To Help Managers and Employees Make Ethical Decisions and Behave

question 85

Multiple Choice

To help managers and employees make ethical decisions and behave in ways that benefit their stakeholders, they can use four ethical rules or principles to analyze the effects of their business decisions on stakeholders, the ________ rules.

• A)utilitarian, moral choice, justice, and practical
• B)utilitarian, moral rights, justice, and existentialist
• C)fairness, moral choice, justice, and practical
• D)utilitarian, moral rights, justice, and practical

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Definitions:

Temporal Immediacy

The urgency or closeness in time of an event, emphasizing the importance of timely action or response.

Rationality Limitations

Constraints on an individual's ability to think and make decisions in a logical and clear-headed manner.

Bounded Rationality

Refers to the concept that in decision-making, an individual's rationality is limited by the information they have, the cognitive limitations of their minds, and the finite amount of time they have to make a decision.

Complete Information

A situation in which all participants have access to all relevant information needed to make informed decisions.