MGT 301

Ethical leadership for the University of Central Florida is provided by the university's _____________.

ethics committee

the approach of ___________ holds that when people act in their own self interest, they eventually learn to respect others interest as well so that their well-being is respected in return.

individualism

The way Professor Quinn chose to handle this situation illustrates the difficulty of dealing with ethics violations. Listed as follows are several ways that corporations try to encourage ethical behavior in their employees. Which of these techniques do you see used in this scenario? Check all that apply.

Establishing a code of ethics Referring ethical dilemmas to an ethics committee Providing support for whistleblowers

Robert's reaction to this scenario is: "I think that Eileen made the right choice. She and her mom made a deal and, unless there was some risk of actual physical danger, that deal should be honored." Which of Kohlberg's levels of development does this response represent?

Post-conventional

Under which of the following conditions will codes of ethics be less effective?

if people who violate the codes are not punished

An organization's investors and shareholders, employees, customers, and suppliers are considered______________, in contrast to human rights activists, environmental organizations, and the communities where it does business.

primary stakeholders

when a company writes a policy handbook and insists that each policy be administered the same way to all employees, the company is using __________.

procedural justice

Which of the following stakeholders are primarily concerned with profitability?

Investors

A CEO says, "Our company needs to be profitable so we can continue to employ people and deliver a return on investment to our shareholders. Our company also needs to obey the law, and it needs to treat all its stakeholders fairly," This CEO is describing

a corporate social responsibility

You might be charged with writing a ______________ for your company that outlines the organization's values and general principles.

code of ethics

When nearly all Americans in a recent survey said that they believe executives base decisions primarily on what will advance their careers, the survey respondents were indicating __________________ ethics in business management.

serious concerns about

A CEO wants to make the argument that his company should put policies and structures in place to ensure adherence to the highest possible standard of ethics. Which of the following statements could he correctly use to make his argument? Check all that apply.

Studies have shown that a higher standard of ethical behavior is linked to higher executive pay. Employees prefer to work for highly ethical organizations. Most consumers would prefer to buy products made by a company that demonstrates ethical behavior.