FiltersDone

Question type

Essay

Multiple Choice

Short Answer

True False

Matching

Exam 4: Ethics and Corporate Responsibility

Show Answer

Share

---

All types

Filters

Study FlashcardsPractice ExamLearn

Question 21

Multiple Choice

Review LaterAdd Note

Review Later

Which of the following goals of a transcendent education is described as viewing success not merely as personal gain, but a common victory?

A) Empathy
B) Generativity
C) Mutuality
D) Civil aspiration
E) Intolerance of ineffective humanity

F) D) and E)
G) A) and B)

Correct Answer

verified

Show Answer

Question 22

Multiple Choice

Review LaterAdd Note

Review Later

Donna prefers gymnastics to music. However, she agrees to attend music lessons because her parents want her to become a musician. According to Kohlberg's model of cognitive moral development, she resides in the _____ stage.

A) preconventional
B) universal
C) conventional
D) principled
E) utilitarian

F) B) and E)
G) D) and E)

Correct Answer

verified

Show Answer

Question 23

Multiple Choice

Review LaterAdd Note

The _____ responsibilities of business are to produce goods and service that society wants at a price that perpetuates the business and satisfies its obligations to investors.

An ethical leader is one who is both a moral person and a moral manager influencing others to behave ethically.

Scenario D. Use the information given below to answer the following three questions: Two executives, Walker and Kimberley, are discussing possible options to improve profitability for their toy company, Rankin Toys. Shareholders have been unhappy with the recent decline in earnings, and stock prices have fallen sharply. Walker advocates moving toy production offshore to dramatically lower costs. He has obtained some samples made at a foreign location, but he is worried that the toys may not meet U.S. standards for lead content. Kimberley is concerned about their offshore partner's history of using child labor. She is worried about angry parent groups getting involved in these issues. -In the context of the four levels of corporate social responsibility, the shareholders' concerns would best be described as the _____ of Rankin Toys.

The _____ of an organization refers to the processes by which decisions are evaluated and made on the basis of right and wrong.

The economic responsibilities of business include satisfying its obligations to investors.

A company can easily avoid environmental issues since the creation and distribution of wealth generates very few by-products.

In the context of business ethics and the law, which of the following statements is true regarding the Sarbanes-Oxley Act?

John Rawls, a philosopher, maintained that only a person ignorant of his or her own identity can make a truly ethical decision. This thought experiment is based on:

An integrity-based ethics program is designed to instill in people a personal responsibility for ethical behavior.

According to Kohlberg's model of cognitive moral development, people in the _____ stage make decisions based on concrete rewards and punishments and immediate self-interest.

Economic growth and development that meet an organization's present needs without harming the ability of future generations to meet their needs is known as:

Scenario B. Use the information given below to answer the following three questions: A sales manager is facing an ethical situation wherein his toy company sold a scooter with a defective component. If he informs the customer and issues a recall, it would cost him a substantial amount of money. If the toy malfunctions, it could cause serious injury to the child playing with it. His colleagues have suggested three options: Option 1: Keeping quiet about the defect Option 2: Reviewing company policy, toy industry practices, and advice from colleagues Option 3: Disclosing the defect and suggesting alternatives to eliminate the risk of injury AACSB: Reflective Thinking Blooms: Apply Topic: Five Perspectives Shape Your Ethics -Which ethical approach is illustrated by option 2?

When faced with an ethical issue in business, people rely on the laws enacted by the Congress to decide what is right or wrong.

Caring, being honest, showing loyalty, being fair, and acting with integrity are all examples of:

All About U (AAU) Salon believes in and engages in meeting societal expectations whether or not written as law, and voluntarily uses earth-friendly products. AAU can be described as operating at which level of the pyramid of corporate social responsibility?

In the context of business ethics, describe Kohlberg's model of cognitive moral development.

Paper Depot, a stationery company, gives a portion of its profits from school supplies to the customer's designated school. This donation to a community organization is an example of:

In the context of making ethical decisions, the strength and persistence to act in accordance with one's ethics despite the challenges is known as: