Business Ethics
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Which among the following scenarios could result in the business culture becoming a determining factor in ethical decision-making?
Lack of adequate judgment
Ambiguity within laws
Undefined leadership skills
Constancy in profit generation
Which among the following is solely a characteristic of an ethical leader?
Performance within an ethical agenda.
Reinforcing the conduct expected.
Creating standards for behavior.
Using one's institutional role.
From a ______ perspective, agreement on the fundamental rights and their appropriate prioritization is not yet universal.
utilitarian
deontological
social justice
virtue ethics
What might a producer do while considering lost production that results from a trip to the market?
Have a sale for the product
Increase advertising of the product
Increase the price of the products
Hire a retailer for the product
Which among the following is indicative of the ethical concern over alleged benefits obtained through market exchanges?
An informed shopping decision
Internet shopping
Impulse buying
Advertising
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Solution Summary
This solution in question and answer format contains principles associated with business ethics and decision-making.
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Which among the following scenarios could result in the business culture becoming a determining factor in ethical decision-making?
Lack of adequate judgment happens across the spectrum, not just in the business world: therefore the first secnario result in the business culture becoming a determining factor in ethical decision-making
Ambiguity in laws, again occurs across the spectrum of activities in life and therefore it would not result in the business culture becoming a determining factor in ethical decision-making.
Undefined leadership skills are found everyday all across activities and there it would not result in the business culture becoming a determining factor in ethical decision-making.
Constancy in profit generation is specific to the business world and it models of thought and ideals of leadership: it therefore has ...
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