The ________ prompts companies to encourage senior officers of public companies to
act ethically in their dealings with shareholders, employees, and
... [Show More] other constituents. -
ANS-Sarbanes-Oxley Act of 2002
You have entered into a contract with a business partner. Ultimately, it turns out that the
contract will cause your own business to lose money.
According to _____________, it would be your moral duty to abide by the contract you
entered even though it will be detrimental to you. - ANS-Kantian Ethics
You are an employee of a large food manufacturing company that produces products
under many different brands. In the course of the ethics training you are required to
undergo as an employee of the company, you learn about various federal laws
governing your industry. You also learn that your company has breached several of
those laws.
You may sue the company on behalf of the federal government under
_______________. - ANS-the False Claims Act (Whistleblower Statute)
You are the owner of an oil company that was responsible for an oil tanker crossing the
ocean toward the Gulf of Mexico. The ship ran aground and spilled 90 million gallons of
oil, causing damage to at least 40 miles of the coastline. Your company financed the
spill cleanup efforts and compensated those who were injured by the oil spill.
Under the theory of ___________, your company has met its duty of social
responsibility. - ANS-moral minimum
Federal and state laws prohibit murdering another person. If a person murders another
person, then he is violating federal and state laws, and ethics would also prohibit
murdering another person.
The intertwined nature of ______________ is/are represented by this scenario. - ANSethics and the law
You are the owner of a steam-engine manufacturing company. In recent years, the
market for your product has declined, and you must close one of your plants. It is now
time to decide whether you should close a plant that has been unprofitable and is
located in a small community.
________________ would require you to weigh the benefits to the shareholders from
closing the plant against the benefits to the employees, their families, and the
community from keeping it open. - ANS-utilitarianism
__________ is/are a set of moral principles or values that governs the conduct of an
individual or group. - ANS-ethics
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