Personal compass regarding right or wrong is called

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Reference no: EM131753785

1. In business decision ethics, the environment and the law are not factors.

True

False

2. A doctrine or system regarding one’s personal compass regarding right or wrong is called

Ethics

Deontology

Morality

Moral philosophy

3. The area of ethics that is concerned with supplying and justifying a coherent moral system of thinking and judging is called

Normative ethics

Descriptive ethics

Business ethics

Virtue ethics

4. The minimum standard of ethical behavior can be thought of as

Following the Golden Rule

Adhering to the law

Living according to religious principles

Avoiding punishment

5. The normative questions of ethics is

What is

What ought to be

How we get from what is to what ought to be

What is our motivation

6. The key operating questions of amoral management is

Can we make money with this action, regardless of what it takes?

Will this action be fair to all stakeholders?

What effects will this action have on our stakeholders?

Can we make money with this action?

7. Which of the following is not a source of a manager’s vales that is external to the firm?

Religion

Philosophy

Scientific

Legal

Reference no: EM131753785

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