FiltersDone

Question type

Essay

Multiple Choice

Short Answer

True False

Matching

Exam 4: Business Ethics, Corporate Social Responsibility, Corporate Governance, and Critical Thinking

Show Answer

Share

---

All types

Filters

Study FlashcardsPractice ExamLearn

Question 1

Multiple Choice

Review LaterAdd Note

Review Later

_____ theory emphasizes that one should use the categorical imperative and judge an action by applying it universally.

A) Utilitarian
B) Teleological
C) Justice
D) Kantian

E) C) and D)
F) A) and B)

Correct Answer

verified

Show Answer

Question 2

Multiple Choice

Review LaterAdd Note

Review Later

______ requires a decision maker to ensure the maximum good for the maximum number.

A) Profit maximization
B) Rights theory
C) Stakeholder theory
D) Utilitarianism

E) A) and D)
F) B) and C)

Correct Answer

verified

Show Answer

Question 3

Essay

Review LaterAdd Note

Carol,a senior manager in Bizlaw Inc. ,encourages Rob,her junior manager,to bill Bizlaw's clients for his commute time,and identify it as "meet and confer with senior manager." Carol explains that she will then adjust her own billing sheet to match this entry.Carol tells Rob that all other Bizlaw junior and senior managers engage in this practice,and that clients have never questioned such entries.Rob is not sure whether this would be an ethical action.What should Rob do?

Profit maximization is a deontological theory.

Which of the following ethical theories is a deontological theory?

Which of the following ethical theories emphasizes that certain human rights are fundamental and must be respected by other humans?

Bob DeSlob,CEO of Westlake Inc. ,had supported the development and distribution of the Super Widget,a product that is expensive to make.The Super Widget failed to meet its expected sales.Bob,now,decides to invest more resources to produce and aggressively market the Super Widget,rationalizing that if he did not invest more in the product,what he has invested would be lost.Bob is engaging in:

Jack flipped a coin five times and each time it came up heads.His friend Atmel saw this and bet Jack that the next flip would come up tails.Atmel figured that it was overdue for a tails and so tails was a more likely outcome in the next flip.Atmel has fallen prey to:

The reduced sales of Martha Stewart branded goods at K-Mart after she was accused of insider trading is an example of the strength of the profit maximization theory.

Rights theory concerns itself with the costs and benefits of requiring respect for another's rights.

Carol,an Acme Co.employee,regularly takes pens,paper,and other office supplies from the Acme office supply cabinet and brings them home for her husband to use in his home office.Carol defends this action by saying that: "I don't get paid enough,and besides,no one will miss the supplies." This statement is an example of:

Profit maximization compels a decision maker to consider stakeholders other than the corporation and its shareholders.

An "argumentum ad populum" used in an argument is a wrong conclusion:

A teleological theory may find unacceptable that any competent employee loses his job,even if the layoff's effect is to reduce prices to consumers and increase profits.

How can a corporation improve its corporate governance and corporate responsibility?

Which of the following is a prescribed guideline for ethical decision making?

The last tactic to adopt in resisting a request to act unethically is to:

Which ethical theory justifies the protection of a neo-Nazi's right to hateful speech,even though the cost of such speech includes damage to relations between ethnic groups,which may far outweigh any benefits the society receives from the speech?

"What would happen if everyone acted in this way?" is a question that Kant would ask.

Which of the following ethical theories illustrates that acting in one's selfish interests can ultimately result in ethical behavior and benefits to society?