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Exam 5: Business Ethics

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Question 21

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_________ contend that morals can change based on time, the circumstances of the situation, and personal opinion.

A) Relativism ethics
B) Global ethics
C) Universal ethics
D) Executive ethics
E) Utilitarian ethics

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Question 22

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Which of the following is not among the questions in the "Five Question Test"?

A) Will it lose my company money?
B) Is it legal?
C) Is it right and fair?
D) Would I want everyone to know it?
E) Will I get caught?

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Question 23

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What are the different classifications of managers regarding morals?

Most of the time, a combination of ethical guides must be used to achieve complex ethical outcomes.

Stakeholders rarely have conflicting interests.

There is no point in studying ethics because we all know what is right; it's just a matter of doing what is ethical.

________ occurs when an individual's self-interest conflicts with behaving in the best interest of another when obligated to do so.

Which of the following is not a thinking process to justify unethical behavior?

Who were credited with developing the first ethics theory?

To guide employee decision making and behavior, today few professional associations in the functional areas of business have codes of ethics.

Phrases like "financial deficit," "negative cash flow," or "creative financing" are examples of _________.

To pass the virtues test, the behavior must be honest, be based on good character traits, and maintain one's integrity and relationships.

Situational characteristics affect the degree to which we are willing to be influenced by others' unethical behavior

To pass the utilitarian test, a specific action will lead to more favorable consequences than any alternative decision.

Managerial ethics and business ethics are essentially the same thing.