Exam 3 (36-71)

Factors that play into the ethical intensity of a decision are:

1) magnitude of consequences 2) probability of effect 3) social consensus 4) temporal immediacy 5) proximity of effect 6) concentration of effect.

Decision making is the process of choosing a solution from available alternatives.

true

Decision rules are sequences of responses to specific situations.

true

Decision styles vary between organizations.

true

Instrumental values are the core goals one holds.

true

Non-programed decisions are based on new situations.

true

Opportunity is conditions an organization has that could limit behavior.

true

Rational decision making involves finding multiple solutions and picking your favorite.

true

There are three types of justice ethics.

true

When making a decision, Ashley considered the magnitude of its consequences. By doing this, she had a good idea of its ethical intensity.

true

After you identify your decision criteria, you weigh the importance of each one.

true

Constant preferences are important to rational decisions.

true

When evaluating alternatives, once you have a solution that works, you should not look at any others.

false

The difference between ethics and ethical behavior is:

Ethics is defined as the code of moral principles that sets standards of good or bad, right or wrong, in our conduct. Ethical behavior is the term used to describe what we accept as right or wrong, good or bad.

Absolute comparisons involve which of the following?

Involve comparing criterion with a standard or ranking it on its own merits.

Ethical training is not used to:

The first objective of ethics training is to teach employees a practical model of ethical decision making. Second objective for ethics training is to achieve credibility with employees. The final objective of ethics training is to teach employees a practical model of ethical decision making.

The environment of decision making is mostly certain.

false

The individualism view of ethics states that one should always look out for themselves, despite what consequences it makes for others.

false

This model of decision making involves looking at the short- and long-term goals.

Wall Street Journal Model

All decision making involves knowing the exact problem.

false

Business ethics tend to be followed so companies can be accepted by the public.

false

Directive decision makers have a high tolerance for ambiguity.

false

Personal and business ethics are mutually exclusive.

false

Programmed and non-programmed decisions are just two of many types of the decisions people make.

false

Relative comparisons occur when you rank criteria on their own.

false

Ruby wanted to buy her first house. When making her decision, she looked at multiple options and asked for advice from others. She used the behavioral style of decision making.

false

The Blanchard and Peale framework lists three considerations for decision making, including looking at the choice's contribution to the company.

false

The Peter Drucker model emphasizes deciding based on what is best for all.

false

The Baird decision making process looks at ethical situations through which of the following?

four lenses: the rights lens, the relationship lens, the results lens, and the reputation lens. This framework assumes that leaders are predisposed to a particular lens or set of lenses, and will seek to evaluate ethical dilemmas from the values represented by each lens

Non programmed decisions

occur in unusual situations that have not been addressed often.

Programmed decisions are helpful because:

policies and processes already exist for how to handle situations.

The rational decision making process assumes which of the following:

problem clarity, known options, clear preferences, constant preferences, no time/cost constraints, and maximum payoff

Terminal values are:

the goals that we work towards and view as most desirable.

Absolute comparisons involve knowing what your criteria are.

true