Exam 5: Ethics, corporate Social Responsibility, and Sustainability

Companies can strengthen the moral courage of employees by committing themselves to not retaliate against employees who exercise moral courage.

According to Rawls,inequalities are unjust even if the system that produces inequalities is to the advantage of everyone.

What are business ethics? What is the relationship between business ethics and an ethical strategy?

A situation in which none of the available alternatives seems morally acceptable is called:

According to John Rawl's difference principle,:

Ethical dilemmas exist because many real-world decisions involve first-,second-,and third- order consequences that are hard to quantify.

Rawls' philosophy that inequalities are justified if they benefit the position of the least-advantaged person is known as the:

Which of the following enables managers to walk away from a decision that is profitable,but unethical?

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

Discuss the notion of social responsibility.What does it mean for corporations?

According to the _____ approach,the best decisions are those that produce the greatest good for the greatest number of people.

Societal business ethics are divorced from personal ethics.

The Sullivan principles mandated that GM could operate in South Africa as long as the company complied with the apartheid laws.

What is considered normal practice in one country may be considered unethical in others.Discuss.

The Friedman doctrine is the belief that ethics are nothing more than a reflection of culture and therefore,a firm should adopt the ethics of the culture in which it is operating.

The products of Carmen Stores,an international sports apparel chain,are manufactured in sweat factories in China.According to the company president,using sweatshop labor offers a means of livelihood to children and young adults,as well as supplies good quality apparel to customers at a lower cost.She asserts that the actions of the company are justified because it results in the benefit of the maximum number of people.The company president's argument is based on which of the following ethical viewpoints?

Building an organization culture that places a high value on ethical behavior requires incentive and reward systems.

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

Facilitating payments are also known as speed money or grease payments.

What is considered normal business practice in one country may be considered unethical in other countries.