ch3 - ch3 1. An ethical dilemma does not arise when a...

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ch3 1. An ethical dilemma does not arise when a person has to decide between two different courses of action, knowing that whichever course he or she chooses will result in harm to one person or group even while it may benefit another. True False 2. "Moral scruples" are thoughts and feelings that tell a person what is right and wrong. True False 3. Laws and ethics are fixed principles. True False 4. Laws change and even disappear as ethical beliefs change. True False 5. Stakeholders supply a company with its productive resources. True False 6. Customers are stakeholders of an organization, but managers are not. True False 7. The SEC's goal is to turn many actions that were previously classified as only unethical into illegal behavior in the near future. True False 8. Suppliers have no rights to expect anything except their bills being paid from an organization they are doing business with. True False 9. Customers are often regarded as the most important stakeholder group. True False 10. The local communities in which an organization operates are generally not considered to be true stakeholders of the organization. True False 11. All stakeholders benefit in the long run from companies making the right choices. True False 12. Under the utilitarian rule, an ethical decision is a decision that best maintains and protects the fundamental or inalienable rights and privileges of the people affected by it. True False 13. Typically, in a capitalist society, the interests of employees are placed above the interests of shareholders. True False 14. Under the moral rights rule, an ethical decision is the one that distributes benefits and harms among people and groups in a fair, equitable, and impartial way. True False 15. From a moral rights perspective, managers should compare alternative courses of action on the basis of how each will affect the rights of each stakeholder group. True False 16. Under the moral rights rule, decisions that protect the rights of some stakeholders often hurt the rights of others. True False
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17. Under the justice rule, managers should determine fair rules and procedures from distributing outcomes to stakeholders. True False 18. "An ethical decision is one that a typical person in a society would think is acceptable" is a statement that reflects the justice rule. True False 19. The "practical rule" ensures that managers are taking into account the interests of all stakeholders. True False 20. The pursuit of self-interest is the most important foundation upon which a society can operate. True False 21. A society's ethics are derived solely from the written values and norms of the society that address how people should interact with one another.
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This note was uploaded on 04/20/2011 for the course MHR 301 taught by Professor Sharif-zadeh during the Winter '07 term at Cal Poly Pomona.

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ch3 - ch3 1. An ethical dilemma does not arise when a...

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