Business Ethics

Course Business Ethics FHNW (Business Administration IM)

Course Business Ethics FHNW (Business Administration IM)

Julia Rawyler

Julia Rawyler

Set of flashcards Details

Flashcards 246
Students 33
Language English
Category Religion/Ethics
Level University
Created / Updated 22.12.2020 / 15.02.2025
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All of the following are true with regards to ethical decision making in business except?

p. 136 & ch. 3

Most countries have a strong orientation toward ethical and legal compliance.

Chapter 10, Check your EQ

That's an ethnocentric perspective; in other countries laws may be viewed more situationally

All of these are ways of reducing pollution, except:

p. 362

According to the ethical decision-making framework, the absence of punishment provides a(n) _____ for unethical behavior.

Chapter 5

Teleology defines right or acceptable behavior in terms of its consequences for the individual.

Chapter 6, Check your EQ

That is egoism

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

  1. The so-called triple bottom line approach takes social and environmental performance variables into consideration. Moreover, it also includes variables measuring a company’s economic performance.

  2. The process by which a company can improve its environmental performance may also lead to a better economic performance, for example through the development and subsequent sale of environmentally friendly production technology.

  3. Even though many NGOs claim that a company’s improved environmental performance is often connected to a cost reduction due to more resource-efficient ways of production, there is no data that supports that claim.

pp. 366

The _____ leader can create a negative climate because of the high standards that she or he has. This style works best for attaining quick results from highly motivated individuals who value achievement and take initiative.

Chapter 11, p. 330-331

_____ occurs when the middle class shrinks, resulting in highly concentrated wealth amongst the rich and a large number of poor people with very few resources.

Chapter 10, p. 280

Which-one of the following statements is correct?

p. 348

A relativist looks at an ethical situation and considers the individuals and groups involved.

Chapter 6, Check your EQ

Relativists look at themselves and those around them to determine ethical standards

Which of the following would not be considered a negative reinforcement of employee behavior?

Chapter 5

Virtues supporting business transactions include trust, fairness, trustfulness, competitiveness, and focus.

Chapter 6, Check your EQ

The characteristics include trust, self-control, empathy, fairness, and trustfulness - not competitiveness and focus

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

In what he called the _____, John Rawls examined how individuals would formulate principles if they did not know what their future position in society would be.

p. 142

According to the role of ethical culture in performance, all of these are drivers of profit except

Chapter 1, p. 16

_____ involves subordinates simply following the directives of a superior without question. It demonstrates the influence that significant others can exert in the workplace.

Chapter 5

A _____ business attempts to avoid dealing with environmental issues and hopes nothing bad happens or no one ever finds out about an environmental accident or abuse.

Chapter 12, p. 370

When unethical acts are discovered in a firm, in most instances

Chapter 2, p. 30

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

pp. 283- 285

Moral philosophy refers to

Chapter 6, p. 154

As one of the seven habits of strong ethical leaders, _____ is “the glue that holds ethical concepts together.” This trait can be developed early in life or developed over time through experience.

Chapter 11, p. 313

A firm that makes use of a _____ recognizes other stakeholders beyond investors, employees, and suppliers, and explicitly acknowledges the two-way dialog that exists between a firm's internal and external environments.

Chapter 2, p. 33

_____ are a primary influence on employee’s ethical behavior because they are role models for the organization’s values.

Chapter 11, p. 313-315

The study of business ethics is important to better understand all of the following except

Chapter 1, p. 8-9

Stakeholders provide resources that are more or less critical to a firm's long-term success.

Chapter 2, Check your EQ

These resources are both tangible and intangible

What is a living wage?

p. 297

Which moral philosophy focuses on the rights of individuals and on the intentions associated with a particular behavior, rather than its consequences?

Chapter 6, p. 157, Table 6-1, A Comparison of the Philosophies Used in Business Decisions p. 161

The _____ focus(es) on firms taking action to prevent and detect business misconduct in cooperation with government regulation.

Chapter 1, p. 12

The _____ can be defined as a set of values, norms, and artifacts, including ways of solving problems shared by members of an organization.

Chapter 5

The Environmental Protection Agency (EPA) deals with environmental issues and enforces environmental legislation is the United States.

Chapter 12, Check your EQ

The EPA deals with environmental issues and enforces environmental legislation in the United States

Multinational corporations have identifiable home countries but operate globally.

Chapter 10, Check your EQ

Multinational corporations have no significant ties to any nation or region

Social responsibility is

Chapter 1, p. 23

Through _____, it is possible to quantify the trade-offs to determine whether to accept or reject environmentally-related activities and programs.

Chapter 12, p. 372

Which of the following is not a habit of ethical leaders?

Chapter 11, p. 310-314

"Opportunity" describes the conditions within an organization that limit or permit ethical or unethical behavior

Chapter 5, Check your EQ

Opportunity results from conditions that provide rewards or fail to erect barriers against unethical behaviour

Ethical conflicts occur when there are two or more positions on an ethical decision.

Chapter 11, Check your EQ

Ethical conflicts occur when there are two or more positions on an ethical decision

Stakeholder assessment is an important part of a high-commitment approach to environmental issues.

Chapter 12, Check your EQ

Stakeholder assessment is an important part of a high-commitment approach to environmental issues

Which-one of the following statements is most likely to be correct?

pp. 5-8; p. 238

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

  1. As many ethical business issues are complex close calls, ethical policies are needed to help to ensure consistent decisions that represent the interests of all stakeholders.

  2. A corporate culture without appropriate communication about ethics can facilitate individual misconduct.

  3. The key reason why people seem to engage in misconduct is theirs feeling pressured do to “whatever it takes to meet ethical standards”.

p. 217

Those who ascribe to consumerism, ...

p. 298

One of the critical ethical business issues linked to cultural differences is the question of whose values and ethical standards take precedence during international negotiations and business transactions.

Chapter 10, Check your EQ

Ethical standards and values differ from culture to culture, and this can be a critical point in effective business negotiations. Some people believe in cultural relativism, which means standards of the host country sway. However, many MNC's are legally bound to adhere to the standards of the host country.