Ethical Decision Making for Managers

Ethics are written down and enforced by courts, while law governs behavior

Law is written down and enforced by courts, while ethics are moral guidelines governing behavior (correct)

Law and ethics are interchangeable terms

Law and ethics are both enforceable by courts

To ensure complete freedom in decision making

To establish minimum standards necessary for human behavior

To answer the question 'What should I do?' based on reflection of values, principles, and purpose (correct)

To enforce laws and regulations

Ethical Behavior

Codified Law

Free Choice (correct)

Moral Obligation

<p>Because obeying the law may require actions against their ethics</p> Signup and view all the answers

<p>Moral lapses and financial scandals</p> Signup and view all the answers