Lernkarten

Julia Rawyler
Karten 246 Karten
Lernende 5 Lernende
Sprache English
Stufe Universität
Erstellt / Aktualisiert 22.12.2020 / 11.01.2022
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0 Exakte Antworten 0 Text Antworten 246 Multiple Choice Antworten
Fenster schliessen

Studies have found that more than a third of the unethical situations that lower and middle-level managers face come from _____.

stakeholder expectations and pressures.

pressures to satisfy customers.

pressures from the government to perform at a high level.

internal pressures and ambiguity surrounding internal organizational rules.

investor expectations.


Chapter 5
Fenster schliessen

Business ethics deals with right or wrong behavior within a particular organization.


Chapter 1, Check your EQ
Yes

No


That stems from the basic definition
Fenster schliessen

Three primary stakeholders are customers, special interest groups, and the media.


Chapter 2, Check your EQ
Yes

No


Although customers are primary stakeholders, special interest groups and the media are usually considered secondary stakeholders
Fenster schliessen

Please fill in the missing part in a manner consistent with business ethics.

After identifying ethical risk areas, ethical leaders should develop policies and procedures for _____ and _____ misconduct. This process is an important part of risk management.

While companies might adopt risk management plans to deal with economic, marketing, and technological risks, they are less likely to consider _____ risks as a major area of concern.

detecting, punishing, environmental

avoiding, perfectining, ethical

detecting, deepening, political

detecting, avoiding, ethical

detecting, avoiding, political


pp. 332-333
Fenster schliessen

Which-ones of the following terms belong to the same group (i.e., the same category)?

1) Egoism

2) Utilitarianism

3) Relativism

4) Consequentialism

5) Nonconsequentialism

1, 2, and 5

1, 2, 4, and 5

3 and 5

1, 2, and 4

2 and 5


Chapter 6
Fenster schliessen

Please fill in the missing part in a manner consistent with business ethics. (p. 135/moderate)

A(n) _____ is a problem, situation, or opportunity that requires an individual, group, or organisation to choose among several actions that must be evaluated as right or wrong, ethical or unethical.

legal dilemma

ethical dilemma

ethical issue

ethical opportunity

ethical trap


p. 135
Fenster schliessen

Which leadership type values people, their emotions, and their needs and relies on friendship and trust to promote flexibility, innovation, and risk taking?

Authoritative leadership

Coaching leadership

Pacesetting leadership

Coercive leadership

Affiliative leadership


Chapter 11, p. 330
Fenster schliessen

All of these are ways of reducing pollution, except:

Designing environmentally friendly buildings

Recycling

Greenwashing

Source reduction

Sustainable agriculture


p. 362
Fenster schliessen

Which-one(s) of the following statement(s) is(are) correct?

  1. In the context of business ethics, the notion “ethics” refers to the decisions made within the framework of an organisation’s values. However, it does not refer to the specific behaviour of members of an organisation.

  2. In the context of business ethics, the notion “ethics” refers to both, to a specific behaviour of members of an organisation as well as to a person’s personal philosophies about what is right or wrong.

  3. In the context of business ethics, there exists a difference between an ordinary decision and an ethical-one. For instance, contrary to an ordinary decision, an ethical decision requires the weighing of values in order to reach a judgement regarding a situation the decision maker has not faced before.

All of the above statements are correct.

Only statement I is correct.

Only statements I and II are correct.

Only statements I and III are correct.

Only statement III is correct.


p. 5
Fenster schliessen

During the 1990s the institutionalization of business ethics was largely driven by which piece of legislation?

Sarbanes-Oxley Act

Federal Sentencing Guidelines for Organizations

Dodd-Frank Wall Street Reform and Consumer Protection Act

Foreign Corrupt Practices Act

Global Sullivan Principles


Chapter 1, p. 12
Fenster schliessen

Act deontology requires a person use equity, fairness, and impartiality in making decisions and evaluating actions.


Chapter 6, Check your EQ
Yes

No


The rules serve only as guidelines, and past experience weighs more heavily than the rules
Fenster schliessen

There exist positive links between environmental and economic performance. In connection thereto, a firm’s innovation strategy might lead to a better economic performance for all of the subsequent reasons except:

It might reduce or eliminate the risk of major environmental disasters.

It might encourage other firms to follow the same strategy.

It might provide a better access to certain markets.

It might enable the firm to sell its newly developed technology.

It will enhance product differentiation.


p. 367
Fenster schliessen

_____ is a term used by Adam Smith to explain the inherent mechanisms at work in free market systems that keep commerce in equilibrium. It is also known as the “invisible hand.”

Consumerism

Cultural relativism

Social democracy

Laissez-faire

Bimodal wealth distribution


Chapter 10, p. 279
Fenster schliessen

Which-one(s) of the following statement(s) is(are) correct?

  1. A company’s ethical culture has a positive effect on employee commitment and trust. However, investor loyalty is only marginally affected by a company’s ethical culture as investors are primarily interested in high returns on equity.

  2. A company’s ethics and compliance program can support values and appropriate conduct. In this context, it is important to realise a company’s core values, which are derived from principles, might not be the same as an employee’s individual values.

  3. A company’s value practices are distinct from its organisational practices, which are driven by technical or efficiency considerations.

All of the above statements are correct.

Only statement I is correct.

Only statements I and II are correct.

Only statements II and III are correct.

Only statement III is correct.


p.16 and pp. 143
Fenster schliessen

Which is the last of Kohlberg's stages of cognitive moral development?

Individual instrumental purpose and exchange

Need achievement

Social system and conscience maintenance

Punishment and obedience

Universal ethical principles


Chapter 6, p. 170
Fenster schliessen

There exist positive links between environmental and economic performance. In connection thereto, a firm’s innovation strategy might lead to a better economic performance for all of the subsequent reasons except:

It might provide a better access to certain markets.

It will enhance product differentiation.

It will eliminate competition.

It might enable the firm to sell its newly developed technology.

It might reduce or eliminate the risk of major environmental disasters.


p. 367
Fenster schliessen

An unconscious reference to one's own cultural values, experiences, and knowledge is referred to as the ...

cultural reference criterion.

unconscious cultural criterion.

cultural-self criterion.

self-reference criterion.

unconscious cultural-self criterion.


p. 276
Fenster schliessen

Risk compartmentalization occurs when

companies place their most problematic employees into separate profit centers so that they cannot influence one another to act unethically.

all profit centers within a corporation are aware of the code of ethics.

all profit centers within an organization become aware of the consequences of competitors' actions.

various profit centers within an organization become unaware of the consequences of their actions on the firm as a whole.

ethics and compliance programs reduce the risk of misconduct.


Chapter 10, p. 278
Fenster schliessen

An ethical compliance audit is designed to determine the effectiveness of ethics initiatives.


Chapter 8, Check your EQ
Yes

No


It helps in establishing the code and in making program improvements
Fenster schliessen
Lizenzierung: Keine Angabe

Last year, your company, a supplier of electronic hard ware, adopted a new environmental strategy in which the long-term overlaps of shared values between the needs of the company and the needs of society and the environment receive special attention. In this context, your company has begun with the development of new technologies that should provide the means to extract, from electronic waste, the raw materials needed in the production of new units. In this sense, the company hopes both to better secure the supply of those needed raw materials in the future as well as comply with newly established legal environmental standards. However, the development of that technology proves to be more costly and more challenging than expected. And whilst the board of directors, at last year’s general assembly of shareholders, received great support for its decision to develop the new technologies, important shareholders have now voiced their serious concern that the strategy appears to be too costly, putting the company’s economic performance at risk.

The CEO is a much appreciated person; many consider him an ethical leader. However, he is not what one would call an authoritative, inspirational leader. Especially when it comes to communication, he appears to have trouble in bringing a message across in an inspiring manner. Many believe that it is because of this shortcoming that some shareholders don’t trust the companyto be able to successfully complete the development of the new technologies. Many believe that his resignation would solve that problem. He, however, does not seem to share that view.

In view of the above-described situation, which-one(s) of the following statement(s) is(are) correct? See visual for I, II, and III.

All of the above statements are correct.

Only statements II and III are correct.

Only statements I and II are correct.

Only statements III is correct.

Only statements I and III are correct.

Fenster schliessen

Which of the following statements about multinational corporations (MNCs) is false?

MNCs are corporate organizations that operate on a global scale without significant ties to any one nation or region.

MNCs are inherently unethical and always do harm in the countries in which they operate.

MNCs are characterized by a global strategy of focusing on opportunities throughout the world.

Some MNCs are so large and powerful that their revenues are greater than the gross domestic products of many countries.

Because of their size and power, MNCs have been the subject of much criticism and the source of a number of ethical issues.


pp. 283- 285
Fenster schliessen

The term business ethics is best described by the following statement:

It is the study and philosophy of human conduct, with an emphasis on determining right and wrong.

It is an "inquiry into the nature and grounds of morality where the term morality is taken to mean moral judgments, standards and rules of conduct."

It is the "study of the general nature of morals and of specific moral choices; moral philosophy; and the rules or standards governing the conduct of the members of a profession."

It is an organization's obligation to maximize its positive effects and minimize its negative effects on stakeholders.

It comprises the principles, values, and standards that guide behavior in the world of business.


Chapter 1, p. 5
Fenster schliessen

Which-one(s) of the following statement(s) is(are) correct?

  1. Moral philosophies present guidelines for determining how conflicts in human interests are to be settled and for optimising mutual benefit of people living together.

  2. Moral philosophies refer to specific principles or values people use to decide what is right or wrong.

  3. Contrary to moral philosophies, business ethics is not person-specific, however, it refers to what a group, organisation, or firm defines as right or wrong actions that pertain to its business operations and the objective of profits.

Only statement III is correct.

Only statements II and III are correct.

Only statements I and III are correct.

Only statements I and III are correct.

All of the above statements are correct.


pp. 154-155
Fenster schliessen

A utilitarian is most concerned with bottom-line benefits.


Chapter 6, Check your EQ
Yes

No


Utilitarians look for the greatest good for the number of people and use a cost-benefit approach
Fenster schliessen

Please fill in the missing part in a manner consistent with business ethics.

The point at which a lie becomes unethical in business is based on the  _____ of the statement and its _____ to distort the truth.

nature, power

context, intent

content, ability

degree of falsehood, power

length, intent


p. 70
Fenster schliessen

Which of the following was developed in the 1980s to guide corporate support for ethical conduct by establishing a method for discussing best practices?

Federal Sentencing Guidelines for Organizations

Defense Industry Initiative on Business Ethics and Conduct

Corporate codes of conduct

United States Sentencing Commission

MERCOSUR


Chapter 1, p. 12
Fenster schliessen

When a commercial states that a product is superior to any other on the market, the marketer risks accusations of

concealed facts.

false labeling.

deceptive advertising.

concealed facts.

puffery.


Chapter 3, p. 78
Fenster schliessen

Time theft is the most commonly observed type of misconduct.


Chapter 3, Check your EQ
Yes

No


The most observed form of misconduct in Table 3-1 is misuse of company time
Fenster schliessen

Which of the following is not one of the rights spelled out by John F. Kennedy in his "Consumers' Bill of Rights"?

The right to choose

The right to safety

The right to be informed

The right to be ethical

The right to be heard


Chapter 1, p. 10
Fenster schliessen

Key ethical issues in an organization relate to fraud, discrimination, honesty and fairness, conflicts of interest, and privacy.


Chapter 3, Check your EQ
Yes

No


Fraud, discrimination, honesty and fairness, conflicts of interest, and privacy are key ethical issues that businesses face