union. D. It asserts that managers should not follow ethical norms if they see that others firms are also not following them. C. The Universal Declaration of Human Rights D. Veil of ignorance It involves the cooperative efforts of a for-profit firm and a nonprofit organization for their mutual benefit. A. Kantian tradition Ronald Systems Inc. has developed a line of appliances that runs on solar energy and causes no harm to the environment. It renders utilitarianism incapable of giving concrete advice. determined by looking at the consequences of that act. A. Kantian ethics C. propagating home-country standards of ethics. d. Social responsibility efforts should be focused on the external and not the internal stakeholders of a corporation. Code of ethics % E. spying on prospective employees. Intro to Ethics: Unit 2 Flashcards | Quizlet B. D. Companies should place their narrow economic interests before the interests of stakeholders. 78. 4 0 obj the deontological theory compares a current ethical dilemma, while the utilitarian ethical theory is a belief in time-and-place ethics tractor _____, For what is Ramses the Great best known?v. d. It requires corporations to use anticompetitive measures. Twenty percent of the fee that the participants would pay is given to the nonprofit organization. B. D. They consist of guidelines for bringing about positive behavioral change. Which of the following statements is true about ethical decision making? Which of the following statements is true of ethics? A person at this level performs unethical and manipulative actions. False, 18. C. The manager at Almas Inc. has to make a vendor choice between his underqualified cousin and a highly experienced, trusted supplier. C. rich corporations abusing their power for private gain. d. Moral relativism, 47. A) Virtue ethics B) Utilitarianism C) Kantian categorical imperative D) Psychological egoism Answer: A Accessibility: Keyboard Navigation 3) Which of the following statements is true of utilitarian ethics? a. His policy does not always lead to profits because of the vast cultural differences between the two nations. d. Ethnocentric morality. D. normative myopia, Missing a highway turn-off as a result of speaking on a cell phone while driving is an example of _____. The highway will benefit the entire community . 9+ which of the following is true regarding utilitarian beliefs most C. utilitarianism D. Marxism. act that might otherwise provide overall good consequences. b. Sustainability C. Pressuring managers to meet unrealistic business goals Employees D. nullifying the reasons for investing in those countries. Utilitarianism is concerned with providing for the needs of the minorities. 1.Chapter 2 - Normative Theories of Ethics Flashcards - Quizlet; 2.HSA305Quiz2.docx - Which of the following is true regarding 3.quiz 2 bus309.docx - Question 1 5 out of 5 points - Course Hero C. Customer-based Finally he gets depressed and steals food from some people who buy delicious food from a local restaurant. E. Kantian ethics, Which of the following is a straw man approach to business ethics? Principals of Marketing Chapter 3 Test Questions - Quizlet A. virtue ethics Which of the following statements is true of morals? a. Which of the following ethical theories states that the most ethical choice in a situation is one that produces the greatest benefit to the most people ? It holds that the ethical significance of any action can be determined by looking at the consequences of that act. endobj Rule utilitarianism Utilitarianism is a consequentialist ethical theory focusing on outcomes and collective welfare; 2. d. Cause-related marketing, 70. c. Casuist ethical theory utilitarian ethics. E. weighing the benefits, costs, and risks associated with a course of action. c. It states that a company is expected to be a good citizen in its community. B. c. It cannot prosecute cases of bribery. Which of the following ethical theories would not allow bribing? a. Preconventional morality True D. excise taxes. Jeremy is of the view that this practice is ethical. Which of the following is detrimental to an ethical business setting? E. Informing prospective employees about the ethical climate in the organization, Who falls into the category of external stakeholders of an organization? c. Rule utilitarianism d. Both theories are beliefs based on time-and-place ethics. The three major categories of an ethical framework are: c. Social control E. cultural relativism. b. Group of answer choices. a. Deontological theory C. informal leaders and formal leaders. A. normative myopia A. it provides stability that can be a benefit at one time and can be a barrier to success at another d. They set absolute standards for good and bad that are enforced by the law. Which of the following represents a business's concern for society's welfare? Keeping managers psychologically and geographically close to the parent company C. people should be treated as ends and never purely as means to the ends of others. a He will be concerned about how he sees and judges himself over the long run. If there is more than one definition, use one that emphasizes the meaning of the root. D. speed money. It upholds adhering to a set of principles that may forbid an E. national differences in factors of production. Under John Rawls's concept of veil of ignorance, people are imagined to be ignorant of their: D. When the stakeholders in the decision cannot be determined, _____ refers to shortsightedness about values. True b. When considering ethics in other countries, which of the following statements is true? B. cultural differences of countries. What was an important effect of blackstone's commentaries of the laws of england? D. considering the consequences of our actions. Green marketing A. inattentional blindness Conventional morality is the most basic level of ethical development. Most people believe in some form of utilitarianism. Employing people to work at sweatshops 18 The principles that we will cover are utilitarianism, universalism, rights/legal, justice, virtue, common good, and ethical relativism approaches. c They reflect the laws and regulations that affect social and economic behavior. Utilitarianism is an ethical theory that determines right from wrong by focusing on outcomes. B. Social Studies, 22.06.2019 03:00. b. Defining epigenetic literacy: How to integrate epigenetics into the A. impartiality in justice. a. Philanthropic responsibilities d. A person at this level is more concerned with how an action will be viewed by others. care about the ethics of research process at all. b. E. reviewing a decision to check for its consistency with Rawls's veil of ignorance. C. Principles He operates at the postconventional level of morality while making ethical decisions. Use of values as the principle for decision making In this context, the roots of unethical behavior can be traced to: To be a good corporate citizen. b. An ethical leader agrees to conduct that would be inconsistent with her or his own personal values. Architecture; Art; Art Movements; Performing Arts; Business situations where one is required and can only carry out 1 course of . A. B. b. D. Sullivan's principles E. Naive immoralist, Which of the following straw men approaches to business ethics is best summarized by the maxim "When in Rome, do as the Romans"? d. The deontological theory states that the truth of a moral judgment is relative to the judging person or group, while the utilitarian ethical theory is a character trait valued as being good. d. It seldom helps companies increase the sale of their products. A. developing countries. Foreign Corrupt Practices Act (FCPA) was enacted because congress was concerned about Kantian deontology Egoism. B. Descriptive imagination According to this declaration, it is unethical to employ child labor in sweatshops even if that happens to be common in some countries. B. achieving collective goals, even if that involves violating fundamental rights. C. Gamma Creators, a competing firm that produces similar quality steel rods D. The government of the home country of Elephas a. c. Conventional morality *ETHICS Which of the following statements is TRUE of utilitarian ethics D. Kantian ethics. a. Philanthropy should be the most important function of a corporation. Utilitarianism is primarily concerned with the legal aspects of business decisions. False, 16. D. classicism, Free market economics is grounded in the _____. b. should be limited to a list of dos and don'ts. Ethical responsibilities Which of the following is a violation of ethics according to Kantian philosophy? B. B. 49. C. maximizing business profits by increasing employee productivity. Which of the following is a guideline to help marketing managers and other employees make better decisions? False, 17. d. Ethical relativism. The fast paced world of business allows little time for contemplation on ethics. Anything that is legal is ethical. B. The local community is not considered one of the stakeholders of an organization. In a general sense, anyone who affects or is affected by decisions made within a firm can be called a business _____. Developing long-term sources of clean water to improve health and preserve local ecosystems while creating a competitive advantage is an example of: 6. Sam has had a home in the same neighborhood for 30 years , and he loves his home .Now the city wants to buy his home , demolish it , and build a four - lane highway . What conflict does Montezuma see between Native American interests and the dominant social and economic order arrayed against them? Actively open-minded thinking is key to combating fake news: A E. All property should be owned by the government and people should not have the freedom E. preferred dividends. d. Moral relativism, 80. E. Adopting the moral principles specified in the code of ethics of the company, Which of the following is the last step in ethical decision making? B. speed money. d. Physical sustainability, 45. a. morals Which of the following best describes ethics? A. C. Utilitarianism B. Naive immoralism B. a. C. ethnocentrism. Answer: It is an objectivist theory because the moral law applies to everyone at all times. c. Social control When making ethical decisions, the more likely an action will result in a harmful outcome, the less likely that marketers will recognize a problem as unethical.