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Question
If an arbitrator undertakes an independent investigation into a material matter after the close of hearings without notice to the disputing parties, such an action constitutes misconduct on the part of the arbitrator.
Answer
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Which of the following statements is true of consequentialism?
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B. It views lying as an unethical practice.
C. It is found in the way in which managers use cost-benefit analysis to evaluate alternative courses of action.
D. It is primarily a duty-based view of ethics.
E. It asserts that individuals have rights, and that these rights should not be infringed, even at the expense of society as a whole, because they have an intrinsic moral value to them.
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The primary goal or end of business leaders is to produce a profit. This orientation reflects _____.
A. deontology
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C. consequentialism
D. the Protestant ethic
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A. utilitarianism
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According to the Ethical Norms and Values for Marketers from the American Marketing Association, which of the following ethical values states that a marketer should accept the consequences of the marketing decisions and strategies taken by him or her?
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Most state statutes authorizing voluntary arbitration accept an agreement to arbitrate even if it is oral in form.
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A dispute arises when one party makes a claim that another party denies.
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