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BMGT 30 > CHAPTER 7 > Flashcards

CHAPTER 7 Flashcards

1
Q
  • Situation, problem, or opportunity in which an individual must choose among several actions that must be evaluated as morally right or wrong
A

Ethics

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2
Q
  • The moral principles and standards that guide behavior in the world of business.
A

Business Ethics

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3
Q
  • Negotiation
A

Reasons for the Lie

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4
Q

 Keeping a Confidence (That may require at least a lie of omission

A

Reasons for the Lie

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5
Q
  • Short-Term gain and economically positive
A

Results of Lying (negotiation)

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6
Q
  • Harms long-term relationship
A

Results of Lying(negotiation)

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7
Q
  • Must rationalize to oneself
A

Results of Lying(negotiation)

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8
Q

 Maintains relationship with the party for whom confidence is kept

A

Results of Lying(Keeping a Confidence)

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9
Q

 May project deceitfulness to the deceived party

A

Results of Lying(Keeping a Confidence)

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10
Q
  • Supports high-quality, long-term relationship
A

Results of Telling the Truth(negotiation)

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11
Q
  • Develops reputation of integrity
A

Results of Telling the Truth(negotiation)

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12
Q
  • Models behavior to others
A

Results of Telling the Truth(negotiation)

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13
Q

 Violates a trust to the confiding party

A

Results of Telling the Truth(Keeping a Confidence)

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14
Q

 Makes one appear deceitful to all parties in the long run

A

Results of Telling the Truth(Keeping a Confidence)

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15
Q

By general ethical standards
of society

A

Business actions are judged

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16
Q

Not by a set of rules business
people apply to their own
conduct

A

Business actions are judged

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17
Q

Offer inappropriate guidelines for ethical decision making. The Friedman Doctrine – “the social responsibility of business is to increase profits,” so long as the company stays within the rules of law

A

Straw Men

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18
Q
  • Ethics are a reflection of culture_______
  • When in Rome, do as the Romans
A

cultural relativism

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19
Q
  • home-country standards of ethics should be followed in foreign countries
  • Typically associated with managers from developed nations
A

Righteous Moralist

20
Q
  • if a manager of a multinational sees that firms from other nations are not following ethical norms in a host nation, that manager should not either.
A

Naive Moralist

21
Q
  • Actions are desirable if they lead to the best possible balance of good consequences over bad consequences
A

Utilitarianism

22
Q
  • Best decisions are those that produce the greatest good for the greatest number of people
A

Utilitarianism

23
Q
  • Difficult to measure benefits, costs, and risks of an action
A

Utilitarianism

24
Q
  • It fails to consider justice
A

Utilitarianism

25
Q
  • People should be treated as ends and never as purely means to the ends of others
A

Kantian Ethics

26
Q
  • People have dignity and need to be respected
A

Kantian Ethics

27
Q
  • Contemporary moral philosophers view ______ as incomplete
A

Kantian Ethics

28
Q
  • System has no place for moral sentiments such as sympathy or caring
A

Kantian Ethics

29
Q
  • Rights establish a minimum level of morally acceptable behavior
A

Rights Theory

30
Q
  • Moral theorists argue that fundamental human rights form the basis for a moral compass that managers can use in ethical decision making
A

Rights Theory

31
Q
  • Focus on the attainment of a just distribution of economic goods and services
A

Justice Theory

32
Q
  • John Rawls argued that all economic goods and services should be distributed equally except when an unequal distribution would work to everyone’s advantage
     Veil of ignorance
     Difference principle
A

Justice Theory

33
Q
  • Employment practices
A

most common ethical issues in international business

34
Q
  • Human rights
A

most common ethical issues in international business

35
Q
  • Environmental Pollution
A

most common ethical issues in international business

36
Q
  • Corruption
A

most common ethical issues in international business

37
Q
  • Moral obligation of multination corporations
A

most common ethical issues in international business

38
Q
  • Social Culture
A

Roots of Unethical Behavior

39
Q
  • Decision-making Process
A

Roots of Unethical Behavior

40
Q
  • Leadership
A

Roots of Unethical Behavior

41
Q
  • Unrealistic Performance Goals
A

Roots of Unethical Behavior

42
Q
  • Organizational Cultures
A

Roots of Unethical Behavior

43
Q
  • Personal Ethics
A

Roots of Unethical Behavior

44
Q
  • Refrain from promoting individuals who have acted unethically
A
  1. Hire and promote people with a well-grounded sense of personal ethics
45
Q
  • Try to hire only people with strong ethics
A
  1. Hire and promote people with a well-grounded sense of personal ethics
46
Q
  • Prospective employees should find out as much as they can about the ethical climate in an organization prior to taking a position
A
  1. Hire and promote people with a well-grounded sense of personal ethics

BMGT 30 (4 decks)

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