The Sarbanes Oxley Act marked an important advance for several reasons one of which is that it. A.) Morality in the broad sense is the set of moral rules you obey. A.) D.) when people refuse to patronize companies that handle products of struck companies. freedom of religion. a shrinking trade deficit. C.) French and Indian War C.) I like it easy advertising depends on the wants of the consumer. Rather than strong work ethic, a more commonly seen role is: Which of the following is true regarding utilitarian beliefs? philosophers and business theorists disagree whether corporations are moral agents. The case of MacPherson v. Buick Motor Car in 1916 changed product liability law. an employer's financial capabilities are irrelevant to the question of fair wages View the full answer. C.) the division of labor, though good for the firm, reduces overall efficiency. Fair personnel policies and decisions must be based on criteria that are clear, job related, and. All for one and one for all. C.) social responsibility. social utility is irrelevant to issues of justice, John Rawls' Theory of Justice lays within which type of tradition? its initial steady state, use the Solow model to explain what happens to the economy over time and in the long their shareholders are entitled to their share of the company's profits as soon as they are ascertained or determined. B.) kevin anderson obituary. there are no natural, Lockean rights. Compare and contrast the third and fifth excerpts from Addison's essays with Sir Francis Bacon's essay "Of Marriage and Single Life" (page 467). the rise of personnel engineering and professional management Good moral judgments should be logical and. puffery. D.) Professional codes are the rules that are supposed to govern the conduct of members of a given profession, Ethical relativism supports the theory that: Drug testing can only be defensible when there is a legitimate interest at stake and that the steps the business is taking to protect that interest are reasonable and morally permissible. The code or principles of conduct that a person accepts One of these is that questions. travel abroad. D.) leisure time activities, To the libertarians, their concept of liberty includes a commitment to affirmative action violates the principle of equality. adopted the principle of strict liability. when in doubt, one should ignore one's conscience. Labor is alienated in a capitalist economic system (in part) because the labor of a worker stands opposed to the worker as an autonomous power. attention and recognition can enhance worker productivity and motivation. A sympathetic strike occurs when workers who have no particular grievance of their own and who may or may not have the same employer decide to strike in support of others. C.) The idea that incorporation is a by-product of the people's right to associate, not a gift from the state. 5. Choose the factual precept concerning wages: a fair wage presupposes a fair work contract. is based on hedonism. freedom of religion, Many utilitarians would argue that The 1947 Taft-Hartley Act forbids individual states from outlawing union shops. Imagine a shopkeeper who is honest because being honest is good for business. An employer's financial capabilities affect what constitutes a fair wage scale for that employer's employees. C.) an action that leads to unhappiness is morally right if any other action that you could have performed instead would have brought about even more unhappiness. I like it easy, In contrast to traditional manufacturers, many companies have become hollow corporations who One of the chief concerns of nepotism is the disregard of managerial responsibilities to the organization and of fairness to other employees. C.) one group would be supportive of another group benefiting even though the rules are different. Assuming the economy starts in corporations don't need moral codes. The id is the basic, primal part of personality; it is present from birth. Consider a onetime change in government policy that immediately and A.) Tests are designed to measure the applicants's skills in verbal, quantitative, and Some advertising and promotions managers work more than 40 hours per week. B.) Question 6 Since Congress passed the Americans with Disabilities Act in 1994,: a) all disabled persons must be hired. True Moral ideal definition: An ideal is a principle, idea, or standard that seems very good and worth trying to. Which of the following is an accurate statement about modifications to common law from the Wagner Act of 1935? has helped to create a high-pressure environment conducive to fraud. True Labor historians generally consider the Knights of Labor (K of L), established in 1869, as the first truly national trade union. C.) fairness, impartiality, duty, and rights states that sometimes the consequences of our actions can be morally relevant. we shouldn't rely uncritically on what our conscience says. A.) This approach to health promotion is synonymous with health education as it aims to increase individuals' knowledge about the causes of health and illness. True A.) One of the chief concerns of nepotism is the disregard of managerial responsibilities to the organization and of fairness to other employees. the buying or selling of stocks (or other financial securities) by business "insiders" on the basis of information that has not yet been made public and is likely to affect the price of the stock. U.S. companies have a history of paying off foreign officials for business favors. they are formed simply by an agreement entered into among their members. D.) increased worker participation in industrial life is beneficial. differs from nonconsequentialism because nonconsequentialism denies that consequences have any moral significance. Forty percent of millennials expect promotions every one to two . C.) people in the original position choose the principles on the basis of self-interest. D.) The great 19th century utilitarians, Jeremy Bentham and John Stuart Mill, believed that pleasure and happiness were different things. Adam Smith proposed that in our pursuit of economic interests we are led by B.) D.) moral standards must be set or validated by some authoritative body, The benefits within moral standards are best seen in which statement? True CorrectAnswer: hostilit y. If the interest rate is zero, then $100 to be paid in 10 years has a present value that is a. less than$100. Some environmental regulations (like forbidding the burning of coal in cities) benefit each and every one of us because the air we all breathe is cleaner. The ethical thought of German philosopher Friedrich Nietzsche (1844-1900) can be divided into two main components. favoritism. Revolutionary War B.) impartial. C.) profit sharing. A.) In particular, suppose it rises permanently from L\bar{L}L to L\bar{L}^{\prime}L. When religion and morality are considered: designing effective regulations is difficult. D.) lack of experience, Since Congress passed the Americans With Disabilities Act in 1994 D.) established the Food and Drug Administration. D.) logic. fewer "hollow" corporations. The first principle of Nozick's entitlement theory concerns the original acquisition of True we can predict with certainty the future consequences of our actions. greater material consumption. Defenders of advertising claim that, despite criticisms, advertising enjoys protection under the First Amendment as a form of speech. Professional codes of ethics provide a complete and reliable guide to one's moral obligations. A.) Adam Smith defends capitalism by appealing to the idea of a natural, moral right to property. b. adopted the principle of caveat emptor. False, The phrase "the declining marginal utility of money" means that successive additions to one's income produce, on average, less happiness or welfare than did earlier additions. D.) for Americans, only good health is more important than work, According to Marx, the best economic system would be one where the means of production and distribution are in the hands of the bourgeoisie. A. The argument for due care is basically Kantian. "Groupthink" is a positive and necessary . is the best guarantee of a company's long-term performance. The concept of the "invisible hand" means Nozick's libertarian theory proposes D.) win the lottery, Which of the following is an accurate statement? compassion, intellect, and patience. This statement is an example of "quid pro quo" and "hostile work environment", Employers have the right to fire an employee who performs inadequately, but the should do so, As they try and fir into work dominated by white men, women, and minorities can be disadvantaged by, Prejudice attitudes, stereotypes, and false preconceptions, Believe women and men should be paid on the same scale for doing equivalent jobs and different jobs involving equivalent skill, effort, and responsibility, Conflicts of interest may exist when employees have financial investments, in suppliers, customers, or distributors with whom their organizations do business, To be successful any test used by a corporation must be, a lack of job satisfaction can create mental health problems, The most plausible argument AGAINST affirmative action, The Sarbanes Oxley Act marked an important advance for several reasons one of which is that it, makes it illegal for executives to retaliate against employees who report possible violations of federal law, U.S. companies have a history of paying off foreign officials for business favors. D.) an action can't be right if the people who are made happy by it are outnumbered by the people who are made unhappy by it. A.) Bunches2510105. In Citizens United v. Federal Election Commission, the U.S. Supreme Court ruling included . A.) liberty is of little or no importance compared to equality. C.) positive and negative. Within a capitalist economic system, the activity of labor is an end in itself and, as a result, has intrinsic value. A.) Inbreeding refers to longevity on a job or with a firm. Me - first makes it illegal for executives to retaliate against employees who report possible violations of federal law. D.) effects, ideals, and obligations, A key idea of Immanuel Kant's ethical theory is that: Underline each reflexive pronoun and circle each intensive pronoun. The real question is how to get the highest quality product. B.) The superego works to suppress the urges of the id and tries to make the ego behave morally, rather than realistically. PROMPT: Is there a difference between seeing and knowing? D.) modern corporations no longer utilize a CID structure. A.) C.) they must be publicly registered or in some way officially acknowledged by the law. A bribe is remuneration for the performance of an act that is inconsistent with the work contract or the nature of the work one has been hired to perform. C.) monopolies control almost all areas of economic life. Asked 4/27/2015 10:10:23 AM. True Inbreeding refers to longevity on a job or with a firm. C.) Nonconsequentialists deny that consequences have any moral significance. A) loyalty. workers are alienated from their products, but not from themselves or other people. Bystander apathy appears to result in part from diffusion of responsibility. The key moral ideal in promotions is. The FTC now follows the "modified" ignorant consumer standard and protects only those cases of foolishness that are committed by significant numbers of people. a right is an entitlement to act or to have others act in a certain way, Supererogatory actions are Fair Packaging and Labeling Commission. Fatigue and stress is less of a health problem than it used to be. A sympathetic strike occurs when workers who have no particular grievance of their own and who may or may not have the same employer decide to strike in support of others. Before the case of MacPherson v. Buick Motor Car in 1916, injured consumers could recover damages only from the retailer of the defective product. False, Immanuel Kant believed that it is only when we act out of feeling or sentiment that our actions have moral worth. Nietzsche's Ethics. A.) consumers don't want further legal regulation, Which of the following is one of the three arguments in favor of narrow corporate social responsibility discussed in this chapter? stockholders. testimonials of other customers. the reasonable consumer standard. B.) Human Resources - Ch1 Quiz The Nature of Huma, Fundamentals of Engineering Economic Analysis, David Besanko, Mark Shanley, Scott Schaefer, Alexander Holmes, Barbara Illowsky, Susan Dean, Fundamentals of Financial Management, Concise Edition. actions that we are morally required to do, all things considered. based on religion. D.) common defense of capitalism is the argument that people have a fundamental moral right to property and that our capitalist system is simply the outcome of this natural right, One reason for believing that in practice capitalism fails to live up to A.) A.) C.) the United States is in trouble. D.) In state welfare capitalism the government plays an active role in regulating economic activities in an effort to smooth out the boom-and-bust pattern of the business cycle. A.) One of these is that moral standards must be set or validated by some authoritative body Three approaches have gained the most attention when it comes to achieving our environmental goals: the use of regulations, incentives, and pricing mechanisms. C.) is the view that the best way to promote our own self-interest is to sometimes be selfish. B.) Americans value work more than Japanese do. It is the quest to understand and live a life of moral character. C.) There is a complete list of adequacy criteria for moral judgments that philosophers all agree on. industrialization does away with alienation. C.) discriminatory employment practices due to strict constructionist interpretations of the Constitution Federal Drug Administration Agency. the corporate invasion of employees' civil rights is rampant. 7-What are current employees earning for comparable work. D.) If wages conform with the law, they are fair wages. B.) A.) D.) Consequentialism says that the moral rightness of an action is determined solely by its results. fairness. The best statement to describe corporations is 1 The Gospel calls us to be peacemakers. A.) A survey of 200 students is selected randomly on a large university campus. D.) hurts stock prices. In particular, comment on what happens to the level and growth rate of per capita GDP. The terms best, finest, and most are examples of. C.) prefer their own production base and not a network of small operators both foreign and domestic. fairness. True 10 AddisonBaconSubjectMatterTone\begin{array}{|l|l|l|} \hline people should not attempt to coerce others, The example of Huckleberry Finn shows D.) we have no obligation to promote general welfare, Consequentialism a negative right is a right to receive certain benefits. a blessing in disguise in inflationary times. C.) morality permits each of us a sphere in which to pursue our own plans and goals. & \text{NPV per Bunch} & \text{Cost per Bunch} & \text{Max. BLANK is when online content can be reproduced without loss of value and in such a way that the originator or holder of the information would not notice. active and passive. A.) Prudential reasons are reasons that refer to the interests of others and the demands of morality. Americans place no value on work, only on money. As a general rule, the burden is on an organization to establish the legitimacy of infringing on what would normally be considered the personal sphere of the individual. World War I In other words, if you sell high quality products at a good price, then you should expect the best products for your customer. C.) biased. To properly protect consumers, C.) Industrial capitalism is characterized by pools, trusts, holding companies and an interpenetration of banking, insurance and industrial interests. the moral compass within each of us. only new products, not established products, need to be tested. False, According to Marx, when workers are alienated they are not truly free. B.) The puppy scared itself by watching its shadow. has helped to create a high-pressure environment conducive to fraud. Mercantile capitalism emerged in the United States in the period directly following the civil war. liberty. Question 13 2 out of 2 points Which statement is true about the hiring and employment process? C.) clothing D.) Within a capitalist economic system, the activity of labor is an end in itself and, as a result, has intrinsic value. Which of the following is one of those reasons? Psych 101 Chapter 6. B.) production depends upon wants. \text{Subject Matter} & \text{ } & \text{ }\\ \hline C.) the moral permissibility of our actions depends entirely upon their consequences. Momentum for the corporate organization of business really gained momentum after which war? philosophers and business theorists disagree whether corporations are moral agents. B.) The consumer's main source of product information is D.) individuals are morally entitled to take other's property, Talk of justice and injustice typically focuses on: B.) corporate and private. utilitarianism doesn't require us to sacrifice as much as we should to help other people. capitalism requires private ownership of the major means of production. Home; About Us; Contact Us; Specials; Search; Showrooms; Links; Questions or Comments?