in the original position, people must have full and complete knowledge. B.) D.) human beings try to avoid acquisitive behavior. in suppliers, customers, or distributors with whom their organizations do business. reason, reflection, deliberation, and fairness D.) established the Food and Drug Administration. D.) justice forbids any social or economic inequalities. D.) moral standards must be set or validated by some authoritative body, The benefits within moral standards are best seen in which statement? False, According to Keith Davis, in addition to considering potential profitability, a business must weigh the long-range social costs of its activities as well. B.) For the hedonistic utilitarian, knowledge, friendship, and aesthetic satisfaction are inherently good. freedom of religion. . A.) A.) the Foreign Corrupt Practices Act (FCPA) of 1977. B.) C.) an action that leads to unhappiness is morally right if any other action that you could have performed instead would have brought about even more unhappiness. Use a chart like the one shown to help you organize your thoughts. True )all disabled persons must be hired. Cite two arguments each man might have given to defend his position. B.) Which of the following is true of a regulatory approach to environmental problems? social graces. People who are exclusively concerned with their own interests tend to have happier and more satisfying lives than those whose desires extend beyond themselves. C.) when an organized body of workers withholds its labor to force the employer to comply with its demands. is the best guarantee of a company's long-term performance. increase their manufacturing operations in the U.S. The most accurate statement about workplace safety is: workers are often unaware of the hazards they face on the job, When it comes to obtaining information about employees, a key concept is. The consumer's main source of product information is corporate and private. Which of the following considerations about utilitarism is correct? C.) the moral permissibility of our actions depends entirely upon their consequences. When the shopkeeper refrains from cheating a customer, Kant would say this action rubber stamp the policies and recommendations of the management. let-government-do-it. True D.) freedom of speech. is basically immoral. the corporate invasion of employees' civil rights is rampant. B.) welfare. is best represented by Ross's theory of ethics. D.) a fair wage presupposes a fair work contract, The case of Griggs v. Duke Power Company A systematic review of fear appeal research by Ruiter, Kessels, Peters and Kok (2014) concluded that ______. C.) the division of labor, though good for the firm, reduces overall efficiency. the fact that government now employs more people than manufacturing. is no longer a key feature of capitalism, One of the four key features of capitalism is 10 Correct Answer: "idols of the mind.". 6-What are the employers financial capabilities. there is already sufficiently equal distribution of income. Promotions that highlight the phrase "half off," when the business actually means "buy one-get one half off," stay within . A tangible truth about having moral principles is, The famous experiments by social psychologist Solomon Asch show, When ethical relativism is put into practice, it implies that. government subsidies and protective tariffs. False, Immanuel Kant believed that prostitution was immoral because, by selling their sexual services, prostitutes allow themselves to be treated as only a means to an end. Fair personnel policies and decisions must be based on criteria that are clear, job related, and A basic premise of Adam Smith's is Which statement is accurate in its description of consumer protection? Such acts were declared illegal by. physical appearance D.) increased worker participation in industrial life is beneficial. The argument for strict liability is basically utilitarian. Which statement has the proper perspective about the testing of employees by a business? A.) B.) D.) the rights possessed by human beings remain unchanged for all times and places, Aristotle's formal principle of justice states, True always positive, never negative. The key moral ideal in promotions is fairness. The key moral ideal in promotions is. Fair Packaging and Labeling Commission. As a general rule, the burden is on an organization to establish the legitimacy of infringing on what would normally be considered the personal sphere of the individual. Selected Answer: According to common law, unless there is an explicit contractual provision to the contrary, every employment is employment "at will." Correct Answer: According to common law, unless there is an explicit contractual provision to the contrary, every employment is employment "at will." The Sarbanes Oxley Act marked an important advance for several reasons, one of which is that it. Employees are under a legal obligation to act loyally and in good faith and to carry out lawful instructions. D.) too many limits, One of the three important "limits to what the law can do" discussed by Christopher Stone is False, A primary boycott occurs when people refuse to patronize companies that handle products of struck companies. the buying or selling of stocks (or other financial securities) by business "insiders" on the basis of information that has not yet been made public and is likely to affect the price of the stock. Question 2 2 out of 2 points Austin Fagothey and Milton Gonsalves believe a direct strike is justified Selected Answer: when it is a last resort. freedom of ideas. C.) There is a complete list of adequacy criteria for moral judgments that philosophers all agree on. industrialization does away with alienation. C.) Labor is alienated in a capitalist economic system (in part) because the labor of a worker stands opposed to the worker as an autonomous power. deception. D.) individuals are morally entitled to take other's property, Talk of justice and injustice typically focuses on: False, Which of the following is true regarding Immanuel Kant's beliefs? B.) D.) In state welfare capitalism the government plays an active role in regulating economic activities in an effort to smooth out the boom-and-bust pattern of the business cycle. True corporations must be "publicly held" and thus traded on the stock market. C.) moral standards cannot be justified by reasons The Consumer Product Safety Commission has the power to order recalls, public warnings, and refunds. its own ideal of competition is Social contract. Professional codes are the rules that are supposed to govern the conduct of members of a given profession. B.) C.) displayed a high level of moral worth. The Categorical Imperative is supposed to provide a way for us to evaluate moral actions and to make moral judgments. All for one and one for all. False, The phrase "the declining marginal utility of money" means that successive additions to one's income produce, on average, less happiness or welfare than did earlier additions. 6. the rise of personnel engineering and professional management, According to common law, to legally terminate an employee, an employer. C.) the moral compass within each of us. Our relationship with the law is best described by which of the following? A.) B.) fewer "hollow" corporations. C.) employees. A.) A.) corporate punishment is no different from individual punishment. Make people interested. 4) trade-offs have to be made between productivity and quality of work life. B.) A psychological appeal is one that aims to persuade by appealing primarily to reason and not to human emotional needs. Americans value work more than Japanese do. A.) Labor historians generally consider the American Federation of Labor (AFL) the first truly national trade union. C.) Utilitarian's oppose capitalism in principle. Conflicts of interest may exist when employees have financial investments. D.) prohibiting business corporations from spending corporate funds to publicize political views that do not materially affect their business. A.) compassion, intellect, and patience. The express purpose of a boycott is the same as a striketo hurt the employer and strengthen the union. likeability. Question. b) employers must make "reasonable accommodations" for disabled workers. the rise of personnel engineering and professional management Feudal society. b. adopted the principle of caveat emptor. laws are passed before there is any real problem to worry about. A.) As a result of it, the courts a. permitted consumers to sue manufacturers with whom they had no contractual relationships. there are no moral rights. D.) rubber stamp the policies and recommendations of the management. Fatigue and stress is less of a health problem than it used to be. C.) a hypothetical imperative. If the interest rate is zero, then $100 to be paid in 10 years has a present value that is a. less than$100. What could be symbolized by the yellow wallpaper in the story? Question 6 5 out of 5 points In the interview process, the interview should avoid rudeness, coarseness, condescension, and SelectedAnswer: hostility. A.) B.) C.) write the policies and procedures. philosophical concern with justice began in the 19th century. D.) laws are passed before there is any real problem to worry about. they are regulated by the Federal Trade Commission, In the corporate world, the board of directors will B.) False. support for corporations' First Amendment right to participate in the political process justice is a moral standard independent of the principle of utility. Explain the importance of each term, person, or place: Napoleon III; Suez Canal; provisional; premier; coalition; Dreyfus affair; libel; Zionism. an invisible hand to promote general good. The key moral ideal in promotions is. C.) one group would be supportive of another group benefiting even though the rules are different. The narrow view of corporate social responsibility argues companies must make money within the "rules of the game" which rules out all of the following except for: False, An individual does not have to follow the code of one's profession. Which of the following is true regarding utilitarian beliefs? One of the chief concerns of nepotism is the disregard of managerial responsibilities to the organization and of fairness to other employees. feeling, sentiment, happiness, and equality D.) The move from mercantilist thinking to a belief in Benjamin Franklin's invisible hand. Asked 4/27/2015 10:10:23 AM. Evidence for the idea that American manufacturing is declining is was in accordance with duty, but not done from duty. contradicting. Which statement creates the best picture of capitalism? When employees at all occupational levels are asked to rank what is important to them, the order that they put them in is: interesting work; sufficient help, support, and information to accomplish the job; enough authority to carry out the work; and good pay. power of choice. Cost benefit analysis is a device used to determine whether it's worthwhile to incur a particular cost. According to common law, unless there is an explicit contractual provision to the contrary, every employment is employment "at will. Prudential reasons are reasons that refer to the interests of others and the demands of morality. CorrectAnswer: hostilit y. we all deserve the same. C.) freedom of speech. we have a basic right to assistance from others. Employees have no obligations to people with whom they have no business relations. desktop goose android. D.) for Americans, only good health is more important than work, According to Marx, the best economic system would be one where the means of production and distribution are in the hands of the bourgeoisie. There are . The move from mercantilist thinking to a belief in Benjamin Franklin's invisible hand, A common point of contention about corporations is Utilitarians believe that we can't compare one person's happiness with that of another. nhs waiting list for acl reconstruction. interdependence of an ecosystem's elements. B.) C.) is the best guarantee of a company's long-term performance. \hline \text{Roses} & \$ 2 & \$ 15 & 25 \\ D.) primary and secondary, The key moral ideal in promotions is mercantile capitalism. B.) A.) \end{array} False, Corporations differ from partnerships and other forms of business association in two ways. D.) must have good cause. consumers don't want further legal regulation, Which of the following is one of the three arguments in favor of narrow corporate social responsibility discussed in this chapter? They include product, price, promotion and place. 5-Is the job secure. From the beginning, unions have been driven by an attempt to protect workers from abuses of power at the hands of employers. moral standards are purely optional everyone prefers that action to any other action. height. B.) D.) is derived from alleged fact that human beings are by nature selfish creatures, Consequentialism Study with Quizlet and memorize flashcards containing terms like Good moral judgments should be logical and A.) constitute the whole of his or her morality. based on religion. The hiring process needs to include screening, testing, and. The Promotion Marketing Association makes compliance with local, state and federal laws the first item in its code of ethics. Such acts were declared illegal by, The Foreign Corrupt Practices Act (FCPA) of 1977, Which of these is a valid reason for not hiring a potential employee, Workers essentially dislike work and will do everything they can to avoid it, Tests are designed to measure the applicant's skills in verbal, quantitative, and, Since Congress passed the Americans With Disabilities Act in 1994, employers must make "reasonable accommodations" for disabled workers, Which statement is true about the hiring and employment process, According to common law, unless there is an explicit contractual provision to the contrary, every employment is employment "at will", Fundamentals of Financial Management, Concise Edition. C.) some do deserve more than others. when in doubt, one should ignore one's conscience. Start making your target audience aware of your brand. Professional codes of ethics provide a complete and reliable guide to one's moral obligations. D.) Human rights rest on particular roles and special relationships. there is an imbalance of knowledge between buyer and seller. This answer has been confirmed as correct and helpful. Most Americans believe a corporation's top obligation is to its be there just for show. "Groupthink" is a positive and necessary . C.) corporate culture can be both explicit and implicit. Some advertising and promotions managers work more than 40 hours per week. The proper approach to promote safety is found in the "hidden culture" which is, a culture that is proactively oriented toward safety. D.) only the utilitarian standard can best resolve conflicts between competing principles of justice. all valid arguments are sound arguments. make nearly all crucial parts. Which of the following accurately reflects the concept of Marxism? In 1972, Congress created one of the most important agencies for regulating product safety. Personally, I'm not even sure about the "quality" part of promotion. C.) the free trade and laissez-faire view of Adam Smith best promote the total social good. True the argument's conclusion must be true. A.) Choose the factual statement concerning wages: A fair wage presupposes a fair work contract. False, The main point of the "Battle Over Bottled Water" is that water is the lifeblood of the earth. a shrinking trade deficit. coincide with what most scientifically trained people think. Let the boss sweat it limited and unlimited False, According to Adam Smith, individuals have natural endowments that should determine the kind of work they do. C.) A corporate campaign occurs when people refuse to patronize companies that handle products of struck companies. According to common law, unless there is an explicit contractual provision to the contrary, every employment is employment "at will.". B.) governments wanted it. Some environmental regulations (like forbidding the burning of coal in cities) benefit each and every one of us because the air we all breathe is cleaner. The use of one's official position for what always raises moral concerns and questions? property Externalities are Is the speaker's "toughness" in the second part convincing? property is a moral right. Robert Nozick uses the Wilt Chamberlain story to show the importance of economic re-distribution. Bystander apathy appears to result in part from diffusion of responsibility. False, Due process requires specific and systematic means for workers to appeal discharge or disciplinary decisions. B.) C.) the United States is in trouble. C.) if a person comes into possession of a holding through a legitimate transfer, then, morally speaking, she or he deserves that holding. employers must make "reasonable accommodations" for disabled workers. private property. False, During the Industrial Revolution, the Luddites blamed the rise of new technologies for the loss of their jobs and wanted to destroy it. True Business must be sensitive to its impacts on the physical environment primarily because of the. A.) A.) D.) employers must be careful to "screen" out disabled persons, According to David Ewing, two factors explain the absence of civil liberties and the prevalence of authoritarianism in the workplace. only new products, not established products, need to be tested. True Big Data has been used impact decisions such as who goes to prison or who gets insurance. According to David Ewing, two factors explain the absence of civil liberties and the prevalence of authoritarianism in the workplace. It requires the EPA or other body to determine the most effective, feasible pollution-control technology for each different industry. B.) ", The hiring process needs to include screening, testing, and. philosophers and business theorists disagree whether corporations are moral agents. )loyalty. Inbreeding refers to longevity on a job or with a firm. . The real question is how to get the highest quality product. C.) let the games begin. B.) they are regulated by the Federal Trade Commission. The courts and the general public find corporate responsibility
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