1 answer

Cloud Source LLC sells to Distribution Inc. a promising idea for a technological innovation that looks...

Question:




Cloud Source LLC sells to Distribution Inc. a promising idea for a technological innovation that looks promising but that is
Ethics focuses on how persons making business decisions apply O a. legal doctrine. O b. financial priorities. O c. corporate
Build-It Inc. applied an inexpensive but untested technique to brace a transit tunnel : wall. The technique was legal but the
The National Association of Manufacturers (NAM) announces a new industry code: of ethics. The effectiveness of this code will
Ethical issues that a business manager is not likely to encounter include O a. questions of workplace diversity. O b. protoco
lolo o Be honest and treat people fairly. In regard to business ethics, implementing this motto is O a. only important in p
When the chief financial officer, or other executive, of a corporation is unsure whether a certain business action is legal,
If a company strictly complies with existing laws, the firm will O a. not need to fulfill any business ethics obligations. O
According to the theory of corporate social responsibility, any decision by corporate management should consider how an actio
Cloud Source LLC sells to Distribution Inc. a promising idea for a technological innovation that looks promising but that is still being developed. This is O a. ethical but illegal To b. ethical and legal. O c. illegal and unethical. 10 d. legal but unethical.
Ethics focuses on how persons making business decisions apply O a. legal doctrine. O b. financial priorities. O c. corporate policy. 10 d. moral principles.
Build-It Inc. applied an inexpensive but untested technique to brace a transit tunnel : wall. The technique was legal but the tunnel collapsed, killing several commuters. Build-It's action was O a. unethical because the technique was inexpensive. O b. unethical because the technique was untested. O c. ethical because the technique was legal. O d. ethical because the technique inexpensive and untested. El
The National Association of Manufacturers (NAM) announces a new industry code: of ethics. The effectiveness of this code will be determined by O a. the commitment of NAM's members to enforcing the code. 10 b. the relationship between the code and the law. O c. the similarity of the code to the personal values of NAM's members. O d. the success of the campaign publicizing the code.
Ethical issues that a business manager is not likely to encounter include O a. questions of workplace diversity. O b. protocols for company meetings. O c. application of safety standards. O d. compliance with environmental regulations.
lolo o "Be honest and treat people fairly." In regard to business ethics, implementing this motto is O a. only important in politically sensitive situations. O b. subordinate to such expedient factors as cash flow and debt payments. O c. important in all circumstances. O d. only important with respect to important customers.
When the chief financial officer, or other executive, of a corporation is unsure whether a certain business action is legal, she should act O a. in her own best interest. O b. to maximize profit. O c. in the best short-run interest of the company. O d. honestly and responsibly.
If a company strictly complies with existing laws, the firm will O a. not need to fulfill any business ethics obligations. O b. fulfill all business ethics obligations. O c. fulfill some business ethics obligations. O d. fulfill no business ethics obligations.
According to the theory of corporate social responsibility, any decision by corporate management should consider how an action affects the firm's O a. profit only. O b. shareholders only. O c. officers and employees only. O d. officers, shareholders, suppliers, customers, and community.

Answers

As per HOMEWORKLIB POLICY and guideline, the first-four MCQs are answered below:

Q1.

Answer: c

A product which is not fully tested and proved should not be sold out. If it is done then this would be illegal and unethical.

In this case, the selling of an idea that has no existence in the market (since not yet developed) can’t be tested whether the idea is right or wrong.

Q2.

Answer: d

Ethics indicate moral principles.

This indicates what to be done based on humanity; suppose ethics say not to cheat others.

Q3.

Answer: b

Although this is legal but this is unethical, since it is not tested. The technique must be tested before applying in the field.

Q4.

Answer: a

Effectiveness of an ethic depends on the commitment of members enforcing it.

Suppose there is an ethical code of attending the office in time. If it is not followed by the employees then such ethic can’t be maintained. Therefore, commitment is required.

.

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