Business 1-5

Front

What is the first step in making responsible decisions?

Back

Determine the facts of the situation

Front

_________ occurs when a manager becomes so involved in the technical aspects of decisions that one loses sight of the ethical aspects.

Back

Normative myopia

Front

Business/economic decisions and ethical decisions are mutually exclusive.

Back

False

Front

_________   _______________ occurs when decision makers fail to notice gradual changes over time.

Back

Change blindness

Front

People sometimes make decisions they later regret because they lack the courage to do otherwise at that time. True or False?

Back

True

Front

Employees at both Enron and Wells Fargo were reluctant to stand up against dishonesty due to the  culture of __________ and fear that characterized upper management.

Back

intimidation

Front

__________ include all of the groups and/or individuals affected by a decision, policy, or operation of a firm or individual.

Back

Stakeholders

Front

Within a business setting, individuals must consider the ethical implications of both personal and  _________  decision making.

Back

professional

Front

___________  ___________ are the differences in how individuals experience and understand situations can explain many ethical disagreements.

Back

perceptual differences

Front

Ethics refers to how human beings should properly live their lives.

Back

true