Business Ethics with Good Governace & Social Responsibility
PRELIM QUIZ 1
Practical reason tries to gauge the way things are while theoretical reason
determines how the world should be and what individuals should do.
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Laws can never be morally wrong or unethical.
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Maintaining social responsibility within an organization ensures the integrity of
society and the environment are protected.
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The approach of social responsibility is based on a system of ethics, in which
decisions and actions must be ethically ratified before proceeding.
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Practical reason is concerned with matters of fact and their explanation of value
while theoretical reason is concerned with matters of value abd their explanation.
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Only Managers are obliged to make decisions in the business environment every
day.
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there are five types of ethical standards: utilitarian, rights, fairness or justice,
common good, and virtue.
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The words and deeds of someone will be in agreement with the ethical standards of
the company when a person has a low degreee of integrity.
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The theory of social responsibility and ethics only applies in a group context.
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Ethics is the ideology about right and wrong in the workplace distinguished by
social notions of the moral actions of people.
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PRELIM QUIZ 2
It follows that if people neglect their duties, then other people’s rights may be
neglected.
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True
False
Rule utilitarianism mainly poses the question "What effect would everyone's doing
this action have on the general balance of good over evil?"
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True
False
Rule utilitarianism is usually deemed as the most natural interpretation of the
utilitarian ideal.
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True
False
People using the principle approach often ask such questions as "What's the bottom
line?" "What effect will this have?" "What good will this bring about?" and "Will
this help in the long run?"
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True
False
Rule utilitarianism emphasizes the specific situations and the many individual
features of the circumstances that offer moral problems, and it presents a simple
method for addressing these individual cases.
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True
False
The virtue framework addresses the elements of individual characters and
disposition which deepen one's humanity and engender one's relationships with
other.
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True
False
The character approach analyzes a person's or group's intentions, inclinations, and
motives and then creates a moral judgment of the person's or group's character.
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True
False
Intelligent and good-hearted people all share the same values and hold similar
opinions about which values should abound.
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True
False
The character approach is the most familiar since most ethics education is based on
character.
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True
False
An utilitarianism generally asks the question "What effect will this act have in this
situation on the general balance of good over evil?"
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True
False
PRELIM EXAM
Employees who do not work for an organization that requires a high standard of
business ethics in all aspects of operations tend to complete their job duties at a
higher level and stay loyal to that organization.
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Which of the following is TRUE about ethics?
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[Link] requires pursuing traditionally accepted norms.
[Link] is not a religion.
[Link] means to follow the law.
[Link] and feelings are the same.
This approach suggests that linked relationships of society are the foundation of
ethical reasoning and that reverence and concern for all others are conditions of
such grounds.
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[Link] Good Approach
[Link] Approach
[Link] Approach
[Link] or Justice Approach
[Link] Approach
Integrity is an internal system of principles which guide your behavior with
intrinsic benefits.
Operating a business in an entirely ethical way builds a stronger bond between
individuals in leadership positions that further creates stability within the company.
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Ethics It
Employees make better decisions efficiently without a governing standard.
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Business ethics is an instrument organizations use to guarantee managers,
directors, or executive officers act responsibly in different business situations.
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Change blindness
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[Link] a shortsightedness of values
[Link] from focusing on failures
[Link] when decision-makers fail to see gradual changes over time.
[Link] answers are correct.
Personal integrity is the base for ethics.
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The reputation of a business from other businesses, the community, and investors
is important in determining whether a company is a beneficial investment.
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Utilitarian ethics It is a principle that seeks to do the most good and restrict the
amount of harm for each individual.
Managers are
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[Link] for advocating ethical standards in their own behaviors and decisions.
[Link] for the ethical conduct of those who report to them.
[Link] of the answers are correct.
[Link] for interacting with external stakeholders such as customers, local
community, government officials, suppliers, or owners.
It results from focusing on failures.
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[Link] blindness
[Link] correct answer
[Link] blindness
[Link] myopia
Normative myopia
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[Link] a shortsightedness of values.
[Link] when decision-makers fail to see gradual changes over time.
[Link] answers are correct
[Link] from focusing on failures.
Working for an organization does not require following an ethical framework when
making decisions.
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It
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[Link] Approach
[Link] or Justice Approach
[Link] Approach
[Link] Approach
[Link] Good
B day.
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Beauty, empathy, courage, generosity, patience, love, loyalty, integrity, justice,
self-control, and prudence are all examples of virtues. Terminal values refer to
preferable modes of behavior.
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______ espouses that moral behavior generates the greatest good for the vast
majority.
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[Link] correct answer
[Link] Rights Approach
[Link] Equality Approach
[Link] Utilitarian Approach
Inattentional blindness
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[Link] when decision-makers fail to see gradual changes over time.
[Link] from focusing on failures.
c. is a shortsightedness of values
[Link] answers are correct.
The
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The more difficult the ethical choice we have to make, the more we need to avoid
difficult people and situations.
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Business ethics It is the applied ethics discipline that focuses on the moral
aspects concerning business activity.
Making sensible ethical choices does not require an understanding of ethical
issues.
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It maintains that moral decisions must be based on standards of equity, fairness and
impartiality.
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[Link] correct answer
[Link] Fairness Approach
[Link] Virtue Approach
[Link] Common Good Approach
There is a vital relationship between integrity and ethics.
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It suggests that linked relationships of society are the foundation of ethical
reasoning and that reverence and concern for all others are conditions of such
grounds.
Select one:
[Link] Common Good Approach
[Link] Utilitarian Approach
[Link] Virtue Approach
[Link] Equality Approach
Some traditions are relatively ethical, but others become corrupt or oblivious to
certain ethical manners.
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The following account for the vast majority of poor decisions
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[Link] idealistic search for silver-bullet solutions
[Link] many people involved
[Link] answers are correct
[Link] to consider alternatives explicitly
