Exam 2: Business Ethics and Corporate Social Responsibility

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Life Principles are set by your parents and do not change over time.

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Dahlia is in the process of developing her set of Life Principles.She asks you for your advice.Which of the following statements will you tell Dahlia is important for her to follow when developing her Life Principles?

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Researchers who study happiness find that good health,companionship,and enjoyable leisure activities all contribute more to happiness than money does.

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When evaluating the right decision,deontological ethics bases its value on the

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A recent study found that more creative people tend to be less ethical.Why is this so?

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Theo believes that everyone must develop his or her own ethical rules.So whereas he believes that gay marriage should be legal,he understands that other people might feel differently.Theo would be considered to be a(n)_______ relativist.

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Outline the beliefs of the various theories of ethics.

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What are the two types of moral relativism noted in your text?

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What is ethics?

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Jamal was recently hired as a sales representative for a pharmaceutical company.He notices that all the other sales reps "pad" their expense accounts by claiming meals with clients that never took place and then pocket the extra money.Jamal figures that since everyone else is cheating on their expense accounts,he might as well do the same.What ethics trap is Jamal falling into?

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John Johnson is a customer of company ABC.As such,John is a(n)

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Which of the following statements best exemplifies how society as a whole benefits from ethical behavior?

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Your co-worker,Bill,comes into the office and tells you that he is going to play "hooky" and go golfing believing that the boss will think he is out calling on clients.When your boss comes in,he asks you where Bill is and you reply "I saw him in the office earlier this morning,but I haven't seen him lately." What would Kant call this misleading statement?

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John Akers,former chairman of IBM,argued that ethics are not important to economic competitiveness.

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Ethical behavior always pays off financially for businesses.

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Haley is an accountant for a large hospital network.She knows that she could easily "skim" money from the organization to keep for herself and chances are shewould not get caught.However,she keeps thinking about what would happen to her and her family if her actions went viral and appeared all over the Internet or in her local newspaper.What ethics test is Haley considering?

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Society is hurt when business managers behave ethically.

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_______ is the belief that some acts are always right or always wrong,whereas ______ is the belief that a decision may be right even if it is not in keeping with our own ethical standards.?

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According to Michael Porter,a company should not undertake a corporate social responsibility project unless

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When Shoes International went out of business after some serious and unethical accounting errors,its accounting company also closed its doors.123Jump,a French company,was concerned that the unethical behaviors that occurred were an American problem,so it cancelled its business with another American accounting company and used a French one instead.Who was harmed by Shoes International's unethical behavior?

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