According to integrated social contracts theory,the ethical standards a company should try to uphold:
A) are governed by the school of ethical universalism.
B) are governed both by (1) a limited number of universal ethical principles that are widely recognized as putting legitimate ethical boundaries on actions and behavior in all situations,and (2) the circumstances of local cultures,traditions,and shared values that further prescribe what constitutes ethically permissible behavior.But universal ethical norms always take precedence over local norms.
C) are governed by each country's Code of Required Ethical Conduct,which sets forth that each individual/group/business/organization has a "social contract" to observe the ethical and moral standards that the country has adopted.
D) should be determined by the company's moral managers.
E) should never be absolute but rather always provide some wiggle room according to the circumstances of the situation.
Correct Answer:
Verified
Q20: Which one of the following statements about
Q22: Which one of the following is NOT
Q26: Short-termism is defined as:
A) making assessments of
Q27: Unethical managerial behavior tends to be driven
Q28: The litmus test of a company's code
Q28: The contention that ethical standards should reflect
Q29: When managers take advantage of their position
Q30: When high ethical principles are deeply ingrained
Q31: Which of the following is NOT a
Q33: Senior executives can ensure compliance with the
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents