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Which person argued that a corporate manager's primary responsibility is to the shareholders of the organization and that managers should make the company as profitable as possible while also complying with the law?


A) John Rawls
B) John Stuart Mill
C) Immanuel Kant
D) Milton Friedman

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​Your text outlines three practices to help one avoid ethical traps: slow down, remember your Life Principles, and


A) ​focus on the matter at hand.
B) ​do not trust your first instinct.
C) ​think about what society expects.
D) ​go with your gut reaction.

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Which of the following is NOT a stakeholder?


A) a business competitor.
B) shareholders.
C) employees.
D) customers.

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Generally speaking, managers feel better about themselves when they behave ethically.

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What word is best associated with deontological ethics?​


A) ​happiness
B) ​outcome
C) ​obligation
D) ​benefit

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Explain the meaning of the following ethics traps: rationalization, conformity, following orders, lost in a crowd, and blind spots.

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​ Rationalization: When we do something ...

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Utilitarian ethics holds that decisions should be made on the basis of practicality, and whatever action is most convenient should be favored.

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Dahlia is in the process of developing her set of Life Principles. She asks you for your advice. Which of the following statements will you tell Dahlia is important for her to follow when developing her Life Principles?


A) The focus of her Life Principles should reflect what the law says is "right" or "wrong."
B) ​It is better to develop Life Principles that are general in nature rather than ones that are too specific.
C) Her Life Principles should be based on her own values.
D) Her Life Principles should be based on the moral standards dictated by society.

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What is the best definition for the term corporate social responsibility ?


A) an organization's obligation to contribute positively to the world around it
B) an organization's obligation to maximize profits for its shareholders
C) an organization's obligation to be environmentally responsible
D) an organization's obligation to value its employees above all other stakeholders

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A company that engages in unethical behavior may suffer severe consequences.

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Life Principles are set by your parents and do not change over time.

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What are Life Principles and what should one consider when developing his or her own Life Principles?

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Life Principles are the rules by which p...

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Alanis tries to talk her supervisor out of a business decision she thinks is unethical. Which of the following best characterizes her reaction?


A) loyalty
B) capitulation
C) voice
D) exit

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_______ is the belief that some acts are always right or always wrong, whereas ______ is the belief that a decision may be right even if it is not in keeping with our own ethical standards.​


A) ​Moral universalism; moral relativism
B) ​Moral relativism; moral universalism
C) ​Utilitarianism; deontological ethics
D) ​D eontological ethics; utilitarianism

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Ethical behavior always pays off financially for businesses.

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Which scenario is an example of a true ethics dilemma?


A) The Tipton Company considers running advertisements to publicize the contribution it made to a national charity that offers tutoring to low-income children.
B) Employees at Spiffy Hair Salon ask management if they can set up a booth at an inner-city street fair to give free haircuts to anyone who needs one.
C) Sure-Good Soup Company is thinking about using more expensive organic vegetables in its products to promote consumer health, even though company profits might be reduced.
D) At the request of many customers, Maxim Company considers pulling advertising from a radio talk show that endorses "fringe" conspiracy theories.

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Oxtron, Inc. is considering establishing a program that actively encourages ethical behavior. What reasons would support Oxtron's adoption of an ethics program?

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The following reasons support an ethics ...

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​Haley is an accountant for a large hospital network. She knows that she could easily "skim" money from the organization to keep for herself and chances are she  would not get caught. However, she keeps thinking about what would happen to her and her family if her actions went viral and appeared all over the Internet or in her local newspaper. What ethics test is Haley considering?


A) ​the social media test
B) ​the front page test
C) ​the public scrutiny test
D) ​the bystander test

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Deontologists would agree that the increasing medical concern over obesity in the United States justifies federal regulation of high fat, high sugar, low nutrition food advertising during children's television programs.

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John Rawls' suggestion that society should reward behavior that provides the most benefit to the community as a whole is referred to as​


A) ​the difference principle.
B) ​the veil of ignorance.
C) ​moral universalism.
D) ​moral relativism.

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