QUESTION John Rawls argues that all economic goods and services should be distributed equally except when an unequal distribution would work to everyone’s advantage. Indicate whether the statement is true or false. ANSWER TRUE John Rawls argues that all economic goods and services should be distributed equally except when an unequal distribution would work […]
QUESTION According to John Rawls’s difference principle, wide variations in income and wealth can be considered just if the market-based system that produces this unequal distribution also benefits the least-advantaged members of society. Indicate whether the statement is true or false. ANSWER TRUE Wide variations in income and wealth can be considered just if […]
QUESTION John Rawls’s veil of ignorance is a conceptual tool that contributes to the moral compass that managers can use to help them navigate through difficult ethical dilemmas Indicate whether the statement is true or false. ANSWER TRUE Rawls’s veil of ignorance follows that it is unjust, and by extension unethical, for companies to […]
QUESTION To strengthen the moral courage of employees, companies should not retaliate against those employees who complain about unethical actions. Indicate whether the statement is true or false. ANSWER TRUE Companies can strengthen the moral courage of employees by committing themselves to not retaliate against employees who exercise moral courage, say no to superiors, […]
QUESTION Societal business ethics are not divorced from personal ethics. Indicate whether the statement is true or false. ANSWER TRUE Societal business ethics are not divorced from personal ethics, which are the generally accepted principles of right and wrong governing the conduct of individuals.
QUESTION Business leaders should use every relevant opportunity to stress the importance of business ethics and make sure that key business decisions not only make good economic sense but also are ethical. Indicate whether the statement is true or false. ANSWER TRUE Leaders in the business must give life and meaning to words in […]
QUESTION An organizational culture that requires all decisions to be purely economic allows unethical behavior to flourish and persist. Indicate whether the statement is true or false. ANSWER TRUE A cause of unethical behavior in businesses is an organizational culture that deemphasizes business ethics, reducing all decisions to the purely economic.
QUESTION The internal stakeholders of a company do not have an exchange relationship with the company. Indicate whether the statement is true or false. ANSWER FALSE All stakeholders are in an exchange relationship with the company. Each stakeholder group supplies the organization with important resources (or contributions), and in exchange each expects its interests […]
QUESTION Enterprises headquartered in a country which scores high on masculinity and power distance measures are more likely to behave ethically than enterprises headquartered in a culture where individualism and uncertainty avoidance are strong. Indicate whether the statement is true or false. ANSWER FALSE Using Hofstede’s dimensions of social culture, it was found that […]
QUESTION The first step in an ethical algorithm is to identify those common resources that are not owned by anyone in particular but are used by everybody. Indicate whether the statement is true or false. ANSWER FALSE In the first step of an ethical algorithm, businesspeople should identify which stakeholders a decision would affect […]
