Question: Question 8 1 Point Immoral managers: Does not focus proactively on ethical issues nor does he or she try to purposely go against the social
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Immoral managers:
Does not focus proactively on ethical issues nor does he or she try to purposely go against the social and legal norms that are expected of the firm by society.
Focus on only their own goals and the goals of the company and consider law requirements as constants or barriers that are ignored when their corporate actions are implemented.
Are considered ethically neutral.
Are those decision makers who understand the importance and relevance of considering ethical issues when they are making decisions.
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Board of director is a corporate governance mechanism to ensure that the BODs do their job of maximizing the return of the investors.
True
False
Clear selection
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Illegal political campaign contribution is considered:
Petty corruption.
Grand corruption.
Influence peddling.
Smuggling.
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What are the benefits of a code of ethics?
Employee loyalty increases, questionable behavior decreases, employee relations improve, customer relationships get more solid, competitive positions improve.
Employee relations decrease, customer relationships get questionable, employee loyalty increases, questionable behavior get blurry.
Employee loyalty decreased, questionable behavior decreases, competitive position decreased, customer relationships get less solid.
None of the above.
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What are the main principles that were addressed by Marlow Declaration?
Importance of community, balanced with the notion that responsibility is always based on the individual.
Developing values enrich all of our lives, and is an obligation placed upon all of us
Business actions, must be based on clear ethical principles, and become a part of custom and practice.
All of the above.
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What do Natural Rights mean?
Rights that are given to or claimed by particular individuals
Rights that are protected by law.
Rights that are universal and unconditional from birth and need not be recognized by ones culture or legal system.
Rights that are prohibited.
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What does Utilitarianism mean?
Utilitarianism considers that an action is right if and only if it produces the grates balance of pleasure over pain for everyone.
Utilitarianism considers that an action is right if and only if it equalizes pleasure and pain for everyone.
Utilitarianism considers that an action is right if and only if it provides justice and right for everyone.
Utilitarianism considers that an action is right if and only if it provides care to whom they are related to us
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What are the three major types of corruption?
Smuggling, petty corruption and grand corruption.
Petty corruption, influence peddling and kidnapping.
Grand corruption, cheating, and lying.
Petty corruption, grand corruption and influence peddling.
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