Exam 4: Practical Ethical Decision Making

The following approach does not specifically incorporate a thorough review of the motivation for the decisions involved, or the virtues or character traits expected:

These are character traits that dispose a person to act ethically and thereby make that person a morally good human being.

Frequently, decision makers are subject to unreasonable expectations and unrealistic deadlines; this is an example of:

Completing steps in the following order provides a sound basis for challenging a proposed decision.

Failure to identify all relevant stakeholder groups for a proper stakeholder impact analysis may be the result of:

What is the most common measure of shareholder well-being?

Which of the following is not a stakeholder right?

This approach incorporates the expected future impacts of a decision into the analysis.

A lack of awareness of the following problem results in executives not attributing enough value to the use of an environmental resource.

The following four standards make up the modified moral standards approach.

Which of the following is not an example of a common ethical decision-making pitfall?

The modified Pastin approach adds the following concepts to stakeholder impact analysis.

These values are the combinations of a value and the probability of its occurrence.

The first resource for guidance when a businessperson or a professional accountant faces an ethical problem should be:

These costs can be measured indirectly by using costs incurred in similar circumstances or mirror-image alternatives.

From a stakeholder point of view, which of the following must be satisfied for a decision to be considered ethical?

The costs of environmental cleanups absorbed by downstream individuals, companies, or municipalities are referred to as:

The AACSB Ethics Education Task Force has called for business students to be familiar with the following approaches to ethical decision making.

Which of the following is not one of the 5 questions in Graham Tucker's original approach to ethical decision making?

If a decision is expected to be unfair to a particular stakeholder group, the decision may be improved by: