Ethics and business

Practical reason is concerned with matters of fact and their explanation of value while theoretical reason
is concerned with matters of value abd their explanation.

False

There are five types of ethical standards: utilitarian, rights, fairness or justice, common good, and virtue.

True

The theory of social responsibility and ethics only applies in a group context.

False

Ethics is the ideology about right and wrong in the workplace distinguished by social notions of the
moral actions of people.

Select one:

a. True

The approach of social responsibility is based on a system of ethics, in which decisions and actions must
be ethically ratified before proceeding.

Select one:

a. True

The words and deeds of someone will be in agreement with the ethical standards of the company when
a person has a low degreee of integrity.

False

Only Managers are obliged to make decisions in the business environment every day.

False

Maintaining social responsibility within an organization ensures the integrity of society and the
environment are protected.

Select one:

a. True

Laws can never be morally wrong or unethical.

Select one:
a. False

Practical reason tries to gauge the way things are while theoretical reason determines how the world
should be and what individuals should do.

Select one:

a. False

Intelligent and good-hearted people all share the same values and hold similar opinions about which
values should abound.

False

The character approach is the most familiar since most ethics education is based on character.

False

Rule utilitarianism is usually deemed as the most natural interpretation of the utilitarian ideal.

False

Rule utilitarianism emphasizes the specific situations and the many individual features of the
circumstances that offer moral problems, and it presents a simple method for addressing these
individual cases.

False

People using the principle approach often ask such questions as "What's the bottom line?" "What effect
will this have?" "What good will this bring about?" and "Will this help in the long run?"

False

The character approach analyzes a person's or group's intentions, inclinations, and motives and then
creates a moral judgment of the person's or group's character.

Select one:

True

The virtue framework addresses the elements of individual characters and disposition which deepen
one's humanity and engender one's relationships with other.

Select one:

True

Rule utilitarianism mainly poses the question "What effect would everyone's doing this action have on
the general balance of good over evil?"
Select one:

True

An utilitarianism generally asks the question "What effect will this act have in this situation on the
general balance of good over evil?"

Select one:

True

It follows that if people neglect their duties, then other people’s rights may be neglected.

Select one:

True

is an internal system of principles which guide your behavior with intrinsic benefits.

Integrity

It results from focusing on failures.

Inattentional blindness

Managers are not accountable for the ethical conduct of their subordinates. This is made possible by
making sure employees are aware of the code of ethics of the organization and have the opportunity to
validate and clarify their misunderstanding.

Select one:

a. False

______ provide relevant insight for our ethical choices.

Feelings

This approach suggests that linked relationships of society are the foundation of ethical reasoning and
that reverence and concern for all others are conditions of such grounds.

Common Good Approach

The essence of business ethics extends beyond employee loyalty and morale or the strength of a
leadership bond.

a. True

It emphasizes that human beings have basic rights and liberties that cannot be taken away by decision.
Select one:

a. Rights Approach

It is a principle that seeks to do the most good and restrict the amount of harm for each individual.

Mali ang utilitarian

Which of the following is TRUE about ethics?

Select one:

a. Ethics is not a religion.

The Rule of 7 states that for every individual you minus to a group beyond seven, decision effectiveness
declines by 10 percent.

True

Some traditions are relatively ethical, but others become corrupt or oblivious to certain ethical manners.

True

Business ethics is an instrument organizations use to guarantee managers, directors, or executive

officers act responsibly in different business situations.

True

Employees make better decisions efficiently without a governing standard.

False

______ espouses that moral behavior generates the greatest good for the vast majority.

The Utilitarian Approach

It suggests that linked relationships of society are the foundation of ethical reasoning and that reverence
and concern for all others are conditions of such grounds.

The Common Good Approach

Normative myopia

Mali ang all answer are correct /occurs when decision-makers fail to see gradual changes over time.

There is a vital relationship between integrity and ethics.

Select one:

a. True
is a concept that individuals should be compensated for the damages of their injuries by the liable party
and that individuals should not be held responsible for matters over which they have no control.

Mali ang compensation

Inattentional blindness

results from focusing on failures.

It is the shortsightedness of values.

Normative myopia

It regards the moral judgments about right and wrong.

Mali ang morality

The more difficult the ethical choice we have to make, the more we need to avoid difficult people and
situations.

False

The Virtue Approach is ethical actions consistent with beliefs and habits that enable us to act according
to the best of our character and on behalf of values like honesty and truth.

True

Making sensible ethical choices does not require an understanding of ethical issues.

False

Operating a business in an entirely ethical way builds a stronger bond between individuals in leadership
positions that further creates stability within the company.

Select one:

a. True

Ethics refers to

standards of behavior that tell us how people should act in the many situations in which they find
themselves.

The reputation of a business from other businesses, the community, and investors is important in
determining whether a company is a beneficial investment.

Select one:

a. True
Beauty, empathy, courage, generosity, patience, love, loyalty, integrity, justice, self-control, and
prudence are all examples of virtues. Terminal values refer to preferable modes of behavior.

Select one:

a. True

Acting and reflecting on the outcome is the last step to ethical decision-making.

True

It maintains that moral decisions must be based on standards of equity, fairness and impartiality.

c. The Fairness Approach

An old approach to ethics is that ethical actions should not be consistent with certain virtues that
provide for the full development of humankind.

Virtue Approach

It is the applied ethics discipline that focuses on the moral aspects concerning business activity.

Mali ang Bussines ethics

Working for an organization does not require following an ethical framework when making decisions.

Select one:

a. False

is a concept that holds that different treatment of people should not be based on arbitrary
characteristics.

Mali ang Distributive

Ethical decision-making seeks to benefit the company as a whole, instead of allowin just one individual
gain from business decisions.

True

Vital decisions are easy to make with many people. Different personalities interfere with reason and
argument.

Select one:

a. False

Employees make better decisions efficiently without a governing standard.

False

Beauty, empathy, courage, generosity, patience, love, loyalty, integrity, justice, self-control, and
prudence are all examples of virtues. Terminal values refer to preferable modes of behavior.

True

Getting the facts is the first step to ethical decision-making.

False

Managers are

Select one:

a. All of the answers are correct.

The Answer Mali ang The fairness approach

approach ocuses on the ideal characteristics required for promoting employees for the company.

Only the management is obliged to make decisions in the business environment every day.

False

It occurs when decision-makers fail to see gradual changes over time.

Mali ang Normative myopia

Decisions taken within an organization may be made by individuals or groups, but whoever makes the
decisions will be affected by the culture of the company.

True