Explain how stereotyping can cause problems for some managers when making ethical decisions. Provide an example

What will be an ideal response?

One of the criterion of ethical decision making is to focus on individual rights. Thus, the use of stereotyping would affect the ethical decision-making process. The focus on rights calls on individuals to make decisions consistent with fundamental liberties and privileges as set forth in documents like the Bill of Rights. An emphasis on rights in decision making means respecting and protecting the basic rights of individuals. If a manager engages in stereotyping, for example, believing that all women are less productive than men, he may be inclined to base organizational decisions on this stereotype. When an important project or promotion comes up, the manager would always be inclined to reward men over women.

Business

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A U.S. company is exempt from the Foreign Corrupt Practices Act if a host-country citizen serving as an agent for the company pays a bribe to a government official in the host country

Indicate whether the statement is true or false

Business

It is possible to reduce risk of the portfolio by adding a ________ risk investment if it is ________ correlated with other investments

A) high; negatively B) low; negatively C) high; positively D) low; positively

Business