Exam 2: Ethics and Social Responsibility of Business

A social responsibility theory of business according to which a corporation's duty is to make a profit while avoiding causing harm to others is referred to as ________.

What does "corporate citizenship" as a social responsibility theory in business imply?

Consistency is one of the two important principles of ________ upon which its universal laws are based.

Section 406 of the Sarbanes-Oxley Act requires a public company to disclose whether it has adopted a code of ethics for senior financial officers.

Kant believed that people owe moral duties that are based on universal rules.

What does "maximizing profits" as a social responsibility theory in business imply?

A government or political party that strictly derives its ethics and laws from a specific religious book is an example of ________.

Explain the two principles on which the universal rules of Kantian ethics are based.

From which of the following theories of morality is Rawls's social justice theory fundamentally derived?

How are ethical rules established in Kantian ethics?

According to ethical relativism,________.

According to Rawls's social justice theory,________ is considered the essence of justice.

________ is an ethical theory according to which a person adheres to rules or commands that are from an outside source,such as a book or a central figure.

The corporate citizenship theory contends that corporations have to promote the same social goals as individual members of the society.

Under the False Claims Act,a whistleblower can be awarded up to 25 percent of the amount recovered on behalf of the federal government,even if the informer has been a co-conspirator in perpetrating the fraud.

Kantian ethics is also known as duty ethics.

________ is a moral theory according to which people owe moral duties that are based on universal rules.

The legislative and judicial branches of government have established laws that enforce the ________ of social responsibility for corporations.

The False Claims Act permits private parties to sue the government on behalf of a corporation.

Portman,who runs a computer hardware store,had signed a contract with Stewie Inc.to deliver 125 computer monitors.He was to deliver it by the 5th of August,but by the 3rd of August,Portman could not arrange for the monitors,as his regular supplier was not available.He then decided to go to another supplier who had a higher selling price for monitors rather than cancelling the contract with Stewie Inc. ,as he believed it was his duty to do so.Which of the following moral theories matches Portman's behavior?