Final Exam Review - MGMT 520
questions with complete solutions
How can you avoid severe penalties under the US Sentencing Guidelines? (7) - correct answer
✔✔By having an effective compliance program in place using these 7 requirements:
1. Establishing compliance standards
2. Assigning individuals to oversee those standards
3. Making sure those assigned will not engage in illegality
4. Communicate standards to all employees
5. Take steps to achieve compliance through monitoring, auditing and retribution free system
6. Enforce standards through disciplinary actions
7. After an offense take steps to prevent it from happening again
What are the dimensions of moral intensity? (6) - correct answer ✔✔Magnitude of the
consequences:
- Sum of the harms done to the victim
- An act that causes death is far more intense than an act that causes a minor injury
Social consensus:
- Peer agreement
- Degree of social agreement that an act is unethical
- Much worse to bribe a customs official in Texas than in Mexico
Probability of effect:
- Probability that the act will actually cause harm
, Temporal immediacy:
- Length of time between the action and the consequences
Proximity:
- How psychologically or physically close the victim is
Concentration of effect:
- Inverse function of the number of people affected by the action
What are the challenges associated with each of the prescriptive methods of making ethical
decisions? Does emotion play a role in the process? - correct answer ✔✔Consequentialist
theories focus on consequences. It is difficult to evaluate all consequences. Rights for minorities
can be sacrificed when thinking of doing what is best for society as a whole.
Deontological theories focus on duties, obligations and principles. Determining rule, principle,
or right to follow: gold rule or Kant's maxim. Deciding which takes precedence. Reconciling
deontological and consequentialist approaches when they conflict.
Virtue ethics focus on integrity. Limited agreement about community standards. Many
communities haven't done this kind of thinking. Community may be wrong.
Emotion always plays a role.
How can you use Kant's categorical imperative, Rawl's veil of ignorance, and the golden rule to
make decisions? - correct answer ✔✔Kant's categorical imperative: what kind of world would it
be if everyone behaved this way and would I want to live in this world?
questions with complete solutions
How can you avoid severe penalties under the US Sentencing Guidelines? (7) - correct answer
✔✔By having an effective compliance program in place using these 7 requirements:
1. Establishing compliance standards
2. Assigning individuals to oversee those standards
3. Making sure those assigned will not engage in illegality
4. Communicate standards to all employees
5. Take steps to achieve compliance through monitoring, auditing and retribution free system
6. Enforce standards through disciplinary actions
7. After an offense take steps to prevent it from happening again
What are the dimensions of moral intensity? (6) - correct answer ✔✔Magnitude of the
consequences:
- Sum of the harms done to the victim
- An act that causes death is far more intense than an act that causes a minor injury
Social consensus:
- Peer agreement
- Degree of social agreement that an act is unethical
- Much worse to bribe a customs official in Texas than in Mexico
Probability of effect:
- Probability that the act will actually cause harm
, Temporal immediacy:
- Length of time between the action and the consequences
Proximity:
- How psychologically or physically close the victim is
Concentration of effect:
- Inverse function of the number of people affected by the action
What are the challenges associated with each of the prescriptive methods of making ethical
decisions? Does emotion play a role in the process? - correct answer ✔✔Consequentialist
theories focus on consequences. It is difficult to evaluate all consequences. Rights for minorities
can be sacrificed when thinking of doing what is best for society as a whole.
Deontological theories focus on duties, obligations and principles. Determining rule, principle,
or right to follow: gold rule or Kant's maxim. Deciding which takes precedence. Reconciling
deontological and consequentialist approaches when they conflict.
Virtue ethics focus on integrity. Limited agreement about community standards. Many
communities haven't done this kind of thinking. Community may be wrong.
Emotion always plays a role.
How can you use Kant's categorical imperative, Rawl's veil of ignorance, and the golden rule to
make decisions? - correct answer ✔✔Kant's categorical imperative: what kind of world would it
be if everyone behaved this way and would I want to live in this world?
