Business

The utilitarian philosophy for business ethics primarily focuses on:

QUESTION The utilitarian philosophy for business ethics primarily focuses on: A. applying home-country standards of ethics in foreign countries. B. adopting the ethics of the culture in which a business operates. C. maximizing business profits by increasing employee productivity. D. ensuring justified treatment of any minority. E. weighing the benefits, costs, and risks associated with […]

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Date: September 3rd, 2020

Adoption of which of the following ethical approaches is most likely t

QUESTION Adoption of which of the following ethical approaches is most likely to cause a company to use tools such as cost-benefit analysis and risk assessment to weigh all of the social benefits and costs of a business action? A. Naive immoralism B. Friedman doctrine C. Ethnocentrism D. Utilitarianism E. Righteous moralism   ANSWER D

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Date: September 3rd, 2020

Which of the following is a violation of ethics according to Kantian p

QUESTION Which of the following is a violation of ethics according to Kantian philosophy? A. Employing people to work at sweatshops B. Treating people as ends rather than as means C. Practicing superior standards of employment in the host country D. Empowering people with fundamental rights and privileges E. Treating employees as conscious moral beings […]

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Date: September 3rd, 2020

Which of the following statements is true about the Universal Declarat

QUESTION Which of the following statements is true about the Universal Declaration of Human Rights? A. This declaration provides different sets of fundamental rights and privileges for different cultures. B. According to this declaration, it is unethical to employ child labor in sweatshops even if that happens to be common in some countries. C. This […]

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Date: September 3rd, 2020

According to the theory of rights: A. firms can pursue actions that v

QUESTION According to the theory of rights: A. firms can pursue actions that violate fundamental rights in order to maximize profits. B. collective good forms the basis for the moral compass that managers should use when making ethical decisions. C. fundamental human rights and privileges transcend national boundaries and cultures. D. people should be treated […]

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Date: September 3rd, 2020

While making a business decision, a manager who believes in rights the

QUESTION While making a business decision, a manager who believes in rights theories is most likely to focus on: A. respecting fundamental human privileges. B. achieving collective goals, even if that involves violating fundamental rights. C. propagating home-country standards of ethics. D. weighing the associated social benefits, costs, and risks. E. maximizing stockholders’ wealth and […]

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Date: September 3rd, 2020

In a business setting, managers sometimes do not realize they are beha

QUESTION In a business setting, managers sometimes do not realize they are behaving unethically, primarily because they: A. fail to take into account the ethical dimension of business decisions. B. ignore business variables such as cost, delivery, and product quality. C. have a strong system of personal ethics. D. abide by the concept of noblesse […]

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Date: September 3rd, 2020

The CEO of Gold Chip Software engages in corruption and uses his power

QUESTION The CEO of Gold Chip Software engages in corruption and uses his power in the company to enrich himself and his family members. Consequently, his employees also engage in the same behavior. In this case, the roots of unethical behavior can be traced to: A. unrealistic performance expectations. B. organizational leadership. C. noblesse oblige […]

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Date: September 3rd, 2020