Exam 2: The Role of Ethics in Decision Making

Which of the following statements is true of the effect of the group on ethics in a corporate organization?

To succeed in international operations,businesses must be sensitive to differences in moral values.

Plato wrote that immoral behavior often flows from _____.

The _____,proposed by Kant,says that a person has a moral duty to act in the way he or she believes everyone should act.

Which of the following statements is true of the sharing of moral values?

Coupled with an overemphasis on profit,the group effect increases the difficulty of achieving an ethical business corporation.

For a consequentialist,the __________.

In which of the following situations is there a conflict of interest?

Which of the following statements is true of consequentialism?

Explain the control of resources by nonowners and how it affects ethical corporate behavior.

Ambrose Bierce posited that individuals in large groups such as corporations feel more responsibility for what happens in the group than they do for what happens in their individual lives.

What questions should one ask himself or herself to explore his or her ethical values before making a personal or business decision?

The legal requirement of honoring confidences contains both formalist and consequentialist ethical values.

Peter is an 84-year-old with a heart condition.He has no family and has minimal health insurance.He is on a fixed income and barely has enough money to survive.His doctor tells him that he needs to take a particular medicine for three months or his condition will severely worsen.The medicine will cost $450,and only $150 of the cost is covered by insurance.Peter goes to the bank and hands the teller a note saying,"Give me $300,or I will detonate a bomb." When Peter is later apprehended,he tells the police that he stole the money to buy needed medicine.Understanding that bank robbery is a crime,is there an ethical theory that can serve to justify Peter's actions?

According to the Ethical Norms and Values for Marketers from the American Marketing Association,which of the following ethical values states that a marketer should accept the consequences of the marketing decisions and strategies taken by him or her?

For the formalist thinker Immanuel Kant,to be ethical requires that people act with a good intent.To have a good intent,people have to act in ways that are ethically consistent.This emphasis on consistency Kant called the _____.

Which of the following statements is true of ethical systems?

According to the Ethical Norms and Values for Marketers from the American Marketing Association,which of the following ethical values requires marketers to try to balance justly the needs of a buyer with the interests of a seller?

Increasing economic interdependence prevents executives and managers at a firm from manipulating corporate actions for their own benefit.

The Wealth of Nations was written by _____.