MGT 341 Test 1

Réussis tes devoirs et examens dès maintenant avec Quizwiz!

Immanuel Kant's principle, called the categorical imperative, requires that everyone be treated as

A free and equal person

The video we watched in class about the HealthSouth Corporation provided an example of how strong ethical leadership improved the overall performance of that firm. True or False

False

According to the dictionary, the term ethics has a variety of different meanings. One of its meanings is: The principles of conduct governing an individual or a group. True or False

True

Cost-benefit analysis is used to determine the desirability of investing in a project (such as a dam, factory, or public park) by figuring whether its present and future economic benefits outweigh its present and future economic costs. True or False

True

Enron evolved into a major commodity trader dealing in oil, gas, electricity, water and Internet space. True or False

True

Ethics is the discipline that examines one's moral standards, or the moral standards of a society. True or False

True

In Rawls theory of justice fairness and impartiality heavily rely on original position and a veil of ignorance. True or False

True

Intrinsic goods are things that are desired for their own sake, such as health and life.

True

Negative rights are defined entirely in terms of the duties others have not to interfere with you. True or False

True

Producing what the buying public wants may not be the same as producing what the entirety of society needs. The argument is essentially making a normative judgment on the basis of some assumed but unproved moral standards. True or False

True

Rule utilitarianism looks only at whether a particular action is required by the correct moral rule that everyone should follow. True or False

True

The "Loyal Agent Argument" states: An employer would want to be served in whatever ways will advance his or her self-interests. Therefore, as a loyal agent of his or her employer, the manager has a duty to serve his or her employer in whatever ways will advance the employer's self-interests. True or False

True

Utilitarianism characterizes the moral approach taken by Ford in the infamous Pinto case study. True or False

True

Utilitarianism is attractive to many because it matches the views we tend to hold when discussing governmental policies and public goods. True or False

True

Major problems with the utilitarian reliance on measurement include:

a) Comparative measures of the values things have for different people cannot be made; we cannot get into each others' skins to measure the pleasure or pain caused. c) The potential benefits and costs of an action cannot always be reliably predicted. E) a and c

To evaluate the adequacy of moral reasoning, ethicists employ the following criteria:

a. Moral reasoning must be logical. b. Factual evidence must be accurate, relevant, and complete. c. Moral standards must be consistent. ALL THE ABOVE

Moral standards can be distinguished from non-moral standards using the following characteristics

a. They deal with matters that can seriously injure or benefit humans. b. Are not established or changed by authoritative bodies. c. They are based on impartial considerations. ALL THE ABOVE

For retributive justice to be morally justified:

a. the person must have known and freely chose the action b. the person must have actually done something wrong c. the person's punishment must be consistent and in proportion to the wrong ALL THE ABOVE

Considerations to follow in determining what the moral thing to do might be are

a.You must determine what alternative actions are available. b. You must estimate the direct and indirect costs and benefits the action would produce for all involved in the foreseeable future. c. You must choose the alternative that produces the greatest sum total of utility. ALL THE ABOVE

Few businesses maintain that the socially responsible course to take is the utilitarian one with the lowest net costs. True or False

False

Lawrence Kohlberg identified twelve stages of moral development. True or False

False

Ethical relativism is the theory that, even though different societies may have different ethical beliefs, there is still a reasonable and rational method of determining whether an action is morally right or wrong other than by asking the people of that society what they believe. True or False

False

Though business ethics covers a variety of topics, three basic types of issues are:

Systematic, corporate and individual

In the Libertarian view of the nature of justice, any distribution of benefits and burdens is just if it is

based on free exchange between individuals

Ethical relativism is the theory that:

there is no rational way of determining whether an action is morally right or wrong other than by asking the people of that society what they believe.


Ensembles d'études connexes

CHAPTER 14 THE FEDERAL BUDGET AND SOCIAL SECURITY

View Set

IMS 3300 quiz 2/sample quiz & exam questions

View Set

English 111 Final Passage Id's (all attribution for these analyses goes to those who contributed to the Google Doc "English 111 Passage ID's")

View Set

Activity Three: What is the Human Development Index?

View Set

Chapter 11: Surveys & Questionnaires

View Set

Bio 104; Mastering Biology Lab Chapt. 18- An introduction to Ecology & Biosphere

View Set

Intro to Environmental Issues INQUIZITIVE chapter 11

View Set