Business Ethics Quiz Assignment

Business Ethics Quiz Assignment Words: 466

Most people don’t distinguish between a person’s “morals” and his or her bad, human conduct in a business context. TRUE 15. 16. “Etiquette” designates a special realm of morality. There are four basic kinds of law: statutes, regulations, common law, and constitutional law. 17. In theory and practice, law codifies customs, ideals, beliefs, and a society’s moral values. TRUE 18. According to divine command theory, if something is wrong, then the only reason it is wrong is that God commands us not to do it. TRUE 19. Our conscience evolved as we internalized the moral instructions of the arenas or other authority figures who raised us as children.

TRUE 20. In a broad sense morality is the moral code of an individual or of a society (insofar as the moral codes of the individuals making up that society overlap). FALSE NO. 2 – MR. 452 1 When addressing an ethical dilemma, the second step is to identify the problem. 2 A morally wrong act can usually be simply and specifically defined. 3 Utilitarianism argues doing the most good for the most parties in any given situation. TRUE 4 A person’s legal right and principle of duty have no connection too moral right. 5 Logical presentation of facts is a basis for moral reasoning.

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Altruists are concerned primarily with other people’s welfare. 7 Individualists are driven by natural reasoning, personal survival, and preservation. 8 Progressivism and ethical idealism are two social responsibility modes in the stakeholder model. TRUE 10 Stage 6 in Kohlrabies moral development is universal ethical principles. QUIZ 3 1 The stakeholder management approach is based on a related instrumental theory that argues “a subset of ethical principles (trust, trustworthiness, and cooperativeness) can result in significant competitive advantage. ” 2 Stakeholders are specifically named groups with specialized interests in a many.

FALSE 3 A stake is any interest, share, or claim, that a group or individual has in the outcome of a corporation’s policies, procedures, or actions toward others. 4 When dealing with a marginal stakeholder, the best strategy is to collaborate. 5 A stakeholder analysis only applies more to internal events a company is facing. 6 Part of a stakeholders political power is their ability to influence the decision- making process of a company. 7 Cross-departmental cooperation is generally essential to effectively deal with a crisis. 8 Organizations are required by law to be morally responsible to their stakeholders.

The Six-Step Issues Management Process is a basic approach for proactively mapping, straightening, and responding to issues that affect an organization. 10 The Seven-phase Issue-Development Process can take seven years to move from the first to the last phase. FALSE 1 . “Corporate Social Responsibility’ involves an organization’s duty and obligation to respond to its stakeholders’ and stockholders’ economical, legal, ethical, and philanthropic concerns and issues. TRUE 2. In a free-market society the market is always perfect. Drugs in interstate commerce.

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