Exam 4: Business Ethics, Corporate Social Responsibility, Corporate Governance, and Critical Thinking

Which of the following is also called the slippery slope fallacy?

Rawls's justice theory focuses on outcomes.

An "argumentum ad populum" used in an argument is a wrong conclusion:

Which of the following ethical theories emphasizes that certain human rights are fundamental and must be respected by other humans?

A justice theorist would choose the alternative that allocates society's benefits and burden most fairly.

The Sarbanes-Oxley Act requires public companies to have board audit committees comprising only independent directors.

Rights theory concerns itself with the costs and benefits of requiring respect for another's rights.

"Your decision will be better for your firm and other stakeholders if you consider your selfish interest." Considering that this statement is true,which of the following prescribed guidelines for ethical decision making should you focus on?

Explain the difference between shareholder theory and utilitarianism.

A teleological theory may find unacceptable that any competent employee loses his job,even if the layoff's effect is to reduce prices to consumers and increase profits.