Question 1

In the context of the decision-making model drawn heavily from the thoughts of Joseph L. Badaracco Jr., identify the correct statement regarding the question, "Which course of action is feasible?"

Accepted Answer

In the context of the decision-making model drawn heavily from the thoughts of Joseph L. Badaracco Jr., the question, "Which course of action is feasible?" draws from Machiavellian thought and it recognizes that ethics and morality must be practical. This requires the decision maker to honestly assess his actual power within the organization.

Question 2

"Which course of action does the most good and the least harm?" This is one of the questions to be asked by managers while making an ethical decision according to the decision-making model drawn heavily from the thoughts of Joseph L. Badaracco Jr. Discuss the nature and purpose of this question.

Accepted Answer

The answer of "Which course of action does the most...

Question 3

Which of the following statements is true of conscious capitalists?

Accepted Answer

Conscious capitalists do not distinguish making profits from ethical behavior. Instead, they believe that business is good because it creates economic value and is ethical because it derives its strength from voluntary exchange that ultimately benefits all of society.

Question 4

Explain Kantianism.

Accepted Answer

The answer of Explain Kantianism....

Question 5

Suppose you work for an apparel manufacturing company that has a factory in a small rural town in Michigan. The apparel manufacturing factory is the town's primary source of income. The company has placed you in charge of investigating the firm's decision to move the factory to El Salvador. If the company moves its manufacturing to El Salvador, it can produce apparel at a much lower cost. Explain what a modern rights theorist would consider under these circumstances.

Accepted Answer

The answer of Suppose you work for an apparel manufacturing...

Question 6

Explain the theory of utilitarianism.

Accepted Answer

The answer of Explain the theory of utilitarianism....

Question 7

Explain the theory of allocational efficiency. Describe some of the criticisms levied against the theory.

Accepted Answer

The answer of Explain the theory of allocational efficiency. Describe...

Question 8

Law may not be up to the task of forcing corporations to engage in ethical behavior for a number of reasons, including that:

Accepted Answer

Law may not be up to the task of forcing corporations to engage in ethical behavior for a number of reasons. First, it is not certain that all corporations will respond to the threat of financial penalties. Second, corporations are powerful forces in determining the content and enforcement of laws. Third, the law can respond only to dangers that are apparent to society as a whole. Fourth, sometimes corporations seem to behave irrationally, thereby destroying the deterrent value of legal restrictions.

Question 9

Specific, reform-based proposals for changes in management structure include:

Accepted Answer

Some reformers argue that the best way to produce more responsible corporate behavior is to squarely confront the shift in power away from shareholders and directors to the corporation's managers. This requires making fundamental changes in the corporation's internal management structure. Specific proposals for accomplishing this end include licensing requirements for holding certain corporate positions (e.g., certain educational requirements for safety engineers).

Question 10

A corporate manager looking for ethical guidance that neither the law nor social norms accounts for must rely on:

Accepted Answer

Until corporate critics are able to construct an ethical system capable of earning a broad social consensus, a corporate manager seeking ethical guidance unavailable from either the law or the marketplace must rely on his or her individual conscience.

Quiz 3: Business Ethics and Corporate Social Responsibility