Exam 42: Ethics and Social Responsibility of Business

Which of the following cases describes an agreement of ethics and laws?

If Steve Templeton decides to close the plant in Kantron,what important business social responsibility will Steve Templeton accomplish?

Consistency and ________ are the two principles of Kantian ethics that state that a person must abide by the rule he or she uses to judge the morality of someone else's conduct.

Utilitarianism directs an individual to choose the action that provides the greatest good for the greatest number of people.

Kantian ethics is also known as duty ethics.

Which of the following is a "corporate citizenship" as a social responsibility theory in business?

If Steve Templeton decides to not close the plant in Kantron,what business social responsibility will Steve Templeton be achieving?

Which of the following is a way of establishing ethical rules in Rawls's social justice theory?

Which of the following moral theories lays emphasis on morality based on one's moral duties?

According to ethical relativism,________.

Kantian ethics is based on the premise that people can use reasoning to reach ethical decisions.

Relativism is one of the principles of Kantian ethics that states that the actor must abide by the rule he or she uses to judge the morality of someone else's conduct.

________ is a moral theory which asserts that fairness is the essence of justice.

Which of the following is a perceived disadvantage of Kantian ethics?

A corporation that pollutes a body of water has not met its moral minimum duty of social responsibility even if the business later compensates those whom the pollution has injured.

Conch Corporation,a global oil and gas company,has plans to build a subsidized postsecondary vocational school in the town of Cristen,where one of its offices is situated.The plan was put to vote and approved despite some objections from shareholders.The school is being built in collaboration with the local government.The objective is to help the youth of the neighborhood,especially school dropouts,learn vocational skills.What social responsibility theory describes Conch Corporation's initiative to build the school?

One of the advantages of utilitarianism is that it is easy to apply in most real-life situations.

What is ethical relativism?

According to Rawls's social justice theory,a person who is in a state of "veil of ignorance" is best fit to select the fairest possible ethical principles.

The ________ Act,enacted by Congress in 2002,requires public companies to adopt codes of ethics and establishes criminal penalties for companies that partake in violations.