Describe Agency Theory and the Moral Hazard Problem
Q: What are the moral hazard affecting employees and the organization?
A: Moral hazard used to occur when individuals have an incentive to expose themselves to a risky…
Q: What is ethical and unethical behavior?
A: Ethics is the virtuous principle that governs peoples’ conduct & life behavior. Ethics…
Q: Recognize the differences between a moral code of conduct and ethical principles and behaviors.
A: The differences between a moral code of conduct and ethical principles and behaviors are discussed…
Q: Define ethical universalism, ethical relativism, and integrative social contracts theory.
A: Ethical Universalism- It is a meta-ethical position that is a universal ethic.
Q: Differentiate between the principle of rights and utilitarianism and between justice of…
A: The principle of rights and utilitarianism is based on the assumption that any action is that has…
Q: Why would an employee “pass” or “reveal” at work? What are the positive and negative consequences of…
A: Managing high pressure at the workplace can be a tedious task.
Q: What are four possible reasons for the present state of ethical conduct in the United States?
A: Business is a set of activities, such as commercial, professional, or industrial activities. The…
Q: Define ethics and explain how ethical behavior relates to behavior governed by law and free choice.
A: Ethics is defined as moral principles or values that rule a person’s behavior and are based on the…
Q: How moral standards are formed? Discuss further.
A: Morals are shaped out of an individual's qualities. Values are the establishment of an individual's…
Q: What is the relationship between the law and ethical behavior
A: In simpler terms, law is all about the rules that are being created by the government in order to…
Q: DEFINE AGENCY THEORY AND EXPLAIN ITS ROLE IN FACILITATING THE PURPOSE OF “CORPORATE GOVERNANCE”.
A: Agency theory is a framework used to explain the relationship between principals and agents. In…
Q: What are some positive and negative consequences that might result from reporting a coworkers…
A: Ethics are the general code of conduct that everyone follows in the organization and have to be set…
Q: Define the terms, illegal, unethical, and socially responsible and provide an example of a company…
A: Illegal business practices are significantly more clear to mark. In case it is illegal, it is…
Q: Define Ethics and explain the Root Causes of unethical behavior.
A: Ethics refers to the moral principles based on which the conduct of an individual is determined.…
Q: what are the possible effects that ethical violations/unethical behaviors can have on the…
A: Unethical violations/ethical behavior are actions that are against the standard norms and are…
Q: Please briefly define the following terms related with CSR and provide examples. Bluewashing…
A: i. Blue washing Blue washing alludes to penetrate of the UN Global Compact, where subsidiary…
Q: Describe the following theories in detail: a) Fraud triangle
A: Fraud triangle is a concept which explains the reasons behind the fraud happening. Fraud triangle…
Q: ._______ An application of moral standards to business situations
A: The business will run to make profits, and to sustain in the market. The profits can be generated by…
Q: Compare and contrast the two views of social responsibility ( economic vs. socioeconomic).
A: Social Responsibility refers to the responsibility of a person or an organization towards the…
Q: describe how utilitarian theory addresses discrimination
A: It is commonly seen that people experience discrimination at their workplace because of gender,…
Q: Discuss the importance of business ethics and the consequences of unethical behavior
A: In general terms, business ethics is all about the moral principles and values based on which an…
Q: Explain and give an example of how advertising can present ethical questions.
A: Advertising- It is a non-personal form of communication that is paid and one sided. Here the level…
Q: compare and contrast utilitarian ethics and virtue ethics provide two examples of each
A: In general terms, ethics is all about judging the behaviour of an individual based on the moral…
Q: Discuss Kohlberg's levels of moral development
A: Morality is the recognition of the difference between right and wrong, respect for and obedience to…
Q: Describe the difference between unethical and illegal behavior. Is unethical behavior always…
A: Breaking promises is usually lawful, although commonly considered to be unethical; cheating on your…
Q: What are the effects of CREATE LAW? Cite the impact of this law.
A: The CREATE Act is a collection of time-bound and tailored business and tax measures designed to…
Q: Analyse the causes of the problems of corporal social responsibility
A: Corporate Social Responsibility Corporate Social Responsibility (CSR) is a management concept that…
Q: Determine the difference between a moral code of conduct and ethical principles and behaviors.
A: A business must be governed and regulated by a moral code of conduct and ethics to control the…
Q: Compare and contrast the ideas of social obligation, social responsiveness, and social…
A: Social Responsibility refers to the moral obligation that a company has towards the society and its…
Q: Explain with example the issue of moral dilemma that business people face frequently.
A: An ethical dilemma happens when one has an inner conflict amid two opposing ethical principles that…
Q: What is the Civil Rights Act of 1964 Title VII and The Americans with Disabilities Act of 1990…
A: The Americans with Disabilities Act is a civil rights law that acts to enhance the addition of…
Q: Define buisness ethics and explain the meaning of ethics
A: Business ethics also refers as corporate ethics that implement suitable business policies and…
Q: Identify the approach that focuses on maximization of pleasure and minimization of pain to reduce…
A: The correct option is option c, the Utilitarianism approach.
Q: Ethical Behavior and Characteristics of Ethics
A: A code of conduct is made with an intent to operate the business operations with integrity in all…
Q: “Cyberbullying, driving while using a cell phone and identity theft are all examples of ”
A: Information and Technology is an industry that is constantly evolving and developing. In the past…
Q: Explain The Five Forces Model?
A: Porter's five forces framework represents the influence of the industry environment on a firm and…
Q: What are Characteristics of Moral Standards? Explain
A: An moral standard refers to the standards which we have about the kindsof activities which we…
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- Provide three examples of immoral behaviour, each of which contravenes the ethical concept?Why should a short-term or long-term consequence make a difference in resolving an ethical dilemma?Analyse the complex consequences and motives that typically attend ethical and moral issues in management, business and organisations.