100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
LEB 320F Ethics Quiz Questions and Answers All Correct $12.59   Add to cart

Exam (elaborations)

LEB 320F Ethics Quiz Questions and Answers All Correct

 3 views  0 purchase
  • Course
  • LEB 320F Ethics
  • Institution
  • LEB 320F Ethics

LEB 320F Ethics Quiz Questions and Answers All Correct How did mark-to-market accounting lead to the Enron scam? - Answer-deals were not being completed so more uncompleted deals were being stated on the accounts receivable to cover-up and this continued to the extent that it appeared Enron was...

[Show more]

Preview 2 out of 7  pages

  • September 10, 2024
  • 7
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • LEB 320F Ethics
  • LEB 320F Ethics
avatar-seller
Scholarsstudyguide
LEB 320F Ethics Quiz Questions
and Answers All Correct
How did mark-to-market accounting lead to the Enron scam? - Answer-deals were not
being completed so more uncompleted deals were being stated on the accounts
receivable to cover-up and this continued to the extent that it appeared Enron was doing
really well when in reality none of the deals were becoming cash assets

What is the focus of agents of capital? - Answer-making money

What is the focus of agents of society? - Answer-environment, social causes, the
community

What is a social enterprise? - Answer-middle ground between corporations being
agents of society and capital, focus on doing something good while also making money

Explain the F1 "Grid Girls" case. - Answer-"Grid Girls" are being replaced by "Grid Kids"

Did the decision to change to kids working as brand ambassadors include the "Grid
Girls"?
response by a "Grid Girl" was that she enjoyed her job and now it was being taken away
from her

What are the intentions of introducing children into the F1 world? Is it appropriate?

Explain the ethical case concerning La Croix. - Answer-there are numerous flavors of La
Croix but all the cans display the same ingredients "carbonated water, natural flavor"

the word "natural" is undefined by the FDA, no one really knows what is inside of a can
of La Croix...
the real question is why?

What is utilitarianism? - Answer-an ethical theory that is committed solely to the purpose
of promoting the greatest good for the greatest number

an example of a consequentialist theory

What is the deontological view of ethics? - Answer-ethics is rule based, an overarching
standard of moral behavior that rules and people cannot make exceptions of
themselves

, What is virtue ethics? - Answer-focuses on the actor attempting to become a virtuous
person in all aspects

ex. do you want to be known as the man who murdered another man? even if the man
was a criminal?

acceptability heuristic - Answer-people judge if decision is right in terms of if it will be
acceptable to their superiors

confirmation bias - Answer-search for information that supports a conclusion and ignore
evidence that contradicts a conclusion

moral distance - Answer-the farther a person is located from the impact of
consequences of his or her actions, the easier it is to act immorally

What are the 6 rationalization strategies? - Answer-1. denial of responsibility
2. denial of injury
3. denial of victim
4. social weighting
5. appeal to higher loyalties
6. metaphor of the ledger

denial of responsibility - Answer-the actors engaged in corrupt behaviors perceive that
they have no there choice than to participate in such activities

denial of injury - Answer-the actors are convinced that no one is harmed by their
actions, hence the actions are not really corrupt

denial of victim - Answer-actors counter any blame for their actions by arguing that the
violated party deserved whatever happened

social weighting - Answer-actors assume two practices that moderate the salience of
corrupt behaviors:
1. condemn the condemner
2. selective social comparison

appeal to higher loyalties - Answer-actors argue that their violation is due to their
attempt to realize a higher-order value

metaphor of the ledger - Answer-actors rationalize that they are entitled to indulge in
deviant behaviors because of their accrued credits (time and effort) to their jobs

What is pre-scripting? - Answer-thinking about what you would do in advance in an
ethical situation

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller Scholarsstudyguide. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $12.59. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

67096 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$12.59
  • (0)
  Add to cart