According to Integrative Social Contracts Theory,the Ethical Standards a Company

question 19

Multiple Choice

According to integrative social contracts theory,the ethical standards a company should try to uphold

• A) are governed by the school of ethical universalism.
• B) are governed both by (1)a limited number of universal ethical principles that are widely recognized as putting legitimate ethical boundaries on actions and behavior in all situations and (2)the circumstances of local cultures,traditions,and shared values that further prescribe what constitutes ethically permissible behavior and what does not-but universal norms always take precedence over local ethical norms.
• C) are governed by each country's Code of Required Ethical Conduct,which sets forth that each individual/group/business/organization has a "social contract" to observe the ethical and moral standards that the country has adopted.
• D) should be determined by the company's board of directors.
• E) should never be absolute but rather always provide some wiggle room according to the circumstances of the situation.

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Definitions:

Unconventional Political Action

Political activities that are outside the norms of formal political behavior, including protests, boycotts, and grassroots campaigns.

Bloc Québécois

A federal political party in Canada advocating for the interests of Quebecers and promoting Quebec sovereignty.

State-centred Theory

A political theory emphasizing the role of the state in the development and maintenance of political power and public policy.

Welfare State

A concept of government in which the state plays a key role in the protection and promotion of the economic and social well-being of its citizens, through policies and programs.