BUL 4421-001 Ethics Test Questions + Answers Graded A+
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Course
BUL 4421-001 Ethics
Institution
BUL 4421-001 Ethics
Religious Ethical Standards - ️️rightness or wrongness of an action is usually
judged according to its conformity to an absolute rule that commands a particular form
of behavior
Kantian Ethics - ️️rightness or wrongness of an action is judged by estimating the
consequences that would fo...
BUL 4421-001 Ethics Test
Religious Ethical Standards - ✔️✔️rightness or wrongness of an action is usually
judged according to its conformity to an absolute rule that commands a particular form
of behavior
Kantian Ethics - ✔️✔️rightness or wrongness of an action is judged by estimating the
consequences that would follow if everyone in society performed the act under
consideration
.
Business Ethics - ✔️✔️directors and officers owe a complex set of duties to all of their
stakeholders
civil liability - ✔️✔️initiated by harmed individuals or administrative agencies such as
SEC
Criminal Culpability - ✔️✔️initiated by law enforcement and/or prosecutes
professional liability - ✔️✔️loss of license to practice certain profession
Ethics - ✔️✔️the study of right and wrong behavior; knowing whether the action is fair,
right, and just
Principle Rights - ✔️✔️in deciding whether an action is ethical, one should consider
what consequences their actions would have on fundamental rights of others
Corporate Social Responsibility - ✔️✔️the theory that those who manage corporations
should be accountable to society for their actions
stakeholder approach - ✔️✔️corporations have a duty not only to shareholders but to
other groups (stakeholders) affected by corporate actions
corporate citizenship approach - ✔️✔️organization should promote goals that society
considers worthwhile and take positive steps towards solving problems
foreign corrupt practices act (1977) - ✔️✔️penalizes US Companies paying bribes to
foreign government officials in order to gain stategic concessions
penalties of the foreign corrupt practices act - ✔️✔️$2 million fine for company,
$100,00 fine for individuals and up to 5 years in prison
Utilitarianism - ✔️✔️an action is ethical based n whether is produced the greatest good
for the greatest number of people upon which it has an effect
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