When Evaluating a Decision Based on the Ethical Norm of Rights,a

question 101

Multiple Choice

When evaluating a decision based on the ethical norm of rights,a manager is MOST likely to consider which of the following questions?

• A) Is the decision consistent with what we regard as fair?
• B) Does the decision respect the individuals involved?
• C) Is the decision consistent with people's responsibilities to each other?
• D) Does the decision optimize the benefits for those who are affected by it?
• E) Does the decision comply with current legislation?

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Definitions:

Antitrust

Laws and regulations designed to promote competition and prevent monopolies or anti-competitive practices in the marketplace.

Multinationals

Large corporations that operate and deliver products or services in more than one country beyond their home base.

High-Water Mark

The highest peak in value an investment fund or account has reached, often used as a threshold for calculating performance fees.

Standard Oil Trust

A corporate entity created by John D. Rockefeller in the late 19th century, becoming the largest and most famous example of a monopoly through its control of the oil industry.