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Download LES 305 Exam 1 Clark Updated Exam | Latest Questions and Verified Answers and more Exams Ethics in PDF only on Docsity!
Blanchard and Peele - Correct Answer Is it legal? Is it balanced? How does it make me feel? Divine Command Theory - Correct Answer Ethical standards are based upon religious beliefs Ethical Egoism - Correct Answer we all act in our own self interest and limit our judgments to our own conduct, not the conduct of others Laura Nash - Correct Answer (1) Have you defined the problem accurately? (2) How would you define the problem if you stood on the other side of the fence? (3) How did this occur in the first place? (4) To whom and what do you give your loyalties as a person and as a member of the corporation? (5) What is your intention in making this decision? (6) How does this intention compare with the likely results? (7) Whom could your decision or action injure? (8) Can you engage the affected parties in a discussion of the problem before you make your decision? (9) Are you confident that your position will be as valid over a long period of time as it seems now? (10) Could you disclose without qualm your decision or action to your boss, your CEO, the board of directors, your family, or society as a whole? (11) What is the symbolic potential of your action if understood? If misunderstood? (12) Under what conditions would you allow exceptions to your stand? Categories of Ethical Dilemmas - Correct Answer a. Taking things that don't belong to you. b. Saying things you know are not true. c. Giving or allowing false impressions. d. Buying influence or engaging in conflicts of interest. e. Hiding or divulging information. f. Taking unfair advantage. g. Committing acts of personal decadence. h. Perpetrating interpersonal abuse. i. Permitting organizational abuse. Enlightened Self-interest School of Social Responsibility - Correct Answer advises managers to be more responsive to the larger society Inherence School of Social Responsibility - Correct Answer Advises managers to serve shareholders and to act only with shareholders’ interests in mind. Invisible Hand School of Social Responsibility - Correct Answer Role of business is to serve larger society and it does so best when serving shareholders only. Common Law - Correct Answer laws adopted from England which are now judicially present in the U.S. Criminal Law - Correct Answer wrongs against society that are enforced by the government stare decisis - Correct Answer let the decision stand appellate court - Correct Answer a court of review that reviews the trial court proceedings for errors of law and procedure Attorney-Client Privilege - Correct Answer An attorney cannot disclose statements or information given by the client. Federal circuits - Correct Answer Geographic groupings of the federal district courts for purpose of appellate jurisdiction. Federal District Courts - Correct Answer trial court of the federal system Long-arm statutes - Correct Answer Statutes in each state that allow the courts to bring in defendants from outside the state so long as they have some “minimum contact" with the state. Minimum contracts - Correct Answer Standard used for determining in personam jurisdiction over residents outside the state of the court of litigation; nonresident defendants must have some relationship with the state to justify a court taking jurisdiction. Remand - Correct Answer When an appellate court sends a case to the a trial court for retrial or other proceeding as the result of the appellate court's decision. Reverse - Correct Answer action of an appellate court changing the decision of a lower court 
