When a company sponsors a charity event that is aligned with their core mission and vision, that company is practicing which of the following concepts? Show
Manipulation would be objected strongly by the principle-based tradition in ethics.
Reducing the number of employees on the operating payroll is called _____.
Because utilitarianism focuses on consequences, producing the greatest happiness for the greatest number, as the sole criterion for determining ethical right and wrong, no action is ever right or wrong in itself, in all cases, in every situation-even, perhaps, murder, rape, theft, deceit, and lying.
_____ The legal obligations of a professional to act in the best interest of his clients.
Which of the following statements is decisive in determining whether or not to study business ethics?
_____ It regards the moral judgments about right and wrong.
The literal translation of caveat emptor is
Because the language of ethics is so different from talk about operational fields of finance, marketing, accounting, management, law, and human resources, ethical concepts and categories are not relevant to these fields.
_____ Are professions that enforce rules and attest to the fundamental fairness of the system. Examples of these are accountants, financial analysts, attorneys, and auditors.
Ethics refers to
A _____ is a situation in which personal and/or financial considerations have the potential to influence or compromise professional judgment.
When an organization shows concern for the people and environment in which it transacts business it is called ______
The virtue framework addresses the elements of individual characters and disposition which deepen one's humanity and engender one's relationships with other.
Beauty, empathy, courage, generosity, patience, love, loyalty, integrity, justice, self-control, and prudence are all examples of virtues. Terminal values refer to preferable modes of behavior.
As long as individuals follow the mores, customers, and rules of their culture or society, they are assured that their actions are ethically correct.
Ultimately, consumers and marketers are responsible for ethical and socially responsible behavior.
Acting and reflecting on the outcome is the last step to ethical decision-making.
A document prepared to guide organization members when encountering ethical dilemmas is a(n)
Practical reason is concerned with matters of fact and their explanation of value while theoretical reason is concerned with matters of value abd their explanation.
CSR is a _________ initiative
Some traditions are relatively ethical, but others become corrupt or oblivious to certain ethical manners.
The Character approach analyzes the intentions, inclinations, and motives of a person or group, and then creates a moral judgment of the character of said person or group.
_____ is about the protection of workers against vacillations in earned income as a result of job loss.
What are ethical theories?
The values-based system of ethics employs legal terms, rules of conduct, training, and penalties for non-compliance.
Which of the following is true about negligence?
Female have the right not to be sexually harassed, but male employees do not have this right because a man cannot be sexually harassed.
In the Character Approach, the judgment concered addresses both the morality and the consequences of an act.
The literal translation of _____ is let the buyer beware.
The Rights Approach is an old approach to ethics is that ethical actions should be consistent with certain virtues that provide for the full development of humankind.
Only Managers are obliged to make decisions in the business environment every day.
Ethical decision-making seeks to benefit the company as a whole, instead of allowin just one individual gain from business decisions.
This provision in the Sarbanes-Oxley Act prohibits various forms of professional services that are determined to be consulting rather than auditing.
Ethics does not only mean pursuing traditionally accepted norms.
Fiduciary duties are the legal obligations of a professional to act in the best interest of his clients.
_____ refers in general to the rules, procedures, or laws whereby businesses are regulated, operated, and controlled.
It results from focusing on failures.
Sustainable or green marketing is based on concepts of environmental and social sustainability, and attempts to meet the needs of the current generation without destroying the future.
Even without marketing, a business may offer the best products or services in an industry.
The heart of a business success does not depend on its marketing.
Which of the following is NOT true about ethical marketing?
There are five types of ethical standards: utilitarian, rights, fairness or justice, common good, and virtue.
COSO stands for The Committee of _____ Organizations of the Treadway Commission.
A strong allure of the _____ is its cost-benefit aspect.
Most, if not all, businesses give importance to business ethics and usually include in it in the core values of the company.
The Four Ps of marketing are product, purpose, price, and profit.
Business Code of Ethics defines acceptable behavior and promote high standards of practice.
Utilitarianism poses a relatively simple mode for determining the morally right course of action for any specific situation one may be in.
Ethics is the ideology about right and wrong in the workplace distinguished by social notions of the moral actions of people.
An individual who uses the Principle approach believes that an action or decision is right or wrong regardless of the consequences.
Work ethics are
Corporate culture is a set of characteristics that identifies a business. It involves employee attitudes, standards, and ways of doing things.
Being able to work in a team with different people from all ages and backgrounds is part of the expectations of the employer to their workers.
To _____ someone is to treat them as a means to an end; as a tool to be used instead of as an autonomous individual in his right.
Companies have a corporate social responsibility is about caring for the workers, giving back to the community, and being financially encironmentally, and socially responsible.
Due process does not mean that employees get to hold their jobs under any circumstance
Proprietors do not need to honor any commitments made to employees, customers or clients.
Which of the following is NOT true about the 2002 Sarbanes-Oxley Act (SOX)?
An utilitarianism generally asks the question "What effect will this act have in this situation on the general balance of good over evil?"
Ethically, tort law maintains that people owe others certain general duties only if it has been clearly and voluntarily stated.
It is a crucial component of compliance-based ethics.
_____ It mainly poses the question: What effect would everyone doing this action have on the general balance of good over evil?
The _____ to ethics believes that ethical actions should be consistent with certain virtues that provide for the full development of humankind.
Based on the COSO framework, monitoring control activities are policies and procedures that support the control environment.
Which of the following is NOT a way that companies can demonstrate social responsibility?
Corporate governance is a set of characteristics that identifies a business.
Which of the following statements is TRUE?
______ provide relevant insight for our ethical choices.
Which of the following is an element that makes ethical behavior conducive within an organization?
Rule utilitarianism is usually deemed as the most natural interpretation of the utilitarian ideal.
Business ethics are moral guidelines for the conduct of business established on notions of what is right, wrong, and fair.
Which of the following reasons accounts for the dominance of utilitarianism among policy makers and administrators?
The following account for the vast majority of poor decisions
Organizations operating internationally have become exposed to a greater level of operational risk.
_____ or undercover marketing refers to circumstances where people are subject to directed commercial activity and are unaware of it.
The philanthropic model in which business support for a social cause is done simply because it is the right thing to do differs from the reputational version only in terms of the underlying motivation.
Should a gas station owner be allowed to charge Pgp10 more per liter, if this store is the only store with gas?
Emphasis that human being have basic rights and liberties that cannot be taken away by the decision of someone is the
If something is seriously wrong, the law will prohibit it. Consequently, it is enough to rely on the law for deciding what is right or wrong.
_____ has been defined as showing a preference for selecting and/or promoting members of a demographic or minority group with a history of discrimination.
It occurs when decision-makers fail to see gradual changes over time.
Companies that practice social reponsibility marketing strategies
_____ It is a set of characteristics that identifies a business.
Bentham and Fraedrich illustrate two kinds of ethics programs, compliance and values-based.
A corporate director who bought that company stock when he knew it was about to jump up in price committed fraud by buying it while not disclosing his inside information.
_____ is one that rules should be clearly stated and consistently and impartially enforced.
Unlike rule utilitarians who try to maximize overall utility by applying the utilitarian principle to individual acts, act utilitarians maintain that one can maximize utility only by setting up a moral code that consist of rules.
There is still a high risk of unethical behavior even when companies have great rules and procedures and obey the laws and regulatiions.
There are circumstances in which buyers can be harmed by a product even when no negligence was involved.
Employees make better decisions efficiently without a governing standard.
Which of the following is TRUE about ethics?
Which of the following is true about Ethical marketing?
It emphasizes that human beings have basic rights and liberties that cannot be taken away by decision.
Employers do not have a responsibility to their employees to protect them from discrimination and unfair treatment in the workplace.
Personal integrity is the base for ethics.
Torts is a term that is usually used in the field of law that is known by lay people as liability.
The character approach is the most familiar since most ethics education is based on character.
Sustainable or green marketing refers to circumstances where people are subject to directed commercial activity and are unaware of it.
_____ refers to reducing the size of a company by eliminating workers and/or divisions within the company.
A conflict of interest is a situation in which personal and/or financial considerations have the potential to influence or compromise professioanl judgment.
An old approach to ethics is that ethical actions should not be consistent with certain virtues that provide for the full development of humankind.
The theory of virtue ethics focuses on a full and detailed description of those character traits that would constitute a good and human life. Egoism is simply not a factor in the ethical decision-making of caring, empathetic, charitable, and sympathetic persons.
Which of the following would most likely cause unethical behavior?
For some employees, the loss of a ob due to downsizing can be a positive step that allows them to reinvent themselvs.
An employee has the right to time off to take care of his sick wife, but does not have the right to take time off to care for his terminally ill neighbor.
Shoring preference for selecting and/or promoting members of a demographic or minority group with a history of discrimination is called
People using the principle approach often ask such questions as "What's the bottom line?" "What effect will this have?" "What good will this bring about?" and "Will this help in the long run?"
Investors do not have to depend on auditors to objectively assess the financial statements of a company.
Negligence can be distinguished as a failure to practice reasonable care or ordinary caution that causes another to be harmed.
Employment security is about the protection of workers against vacillations in earned income as a result of job loss.
What type of companies do individuals tend to want to work for?
This provision in the Sarbanes-Oxley Act requires that management file and internal control report with its annual report each year in order to delineate how management has established and maintained effective internal controls over financial reporting.
Which of the following does NOT contribute to the development of the standard of ethics of a manager?
The Sarbanes-Oxley act of 2006 decreed strict changes to improve financial disclosures from companies and impede accounting fraud.
What is the definition of ethics?
Normative myopia
Individuals who are shamed, bullied or discriminated against based on preconceived judgments of their appearance, disabilities, or lifestyles are victims of
It maintains that moral decisions must be based on standards of equity, fairness and impartiality.
In the virtue framework, one tries to identify the negative character traits that might motivate people in a given situation.
Proponents of corporate social responsibility highlight three advantages, which they refer to as a triple bottom line. Which of the following is NOT one of these three advantages?
The issues of due process and just cause are not connected to business owners disciplinary actions because the employets must have disciplinary procedures that make sure that their employees are disciplined for just reasons and only after the correct procedures have been followed.
Change blindness
_____ is the unjust treatment of employees based on prejudices.
_____ is an internal system of principles which guide your behavior with intrinsic benefits.
Which of the following is NOT true about corporate governance?
_____ It is discrimination against members of a dominant or majority group in favor of members of a minority or historically disadvantaged group.
Laws can never be morally wrong or unethical.
Getting the facts is the first step to ethical decision-making.
Rule utilitarianism mainly poses the question "What effect would everyone's doing this action have on the general balance of good over evil?"
The essence of business ethics extends beyond employee loyalty and morale or the strength of a leadership bond.
Change blindness results from focusing on failures.
Under health and safety law, the principal responsibility for health and safety is down to employers.
Building an ethical business environment happens in a day.
Utilitarianism was developed by Jeremy Bentham and John Stuart Mill in the 18th century.
Making sensible ethical choices does not require an understanding of ethical issues.
Caveat emptor is a phrase that is simply an effort to illustrate the broader concept of freedom of contract as it applies to the seller-buyer relationship.
The principle approach is the most familiar since most ethics education is based on principles.
In business, caveat emptor means to allow the potential buyer who is considering the procurement of an item to check the item, and then allow him to decide the terms on which he is agreeable to buy or decline the item.
Practical reason tries to gauge the way things are while theoretical reason determines how the world should be and what individuals should do.
Tostudy an issue using utilitarian approach, first, ask who will be affected by each action and what gains and harms will be assumed from each.
Making sensible ethical choices does not require an understanding of ethical issues and a prepared method for discovering the ethical sides of a decision and evaluating the alternatives that should impact our choice of action.
The Sarbanes-Oxley Act of 2002 was created by US senator Philip Sarbanes and US Representative Michelle Oxley.
If law will hold business liable for implicit promises, a weak business will try to limit its liability by clearly disowning any promise or warranty.
Which concerns does CSR address?
Only the management is obliged to make decisions in the business environment every day.
The Control Environment is the culture or tone of a company.
The reputation of a business from other businesses, the community, and investors is important in determining whether a company is a beneficial investment.
Cultural norms are the shared, approved, and incorporated structures of beliefs and practices that are handed down through generations and typify a cultural group.
Intelligent and good-hearted people all share the same values and hold similar opinions about which values should abound.
Some traditions are relatively ethical, but others become corrupt or oblivious to certain ethical matters.
Philosophical ethics distinguishes what people do value from what they should value.
Vital decisions are easy to make with many people. Different personalities interfere with reason and argument.
Social responsibility is an ethical ideology, in which individuals are responsible for executing their fiduciary duty.
CSR stands for
Which of the following is NOT true about corporate culture?
One major disadvantage of affirmative action in the workplace is the reality or perception of reverse discrimination.
_____ alludes to the range of differences between people in a company.
If an employee has different religious belief and practices from his employer, he can be rightly fired from his job.
_____ is a reason that is enough to fire an employment contract immediately and for which no notice or severance pay is due to the employee.
It follows that if people neglect their duties, then other people’s rights may be neglected.
_____ is a general set of guidelines to assist organizations as they evaluate new marketing strategies.
The literal translation of cave emptor means Let The Buyer Beware.
_____ This means that the government cannot take away the life, liberty, or property interest of a person.
Effective leaders design strategies to achieve desired outcomes, because they are in the business of making a profit.
Managers are
_____ means that the government cannot take away the life, liberty, or property interest of a person without giving them notice and a fair hearing.
The more difficult the ethical choice we have to make, the more we need to avoid difficult people and situations.
Liability can be defined as a failure to practice reasonable care or ordinary caution that causes another to be harmed.
Maintaining social responsibility within an organization ensures the integrity of society and the environment are protected.
Sustainable development involves conducting business in a way that protects the environment while making economic progress.
Inattentional blindness
In the doctrine respondent inferior, a principal is held responsible for the actions of its agent when said agent is acting in the regular course of his duties to the principal.
Which of the following is NOT true about norms?
A _____ is a common normative standard of conduct, holding that a specific decision or action is good or true or right for all every time and everywhere.
In the consequence approach, those who make decisions weigh several probable results and arrive at the decision likely to produce the best result.
What people do value and what they should value are not necessarily the same.
The character approach analyzes a person's or group's intentions, inclinations, and motives and then creates a moral judgment of the person's or group's character.
An employee is terminated for just cause where he has been found to have been dishonest with the employer, such as theft of corporate property or in the participation of a competitor business.
_____ It is a principle that seeks to do the most good and restrict the amount of harm for each individual.
Ethical character traits include integrity, honesty, and ustice.
A person who always makes use of the Character Approach will likely be considered dogmatic and hard to get along with.
Operating a business in an entirely ethical way builds a stronger bond between individuals in leadership positions that further creates stability within the company.
The words and deeds of someone will be in agreement with the ethical standards of the company when a person has a low degreee of integrity.
The _____ approach maintains that moral decisions must be based on standards of equity, fairness, and impartiality.
It generally asks the question: What effect will this act have in this situation on the general balance of good over evil?
The utilitarian ethical tradition would take the agreement of the two participants as proof that both are better off than they were before the exchange and accordingly conclude that general happiness has been raised by any exchange openly entered into.
The idea of social responsibility is based on a system of ethics, in which decisions and actions must be ethically analyzed before moving forward.
Character is a common normative standard of conduct, holding that a specific decision or action is good or true or right for all every time and everywhere.
_____ are business professionals that enforce rule and attests to the fundamental fairness of the system.
Managers are not accountable for the ethical conduct of their subordinates. This is made possible by making sure employees are aware of the code of ethics of the organization and have the opportunity to validate and clarify their misunderstanding.
The _____ approach ocuses on the ideal characteristics required for promoting employees for the company.
Social responsibility is an ethical ideology, in which individuals are responsible for executing their civic duty; the actions of a person must benefit the whole of society.
Which of the following is true about culture?
A company increases the possibility of high risk behavior when it is not fully supporting people.
It suggests that linked relationships of society are the foundation of ethical reasoning and that reverence and concern for all others are conditions of such grounds.
_____ It has been defined as showing a preference for selecting and/or promoting members of a demographic or minority group with a history of discrimination.
BEcause people already know right from wrong, the study of business ethics is simply an unprofitable exercise.
Which of the following is NOT an example of a philanthropic social responsibility initiative?
Acting in an ethical way does not concern distinguishing between right and wrong and then making the right decision.
_____ is a term that is usually used in the field of law that is known by lay people as negligence.
Sarbanes-Oxley Act entails requirements for verification of the statements by officers.
_____ It is a Greek word that literally means love of the fellow human.
Which statement/s are characteristic of virtue ethics?
In the Sarbanes-Oxley Act, Section 404 refers to the services outside the scope of auditors.
Laws can be morally wrong or unethical.
Which proposition correctly describes the concept of a right?
An _____ is a legal connection that is formed between an employee and employer when work is completed for monetary remuneration.
The approach of social responsibility is based on a system of ethics, in which decisions and actions must be ethically ratified before proceeding.
Accept terms and conditions are usually done as a part of joining procedure.
In the Sarbanes-Oxley Act, Section 406 refers to codes of ethics for senior financial officers.
The Virtue Approach is ethical actions consistent with beliefs and habits that enable us to act according to the best of our character and on behalf of values like honesty and truth.
Working for an organization does not require following an ethical framework when making decisions.
_____ are the primary rights of people regardless of their race, sex, religion, political opinion, social status or any other characteristic.
Business ethics is an instrument organizations use to guarantee managers, directors, or executive officers act responsibly in different business situations.
_____ alludes to the range of similarities and differences between people in a company.
When the current management principles is not based on ethical practices and behavior, leaders within an organization can instruct employees by example and guide them in making decisions.
Ethical predicaments in the workplace are common, and they are always easy to resolve.
Making good ethical decisions demands a trained sensitivity to ethical issues and a practicesd manner for surveying the ethical aspects of a decision and weighing the considerations that should impact the choice of a course action.
_____ is logic that is used to direct action.
One kind of ethics program is the _____ system that depends on self-policing and motivation rather than coercion.
_____ A principal factor of tort law, it concerns a kind of ethical neglect, particularly neglecting duty to practice reasonable care not to harm others.
The major reason to study ethics is that whether or not we examine the questions What should I do? or What type of person should I be? or How shall we live in community? we answer them in the course of living our everyday lives.
_____ It is the applied ethics discipline that focuses on the moral aspects concerning business activity.
The abbreviation COSO stands for The Committee of Sponsoring Organizations of the Treadway Commission.
Managers are accountable for the ethical conduct of those who report to them by making sure employees are aware of the code of ethics of the organization and have the opportunity to va;idate and clarify their understanding.
It espouses that moral behavior generates the greatest good for the vast majority.
Which of the following stakeholders are interested in CSR?
Identify the statement that is consistent with utilitarian ethical theory.
_____ It is a method by which a product or service is presented and promoted to possible customers.
The right to due process often comes up when the government needs to take the property of someone for public use.
An induction program is not really necessary; employers can let each employee know what to expect when they need to know.
Respondent superior is Latin for consumer rights.
_____ is a strong predictor of human trafficking and may come in the form of bribery and usury fees paid by workers to recruitment agents.
Which statement/s are legitimate challenges to utilitarian ethical theory?
There will be no parameters limiting what a person will or will not do if virtues did not exist.
Moral dilemmas emerge when individuals or groups need to pick between contending values.
According to philanthropic model of corporate social responsibility, the social responsibility of business managers is to pursue profit with the law.
Producers owe only those things promised to consumers in the sales agreement.
Sustainable or _____ marketing is based on concepts of environmental and social sustainability, and attempts to meet the needs of the current generation without destroying the future.
Freud and Fraedrich illustrate two kinds of ethics programs, compliance and values-based.
_____ is a reason that is enough to fire an employment contract immediately and for which, no notice or severance pay is due to the employee.
For business owners, it is vital to speak and act in a trustworthy manner.
The _____ espouses that moral behavior generates the greatest good for the vast majority.
Decisions taken within an organization may be made by individuals or groups, but whoever makes the decisions will be affected by the culture of the company.
Corporate culture refers in general to the rules, procedures, or laws whereby businesses are regulated, operated, and controlled.
In this perspective, the principle of utility (do whatever will produce the best overall results) should be applied on a case by case basis.
The culture of a company is connected to the characteristics found in the surrounding environment, but it also has some traits that are unique.
What is social responsibility?
There is a principle called _____ which is Latin for: let the master answer.
According to this viewpoint, people should judge the morality of individual actions by reference to general moral rules, and people should judge particular rules by determining whether their acceptance into the moral code would produce more well-being than other possible rules.
The theory of social responsibility and ethics only applies in a group context.
Which statement is an argument against corporate social responsibility?
Establishing a safe work environment is crucial to the success of a business and is one of the best ways to retain employees and maximize productivity.
Rule utilitarianism emphasizes the specific situations and the many individual features of the circumstances that offer moral problems, and it presents a simple method for addressing these individual cases.
______ espouses that moral behavior generates the greatest good for the vast majority.
Integrity is an obligation, not a choice.
This approach suggests that linked relationships of society are the foundation of ethical reasoning and that reverence and concern for all others are conditions of such grounds.
An _____ is a legal connection that is formed between an employee and employer when work is completed for monetary renumeration.
The Rule of 7 states that for every individual you minus to a group beyond seven, decision effectiveness declines by 10 percent.
Culture protrays the ethical and moral beliefs and standards that articulate how people should behave and interact with one another.
_____ is a concept that individuals should be compensated for the damages of their injuries by the liable party and that individuals should not be held responsible for matters over which they have no control.
It is the shortsightedness of values.
Employees who do not work for an organization that requires a high standard of business ethics in all aspects of operations tend to complete their job duties at a higher level and stay loyal to that organization.
The challenge of resolving moral approaches is intensifies by the problem that people have similar approaches to moral decision-making.
Unethical behavior is always against the law.
Strict product liability is a legal rule that says a seller of a defective product is liable to a person injured by that product regardless of whether the seller did everything possible to make sure the defect never happened.
There is a vital relationship between integrity and ethics.
The legal obligations of a professional to act in the best interest of his clients is called _____.
In general, corporate governance refers to the rules, procedures or laws whereby businesses are regulated, oprated, and controlled.
One of the benefits of having a diverse workforce is it can provide a greater variety of solutions to problems in service, sourcing, and allocation of resources.
The social responsibilities of a management include all of the following except
Organizations can use ethical marketing as a way to establish trust among their customers by living up to the claims made in its advertising.
Acting with honor is a vital characteristic of a business owner.
Which of the following is an example of a fiduciary relationship?
Which of the following statements is true of corporate social responsibility CSR )? Quizlet?Which of the following statements is true of corporate social responsibility (CSR)? It is demonstrated by companies that consider their relationship to the society in which they operate.
Which of the following best describes the idea of corporate social responsibility CSR?Answer» b. a corporation's obligation to society that goes beyond the requirements of the law and economics to take into account the social and environmental impact of its decisions.
What is Corporate Social Responsibility CSR quizlet?What is CSR? Corporate social responsibility is the managerial obligation to take action to protect and improve both the welfare of society as a whole and the interest of organizations. a companies obligation exert a positive impact and minimize its negative impact on society.
Which of the following models of corporate social responsibility CSR considers business as a citizen of the society that it operates in?The stakeholder model of corporate social responsibility (CSR) views business as a citizen of the society in which it operates and, like all members of a society, business must conform to the normal range of ethical duties and obligations that all citizens face.
|
Which of the following statements is true of the common view of corporate social responsibility CSR )?
zusammenhängende Posts
Urheberrechte © © 2024 paraquee Inc.
