Exam 42: Ethics and Social Responsibility of Business

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

If an action would increase the good of twenty-five people by one unit each and an alternative action would increase the good of one person by twenty-six units,then,according to utilitarianism,the latter action should be taken.

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.

Which of the following moral theories will help an anthropologist study ancient societies with an impartial and unprejudiced mindset,especially when it relates to comparing ethics and customs followed by ancient societies to those being followed by present societies?

________ is a set of moral principles or values that governs the conduct of an individual or a group.

The main criticism for ethical fundamentalism is that it does not allow people to decide what is right or wrong for themselves.

Which of the following is an apparent disadvantage of utilitarianism?

The traditional view of social responsibility of business emphasized maximizing profits for employees rather than for shareholders.

Ethics refers to a set of principles laid down by the society which an individual is expected to follow.

Jules Renton,a financial accountant at Valkyrie Aviations,deals with the accounts Valkyrie has with the government.Valkyrie Aviations is in contract with the government to deliver a new bomber plane called Spearhead.While reviewing the Spearhead account,Renton noticed that Valkyrie has been falsely billing the government for Spearhead's production.If Renton chooses to be a whistleblower and expose the scam to the government,what statute enacted by the Congress must he invoke?

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

The theory of stakeholder interest compels a corporation to consider the effects of its actions specifically on shareholders.

How are ethical rules established in Kantian ethics?

According to ethical relativism,an action that is usually thought to be unethical would not be considered unethical if the perpetrator thought it was ethical.

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

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 usual supplier was not available.Portman then decided to go to another supplier who had a higher selling price rather than cancel 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?

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

Give an account of the social responsibility of businesses and list its four main theories.

What is theory of moral minimum in social responsibility for businesses?

Kantian ethics is also referred to as ________ ethics.