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

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