After entries to record direct materials, direct labor, and overhead for October, the companys Goods in Process Inventory account follows. The cost accounting process depends on numerous estimates. They rejected the idea that successful ethical executives are often perceived as ethically neutral. The directory structure consists of top-level and subdirectories, each serving a different purpose. B. descriptive ethics. 1. View Answer. Then, identify the pronoun's use by writing on the line provided SSS for Academia.edu no longer supports Internet Explorer. Offers three, Annabel Lee Text Dependent Questions . As moral manager, the CEO is thought of as the Chief Ethics Officer of the organization, creating a strong ethics message that gets employees' attention and influences their thoughts and behaviors. B. being able to see economic and moral relationships. Which of the following is not one of the major approaches to thinking about business ethics? \text{Units sold this year}\ldots\ldots\ldots & \text{14,000 units}\\ A group of people who represents the interests of a nonhuman species such as the natural environment and does not have a direct stake in the firm is known as, The view of the firm that recognizes just suppliers and customers as stakeholders is the, Stakeholders that are perceived to have high levels of power, legitimacy, and urgency are called, The method by which a firm is being governed, directed, administered, or controlled is, When the interests of management and owners are not aligned, there will likely be a, Directors who have no ties to the firm other than membership on the board are called, A shareholders rights plan aimed at discouraging or preventing a hostile takeover is known as. Q47: Question 12 0 out of 4 points the key operating question of immoral management is selected answer: The key operating question of amoral management is. I n this quest to provide insights into the topic of management ethics, or ethics in management, w e shall first provide an overview of the topic, and then discuss a number of important themes s u c h as: w h y managers should be ethical, ethical issues managers face, models of management morality, ethical decision m a k i n g , and the manager's The key operating question of moral management is. Kindly login to access the content at no cost. Public opinion polls regarding business ethics are. You can download the paper by clicking the button above. Operational risk is defined as the risk of loss resulting from inadequate or failed internal processes, people, and systems or from external events. Corners are cut anywhere and everywhere it appears useful. 'Business' can also mean an entity that offers goods and services for exchange, i.e., that . . C. ethics. C. subprime lending calculations d. can we make money with this action? 3. A. ignoring ethical violations in their own industry. The individual hypothesis regarding ethical management models is. [Samuel_O._Idowu,_Celine_Louche]_Theory_and_Practi(BookFi.org).pdf, Amoral Careerism and " Jumping: " The Role of Avoidance of Knowledge Gaps Exposure, So We Teach Business Ethics-Do They Learn. True b. Question 17 4 out of 4 points An element of moral judgment is all the following except Selected Answer: managerial competence Answers: moral imagination managerial competence moral . Question 24 1 / 1 pts managers who. Moral imagination is: Descriptive ethics is concerned with studying and describing the morality of a particular group of people. Private corporations have not had to recognize employee rights because: The belief that employees should only be discharged for good reasons is the: The idea that the relationship between a worker and employer is voluntary and can be terminated at any time,by either party, is the: The exception that protects employees from being fired because they refuse to commit crimes or take advantage of privileges to which they are entitled by law is: Employer promises that they may not even know they made are called: The belief that employees should be discharged only for good reasons. The key operating question of moral management isanthon berg chocolate liqueurs 26 pieces. Which of the following is not a structural aspect of unconscious accounting bias? The results indicate that religious practice does not influence preferences for the three business philosophies. At its simplest, ethics is a system of moral principles. Can we make money with this action?. Chester Barnard addressed the ethical dimension of executive leadership sixty years ago. B. rights and duties approach a. can : 1775426. Furthermore, they assumed that good leaders are by definition ethical leaders. Act only according to that maxim by which you can increase the overall happiness of everyone affected by your action. can we make money with this action? Which of the following is not a structural aspect of unconscious accounting bias? The company uses monthly reporting periods for its weighted-average process cost accounting. Differentiate between the functions of a "line manager" and "staff manager". International Journal of Hospitality Management, Academy of Management Learning & Education, The Pyramid of Corporate Social Responsibility: Toward the Moral Management of Organizational Stakeholders, Ethical Challenges for Business in the New Millennium: Corporate Social Responsibility and Models of Management Morality, Female Managers' Ethical Decision-Making: A Multidimensional Approach, Ethical theory and stakeholder-related decisions: The role of stakeholder culture - Academy of Management Review, Stakeholder thinking in three models of management morality: a perspective with strategic implications, Management Students' Attitudes Toward Business Ethics: A Comparison Between France and Romania, Ethics Education in Marketing: Are Stakeholders Interests Over-Shadowing Shareholders, Linking linear/nonlinear thinking style balance and managerial ethical decision-making, ETHICAL THEORY AND STAKEHOLDER- RELATED DECISIONS: THE ROLE OF STAKEHOLDER CULTURE, Fostering Creativity and Innovation without Encouraging Unethical Behavior, The Role of (the Right) Values in an Economic Crisis. View Answer. Virtually all companies that exhibit moral management have had that outlook since they were founded. D. can we make money with this action? The area of ethics that is concerned with supplying and justifying a coherent moral system of thinking and judging is called: The minimum standard of ethical behavior can be thought of as: The most serious danger of using the conventional approach to business ethics is: The ethics question "how do we get from what is to what out to be?" Immoral management implies that decision makers know right from wrong, but choose to do wrong. Can we make money with this action, regardless of what it takes? 49. C. what effects will this action have on our stakeholders? The processes by which laws are enacted and government officials are elected are part of the, segments of businesss macroenvironment include all of the following except, the relationship between corporate social performance and financial performance is viewed from three different perspectives. Which of the following is not a structural aspect of unconscious accounting bias? At the macro level, big business is being questioned for its: The former CEO of Bendix Corporation blames the apparent decline in business's ethical behavior on: C. the contexts in which corporate decisions are made, C. concerned with right and wrong behavior within a business context. The part of corporate social responsibility that focuses on fair prices and profits is, Carrying the idea of a pluralistic society to an extreme leads to, Ability to survive and thrive over the long term, Sustainability, at a simple level, is about businesss, The perceived validity or appropriateness of a stakeholders claim is referred to as, The collection of rivate, commercially oriented organizations, ranging in size from sole proprietorships to large corporations is referred to as, The dynamic process by which business seeks to perpetuate its acceptance is called, The state issued document that grants the corporations right to exist and stipulating the basic terms of its existence is, The group that is elected by shareholders to govern and oversee management is, The practice of obtaining critical information from within a company and then using that information for ones own financial gain is, The primary purpose of the Sarbanes-Oxley act is to, The board committee responsible for assessing the adequacy of internal control systems and the integrity of financial statements is the, Concerned with right and wrong behavior within a business context. Ethics for business have changed over time but they're important for every company. At each level of moral development, there are two stages. They spoke proudly about having principles, following the golden rule, taking into account the needs of society, and being fair and caring in their decisions. A theory in any area offers the opportunity to define terms in uniform ways and to relate a set of ideas to one another in a consistent manner. In Kohlberg's preconventional level of moral development, the individual's primary concern is for others. The Foreign Corrupt Practices Act allows: Most Congressional legislation before the 1950s that affected business was: Government is generally thought to follow the ethic of: Which of the following is NOT a method that government uses to influence business? The Five Forces analysis of McDonald's Corporation shows that these . A. the preconventional level. B. deontology. Managers who simply fail to consider moral questions when making business decisions use the The key operating question of moral management is will this action be fair to all stakeholders? Thanks. The public's opinion of business ethics may be reported at two levels - a high level and a low level. In these organizations, values are the glue that can hold things together, and values must be conveyed from the top of the organization. will this action be fair to all stakeholders? B. will this action be fair to all stakeholders? C. at work was down slightly The derivative f(x)f^{\prime}(x)f(x) of a function is given. Enter the email address you signed up with and we'll email you a reset link. Plato asked, which extreme would you rather be: "an unethical person with a good reputation or c. semi-moral management. As the opening quotation suggests, the emphasis on reputation goes back to Plato. b. moral management. One senior executive noted, "I don't think you can distinguish between ethical leadership and leadership. Create a free account and access your personalized content collection with our latest publications and analyses. the-key-operating-question-of-amoral-management-is, Refer To Friends And Earn Some Extra Dollar, The key operating question of amoral management is, The "integrity strategy" espoused by Lynn Sharp Paine is similar to the, Managers who believe that business decisions are not subject to moral constraints tend to utilize the. Researchers have found that many business people go through life thinking that they are objective. C. practical. Law and order morality 1. D. can we make money with this action?