Ethics Chapter 4 multiple choice
Under the U.S. Corporate Sentencing Guidelines, if a firm has developed a strong ethics program, corporate executives found guilty of criminal activity may have their sentence
Reduced
In a 2010 study of 400 companies, what percentage of firms said the benefits of the Sarbanes-Oxley Act outweighed its costs?
70%
The Sarbanes-Oxley Act
requires executives to pay back bonuses based on earning that are later proved fraudulent
A conception of right and wrong is
the definition of ethics
At the core of rights reasoning is the belief that
respecting others is the essence of human rights
People everywhere depend on ethical systems to tell them whether their actions are
right or wrong
Businesses are expected to be ethical in their relationships with
stockholders, customers, competitors
A just or fair ethical decision occurs when
the benefits and burdens are distributed equally
As business becomes increasingly global
Cross-cultural contradictions will increase
Which statement characterizes the moral reasoning typically found in a child?
I'll let you play with my toy if you play with mine
When the benefits of an action outweigh its costs, the action is considered ethically preferred according to
Utilitarian Reasoning
According to a 2009 opinion poll, Americans hold a dim view of
Wall street executives
All of the following values are present in most ethical decisions except
be respectful
Under the Sarbanes-Oxley Act, corporations are required to
have executives vouch for the accuracy of the firm's financial statements
Which of the following examples best illustrate an ethics issue based on cross-cultural contradictions
legally selling a pesticide abroad that is banned in the U.S.
Business executives are finding that a trusting, ethical relationship with a business partner is
often essential in conduction business
People's ethical beliefs come from
their religious background, family, and education
A bottom-line mentality in business is reflected in which statement
we have to beat the others at all costs
As an additional employee benefit to promote spirituality, companies have begun to provide employees with the services of
chaplains
A purchasing agent directing her company's orders to a firm which she received a valuable gift, is an example of
conflict of interest
Cross-cultural contradictions arise due to
differences between home and host's countries ethical standards
Business managers need a set of ethical guidelines to help them
identify and analyze the nature of an ethical problem
The main drawback to utilitarian reasoning is that
it is difficult to accurately measure both costs and benefits
Scholars found that spirituality
positively affects employee and organizational performance
Which of the following is not true about justice reasoning?
the reasoner is interested in the net value of the benefits
