Module 4 Flashcards
The accepted principles of right and wrong that guide a person’s decisions are called _____.
ethics
attitudes
beliefs
contexts
ethics
The Foreign Corrupt Practices Act was amended to include _____ because some U.S. businesses complained the act would put U.S. firms at a competitive disadvantage.
agriculture production
facilitating payments
services
technological innovation
facilitating payments
The Plume and Fabric manufacturing company abides by a strict code of providing the best in equipment, lighting, and overall working conditions for its 350 employees who create costumes for Broadway shows. While the company could save money by hiring less-skilled or underage labor to do the job, it knows that decision is not acceptable. This scenario demonstrates how a(n) _____ plays a role in the company’s decisions.
mission statement
vision statement
ethical strategy
marketing plan
ethical strategy
The generally accepted principles and values that govern interactions between individuals are called
Multiple choice question.
social responsibilities.
straw men.
facilitating payments.
personal ethics.
personal ethics.
Which congressional act outlaws the payment of bribes to foreign government officials to gain businesses?
Multiple choice question.
Corruption of Foreign Public Officials Act
Foreign Money Laundering Control Act
Prevention of Foreign Corruption Act
Foreign Corrupt Practices Act
Foreign Corrupt Practices Act
The managers of Simple Sound Manufacturing are struggling to meet their quota that was recently increased by upper management. They decide to eliminate two quality control steps in the manufacturing process. This is unethical behavior that was a result of
Multiple choice question.
unrealistic performance goals.
fraudulent accounting practices.
following a strict codes of ethics.
the need to establish high quality standards.
unrealistic performance goals.
What are four determinants of ethical behavior?
Multiple select question.
Social behavior law
Personal ethics
Organizational culture
Humanism
Societal culture
Leadership
Personal ethics
Organizational culture
Societal culture
Leadership
Scandinavia scores high on the individualism and uncertainty avoidance measures of societal culture. According to Hofstede’s dimensions of societal culture, Scandinavia is more likely to engage in Blank______ business behavior than, for example, Russia.
individualistic
unethical
avoidance
ethical
ethical
When making ethical decisions, ______ factors are stressed in Japan, while ______ factors are more important in the United States.
Multiple choice question.
opportunity; individual or personal
individual or personal; opportunity
organizational; opportunity
organizational; individual or personal
organizational; individual or personal
The straw men theory that states that businesses should behave in a socially responsible manner, according to ethical custom and without deception and fraud is the _______.
Multiple choice question.
Monroe Doctrine
Greenspan Doctrine
Yellen Doctrine
Friedman Doctrine
Friedman Doctrine
A company’s organizational _____ reflects the values and norms that are shared among employees of an organization.
Multiple choice question.
culture
vision
endowment
hierarchy
culture
Which ethical theory emphasizes that the best actions are those that benefit the most number of people and harm the least number of people?
Multiple choice question.
Protestantism
Evangelism
Kantian
Utilitarianism
Utilitarianism
Certain theories accept that there are rights, both positive and negative, that all humans have simply because they are human. These are called ______ theories.
utilitarian
Friedman
Kantian
rights
rights
The Hewlett-Packard example discussed in this chapter suggests that one cause of unethical behavior in a company can stem from _____.
Multiple choice question.
culture
broad performance goals
government demand
leadership
leadership
The fair and equitable dissemination of economic goods and services is the focus of a(n) _____ distribution.
Multiple choice question.
loaded
just
equivalent
biased
just
Which two of Hofstede’s dimensions are present in countries where ethical practices are commonly practiced?
Multiple select question.
High in individualism
High in uncertainty avoidance
High in masculinity
High in power distance
High in individualism
High in uncertainty avoidance
According to the Friedman Doctrine, what is the only social responsibility a company has as long as it stays within the rules of law?
Multiple choice question.
Delivering goods
Increasing profits
Fostering employment
Protecting humanity
Increasing profits
______ ethics measure actions on a cost-benefit scale.
Multiple choice question.
Rights theories
Utilitarian
Assimilation
Justice
Utilitarian
An organization’s code of ethics may be partially based on documents such as the United Nations Universal Declaration of_____________ ____________
Human Rights
The _________________________
theories recognize that there are things we CANNOT do against individuals because they have certain moral, fundamental rights.
rights
A(n) _____________________distribution is one that is considered fair and equitable.
just
Some ethics experts have proposed practical guides or ethical ______ to make ethical decisions in a systematic way.
Multiple choice question.
etiquette
modus operandi
patterns
algorithms
algorithms
According to the text, which three actions can managers take to ensure that ethical issues are considered in business decision making?
Multiple select question.
Favor hiring and promoting of people with a sense of personal ethics.
Implement decision-making processes that consider ethical aspects of business decisions.
Invest in international businesses that promote advocacy.
Build an organizational culture that values ethical behavior.
Develop solid accounting and auditing practices.
Favor hiring and promoting of people with a sense of personal ethics.
Implement decision-making processes that consider ethical aspects of business decisions.
Build an organizational culture that values ethical behavior.
Many companies develop a formal statement of primary values and ethical standards for employees and managers to follow. This is called a
Multiple choice question.
code of conduct.
code of ethics.
code of grievances.
code of honor.
code of ethics.
Which two theories provide the moral compass that is important when thinking through the ethical implications of decisions in a systematic way?
Multiple select question.
The Friedman Doctrine
Rawl’s theory of justice
Straw men theories
Rights theories
Rawl’s theory of justice
Rights theories
