Management Chapter 4 Exceptional Erudition.

3. If an act is not illegal, it must be ethical. a. True b. False False 4. The moral agent is the individual who must make an ethical choice in an organization. a. True b. False True 5. The utilitarian approach to ethical decision making sidesteps debates about what is right, good, or just and bases decisions on prevailing standards of the profession and the larger society, taking the interests of all stakeholders into account. a. True b. False False 6. Most ethical dilemmas in business involve a conflict between stakeholders and shareholders. a. True b. False False 7. The ethical concept that acts are moral when they promote the individual's best long-term interests and assumes that will ultimately lead to the greater good is known as the moral rights approach.