The following are the requirements for the process of making ethical decisions, except O a. Act consistently and apply moral convictions to daily behavior with consciousness O b. Collect and evaluate information, develop alternatives, and foresee potential consequences and risks for competency O c. Competition to take quick decision with no basis of norms O d. Do the right thing regardless of the cost with commitment

The following are the requirements for the process of making ethical decisions, except O a. Act consistently and apply moral convictions to daily behavior with consciousness O b. Collect and evaluate information, develop alternatives, and foresee potential consequences and risks for competency O c. Competition to take quick decision with no basis of norms O d. Do the right thing regardless of the cost with commitment

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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15- All of the following statements are requirements for the process of making ethical decisions, except ______ . a. Act consistently and apply moral convictions to daily behavior with consciousness b. Collect and evaluate information, develop alternatives, and foresee potential consequences and risks for competency c. Competition to take quick decision with no basis of norms d. Do the right thing regardless of the cost with commitment
Apply an Ethical Framework and determine the best ethical approach to use for deciding two ethical cases. Purpose: Give students the opportunity to develop a framework for making ethical decisions when faced with work dilemmas Assignment Description: Read the following cases on the Markkula Ethics website and make a recommendation using the following guidelines: Identify the stakeholders involved in the case. Suggest some possible solutions to the issues described in the case. Identify challenges that various stakeholders may encounter with your suggested alternatives. Apply the information on the “Approaches to Ethical Decision Making” from the Markkula website to determine the best approach for each of the cases.https://www.scu.edu/ethics/ethics-resources/ethical-decision-making/ Present your recommended solutions in written form. Cases: Off the Clock https://www.scu.edu/ethics/focus-areas/more/engineering-ethics/engineering-ethics-cases/off-the-clock/ The Case of the Performance…
Dena, an employee at AAA Company, perceives that while she contributes the same effort and skills to theorganization as her colleague John, she receives lower pay. This is an example of ---- for Dena. A) overpayment inequity.(B) instrumental inequity.(C)distributive equity.(D) underpayment inequity.
What sort of actions is most likely to be attributed to external causes? O a. Actions that have high distinctiveness, high consensus, and high consistency O b. Actions that have high distinctiveness, high consensus, and low. consistency Oc. Actions that have high distinctiveness, low consensus, and low consistency d. Actions that have low distinctiveness, low consistency, and high consensus
Which of the following statements is correct? Managers may operate in the stockholders' best interests, but they may also operate in their own personal best interests. As long as managers stay within the law, there simply are not any effective controls that stockholders can implement to affect managerial a.decision making. Given the multi-owner nature of most large corporations, the agency costs associated with perquisite consumption are not really b. a problem. The potential for agency problems is greatest when individual stockholders own extremely small proportions of the companies c. and managers have little, if any, of their own wealth tied up in these companies. d. Managers rule out any potential conflicts of interest with the shareholders by selling the firm's stock to outsiders. An agency relationship exists when one or more persons hire another person to perform some service but withhold decision- e.making authority from that person.
In a situation of conflict of interest, making a good decision requires all of the following except a. Negligence b. Impartiality c. Objectivity d. Fairness
Based on the BP Deepwater Horizon case, which of the following best characterizes BP CEO Tony Haward’s handling of the Deepwater Horizon crisis? a. Hayward failed to authentically express concern and remorse in the early days of the disaster and made several missteps that hurt BPs reputation. b. Hayward demonstrated strong crisis management skills by thoroughly communicating the steps and procedures that would be followed to stop the oil spill and prevent additional spills in the future. c. Hayward spent too much money and resources on addressing the oil spill, as the funds would have been better spent as a dividend for shareholders. d. Hayward made a good strategic decision to invest in a public relations campaign to influence local residents impacted by the oil spill. e. Hayward developed strong relationships with several key stakeholders, including the President of the United States, which were important for managing the crisis.
Which of the following option explains the principle of respect for autonomy? a. Impose no decision on anyone and let them make their own decisions b. Honesty in our dealings with other people c. Impose your decision on everyone d. Do not harm others
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Please tutor. I NEED HELP on an essay plan on how to approach this question. can you please help. I am finding this really difficult to make an essay plan. Kirton and Greene (2016) believe that the business case is not an effective basis on which to frame or develop equality policies. They state that the business case encourages only a minimal or compliance approach to equality –sometimes called the ‘short term agenda’. Discuss.
Which of the following is the most accurate statement about the duty of loyalty? A. It obligates people in fiduciary relationships or positions of trust to act with the skill and attention normally exercised by ordinary prudent persons in similar positions. B. It obligates people in fiduciary relationships or positions of trust to act in their own best interest. C. It obligates people in fiduciary relationships or positions of trust to a duty of derivation. D. It obligates people in fiduciary relationships or positions of trust to a act in the best interest of their beneficiary.
Respond the the following in 100 words? Part 1: This list seems to include all the good ethical policies that companies should follow to make moral decisions. While I cannot think of any philosophical takes that would add to the list it is essential to learn and understand these philosophies here in the MBA program as understanding these moral questions means we will be more aware when we are out working in our careers and can have enough skill to make the right ethical decision by growing our "moral muscle" (Brokerhof et al., 2023). Additionally, while the business ethics movement from the 80s had people not engaging in the movement the newest generations are being taught about ethics and this generation will show those that were unwilling to change their ways that making ethical decisions is the best thing they can do for their company (De George, 2006). Part 2: I think this is important as most companies intend to make their money in legit and ethical ways, but some people want to…