Conduct can be clearly unethical and morally reprehensible, but still be legal.
a. True
b. False correct answers a. True
The majority of employees say that they would leave their current position to work for a company with a good reputation.
a. True
b. False correct answers a. True
The ...
MBA 650-Ch2 || with Errorless Solutions 100%.
Conduct can be clearly unethical and morally reprehensible, but still be legal.
a. True
b. False correct answers a. True
The majority of employees say that they would leave their current position to work for a
company with a good reputation.
a. True
b. False correct answers a. True
The Dodd-Frank Act requires public companies to disclose the compensation ratio between
CEOs and other employees.
a. True
b. False correct answers b. False
When deciding whether to implement a business strategy, a manager should first ask whether the
action is ethical.
a. True
b. False correct answers a. True
Maximization of shareholder value, or shareholder primacy, is legally mandated under most state
statutes.
a. True
b. False correct answers b. False
Immanuel Kant's categorical imperative looks to the intended result, as opposed to the form of
action.
a. True
b. False correct answers b. False
If an employee is charged with a crime and his defense for the illegal behavior revolves around
his choice to follow the orders of a superior, it will generally exonerate him from all charges.
a. True
b. False correct answers b. False
Socially responsible businesses place a heavy emphasis on the safety of their products.
a. True
b. False correct answers a. True
A business's ability to establish and maintain a reputation for honesty and integrity is important
to which of the following groups?
a. All of these answers are correct.
b. Current employees
c. Customers
d. Prospective employees correct answers a. All of these answers are correct.
, Which of the following shows a relationship between ethics and the law?
a. A judge may be swayed by the ethical character of a litigant when interpreting the law.
b. All of these answers are correct.
c. Law often reflects a consensus of society's expectations about what constitutes appropriate
behavior.
d. Patterns of unethical behavior tend to result in illegal behavior over time. correct answers b.
All of these answers are correct.
One of the most important ways to create and maintain an ethical workplace is:
a. to insist ethical behavior be exemplified by lower level employees.
b. create a mission statement that includes ethics in it.
c. None of these answers are correct.
d. for top management to demonstrate its commitment to ethical decision making. correct
answers d. for top management to demonstrate its commitment to ethical decision making.
Who generally has the most direct effect on an employee's decisions?
a. The employee's direct supervisor
b. The employee's coworkers
c. The chief executive officer
d. None of these answers are correct. correct answers a. The employee's direct supervisor
Which of the following describes the correct order of factors to consider when determining
whether to implement a business strategy?
a. Legality, environmental impact, profitability
b. Legality, maximization of shareholder value, ethics
c. Ethics, legality, maximization of shareholder value
d. Maximization of shareholder value, majority agreement of upper management, legality correct
answers b. Legality, maximization of shareholder value, ethics
Which of the following describes shareholder primacy?
a. It overrides the notion of a directors' obligation to do what is for the best interest of the
corporation.
b. All of these answers are correct.
c. It is the maximization of shareholder value.
d. It is legally mandated in all circumstances. correct answers c. It is the maximization of
shareholder value.
Which of the following describes teleological theory?
a. It focuses on the motivation and principles of an action.
b. It was espoused by Immanuel Kant.
c. It judges the ethical good of an action by the effect the action has on others.
d. It is less concerned with the consequences of an action. correct answers c. It judges the ethical
good of an action by the effect the action has on others.
Utilitarianism seeks to do which of the following?
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