Rex tries to make decisions in such a way as to benefit as many people as possible. Sam tries to treat everyone as he would wish to be treated. Rex takes a ______________ approach to decision making, and Sam follows a _______________ approach.
A. Utilitarian; Utilitarian
B. Utilitarian; Deontol...
MGMT 209: Exam 2 Study Questions || ANSWERS
SOLVED 100% CORRECT.
Rex tries to make decisions in such a way as to benefit as many people as possible. Sam tries
to treat everyone as he would wish to be treated. Rex takes a ______________ approach to
decision making, and Sam follows a _______________ approach.
A. Utilitarian; Utilitarian
B. Utilitarian; Deontological
C. Deontological; Utilitarian
D. Deontological; Deontological correct answers B. Utilitarian; Deontological
Reason: doing the greatest good for the greatest number is the goal of utilitarianism.
Following moral rules, such as the Golden Rule, is the hallmark of deontological ethics.
The general standards that constitute the smallest amount of ethical conduct necessary for the
functioning to civilization are referred to as __________________. These standards
__________________ require defense or justification.
A. the moral minimum; do
B. the moral minimum; do not
C. Virtue ethics; do
D. Virtue ethics; do not correct answers B. the moral minimum; do not
Reason: It people do not comply with these standards, they help diminish the social and
economic relationships that cause a society to function effectively. As such, these principles
do not require defense justification
A child says "All my friends are allowed to text as late as they want!" Ger parents reply, "If
everybody else jumped off a cliff, would you jump, too?" The child is forming her belief
about acceptable conduct through a filter of.....
A. Obedience to authority
B. Conformity bias
C. Groupthink
D. Overconfidence bias correct answers B. Conformity bias
Reason: The conformity bias tells us that people tend to take their cues as to proper behavior
in most social contexts from the actions of others.
A recent study found that people who are in the center of social networks, who acts as
brokers of information for others in the network, are more likely to believe that these others
share their moral judgements than are other members of the networks. This finding indicates
that people at the center of social networks are especially susceptible to the phenomenon of:
A. Obedience to authority
B. Conformity bias
C. Groupthink
D. Overconfidence bias correct answers D. Overconfidence bias
, Reason: this effect is the tendency to believe that other people think the same way that we do.
Because of it, honest people often believe that, if they are honest themselves, then others will
be honest as well
Milton Friedman argues that corporations are agents of ______________. He ___________
argue that corporations should be socially responsive.
A. capital; would
B. capital; would not
C. society; would
D. society; would not correct answers B. capital; would not
Reason: Friedman was a leading advocate of the idea that companies do not owe duties to
society, and that corporate leaders should make decision in such a way as maximize
shareholder wealth
The idea of a social contract supports the view that corporations are agents of ____________.
The concept of group dynamics as it applies in corporate settings supports the view that
corporations are agents of ________________.
A. capital; capital
B. capital; society
C. society; capital
D. society; society correct answers D. society; society
Reason: both ideas support an anti-Friedman view that corporations are moral agents and do
owe an obligation to help meet societal needs
According to an example in the module, in the 1990's, leaders at Sears Auto Centers set
aggressive goals that cause many Sears employees to widely overcharge for work and to
perform unnecessary repairs. Other similar examples involved Washington Mutual and Wells
Fargo. The problem at the heart of the companies' troubles was
A. Failure to adopt a code of ethics
B. Improperly structure compensation
C. A lack of effective ethics training
D. None of the above correct answers B. Improperly structure compensation
Reason: Each company put compensation structures in place that incentivized wrongful
behavior by employees
Which of the following tend to increase the chances that employees will act ethically?
A. Hiring ethical people
B. Treating employees well
C. Adopting a code of ethics
D. Conducting effective ethics training
E. All of the above correct answers E. All of the above
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller ProPerfomer. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $11.99. You're not tied to anything after your purchase.
