Business Law

Choice e choice that best completes the statement or answers the question. Chuckie, president of DrinkUp Fresh Beverages, Inc., does not apply utilitrianism to business ethical isues. One problem with utilitarianism is that it requires complex cost-benefit analyses of simple situations a. b. tends to justify human costs that many find unacceptable. c. gives business profits priority over production costs d. ignores the practical costs of a given set of circumstances. Halley, a lawyer on the staff of International Group, applies the utilitarian theory of ethics in business contex Utilitarianism focuses on a. religious beliefs b. the nature of an action. c the consequences of an action d. moral values. To assist in detecting illegal bribes, Cut Rite Contractors, Inc., and all U.S. companies, must a. make bribes through third parties rather than directly to officials. b. keep records that "accurately and fairly" reflect financial activities c. conceal financial records that reveal past bribes. d. permit payments to foreign officials that are unlawful in that country. ts In making business decisions, Glenda, personnel manager for HVAC Maintenance, Inc, applies his belief that all persons have fundamental rights. This is a. the categorical imperative b. the principle of rights. c. utilitarianism. d. a religious rule. Spencer Hydraulics Corporation's ethics committee is asked a business ethics question-should the firm bid low to obtain a contract that it knows it can fulfill only at a higher price? A practical method to investigate and solve this question involves all of the following steps except a. inquiry. b. absolution. c. justification. d. decision. Bilt-Well Construction Corporation makes a side payment to a government official in Nigeria to obtain a contract. In the United States, this is a. legal and ethical. b. unethical but not illegal. c. illegal but not unethical. d. illegal and unethical. John is sales manager for Kleen 'N Brite Products, Inc. Compared to John's personal activities, his business activities most likely involve a. no ethical issues. b. more complex ethical issues. c. the same ethical issues. d. simpler ethical issues