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Exam 7: Busi Ness Ethics Fundamentals

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Question 31

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One of the functions of corporate governance is

A) oversight of senior managers.
B) capital budgeting.
C) incorporating ethics into the strategic planning process.
D) monitoring executive bonuses.

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Question 32

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In Kohlberg's preconventionallevel of moral development,the individual's primary concern is for others.

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Question 33

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Concepts of right and wrong are increasingly being interpreted today to include all of the following except

The discipline that deals with what is good and bad and with moral duty and obligation is

The area of ethics that is concerned with supplying and justifying a coherent moral system of thinking and judging is called

An element of moral judgment is all the following except

The Wall Street fmancial scandals involved all the following except

The postconventionallevel of moral development is the most common level for adults over 50 years of age.

Describe how a Venn diagram can help a manager evaluate moral dilemmas and come to decisions about those situations.

The challenge in all managerial situations is take what can be done and what should be done and frnd

The most serious danger of using the conventional approach to business ethics is

A doctrine or system of moral conduct is called

The Enron Era brought about a broad range of legal and ethic charges that included all the following except

The key operating question of amoral management is

Using the ethics question "what ought to be?" consider this hypothetical about a corporate planning seminar.At the seminar,a speaker tells the participants that presidents of large corporations should begin their planning processes with a vision of society,not with where they want their fmns to be in 5 or 10 years.Evaluate this advice in light of what you have learned about business ethics.

Virtually all companies that exhibit moral management have had that outlook since they were founded.

In making ethical judgments,it is usually easier to reach consensus on individual practical cases than it is to agree on broad principles.

The three models of ethical management (immoral,moral,and amoral)provide only one "good" example--that of moral management.However,the authors imply that immoral and amoral management are prevalent in our society,while moral management is practiced less.Which is the bigger problem in our society,immoral or amoral management?

Managers who believe that business decisions are not subject to moral constraints tend to utilize the

Moral management stresses profitability over other stakeholder concerns.