Business Ethics ch 4

US corporate sentencing guidelines Provide what?

A strong incentive for business to promote ethics at work

What is the term for application of general ethical ideas to business behavior?

Business ethics

A manager or employee who cuts his or her own self interest above all other considerations is called what?

Ethical egoist

What holds that ethical principles should be defined by various periods of time in history?

Ethical relativism

What is Justice ethics?

Means benefits and burdens are distributed equally, according to some accepted rule

What is rights?

Person or group is entitled to something or to be treated in a certain way

Ethical principles are what?

They are guides to moral behavior.

What is virtue ethics?

Values and character are critical determining factors

What is integity capital?

When ethical performance is linked with financial performance.

All of the following values are present in most ethical decisions except: a. Be fair and just. b. Be courteous. c. Act responsibly. d. Be honest.

c. Act responsibly.

People's ethical beliefs come from: a. Legislative action and judicial decisions. b. Reading the company's profit and loss statements. c.Their religious background, family, and education. d.The organization's code of ethics.

c. Their religious background, family, and education.

What is the Sarbanes oxley act?

seeks to ensure that ferns maintain hide article standards in how they conduct in monitor business operations

What is utilitarian?

Comparing benefits and costs

A purchasing agent directing her company's orders to a firm which she received a valuable gift, is an example of: a. Conflict of interest. b. Ethical relativism. c. Moral development. d. Egotism.

a. Conflict of interest.

Utilitarian reasoning primarily considers: a. The end results of an action. b. The rights of the unprotected. c. The distribution of benefits. d. Both A and C, but not B.

a. The end results of an action.

When the benefits of an action outweigh its costs, the action is considered ethically preferred according to: a. Utilitarian reasoning. b. Virtue ethics. c. Theological reasoning. d. Plato and Aristotle.

a. Utilitarian reasoning.

A bottom-line mentality in business is reflected in which statement? a. "I want it." b. "We have to beat the others at all costs." c. "Help yourself and those closest to you." d. "Foreigners have a funny notion of what's right and wrong."

b. "We have to beat the others at all costs."

A conception of right and wrong is: a. Impossible to know. b. The definition of ethics. c. Determined by power. d. Based on stakeholder dialogue.

b. The definition of ethics

Businesses are expected to be ethical in their relationships with: a. Stockholders b. Customers c. Competitors d. All of the above

d. All of the above

The reason(s) behind the uncertainty of an ethical or unethical decision is(are) that different people and groups: a. May honestly and genuinely use different sources of information. b. May rank various rights in different ways. c. May not share the same meaning of justice. d. All of the above.

d. All of the above

As business becomes increasingly global: a. It must turn to national laws for guidance. b. Ethical issues become issues of free trade. c. A global code of conduct will emerge for businesses. d. Cross-cultural contradictions will increase.

d. Cross-cultural contradictions will increase.