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:

Sensory Registers

The initial processing centers for sensory information, capturing fleeting impressions from the environment that are quickly processed or lost.

Short-Term Memory

The part of the memory system where information is stored for a brief period of time, typically for no longer than 20-30 seconds.

Nonsense Syllables

A string of letters that has no meaning, used in psychological experiments to study memory and learning processes.

Short-Term Memory

A cognitive system with a limited capacity that is capable of temporarily holding information available for processing.