Reference no: EM1393469
1 Today, the term "corporate governance" encompasses:
Answer
Legal restrictions on corporate behavior, particularly from the Sarbanes-Oxley Act.
Moral restrictions on corporate behavior, particularly from company codes of ethics.
A societal expectation that a corporation today must be a "socially responsible" one.
All of the above.
2 Which of the following is NOT an accurate statement?
Answer
One problem with utilitarianism is that there is no principle in the theory to determine how the greater good should be distributed.
The effect of an action on society as a whole always will be an important factor in any utilitarian calculation.
One problem with the Act version of utilitarianism is that it is subject to the rationalization of pre-determined moral judgments.
The Rule version of utilitarianism requires that individual, unique, particular, concrete actions be subject to the utilitarian test.
3 Someone who believes that moral decisions should be made such that the greatest number of people receive the greatest amount of good out of the actions, believes in which moral theory?
Answer
Ethical relativism.
Utilitarianism.
Ethical fundamentalism.
Kantian ethics.
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Explain analytical techniques
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Explain corporate governance
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