Business law

Business ethics is not more complicated than personal ethics

false

according to German philosopher Immanuel Kant, individuals should evaluate their actions in light of the consequences that would follow if they were the only members of society that acted in that way

false

adhering strictly to all business laws is all that is necessary to fulfill all business ethics obligations

false

no one believes that judging a job candidate based on what he or she does outside the work environment is ethical

false

the categorical imperative cannot be applied to many business actions

false

to be a "good citizen," when making decisions a business show not evaluate the public relations impact

false

according to utilitarianism, it matters how many people suffer a negative effect from an act

true

acting in good faith gives a business firm a better chance of defending its actions in court

true

compliance with the law does not nescessarily fulfill all ethical obligations

true

corporations can be good citizens by promoting goals that society deems worthwhile

true

duty-based ethical standards often come from religion precepts or through philosophical reasoning

true

ethical reasoning is the process through which an individual links his or her moral convictions or ethical standards to the particular situation at hand

true

ethics can be highly subjective and subject change over time

true

ethics is concerned with the fairness or justness of an action

true

ethics is less certain than law

true

focusing on a firm's short-term profits without considering the company's long-term needs may be acting unethically

true

in ethical terms, a cost-benefit analysis is an assessment of the negative and positive effects of alternative actions on individuals

true

many companies have provided guidelines about what is appropriate when making posts on social media accounts

true