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    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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    https://brainmass.com/business/business-philosophy-and-ethics/business-ethics-259348

    Solution Preview

    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 ...

    Solution Summary

    This solution in question and answer format contains principles associated with business ethics and decision-making.

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