100.
To increase profitability, top management of a national retailer needs to decide if it will
close several stores. Management knows that by closing the locations, it will save the
company millions of dollars and benefit many stockholder groups and individuals,
compared to keeping those stores open and benefiting fewer people. This logic is an
example of the ___ approach.
101.
Local livestock farmers could allow the runoff of manure nutrients into a stream that feeds
a local lake because this helps farmers in the short term. However, farmers will act
ethically in the short run to avoid harming others in the long run because this is also in the
farmer’s best long-term interests, is reflected by the _____ approach to deciding ethical
dilemmas.
102.
With recent reports of identity theft, Mr. Jones, the CEO of a construction company, is
concerned about his employees’ privacy, and because of recent accidents on the job, he is
also worried about the safety of his workers. Mr. Jones’s concerns with privacy and health
and safety are outlined in the _____ approach to deciding ethical dilemmas.
103.
The justice approach to deciding ethical dilemmas is guided by _____.
104.
When Bernard Madoff used money from newer investors to pay off older ones, this was an
example of ____.
105.
Greg, the president of an IT company, purchased a large number of shares of company
stock before the news of a new revolutionary computer processor was made public that
will cause company profits to increase considerably. This action by Greg could be
considered an example of _____.
106.
The Sarbanes-Oxley Act of 2002 established requirements for ____, and for
noncompliance, penalties of ______.
107.
Jane, a successful store manager, leads her employees by encouraging them and showing
that she genuinely believes in them, and she encourages group and team efforts. Jane
manages at Kohlberg’s _____ level of personal moral development.
108.
Don has managed several restaurants for over 50 years and is close to retirement. With his
maturity, his decisions are sound, based on solid, proven values. Don tends to be an
independent thinker who focuses on empowering his employees. Don manages at
Kohlberg’s ______ level of personal moral development.
109.
The employees of Mom’s Pizza, a local pizza restaurant, feel that the owners and
managers really try to follow the ethical policies outlined in their company’s code of ethics.
Pete, a cook, said that “Just today, Joe, our manager, called our supplier to let them know
we received an extra case of tomatoes that we did not pay for. And they do this type of
thing almost every day.” Mom’s Pizza maintains a(n) _____.
110.
A formal written set of ethical standards guiding an organization’s actions is a(n) ____.
111.
Phillip said to a dear friend, “I am fed up with my company’s continual disregard for human
life and the environment. They just continue to secretly dispose of hazardous chemicals
into a nearby stream. I don’t know how they get away with it! I am going to tell somebody
today.” Phillip’s decision to tell somebody about his company’s actions is an example of
a(n) ______.
112.
As the CEO of a company that produces products for schools, Hannah feels that her
company needs to not only produce a profit but also do things that benefits society. This
type of company attitude is an example of ____.
113.
After more than 100 years in business, Don, the president of a successful family-owned
company, wants to give back to the people of the community for the many years of
success that they have given to my father and me. He decides to donate a significant
portion of profits to a charity every year. What Don’s company is doing is an example of
___.
114.
Sustainability is economic development that ____.