Exam 5: Ethics and Business Decision Making

A common ethical dilemma faced by the management of Variety Business Corporation involves the effect that its decision will have on

Lia works for Media Marketing Company. Her job includes putting "spin" on the firm's successes and failures. In this context, ethics consist of

Some consumers misuse the products of Hardware Supplies, Inc., and are injured. In terms of responsibility, Hardware may have

Establishing which duties take priority over others determines a firm's views on corporate social responsibility.

Energy Research Corporation asks its employees to consider ethical be?hav?ior from a "categorical imperative" perspective. This approach

Superior Corporation engages in ethical behavior solely for the purpose of get?ting good publicity and thereby increasing profits. Superior is

Simply obeying the law does not fulfill all ethical obligations.

Manufactured Goods, Inc., asks its employees, many of whom are mem?bers of the National Machinists Union, to apply the utilitarian theory of ethics. This theory does not require

Corporate ethical policies and programs must be integrated throughout the firm to be effective.

Ethical codes of conduct can set the ethi?cal tone of a firm.

In the interest of preserving personal freedom, the law codifies all ethical requirements.

Rob, the owner of Super Stores, Inc., adheres to the "principle of rights" theory. Under this theory, a key factor in determining whether a busi?ness decision is ethical is how that decision affects

Dion, an accountant for Engineering Associates, Inc., attempts to apply the duty approach to ethical reasoning in conflicts that occur on the job. This ap?proach is based on the idea that a person must

Equity Capital Corporation provides other firms with funds to expand op?erations. Questions of what is ethical involve the extent to which Equity has

Import-Export Sales, Inc., like other businesses, has duties pre?scribed by

Nora's best criticism of utilitari?anism is that it

The roles that women play in some foreign countries may present some difficult ethical problems for firms doing business internationally.

Bob, research manager for Corn Products, Inc., ap?plies utilitarian ethics to determine that an action is morally cor?rect when it produces

Eagle Manufacturing Corporation could demonstrate a commitment to ethical behavior by

In deciding questions of corporate social responsibility, Mega Deals, Inc., is concerned with