Management
1. Which of the following statements best illustrates the view of “utilitarianism”?
I. From each according to his abilities, to each according to his needs.
II. The risk reasonably to be perceived defines the duty to be obeyed and risks imports relation; it is risk to another or to others within the range of apprehension.
III. An action is right when maximizing welfare and total well-being.
IV. Individuals should pursue his or her own self-interest, even at the expense of others.
2. The best example of a source for virtue ethics for a business is newspapers articles about the corporation. the corporate mission statement. the documentation in human resources justifying the hiring of new staff. the resumes of the members of the board of directors and the officers.
3. Which of the following statements is INCORRECT regarding the rights of shareholders?
I. voting power on major issues and ownership in a portion of the company
II. right to transfer ownership and dividend entitlement
III. hire and fire management and select and appoint a chief executive
4. Assuming a business ethical dilemma, which statement best illustrates Gilligan approach suggested in her theory of “The Ethics of Care”? care and responsibility to others 5. The Ethic of Care is
Answer
A set of rules that explain how to prioritize those people affected by a decision so that a utilitarian analysis can be done successfully. A set of universal principles, which applied evenly to all decisions will result in fairness and equity in ethical decisions. The idea that we should all make decisions under the assumption that we don’t know our station in life, that we could be the person most negatively impacted by the decision. A set of principles that encourage decision makers to look at human relationships as a primary motivator for a decision.
6. Under the legal doctrine of “employment at will” an
I. From each according to his abilities, to each according to his needs.
II. The risk reasonably to be perceived defines the duty to be obeyed and risks imports relation; it is risk to another or to others within the range of apprehension.
III. An action is right when maximizing welfare and total well-being.
IV. Individuals should pursue his or her own self-interest, even at the expense of others.
2. The best example of a source for virtue ethics for a business is newspapers articles about the corporation. the corporate mission statement. the documentation in human resources justifying the hiring of new staff. the resumes of the members of the board of directors and the officers.
3. Which of the following statements is INCORRECT regarding the rights of shareholders?
I. voting power on major issues and ownership in a portion of the company
II. right to transfer ownership and dividend entitlement
III. hire and fire management and select and appoint a chief executive
4. Assuming a business ethical dilemma, which statement best illustrates Gilligan approach suggested in her theory of “The Ethics of Care”? care and responsibility to others 5. The Ethic of Care is
Answer
A set of rules that explain how to prioritize those people affected by a decision so that a utilitarian analysis can be done successfully. A set of universal principles, which applied evenly to all decisions will result in fairness and equity in ethical decisions. The idea that we should all make decisions under the assumption that we don’t know our station in life, that we could be the person most negatively impacted by the decision. A set of principles that encourage decision makers to look at human relationships as a primary motivator for a decision.
6. Under the legal doctrine of “employment at will” an