Ch13 - Chapter 13Making Ethical and Managerial Decisions...

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Chapter 13—Making Ethical and Managerial Decisions MULTIPLE CHOICE 1. According to Learning from Experience: The Ethics of Jim Sinegal, Cofounder and CEO of Costco, Sinegal believes in a. cutting costs through wages b. being on a first-name basis with everyone c. a tall hierarchy d. avoiding growth ANS: B PTS: 1 DIF: Moderate REF: p. 389-390 NAT: AACSB Ethics | Ethical Responsibilities MSC: Recall 2. According to Learning from Experience: The Ethics of Jim Sinegal, Cofounder and CEO of Costco, Wall Street tends to chide the company for a. cutting costs too much b. paying employees too much c. its large warehouses d. its flat structure ANS: B PTS: 1 DIF: Moderate REF: p. 389-390 NAT: AACSB Ethics | Ethical Responsibilities MSC: Recall 3. All of the following statements about ethical decision are true except: a. Ethics is defined in terms of the legality or illegality of the decisions and behaviors of individuals and the organizations of which they are a part. b. Most decision making and behaviors in organizations have an underlying foundation of ethical concepts, principles, and rules. c. Employees may experience ethical dilemmas when ethical issues involve factors that blur the distinction between "right" and "wrong." d. Five key foundations of ethical decision making are: ethical intensity, decision-making principles and rules, affected individuals, benefits and costs, and determination of rights. ANS: A PTS: 1 DIF: Moderate REF: p. 390-391 OBJ: 13-1 NAT: AACSB Ethics | Ethical Responsibilities MSC: Comprehension 4. The key foundations of ethical decision making are: a. ethical intensity and decision-making principles and rules b. magnitude of consequences, probability of effect, and determination of rights c. ethical intensity, decision-making principles and rules, affected individuals, benefits and costs, and determination of rights d. ethical intensity, decision-making principles and rules, probability of effect, and determination of rights ANS: C PTS: 1 DIF: Moderate REF: p. 391 OBJ: 13-1 NAT: AACSB Ethics | Ethical Responsibilities MSC: Recall 5. A key foundations of ethical decision making is: a. decision-making principles and rules b. determination of rights c. benefits and costs
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d. all of these would be considered among the key foundations of ethical decision making ANS: D PTS: 1 DIF: Easy REF: p. 391 OBJ: 13-1 NAT: AACSB Ethics | Ethical Responsibilities MSC: Recall 6. ____ refers to the degree of importance given to an issue-related moral imperative. a. Social consensus b. Risk propensity c. Ethical intensity d. Problem framing ANS: C PTS: 1 DIF: Easy REF: p. 392 OBJ: 13-1 NAT: AACSB Ethics | Ethical Responsibilities MSC: Recall 7. Ethical intensity is determined by the combined impact of: a. eight factors b. six factors c. three factors d. two factors ANS: B PTS: 1 DIF: Moderate REF: p. 392 OBJ: 13-1 NAT: AACSB Ethics | Ethical Responsibilities MSC: Recall 8. Ethical intensity is determined by the combined impact of: a. magnitude of consequences, probability of effect, social consensus, temporal immediacy,
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Ch13 - Chapter 13Making Ethical and Managerial Decisions...

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