Exam (elaborations)
LES 305 Exam | Questions And Answers Latest {} A+ Graded | 100% Verified
- Course
- Institution
LES 305 Exam | Questions And Answers Latest {} A+ Graded | 100% Verified
[Show more]
Content preview
LES 305 Exam | Questions And Answers Latest {2024- 2025} A+ Graded | 100% VerifiedCompliance with the law meets all ethical standards. True or false? - False
I was just following orders" is a defense in law and a test for ethical behavior. True or false ? - False
Many companies that had been headquartered in the United States have decided to conduct corporate
inversions, in which they sell their assets to a foreign corporation so they can claim a new residence in
that country for corporate tax purposes and avoid paying corporate taxes in the United States. This
action is permissible under which school of social responsibility? a. inherence school
b. enlightened self-interest school
c. invisible hand school
d. social responsibility school - inherence school (it is an action designed to benefit shareholders
exclusively)
With respect to the corporate inversions described above, they are permissible under which ethical
theory? a. primum non nocere.
b. utilitarianism.
c. ethical egoism.
d. Divine Command.
e. None of the answer choices are correct - ethical egoism
What question is missing from this model of the steps for analyzing ethical dilemmas in your book?
i. Gather the facts.
ii. List missing information and your assumptions.
iii. Generate list of alternatives and apply ethical decision-making models.
iv. Evaluate resolutions for cost, legality and impact.
v. Recommend and take action. a. Follow management's code of conduct.
b. Follow your industry's code of conduct.
c. Apply ethical decision-making models.
, d. List each stakeholder's interests (concerns) in the dilemma.
e. Nothing is missing from the model above. - List each stakeholder's interests (concerns) in the
dilemma.
Is there an ethical issue when restaurants and shops give customers discounts, free meals and other
kickbacks in exchange for good reviews on Yelp and other social media websites? a. No. Everyone else is
doing it, so there is no problem.
b. No. This is allowable using utilitarianism.
c. No. Customers can be objective under the circumstances.
d. Yes. This creates a conflict of interest on behalf of the reviewer customers.
e. Yes. This falls in the category of Taking Something that Does Not Belong to You. - Yes. This creates a
conflict of interest on behalf of the reviewer customers.
Committing acts of personal decadence, like driving home drunk after an office holiday party has no
relevance to business ethics. True or false ? - False
Tolerating someone else's unethical actions is not an ethical dilemma since you did not actually commit
any act that is unethical. True or false? - False
The Ice-T case illustrates what can happen when managers don't take shareholders interests into
account when making business decisions. True or false? - True
Cheating on exams is acceptable because
a. "It is not illegal."
b. "It doesn't really hurt anyone."
c. "The system is unfair."
d. None of the above because all are rationalizations. - None of the above because all are
rationalizations
Which of the categories of ethical dilemmas should you be concerned about when you have an
arbitration clause in your employment contract and your employer is the one paying the arbitration
fees? a. Hiding information.
b. Creating false impressions.
The benefits of buying summaries with Stuvia:
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
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
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 oneclass. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $13.48. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
72349 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now