BA 300 Exam #1 || 100% Correct Solutions.
What is the text definition of business ethics? correct answers "Behavior that is consistent with
principles, norms, and standards of business practice that have been agreed upon by society" (19)
Business ethics vs. Personal ethics? correct answers Personal Ethics - One's own conscience,
morals, values, beliefs, etc. May sometimes be in conflict with one's own professional role, the
law, etc.
Ethical awareness correct answers Recognizing that a situation/issue is one that raises ethical
concerns and must be thought about in ethical terms
People are more likely to be ethically aware when... correct answers If they believe that their
peers will consider it to be ethically problematic
If ethical language is used to present the situation to the decision maker
If the decision is seen as having the potential to produce serious harm to others
Neutral language can be used to... correct answers Make an unethical action seem less
problematic.
An issue/situation that has the potential to produce a serious harm to others is more likely to...
correct answers Be seen as an ethical issue.
Ethical judgment correct answers Making a decision about what is the right thing to do
Idealism correct answers A person's concern for the welfare of others
Believing that one should always avoid harming others
Relativism correct answers A person's emphasis on ethical principles being dependent on the
situation rather than being applicable to all situations
"It depends..."
First step in moral decision-making is... correct answers Gather the facts.
Second step in moral decision-making is... correct answers Define the ethical issues.
Third step in moral decision-making is... correct answers Identify the affected parties.
Fourth step in moral decision-making is... correct answers Identify the consequences.
Fifth step in moral decision-making is... correct answers Identify the obligations
, Sixth step in moral decision-making is... correct answers Consider Your Character and Integrity
Seventh step in moral decision-making is... correct answers Think Creatively about Potential
Actions
Last step in moral decision-making is... correct answers Check your gut feelings.
What is the relationship between ethics and the law? correct answers What's legal is not always
ethical. And what's ethical is not always legal.
Examples:
Polluting a foreign country may be legal, but it is not ethical.
Racial Discrimination in the past was legal, but it is not ethical.
What is the U.S. Sentencing Guidelines (FSGO)? correct answers Guidelines designed to govern
the sentencing of corporate entities convicted of violating federal law.
How does U.S. Sentencing Guidelines work? correct answers The guidelines consist of a
schedule of fines to be levied against corporate violates that are determined on the basis of the
offense committed and the organization's corporate character as captured by a "culpability score"
To whom do the U.S. Sentencing Guidelines apply? correct answers Corporate entities convicted
of violating federal law
What have been the most significant effects of the U.S. Sentencing Guidelines? correct answers
1. Discourage organizations from mounting a defense against charges brought up against it; They
effectively incentivize organizations to plead guilty, because the level of fines an organization
can receive by going to trial and losing rather than just pleading guilty can be massive.
2. They allow prosecutors to circumvent the organization's attorney-client privilege.
3. It helps prosecutors overcome the presumption of innocence in their cases against individuals.
What are the protections associated with the anti-discrimination laws? correct answers 1.
Prohibits discrimination based on race, religion, sex, color, and national origin.
2. Prohibits discrimination against pregnant women.
3. Prohibits discrimination against 40+ year olds
Prohibits discrimination against the disabled.
Illusion of Control correct answers The general belief that we are really in charge of what
happens
People generally believe they are less susceptible to risk than others because of this illusion
What is the text definition of business ethics? correct answers "Behavior that is consistent with
principles, norms, and standards of business practice that have been agreed upon by society" (19)
Business ethics vs. Personal ethics? correct answers Personal Ethics - One's own conscience,
morals, values, beliefs, etc. May sometimes be in conflict with one's own professional role, the
law, etc.
Ethical awareness correct answers Recognizing that a situation/issue is one that raises ethical
concerns and must be thought about in ethical terms
People are more likely to be ethically aware when... correct answers If they believe that their
peers will consider it to be ethically problematic
If ethical language is used to present the situation to the decision maker
If the decision is seen as having the potential to produce serious harm to others
Neutral language can be used to... correct answers Make an unethical action seem less
problematic.
An issue/situation that has the potential to produce a serious harm to others is more likely to...
correct answers Be seen as an ethical issue.
Ethical judgment correct answers Making a decision about what is the right thing to do
Idealism correct answers A person's concern for the welfare of others
Believing that one should always avoid harming others
Relativism correct answers A person's emphasis on ethical principles being dependent on the
situation rather than being applicable to all situations
"It depends..."
First step in moral decision-making is... correct answers Gather the facts.
Second step in moral decision-making is... correct answers Define the ethical issues.
Third step in moral decision-making is... correct answers Identify the affected parties.
Fourth step in moral decision-making is... correct answers Identify the consequences.
Fifth step in moral decision-making is... correct answers Identify the obligations
, Sixth step in moral decision-making is... correct answers Consider Your Character and Integrity
Seventh step in moral decision-making is... correct answers Think Creatively about Potential
Actions
Last step in moral decision-making is... correct answers Check your gut feelings.
What is the relationship between ethics and the law? correct answers What's legal is not always
ethical. And what's ethical is not always legal.
Examples:
Polluting a foreign country may be legal, but it is not ethical.
Racial Discrimination in the past was legal, but it is not ethical.
What is the U.S. Sentencing Guidelines (FSGO)? correct answers Guidelines designed to govern
the sentencing of corporate entities convicted of violating federal law.
How does U.S. Sentencing Guidelines work? correct answers The guidelines consist of a
schedule of fines to be levied against corporate violates that are determined on the basis of the
offense committed and the organization's corporate character as captured by a "culpability score"
To whom do the U.S. Sentencing Guidelines apply? correct answers Corporate entities convicted
of violating federal law
What have been the most significant effects of the U.S. Sentencing Guidelines? correct answers
1. Discourage organizations from mounting a defense against charges brought up against it; They
effectively incentivize organizations to plead guilty, because the level of fines an organization
can receive by going to trial and losing rather than just pleading guilty can be massive.
2. They allow prosecutors to circumvent the organization's attorney-client privilege.
3. It helps prosecutors overcome the presumption of innocence in their cases against individuals.
What are the protections associated with the anti-discrimination laws? correct answers 1.
Prohibits discrimination based on race, religion, sex, color, and national origin.
2. Prohibits discrimination against pregnant women.
3. Prohibits discrimination against 40+ year olds
Prohibits discrimination against the disabled.
Illusion of Control correct answers The general belief that we are really in charge of what
happens
People generally believe they are less susceptible to risk than others because of this illusion
