a just or fair ethical decision occurs when course hero

What is a just or fair ethical decision?

A just or fair ethical decision occurs when the benefits and burdens are distributed equally Sets found in the same folder global business in society ch 4, 5, 6 test 135 terms jess_hermosillo Ethics Chapter 3

How are the benefits and burdens of ethical and unethical decision-making distributed?

Benefits and burdens are distributed in fair proportions. The reason(s) behind the uncertainty of an ethical or unethical decision is (are) that different people and groups: May honestly and genuinely use different sources of information.

Which two values are present in most ethical decisions?

Both of these answers are correct: Human rights and constitutional guarantees of human dignity; and universal principles of justice. All of the following values are present in most ethical decisions except: Be fair and just. Be kind. Act responsibly. Be honest. Be kind. Business managers need a set of ethical guidelines to help them:

What are the reasons behind the uncertainty of an ethical decision?

The reason(s) behind the uncertainty of an ethical or unethical decision is (are) that different people and groups: May honestly and genuinely use different sources of information. May rank various rights in different ways. May not share the same meaning of justice. All of these answers are correct. All of these answers are correct.

When the benefits of an action outweigh its costs, the action is considered ethically preferred according to: "The

When the benefits of an action outweigh its costs, the action is considered ethically preferred according to: Utilitarian reasoning. * Utilitarian reasoning primarily considers: The end results of an action. The main drawback to utilitarian reasoning is that:

Why is ethical behavior important?

Most people want to act in ways that are consistent with their own sense of right and wrong., Ethical behavior protects business firms from abuse by unethical employees and competitors.and Society's stakeholders expect it from businesses. Often essential in conducting business.

Why are benefits and burdens distributed equally?

* The reason (s) behind the uncertainty of an ethical or unethical decision is (are) that different people and groups: May honestly and genuinely use different sources of information, May rank various rights in different ways and May not share the same meaning of justice.

What is the definition of right and wrong?

A conception of right and wrong is: The definition of ethics. People's ethical beliefs come from: Their religious background, family, and education. People everywhere depend on ethical systems to tell them whether their actions are: Right or wrong. Businesses are expected to be ethical in their relationships with: ...

What is required under the Sarbanes-Oxley Act?

Under the Sarbanes-Oxley Act, corporations are required to: Have executives vouch for the accuracy of a firm's financial reports. * The Sarbanes-Oxley Act: Requires executives to pay back bonuses based on earnings that are later proved fraudulen.

When is an action ethically preferred?

According to utilitarian reasoning, an action is ethically preferred when its benefits outweigh its costs. T or F. True. Business managers should use all four methods of ethical reasoning—virtues, utility, rights, and justice—to better understand ethical issues at work.

What is the Justice Department investigating?

The Justice Department launches an investigation of the firm's pricing practices. Senior-level managers signal to employees that they believe ethics is a high priority. A consumer hot line is created and staffed 24 hours a day. Senior-level managers signal to employees that they believe ethics is a high priority.

What are the values of ethical decision making?

be respectful. Business managers need a set of ethical guidelines to help them. identify and analyze the nature of an ethical problem. When the benefits of an action outweigh its costs, the action is considered ethically preferred according to.

Where do people's ethical beliefs come from?

People's ethical beliefs come from. their religious background, family, and education. People everywhere depend on ethical systems to tell them whether their actions are. right or wrong. Businesses are expected to be ethical in their relationships with. stockholders, customers, competitors.