In 2017, it came to light that in order to meet its demanding profit target, Wells Fargo put such pressure on its employees to hit sales quotas that many employees responded by fraudulently opening customer accounts. Wells Fargo's ethical lapses are NOT a good example of
A) how certain universal ethical principles apply in those situations where all societies-those endowed with rationality and moral knowledge-have a common moral agreement on what is right and wrong.
B) how, within the boundaries of a social contract, local cultures or groups can specify what additional actions may or may not be ethically permissible.
C) how universal ethical principles or norms leave some "moral free space" for the people in a particular country (or local culture or even a company) to make specific interpretations of what other actions may or may not be permissible within the bounds defined by universal ethical principles.
D) how universal ethical norms always take precedence over local ethical norms.
E) how local ethical norms always take precedence over universal ethical norms.
Correct Answer:
Verified
Q16: The contentions that (1)many of the same
Q17: Ethical principles as they apply to the
Q18: Ethical relativism implies that
A)Concepts of ethically right
Q19: According to the advocates of ethical relativism,
A)if
Q20: A belief in ethical relativism leads to
Q22: Companies that adopt the principle of ethical
Q23: The contention that ethical standards should reflect
Q24: The likelihood of ethical lapses as well
Q25: Senior executives can ensure compliance with the
Q26: Unethical managerial behavior tends to be driven
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