Exam 5: Ethics, Corporate Social Responsibility, and Sustainability

Societal business ethics are divorced from personal ethics.

________ enables managers to walk away from a decision that is profitable but unethical.

In your opinion, are bribes ever acceptable? Why or why not?

The ________ occurs when a resource held in common by all, but owned by no one, is overused by individuals, resulting in its degradation.

According to the ________, even if a manager of a multinational sees that firms from other nations are not following ethical norms in a host nation, that manager should maintain the standards of the company's home country.

Most moral philosophers see value in utilitarian and Kantian approaches to business ethics.

Josiah was managing a factory in India, and had a decision to make. The factory used child labor, which he disapproved of, but he knew the families of these children might starve without their income. This situation, in which none of the available alternatives seems morally acceptable, is called

Which of the following refers to the values and norms that the employees of an organization share?

The idea that businesspeople should consider the social consequences of economic actions when making business decisions and that there should be a presumption in favor of decisions that have both good economic and social consequences is known as

The Convention on Combating Bribery of Foreign Public Officials in International Business Transactions excludes

The ________ approaches to ethics hold that the moral worth of actions or practices is determined by their consequences.

Discuss the utilitarian approach to business ethics. When was this approach developed? What are its drawbacks?

Which of the following, in a business setting, is taken to mean benevolent behavior that is the responsibility of successful enterprises?

Discuss how companies such as Exxon, Kodak, and IBM helped improve human rights in South Africa.

Facilitating payments are

How can companies strengthen the moral courage of employees?

Companies can strengthen the ________ of employees by committing themselves to not retaliate against employees who complain about unethical actions.

It is in the best interest of prospective employees to find out all they can about the

The utilitarian approach to business ethics suggests that

Identify the incorrect statement about environmental regulations.