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Richard A. View as Instructor. Whether you need access offline or online, in print or on your mobile device, we have cost saving options. Tell me about Cengage eTextbooks. The ethical theory that underlies cost-benefit analysis is: A libertarianism.
B utilitarianism. C deontology. D ethical relativism. In , Congress passed what legislation seeking to prevent business scandals by increasing corporate responsibility through imposing additional corporate governance requirements on publicly held corporations? B absolutism. C situational ethics. D act utilitarianism.
True cost-benefit analysis as a social theory: A only measures monetary gains and losses in making business decisions. B compares direct and indirect costs and benefits of program alternatives for meeting a specific goal. D emphasizes justice and a central moral authority.
Arguments favoring social responsibility of business entities include all but which of the following? A Corporations are subject to a higher standard of accountability than are public bodies. C Corporate involvement in social causes makes good business sense. D The more responsibly companies act, the less regulation the government must provide. In what way or ways are situational ethics and ethical relativism similar? A They both look to a central authority or set of rules to guide ethical decision-making.
B They both assess each separate act according to whether it maximizes pleasure over pain. C They both judge actions from the perspective of the person who actually made the judgment. D All of these are true. Answer : C.
A deontologist B rule utilitarian. Kohlberg observed that people progress through stages of moral development according to the major variables of: A age and education.
B age, economic status, and peer influence. C education and family guidance. D religion, education, and the influence of peers and family. Under which ethical system would it be ethical to compel a few citizens to undergo painful or fatal medical tests in order to develop cures for the rest of the world? The definition of business ethics includes which of the following points? A It is a science completely separate from applied ethics. B It is fully codified in federal statutes.
C It has a central authority and universal standards. D It seeks to determine what is good and right in business settings. Answer : D. According to Jack Behrman, a professor of business ethics, free enterprise involves a: A combination of properties. B capitalistic combination of factors of production. C group expression of the use of private property.
Which arguments oppose business involvement in socially responsible activities? A Lack of corporate focus on profitability. B Unfairness to company employees and shareholders. C Lack of accountability. Nineteen-year-old Martin was raised in a loving family that attended a Christian church regularly and he attended parochial school through eighth grade. Martin is a good student and citizen who conforms to the expectations of his church, family, and peers. He does so because he loves his family and church, is loyal to them, and trusts them.
A are excessively pragmatic. B are rigid and excessively formal. C only consider actions by their motives. D fail to consider universal principles. A common criticism of ethical relativism is that it: A promotes open-mindedness and tolerance. C is rigid and excessively formal. D is too judgmental. The type of moral equality espoused by John Rawls is: A freedom to do what one wishes. B social and material equality. C freedom from government regulation. D equality of opportunity, not of results.
An auto designer chooses to devote his efforts to designing an automobile that is the safest vehicle possible. He does so because he wishes to save lives and prevent disabling injuries. He believes he and his employer have a duty to provide the public with the safest possible vehicle. B deontological. C ethically relative. D ethically fundamental.
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