Ethical Decision Making for Managers

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What is the main focus of ethics?

Determining legal requirements

Enforcing moral guidelines

Reflecting on values and principles (correct)

Setting minimum standards

How does ethics differ from law?

Law sets moral guidelines

Law governs moral behaviors

Ethics reflects on values and principles (correct)

Ethics enforces legal requirements

Why do ethical people or companies go beyond the law?

To set minimum standards

To avoid legal consequences

To exceed the minimum legal standards (correct)

To enforce moral guidelines

What is the importance of ethics for managers?

Reflecting on values and principles Signup and view all the answers

Why can't the law codify all ethical requirements?

Because law only sets minimum standards Signup and view all the answers

What is the primary focus of ethics?

To govern moral principles and values Signup and view all the answers

Why do ethical people or companies go beyond the minimum standards set by law?

To gain competitive advantage Signup and view all the answers

How does ethics differ from law?

Ethics governs moral principles, while law defines legal requirements Signup and view all the answers

What does ethics aim to answer?

What is morally right and wrong Signup and view all the answers

Why is ethical and courageous behavior an important trait for today’s managers?

To demonstrate a commitment to higher moral principles Signup and view all the answers

Ethical Decision Making for Managers

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Questions and Answers

What is the main focus of ethics?

How does ethics differ from law?

Why do ethical people or companies go beyond the law?

What is the importance of ethics for managers?

Why can't the law codify all ethical requirements?

What is the primary focus of ethics?

Why do ethical people or companies go beyond the minimum standards set by law?

How does ethics differ from law?

What does ethics aim to answer?

Why is ethical and courageous behavior an important trait for today’s managers?

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