Which of the following is true of gatekeepers?

Which of the following is true of gatekeepers?
Answer
They are not bound to ethical duties.
Investors and boards are examples of gatekeepers.
They serve as intermediaries between market participants.
They are not responsible for ensuring conformance to fairness in the marketplace.
8 points

Question 2
Which of the following is the final step in the ethical decision-making process?
Answer
Identifying the ethical issues involved
Monitoring and learning from outcomes
Considering how a decision affects stakeholders
Identifying key stakeholders
8 points

Question 3
Which of the following explains the term “satisficing?”
Answer
Striving to select only the best alternative
Following simplified decision rules
Selecting the alternative simply because it is the easy way out
Selecting the alternative that meets minimum decision criteria
8 points

Question 4
When does issue identification become the first step in the ethical decision-making process?
Answer
When you are not accountable for the decision
When you are solely responsible for a decision
When you are presented with an issue from the start
Under all circumstances
8 points

Question 5
Which omission occurs when decision makers fail to notice gradual variations over time?
Answer
Inattentional blindness
Incremental blindness
Change blindness
Normative myopia
8 points

 

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