LEB 320F Ethics Quiz Questions and Answers All Correct
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LEB 320F Ethics
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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...
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
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