Exam 5: Business Ethics

Comfort Foods Corporation makes and markets its products nationwide.To be considered socially responsible when making a business decision,Comfort Foods must take into account the needs of

Company codes are not law.

In studying the business law,students also review ethics in a business context.Ethics includes the study of what constitutes

Unless a corporation violates a law,its actions do not raise questions about the role of corporations and the effect of corporate ethics on profit.

Lowell runs Medical Debt Collection Agency.He collects debts by misrepresenting the facts and pretending to be licensed to perform various occupations.Lowell's conduct most likely warrants

Managers must apply the same standards to themselves as they do to the company's employees.

Ross,a research manager for Stock & Bond Investments,Inc.,adheres to utilitarian ethics.Ross will determine that an action is morally correct when it produces the greatest good for

Under the principle of rights theory,one person's principles are as "right" as another's.

Ethics is as well defined as the law.

The study of business ethics is concerned with the purposes of a business and how that business achieves those purposes.

In making business decisions,Ridgeline Utility Service Company and other corporations should strive to be "good citizens" by evaluating

Compared to business ethics,employee ethics is not an important issue.

Discount Mart Corporation contracts with companies in developing nations to produce goods,because the wage rates in those nations are significantly lower than those in the United States.Discount Mart takes steps to avoid bad publicity by monitoring its suppliers' workplaces to make sure that the employees are not mistreated.Discount Mart is

Desdemona works for eInnovation,Inc.Her job includes putting "spin" on the firm's successes and failures.In this context,ethics has to do with how businesspersons,in making their decisions,apply

Brewster,the chief executive officer of Cog & Gear Lubricants Corporation,wants to ensure that Cog & Gear's activities are legal and ethical.The best course for Brewster and Cog & Gear is to act

Originally,the only goal or duty of a corporation was to maximize profits.

According to utilitarianism,it does not matter how many people suffer a negative effect from an act.

Situations in which employers face ethical issues with respect to social media platforms include

Ronelle,the human resources director for Small Business Solutions,Inc.,attempts to comply with the law in dealing with applicants and employees.One of the challenges Ronelle faces is that the legality of an action is

Given today's global communications network,most companies can assume that their actions in other nations will go unnoticed.