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Question
The basic premise of agency theory is that
A. Shareholders and managers have similar interests that need to be managed
B. Managers always work in the interest of shareholders
C. Shareholders cannot control top managers
D. There is no conflict between shareholders and managers
E. The interests of shareholders may not necessarily coincide with the interests of top managers
Answer
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Related questions
Q:
This refers more specifically to the norms and values that guide organizational members when faced with ethical dilemmas
A. Organizational culture
B. Ethical value
C. Work climate
D. Caring climate
E. Dependent Ethical climate
Q:
Organizations having a(n)...see their organizational unit as having norms and expectations that encourage ethical decision-making from an egoistic perspective
A. Independent ethical climate
B. Caring climate
C. Instrumental ethical climate
D. Dependent ethical climate
E. None of the Above
Q:
These codes focus on broad virtuous themes such as Be honest, Show integrity in all matters, Practice wise decision making, etc
A. Inspirational-Idealistic codes
B. Regulatory codes
C. Educational/Learning-Oriented codes
D. Idealstic Codes
E. Egoistic codes
Q:
To the degree that an entity has expectations that its members will follow codes like the Hippocratic Oath, refers to
A. Work climates
B. Ethical climate
C. Egoist climates
D. Law and code climate
E. Ethical codes
Q:
...Represent the shared perceptions of procedures, policies, and practices, both formal and informal, of the organization?
A. Work climates
B. Ethical climate
C. Principled climates
D. Egoist climates
E. Ethical codes
Q:
Compare and contrast ethical relativism with ethical universalism.
Q:
What is a formalized public statement that articulates the rules and regulations that will guide organizational practices with ethical consequences?
A. The code of ethics
B. The articles of incorporation
C. The bylaws
D. Ethical universalism
E. Ethical relativism
Q:
Which of the following is FALSE regarding women workers and their rights?
A. Women workers provide the bulk of labor in developing nations in export oriented sectors
B. Women workers are paid lower wages than men
C. Women are often paid low wages in poor working conditions
D. Women do not enjoy any benefits from joining the workforce
E. None of the above is true
Q:
What is an ethical viewpoint based on the assumption that there are no objective and universal moral standard?
A. Ethical relativism
B. Ethical universalism
C. Ethical standard
D. Individualism
E. Masculinity
Q:
High universalism means:
A. People value achievement
B. People are more ambitious because they expect to be treated fairly
C. People have high materialistic tendencies
D. People value their own person freedom
E. None of the above
Q:
High individualism means:
A. People value achievement
B. People are more ambitious because they expect to be treated fairly
C. People have high materialistic tendencies
D. People value their own person freedom
E. All of the above
Q:
Which of the following definitions refers to stakeholder engagement?
A. The deliberate and purposeful process a company has devised to work with its stakeholders
B. The degree to which a company needs to respond to stakeholder needs
C. The use of symbolic and other resources to force a company to accommodate stakeholder needs
D. The deliberate attempt of a company to actively seek its stakeholders inputs to better deal with their needs and also improve their operations.
E. The use of force to work with stakeholders
Q:
Definite stakeholders have:
A. Power
B. Urgency
C. Both power and urgency
D. Neither power nor urgency
E. Only legitimacy
Q:
Compare and contrast Kantian ethics and utilitarianism. How can they be combined to make more ethical decisions?
Q:
In the Ford Motors case, what did engineers decide not to include on their Ford Pinto production to cut costs, that cut costs and brought about an ethical issue?
A. Flame resistant tires
B. Seat belts
C. Air bags
D. Rear blinkers
E. Rubber baldder in the gas tank
Q:
Which of the following is an advantage of virtue ethics?
A. Employees who do things out of their moral ideals are ore likely to be trusted then those simply following rules
B. Employees with virtue ethics are more likely to understand what ethical behavior should be performed.
C. Individuals engage in virtue ethics are more motivated to make moral decisions
D. All of the above
E. None of the above
Q:
In what way (s) is utilitarian ethics advantageous for organizational decision making?
A. Helps to guage the impact of organizational decisions
B. Forces decision-makers to consider both costs and benefits
C. It doesn't provide any preference to any specific groups affected by decisions
D. All of the above
E. None of the above
Q:
Which stage is more of a theoretical stage of Kohlberg's theory, that very few people actually attain?
A. Universal ethical stage
B. Expectation of others stage
C. Principled stage
D. Self-interest stage
E. None of the above
Q:
At which stage of Kohlberg's thoery does the decision-maker determine whether an action is right based on universal ethical principles that everyone should follow
A. Principled stage
B. Rules and laws stage
C. Universal ethical stage
D. Expectation of other stage
E. Self-interest stage
Q:
The more idealistic an individual is,
A. The higher the concern for the welfare for himself and the higher the desire to minimize harm to others.
B. The higher the concern for the Welfare for others and the lower the desire to minimize harm to others.
C. The lower the concern for the welfare for himself and the higher the desire to minimize harm to others.
D. The lower the concern for the Welfare for othersand the lower the desire to minimize harm to others
E. None of the above
Q:
According to Kohlbergs theory, the stage where an individual determines right or wrong based on the impact of the consequences of actions on significant others, is the
A. First stage of moral development
B. Second stage of moral development
C. Third stage of moral development
D. Fourth stage of moral development
E. None of the above
Q:
You have been asked to decide whether you should close a plant or not. Discuss how you would apply utilitarian ethics to make the decision. How would use of Kantian ethics help you make the decision?
Q:
Moral intensity is dependent on how many different elements?
A. Five
B. One
C. Six
D. Three
E. Eight
Q:
According to Banaji et al. (2003), in-group favoritism occurs because people tend to favor those individuals who share similar
A. School
B. Social class
C. Religion
D. None of the above
E. All of the above
Q:
When a company justifies dumping toxic pollutants in a river because the wildlife destroyed by the act may not be seen as worth saving because they are seen as sub-humans, the company is engaging in
A. Dehumanization
B. Moral disengagement
C. Moral justification
D. Advantageous comparison
E. Moral indecision
Q:
refers to the process by which someone reasons about how to deal with an ethical situation
A. Unethical Behavior
B. Moral awareness
C. Ethical Awareness
D. Moral Judgment
E. None of the above
Q:
is defined as any actions that violate accepted societal norms.
A. Unethical Behavior
B. Moral awareness
C. Ethical Awareness
D. Moral Judgment
E. None of the above
Q:
Which of the following is a situation that has no right or wrong answer?
A. Corporate social responsibility
B. Business ethics
C. Ethical dilemma
D. Stakeholder Theory
E. None of the above
Q:
Which of the following can benefit from good company ethics:
A. Employees
B. Customers
C. Suppliers
D. Investors
E. All of the above
Q:
The view that shareholders have a right to control and earn profits represents which business ethics approach
A. Corporate social responsibility
B. Occupational fraud
C. Stakeholder theory
D. Stockholder theory
E. None of the Above