Which of the following statements is true about ethical decision making in business Law Assignment Help

Which of the following statements is true about ethical decisionmaking in business? A) It is limited to the type of major corporatedecisions with social consequences.B) It should rely on thepersonal values and principles of the individuals involvedC) Itinvolves significant general policy issues that affect entireorganizations. D. Every employee, except workers in aprocess-oriented organization, will be faced with an issue thatwill require ethical decision making.D) Every employee, exceptworkers in a process-oriented organization, will be faced with anissue that will require ethical decision making.2. Which of thefollowing best describes a business stakeholder?A) Anyone whoaffects or is affected by decisions made within a firm.B) Anyonewho has acquired significant shareholding in a firm.C) Anyone witha controlling interest in a firm.D) Minority shareholders in abusiness entity.3. The aspect of business ethics that examinesbusiness institutions from a social rather than an individualperspective is referred to as: A) institutionalized ethicalresponsibility.B) corporate cultural responsibility.C) decisionmaking for social responsibility.D) institutional morality.4.Kathy, your best friend and class mate, asks you to help her with achallenging ethical predicament. Which of the following would beyour first step in the decision making process? A) Identifying theethical issueB) Considering the available alternativesC)Determining the facts of the situationD) Making the decision5.Which of the following statements reflects the concept of normativemyopia?A) I was so involved in our debate that I missed the redlight. We need to limit our conversations in the car.B) I mayhave exaggerated the features of the product to get this sale. Youknew how important this deal was for me.C) Brad met with anaccident because he was drunk while driving. I hope he has learnthis lesson.D) I never expected Draco to steal from me; he hasbeen my friend for so long.6. In the ethical decision-makingprocess, once we have examined the facts and identified the ethicalissues involved, we should next: A) make the decision.B) considerthe available alternatives.C) identify stakeholders.D) monitor andlearn from the outcomes.7. Which of the following explains the termsatisficing?A) Considering limited alternatives while makingdecisions. B) Selecting the alternative that meets minimum decisioncriteria.C) Following simplified decision rules.D) Selecting thealternative simply because it is the easy way out.8. Ethicalreasoning falls into three major categories. Identify them. A)Utility, virtue, and valuesB) Universal rights, values, and moralprinciplesC) Personal character, consequences, and principlesD)Universal rights, cultural norms, and mores9. The study of variouscharacter traits that can contribute to, or obstruct, a happy andmeaningful human life is part of: A) philosophical ethics.B) virtueethics.C) deontological ethics.D) utilitarianism.10. Utilitarianismhas been called a(n): A) consequentialist approach to ethics.B)behavioral approach to ethics.C) commonsensical approach toethics.D) intuitive approach to ethics.11. Which of the followingtraditions would support child labor because it produces betteroverall consequences than the available alternatives? A) VirtueethicsB) Deontological ethicsC) UtilitarianismD) Classicism12.Economists that view profit maximization as a central idea tocorporate social responsibility are following the: A) Kantianframework of ethics.B) utilitarian framework of ethics.C)deontological framework of ethics.D) virtue-based framework ofethics.13. Which of the following is true about corporate culture?A) Corporate cultures shape the people of the organization, withoutgetting affected by them.B) Corporate cultures are generallystatic, but can be changed by voluntary action of the topmanagers.C) Corporate cultures can hinder individuals in making theright decisions.D) Corporate Cultures cannot hinder individualsin making the right decisions.14. Which of the followingstatements is true about ethical corporate cultures? A) Ethicalorganizational culture cannot have a direct impact on the bottomline.B) If attended to and supported, a strong ethical culture canserve as a deterrent to stakeholder damage.C) Even if ignored,organizational culture could reinforce a perception that anythinggoes, and any way to a better bottom line is acceptable,building long-term sustainability.D) The responsibility forcreating and sustaining ethical corporate cultures rests on lawenforcement agencies.15. Which of the following is true aboutcorporate culture? A) An integrity-based culture is one thatreinforces a particular set of rules.B) A compliance culture isonly as strong and as precise as the rules that workers areexpected to follow.C) Values-based organizations do not include acompliance structure.D) A values-based culture emphasizes obedienceto the rules as the primary responsibility of ethics.16. Which ofthe following involves the disclosure of unethical or illegalactivities to someone who is in a position to take action toprevent or punish the wrongdoing?A) GentrificationB) RedliningC)WhistleblowingD) Flyposting17. The law has created a form ofbusiness that limits the liability of individuals for the risksinvolved in business activities. Identify the form of business.A)CorporationB) PartnershipC) Limited partnershipD) Proprietorship18.Which of the following is true about the economic model of CSR? A)It holds that businesses should not only pursue profits, but itshould also do its part for environment sustainability.B) It hasits roots in the Kantian tradition of ethics.C) According to thismodel, profit is a direct measure of how well a business firm ismeeting societys expectations.D) It holds that social goals shouldbe at the heart of a firms mission.19. Just as individuals haveno ethical obligation to contribute to charity or to do volunteerwork in their community, business has no ethical obligations toserve wider social goods. But, just as charity is a good thing andsomething that we all want to encourage, business should beencouraged to contribute to society in ways that go beyond thenarrow obligations of law and economics. Identify the model of CSRthat reflects this line of thought. A) Integrative modelB)Stakeholder theoryC) Philanthropic modelD) Social Web model20.Philosophers distinguish between three different types ofresponsibilities. The most demanding responsibility is often calledduty or obligation in order to indicate that they oblige us in thestrictest sense. Identify this responsibility.A) A business shouldnot sell a product that causes harm to consumers. B) A businessshould volunteer for society or environment-friendly work.C) Abusiness should engage in charitable work for the development ofthe society.D) A business should prevent harm even in those caseswhere it is not the cause.21. The practice of attending to theimage of a firm is referred to as: A) crisis management.B)branding.C) reputation management.D) gentrification.22. Identifythe correct statement about bullying.A) The mistreatment of anemployee needs to be physically threatening to be termed asbullying.B) Bullying does not involve a boss who is constantlyyelling dictates at workers because that is his job.C) When acoworker spreads rumors about another in order to sabotage hisposition, he is not bullying because he is not higher than theother employee in the hierarchy of authority.D) Bullying can leadto a complete loss of personal dignity, intimidation, and fear.23.Identify the doctrine which holds that employers are free to firean employee at any time and for any reason, unless an agreementspecifies otherwise. A) The doctrine of estoppelB) The doctrine ofconstructive noticeC) The doctrine of employment at willD) Thedoctrine of constructive dismissal24. During to process ofdownsizing, allowing a worker to remain in a position for a periodof time once she or he has been notified of impending terminationmight not be the best option. Identify the correct justificationfor this statement.A) Workers will interpret early notice as aneffort to allow them time to come to grips with the loss of theirjobs.B) Terminated workers will not be inclined to put their besteffort, which might result in lost revenues.C) Terminated workersmay interpret early notice as an effort to get the most out of thembefore departure.D) Workers who are not terminated will have a badimpression about the organization for terminating theircoworkers.25. Which of the following is discrimination againstthose traditionally considered to be in power or the majority? A)Reverse discriminationB) Affirmative actionC) InversediscriminationD) Converse discrimination

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