Exam 5: Ethics, Corporate Social Responsibility, and Sustainability

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Often, the code of ethics draws heavily upon documents such as the _____, which itself is grounded in Kantian and rights-based theories of moral philosophy.

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B

Which of the following was designed to allow GM to operate ethically in South Africa as long as the company did not obey the apartheid laws in its own South African operations?

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A

The Foreign Corrupt Practices Act originally allowed "facilitating payments" to secure contracts that would not otherwise be secured.

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False

_____ arguments suggest that improving working conditions beyond the level required by the law and necessary to maximize employee productivity will reduce profits and are therefore not appropriate.

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The _____ outlawed the paying of bribes to foreign government officials to gain business.

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

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What is the term for a company's formal statement of the ethical priorities it expects all of its employees to follow?

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To establish moral intent, managers need to stand in the shoes of a stakeholder and ask how a proposed decision might impact that stakeholder.

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

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Why do organizations appoint an ethics officer?

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

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

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

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Expatriate managers may experience more than the usual degree of pressure to violate their personal ethics because of which of the following?

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Which of the following ethical theories explicitly rejects the idea that businesses should undertake social expenditures beyond those mandated by the law and required for the efficient running of a business?

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

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Identify the correct statement about the rights theories.

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

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Under the veil of ignorance, everyone is imagined to be ignorant of:

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Employees in a business often take their cue from _____.

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