BUSINESS ETHICS & BUSINESS FINANCE

As an organizational manager, what is the best way to encourage ethical behaviour in your employees?

• a. Lead by example

• b. Hide difficulty decisions from employees

• c. Ignore unethical behaviour

• a. Have very strict rules in place

What happens if a company makes unsafe products?

• a. The company can improve its profits

• b. The company may have to recall the product and replace it at great expense

• c. The unsafe products can improve the company’s reputation

• d. Customers will accept the unsafe products because they have no choice

Which of the following approaches to ethical decision-making will yield an unethical decision?

• a. Strive to treat people impartially and consistently

• b. Apply existing laws to the situation

• c. Remain within the letter of the law while intending to mislead people

• d. Apply the Golden rule to the situation

The ethical norm of _____ addresses people’s responsibilities to each other

• a. Rights

• b. Caring

• c. Utility

• d. Justice

1.       The theory focus on the person’s actions or the actions of others toward the person.

• a. Ethical theory

• b. Justice theory

• c. Right theory

• d. Philosophical theory

It defines justice as the ideal, morally correct state of things and persons.

• a. Ethical theory

• b. Justice Theory

• c. Right theory

• d. Philosophical theory

Refers to some problem-solving techniques designed to help the practitioner when confronted with dilemmas.

• a. Business

• b. Business ethics

• c. Businesswoman

• d. Business Math

What notion should be at the heart of ethical theory, according to virtue ethics?

• a. Duty

• b. Intrinsic value

• c. Moral character

• d. Pleasure

It is refers to a corporation’s responsibilities or obligations toward society.

• a. Corporate Service Responsibility

• b. Corporate Social Responsibility

• c. Corporate Science Responsibility

• d. Corporate Socio Responsibility

The role of the _______________ is to determine the appropriate capital structure of the company.

• a. VP for Marketing

• b. VP for Finance of the Financial Manager

• c. VP for Production

• d. VP for Administration