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1) A code of ethics in an organization
D) can create consensus regarding ethical principles.
2) About 50% of workers surveyed admitted to engaging in at least oneunethical act during the previous year. They believed ethical dilemmas could be reduced by
B) better communication and a serious commitment by managers to establish ethical standards of conduct.
3) Whichof the following is not one of the key ethical approaches to making business decisions?
B) Democratic approach
4) Which approach to ethical decision making is referred to as the "calculus ofpain"?
A) Utilitarianism
5) Jeremy's ethical decision making is guided primarily by his belief that his self-interests should be promoted as long as he doesn't harm others. What approach to ethicaldecision making does Jeremy use?
C) Individualism
6) If Megan believes that she cannot engage in a course of action if it deprives other individuals of their fundamental human rights, whichapproach to ethical decision making best describes Megan?
D) Rights approach
7) Which type of justice asks whether an employee received compensation equitable with performance?
A) Distributive
8)Which approach to ethical decision making tends to be more flexible?
D) Justice
9) The individualism approach to ethics reflects a ________ concern for individuals and a ________ degree ofeconomic freedom.
C) high; high
10) A formal statement of ethics and values that is designed to guide employee conduct in a variety of business situations is
B) a code of ethics.
11) Which of thefollowing is not considered a stakeholder?
D) Economy
12) In response to the Tylenol crisis in the 1980s, one factor Johnson & Johnson found helpful in effectively responding was
A) theircorporate credo.
13) Those groups or individuals with a vested interest in the performance of a firm are referred to as
B) stakeholders.
14) A large company facing complex ethical issues in...
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