WHAT IS THE THEORY OF ETHICAL RELATIVISM?

20 May WHAT IS THE THEORY OF ETHICAL RELATIVISM?

What is the theory of ethical relativism?

A. the theory that there are universal ethical standards that people should adhere to

B. the theory that there are no ethical standards whatsoever

C. the theory that ethical standards are dependent on each particular culture

D. the theory that ethical standards are dependent on the culture’s level of technology and advancement

Question 9 of 20

5.0/ 5.0 Points

In the Integrative Social Contracts Theory, what is the term for moral standards that differ from one community to another?

A. social norms

B. microsocial norms

C. hypernorms

D. communal norms

Question 10 of 20

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__________ include norms we have about the actions we believe are morally right and wrong, as well as the values we place on what we believe is morally good or morally bad.

A. Personal ethics

B. Behaviors

C. Moral standards

D. Social contracts

Question 11 of 20

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_______ stated that businesses are obligated only to the stockholders and that owners have the right to say how the corporation should be run.

A. David Reed

B. James Rachels

C. Milton Friedman

D. Edward Freeman

Question 12 of 20

5.0/ 5.0 Points

In the Integrative Social Contracts Theory, what is the term for moral standards that should be applied to people in all societies?

A. social norms

B. microsocial norms

C. hypernorms

D. macrosocial norms

Question 13 of 20

5.0/ 5.0 Points

How do we stimulate moral development in ourselves?

A. experience difficult ethical decisions ourselves

B. engage in interaction and discussion of moral issues with people around us

C. read about how others have dealt with ethical decisions

D. avoid ethically dubious situations

Question 14 of 20

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The term for the worldwide process by which the economic and social systems of nations become connected is called:

A. connectivity.

B. internationalization.

C. multinationalism.

D. globalization.

Question 15 of 20

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Though business ethics covers a variety of topics, three basic types of issues are:

A. systematic, corporate, and public.

B. systematic, corporate, and individual.

C. individual, group, and social.

D. systematic, corporate, and group.

Question 16 of 20

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_______ consists of all those methods, processes, and tools that humans invent to manipulate and control their environment.

A. Operations

B. Capital knowledge

C. Corporate capability

D. Technology

Question 17 of 20

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_______ is/are not established or changed by authoritative bodies.

A. CSR guidelines

B. Affirmative action plans

C. Ethics of utility

D. Moral standards

Question 18 of 20

5.0/ 5.0 Points

What does the “Loyal Agent Argument” state?

A. An employer would want to be served in whatever ways will advance his or her self-interests.

B. A customer expects to be served in whatever ways will ensure their loyalty to the company or brand.

C. An employee has a duty only to themselves as a loyal agent, and nobody else.

D. Companies will not waste time serving ethical needs because acting ethically does not advance their self-interests.

Question 19 of 20

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What ethical stance should managers adopt when in a foreign country whose laws and culture are different than what they are used to?

A. Judge each case as it comes along.

B. Stick to the higher standards that are typical in their home country.

C. Always follow local practices and laws.

D. Follow their own personal code of ethics.

Question 20 of 20

5.0/ 5.0 Points

What is “stakeholder theory”?

A. Corporate managers are obligated only to the shareholders, and no one else, because they own the corporation.

B. Corporate managers are obligated only to the customers, and no one else, because they are the lifeblood of the corporation.

C. Corporate managers should consider everyone, including outside interests, when making a decision.

D. Corporate managers should consider all groups or individuals who can affect the achievement of an organization’s objectives.