WGU Ethical Leadership - C206
"subtle" bribe - correct answer-gifts or entertainment provided by company representatives
3 factors to ethical awareness - correct answer-(1) if they believe that their peers will
consider it to be ethically problematic
(2) if ethical language is used to present the situation to the decision maker
(3) if the decision is seen as having the potential to produce serious harm to others
American Institute of Certified Public Accountants (AICPA) - correct answer-National and
professional organization for CPAs, has a code of conduct for members and a mission that
includes establishing and enforcing conduct standards.
Appearance of a conflict of interest - correct answer-when a third party could think your
judgment has been compromised—is generally considered just as damaging as an actual
conflict
benevolence climate - correct answer-the organization is one that "cares" about multiple
stakeholders, including employees, customers, and the broader community and public
bribe or kickback - correct answer-persuade (someone) to act in one's favor, typically illegally
or dishonestly, by a gift of money or other inducement
climate of fairness - correct answer-whether they believe employees are treated fairly every
day, in terms of outcomes (pay, promotions, termination), processes (are processes for
making these important decisions about employees fair, non-arbitrary, and unbiased?) and
interactions (are employees treated every day with dignity and respect?)
Cognative Moral Development - Conventional - correct answer-Stage 3: Interpersonal
Accord, Conformity, Mutual Expectations - Stereotypical "good" behavior. Living up to what is
expected by peers and people close to you.
Stage 4: Social Accord and System Maintenance - Upholding laws and rules except in
extreme cases where they conflict with social duties.
Cognative Moral Development - Post-Conventional or Principled - correct answer-Stage 5:
Social Contract and Individual Rights - Upholding rules because they are the social contract
if they are consistent with values such as fairness and rights and the greater good (not
because of the majority opinion).
Stage 6: Universal Ethical Principles - Following ethical principles of justice and rights.
Acting in accord with principles when laws violate principles.
Cognative Moral Development - Preconventional - correct answer-Stage 1: Obedience and
Punishment Orientation - Obedience to authority for its own sake. Sticking to rules to avoid
punishment.
Stage 2: Instrumental Purpose and Exchange - Following rules only when it is in one's
immediate interest. Right is an equal exchange, getting a good deal.
, Conflict of interest - correct answer-when your judgment or objectivity is compromised
consequentialist theory - correct answer-type of normative ethics that judges an action as
right or wrong by the consequences, utilitarianism is the best known consequentialist theory
corporate social responsibility - correct answer-a management concept whereby companies
integrate social and environmental concerns in their business operations and interactions
with their stakeholders
culture - correct answer-a body of learned beliefs, traditions, and guides for behavior shared
among members of a group
Defense Industry Initiative on Business Conduct and Ethics (DII) - correct answer-1) Adopt a
written code of conduct.
2) Conduct employees' orientation and training with respect to the code.
3) Provide employees a mechanism to express concerns about corporate compliance with
procurement laws and regulations.
4) Adopt procedures for voluntary disclosure of violations of federal procurement laws.
5) Participate in Best Practices Forums.
6) Publish information that shows each signatory's commitment to the above.
deontological theory - correct answer-decisions about what's right on broad, abstract
universal ethical principles or values such as honesty, promise keeping, fairness, loyalty,
rights (to safety, privacy, etc.), justice, responsibility, compassion, and respect for human
beings and property
Dodd-Frank Wall Street Reform and Consumer Protection Act - correct answer-the
Securities and Exchange Commission (SEC) will pay 10 to 30 percent of the amount the
government recovers from financial fraud if the whistleblower provides original information
leading to a recovery of more than a million dollars
economic responsibility - correct answer-primary function of producing goods or services
that consumers need and want, while making an acceptable profit
ethical awareness - correct answer-first step in ethical decision making process
ethical behavior in business - correct answer-behavior that is consistent with the principles,
norms, and standards of business practice that have been agreed upon by society
ethical issues surrounding information technology - correct answer-1. PRIVACY: Does
information's availability justify its use?
2. PRIVACY: How much effort and expense should managers incur in considering questions
of data access and privacy?
3. OWNERSHIP: What can employers expect from employees with regard to nondisclosure
when going to work for another firm?
4. OWNERSHIP: What part of an information asset belongs to an organization and what is
simply part of an employee's general knowledge?
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