Question 1

The ______ adherents believe that when one individual,the caregiver,meets the needs of one other person,the cared-for party,the caregiver is helping to meet the needs of all the individuals who fall within the cared-for party's web of care.

Accepted Answer

A)   Deontology
B)   Utilitarianism
C)   Absolutism
D)   Virtue ethics
E)   Ethics of careF) A) and E)
G) A) and B)

Question 2

Which of the following is true regarding steps taken by news corporations to protect confidential records?

Accepted Answer

A)   News corporations are putting numerous security barriers and encryptions around their records so that nobody can gain access to them.
B)   News corporations are attempting to protect information written by their own employees, but efforts are not made to protect confidential sources because constitutional protection does not extend to confidential sources.
C)   News corporations are not bothering with security barriers to the extent as in previous decades because government regulation requires that information be turned over, and there is no point in taking drastic measures to protect such information.
D)   New regulations make significant privacy barriers illegal in regard to news corporations, so many barriers have been or are being removed.
E)   Because of the respect given to confidential records by the U.S. government and its enforcement agencies, news corporations see little need to enhance protection of confidential records.F) A) and D)
G) All of the above

Question 3

The community in which a firm operates would not be considered a stakeholder of the firm.

Accepted Answer

A) True 
 B)False

Question 4

In an ethical analysis using the WPH Framework referenced in the text,owners are the most important stakeholders and should receive the greatest consideration in decision making regardless of the type of problem addressed.

Accepted Answer

A) True 
 B)False

Question 5

Which of the following is true regarding the relationship between ethical relativism and situational ethics?

Accepted Answer

A)   Like ethical relativism, situational ethics requires that we evaluate the morality of an action by imagining ourselves in the position of the person facing the ethical dilemma; but unlike ethical relativism, situational ethics allows us to judge other people's actions.
B)   Like ethical relativism, situational ethics requires that we evaluate the morality of an action by imagining ourselves in the position of the person facing the ethical dilemma and also like ethical relativism, situational ethics allows us to judge the actions of others.
C)   While the two theories are similar, ethical relativism upholds the existence of objective moral standards whereas situational ethics refuses to recognize the existence of objective moral standards.
D)   Ethical relativism and situational ethics are the same theory.
E)   There is no relationship between ethical relativism and situational ethics because the theories are fundamentally opposed to each other.F) A) and B)
G) A) and C)

Question 6

Which of the following are stakeholders of a business?

Accepted Answer

A)   Shareholders but not employees
B)   Employees but not shareholders
C)   Customers but not employees or shareholders
D)   Management but not employees
E)   Shareholders, employees, customers, and managementF) B) and C)
G) D) and E)

Question 7

The idea that we should interact with other people in a manner consistent with the manner in which we would like them to interact with us is called the ______.

Accepted Answer

A)   Equalization Rule
B)   Ethical Realization Rule
C)   Silver Rule
D)   Golden Rule
E)   Ten Commandments RuleF) A) and E)
G) D) and E)

Question 8

What is the name of the law signed by President Bush in the wake of several corporate accounting scandals?

Accepted Answer

A)   The Sarbanes-Oxley Act
B)   The Public Accounting Act
C)   The Certified Public Accounting Act
D)   The Whaley-Mallicoat Act
E)   The Corporate Scandal ActF) A) and B)
G) C) and D)

Question 9

Utilitarianism is a form of consequentialism.

Accepted Answer

A) True 
 B)False

Question 10

Positive abstractions that capture our sense of what is good or desirable are called ______.

Accepted Answer

A)   Ethical ideas
B)   Values
C)   Conscience demands
D)   Desirable principles
E)   Action goalsF) B) and E)
G) A) and D)

Question 11

Connie's idea is best referred to as ______.

Accepted Answer

A)   The Golden Rule
B)   The Disclosure Principle
C)   The Help Peers Test
D)   The Sarbanes-Oxley Rule
E)   The Greenhouse RuleF) A) and D)
G) A) and C)

Question 12

Which of the following presents a problem when considering the theory of ethics known as absolutism?

Accepted Answer

A)   The questionable nature of the rules in most absolutist repositories seems overly flexible when applied to different situations.
B)   The unquestionable nature of the rules in most absolutist repositories seems overly inflexible when applied to different situations.
C)   The lack of objectivity.
D)   The fact that most individuals associated with this theory have been proven to have acted to the detriment of their followers in one way or another.
E)   The allegation that an excessive number of followers actually follow consequentialism.F) A) and D)
G) C) and D)

Question 13

The definition of stakeholder is the same as the definition of shareholder.

Accepted Answer

A) True 
 B)False

Question 14

Which of the following is the minimal standard essential for the development of business ethics?

Accepted Answer

A)   Meeting the requirements of deontology.
B)   Meeting the requirement of the public disclosure test.
C)   Meeting the requirement of utilitarianism.
D)   Satisfying the company's board of directors.
E)   The legality of a decision.F) A) and C)
G) B) and C)

Question 15

Which of the following is asserted by the principle of rights?

Accepted Answer

A)   That whether a business decision is ethical depends on how the decision affects the rights of all involved.
B)   That whether a business decision is ethical depends on how the decision affects the rights of stockholders without consideration of other stakeholders.
C)   That whether a business decision is ethical depends on how the decision affects the rights of employees without consideration of other stakeholders.
D)   That whether a business decision is ethical depends on how the decision affects the overall economy.
E)   That whether a business decision is ethical depends on how the decision affects the rights of organized labor without consideration of other stakeholders.F) C) and D)
G) B) and E)

Question 16

Assume you are hired as the president of a new company.Write a code of ethics for the firm.

Accepted Answer

Student responses ma...

Question 17

The ethical system in which the development of virtues,or positive character traits such as courage,justice,and truthfulness,is the basis for morality is called ______.

Accepted Answer

A)   Absolutism decision
B)   Virtual analysis
C)   Virtue ethics
D)   Fundamentalist approach
E)   Categorical imperativeF) D) and E)
G) B) and D)

Question 18

Consequentialism provides a rigid set of rules to follow regardless of the situation.

Accepted Answer

A) True 
 B)False

Question 19

What does a reference to the "social responsibility of business" mean? Should businesses consider community expectations,and why or why not?

Accepted Answer

The social responsibility of business co...

Question 20

Which of the following helps explain why the principle of deontology may be difficult to apply?

Accepted Answer

A)   People disagree about what duties we owe to one another and which duties are more important.
B)   People disagree about whether consequences are positive or negative.
C)   People disagree about the ethics of care.
D)   People disagree about what duties we owe to one another and also whether consequences are positive or negative.
E)   People disagree about what duties we owe to one another, whether consequences are positive or negative, and about the ethics of care.F) B) and E)
G) A) and D)

Exam 2: Business Ethics

Connie's idea is best referred to as ______.

Correct AnswerverifiedShow Answer

Utilitarianism is a form of consequentialism.

Correct AnswerverifiedShow Answer

What is the name of the law signed by President Bush in the wake of several corporate accounting scandals?

Correct AnswerverifiedShow Answer

Positive abstractions that capture our sense of what is good or desirable are called ______.

Correct AnswerverifiedShow Answer

What does a reference to the "social responsibility of business" mean? Should businesses consider community expectations,and why or why not?

Correct AnswerverifiedThe social responsibility of business co...View AnswerShow Answer

The ______ adherents believe that when one individual,the caregiver,meets the needs of one other person,the cared-for party,the caregiver is helping to meet the needs of all the individuals who fall within the cared-for party's web of care.

Correct AnswerverifiedShow Answer

Which of the following is true regarding steps taken by news corporations to protect confidential records?

Correct AnswerverifiedShow Answer

Which of the following helps explain why the principle of deontology may be difficult to apply?

Correct AnswerverifiedShow Answer

Which of the following presents a problem when considering the theory of ethics known as absolutism?

Correct AnswerverifiedShow Answer

The definition of stakeholder is the same as the definition of shareholder.

Correct AnswerverifiedShow Answer

The community in which a firm operates would not be considered a stakeholder of the firm.

Correct AnswerverifiedShow Answer

Which of the following is true regarding the relationship between ethical relativism and situational ethics?

Correct AnswerverifiedShow Answer

Which of the following is asserted by the principle of rights?

Correct AnswerverifiedShow Answer

Assume you are hired as the president of a new company.Write a code of ethics for the firm.

Correct AnswerverifiedStudent responses ma...View AnswerShow Answer

Consequentialism provides a rigid set of rules to follow regardless of the situation.

Correct AnswerverifiedShow Answer

Which of the following are stakeholders of a business?

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Which of the following is the minimal standard essential for the development of business ethics?

Correct AnswerverifiedShow Answer

The idea that we should interact with other people in a manner consistent with the manner in which we would like them to interact with us is called the ______.

Correct AnswerverifiedShow Answer

In an ethical analysis using the WPH Framework referenced in the text,owners are the most important stakeholders and should receive the greatest consideration in decision making regardless of the type of problem addressed.

Correct AnswerverifiedShow Answer

The ethical system in which the development of virtues,or positive character traits such as courage,justice,and truthfulness,is the basis for morality is called ______.

Correct AnswerverifiedShow Answer

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The social responsibility of business co...
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Student responses ma...
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