Exam (elaborations)
MBA 645 Final Questions And Answers Latest Update
- Course
- MBA 645
- Institution
- Southern New Hampshire University
MBA 645 Final Questions And Answers Latest Update
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Solution 2024/2025Pepper
MBA 645 Final Questions And Answers Latest
Update
reason to study business ethics ANS✔✔ Ethical concerns are as unavoidable
in business as are concerns of marketing, accounting, finance, and human
resources.
Formal study of business ethics helps address these concerns so that
businesses can integrate ethics in their decision-making.
are ethics and ethos the same thing ANS✔✔ no
legitimate challenges to utilitarian ethical theory (theres 4) ANS✔✔ There is
no consensus among utilitarians on how to measure and determine the
overall good.
It is difficult to know how to consider the consequences for all the parties
that will be affected by an act.
It is difficult for the utilitarian to find a balance between individual freedom
and the overall good.
The more utilitarians emphasize freedom, the more likely they hold more
relativistic accounts of the good.
The development of habits that will lead one to live a meaningful and happy
life are known as: ANS✔✔ virtue ethics
Principle-based ethics (aka deontological ethics) do or do not allow the
sacrifice of individual rights if the overall good demanded it.?
, Solution 2024/2025
Pepper
Individuals have rights that shouldd or should not be sacrificed even to
increase collective good? ANS✔✔ do not; should not
t/f: Virtue ethics is prescriptive in offering advice on how we should live our
lives. ANS✔✔ true
____________ is a challenge to Milton and Freedman's. ANS✔✔ Stakeholder
theory cannot answer the question as to how, exactly, a manager should go
about balancing the diverse and competing claims of all parties
Milton Friedman recognized that there are limits to _________ ANS✔✔ a
company's pursuit of profits.
Norman Bowie claims that one of the moral obligations of a firm is to
provide _________ for employees, however, since _________ can be defined as
nothing more than what employees say it is, what constitutes _____________
is a subjective and individualistic definition of work.
We cannot identify what is ____________ ANS✔✔ meaningful work;
The following are challenges to the economic model of corporate social
responsibility: ANS✔✔ Business's only responsibility is to maximize profit
within the law, and in so doing, fulfills its role within a market system which,
in turn, serves the greater overall social good.
The "costs" of pollution are typically borne by parties external to the
economic exchange, so free market exchanges cannot guarantee optimal
results.
Important ethical and policy questions can be missed if policy decisions are
left solely to the outcome of individual decisions.
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