QUESTIONS AND CORRECT ANSWERS| GRADED A+ |2025 LATEST
VERSION | 100% VERIFIED
What situation best describes application of utilitarianism in business when doing company
layoffs? - (answer)Minimizing the harm to those who are laid off
In what time period did organizations begin to place more focus on the view that humans have a
unique value as employees? - (answer)Era of Economic Globalization
The Universal Declaration of Human Rights attempted to meet which main goal? - (answer)To
find ethical standards that cross cultural boundaries
When considering the invisible hand theory, what idea was most prevalent? - (answer)Self-
interest
What type of asset is goodwill? - (answer)Intangible asset
What did the Enlightenment period attempt to do? - (answer)Separate ethics from religion
When making an ethical decision, what does the term "means" apply to? - (answer)How we will
do something
What are considered to be the tools or behaviors you employ to achieve a desired outcome? -
(answer)Means
, What does the business judgment rule mean? - (answer)Managers of a corporation cannot be sued
for losing money as long as their decisions were made in good faith.
Assume La'porsha feels a sense of pride when they see customers enjoying the products their
company produces.
What type of motivator is this? - (answer)Intrinsic
What has been a major driver of change in the relationship between business and culture? -
(answer)The purpose of business is no longer only about creating wealth.
What was Confucius's way of establishing order? - (answer)Self-regulation
What does unanimity of acceptance mean in social justice theory? - (answer)The idea that all
should agree to a contract before it is put into place
What did Aristotle mean when he used the term eudaimonia? - (answer)Happiness
What did Kant call the inherent duty to act ethically? - (answer)Categorical imperative
How might an organization obtain customers based on its CSR? - (answer)Focus on the broader
context as a member of society
What is it called when a person takes stock of what is to be gained and lost in a decision? -
(answer)Cost-benefit analysis
Which case helped shift the idea that corporations should pursue only the maximization of
shareholder value? - (answer)Shlensky v. Wrigley