LES 305 Koretz Exam 1 Graded A+
Question: Blanchard and Peele
CORRECT ANSWER : Is it legal? Is it balanced? How does
it make me feel?
Question: Divine Command Theory
CORRECT ANSWER : Ethical standards are based upon
religious beliefs
Question: Ethical Egoism
CORRECT ANSWER : we all act in our own self interest
and limit our judgments to our own conduct, not the conduct of others
Question: Laura Nash
CORRECT ANSWER : (1) Have you defined the problem
accurately? (2) How would you define the problem if you stood on the other side of the fence? (3) How did this occur in the first place? (4) To whom and what do you give your loyalties as a person and as a member of the corporation? (5) What is your intention in making this decision? (6) How does
this intention compare with the likely results? (7) Whom could your decision or action injure? (8) Can you engage the affected parties in a discussion of the problem before you make your decision? (9) Are you confident that your position will be as valid over a long period of time as it seems now?(10) Could you disclose without qualm your decision or action to your boss, your CEO, the board of directors, your family, or society as a whole? (11) What is the symbolic potential of your action if understood? If misunderstood? (12) Under what conditions would you allow exceptions to your stand?
Question: Categories of Ethical Dilemmas
CORRECT ANSWER : a. Taking things that don't belong to
you. b. Saying things you know are not true. c. Giving or allowing false impressions. d. Buying influence or engaging in conflicts of interest. e. Hiding or divulging information. f.Taking unfair advantage. g. Committing acts of personal decadence. h. Perpetrating interpersonal abuse. i. Permitting organizational abuse. j. Violating rules. k. Condoning unethical conduct. l. Balancing ethical dilemmas.
Question: Steps to Follow for Analyzing an Ethical Dilemma
CORRECT ANSWER : 1. Make sure you have a grasp of all
of the facts available. 2. List any information you would like to have but don't and what assumptions you would have to make, if any, in resolving the dilemma. 3. Take each person involved in the dilemma and list the concerns they face or might have. 4. Develop a list of resolutions for the problem. 5.Evaluate the resolutions for costs, legalities, and impact. 6.Make a recommendation on the actions that should be taken.
Question: Enlightened Self-interest School of Social
Responsibility
CORRECT ANSWER : advises managers to be more
responsive to the larger society
Question: Inherence School of Social Responsibility
CORRECT ANSWER : Advises managers to serve
shareholders and to act only with shareholders' interests in mind.
Question: Invisible Hand School of Social Responsibility
CORRECT ANSWER : Role of business is to serve larger
society and it does so best when serving shareholders only.
Question: Common Law
CORRECT ANSWER : laws adopted from England which
are now judicially present in the U.S.
Question: Criminal Law
CORRECT ANSWER : wrongs against society that are
enforced by the government
Question: stare decisis
CORRECT ANSWER : let the decision stand
Question: appellate court
CORRECT ANSWER : a court of review that reviews the
trial court proceedings for errors of law and procedure