Exam 7: Business Ethics

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The study of good and evil,right and wrong,and just and unjust actions in business is called:

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Which idea reflects the central purpose of ethics,which is to bind individuals into a cooperative social whole?

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What are the factors that influence managerial ethics? Why is the example of company leaders considered perhaps the strongest influence on integrity in a corporate culture?

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The belief that business should be conducted without reference to the full range of ethical standards,restraints,and ideals in society is known as business ethics.

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A court awards punitive damages to a plaintiff only if malicious and willful misconduct by a company was established.

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A critical function of managers is to create strong competitive strategies that enable a company to meet its strategic objectives even if it means encouraging ethical compromise.

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According to the theory of moral unity,there are two different standards for ethics: one for society in general and another one for business.

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Visible behaviors like patterns of interaction come under which of the following corporate culture levels?

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The idea that there are no common ethical values but that each culture determines these values is a basic tenet in:

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A(n)_____ approach teaches employees to meet legal and regulatory requirements and emphasizes following rules.

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Which of the following believed that both good and evil were a natural part of human nature?

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Identify the correct statement about deferred prosecution agreements (DPAs).

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The basic purpose of the study of ethics is to have individuals in society act cooperatively as a social whole.

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Discuss the criminal prosecution of managers and corporations.How do they differ?

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Most U.S.companies have a written code of ethical conduct.

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A person hired by a corporation to oversee fulfillment of conditions in an agreement to avoid criminal indictment is called a:

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When a civil court requires payments by a company that are in excess of actual losses to injured parties,these payments are called:

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Explain the basic ideas in the philosophy of utilitarianism.

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All variations of ethical principle should conform to which of the following?

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The idea that ethical rules are "transcultural" because the same ethical rules apply to all cultures is a fundamental tenet in:

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