Question 1

Which of the following can be thought of as the answer to the fundamental questions of theoretical reason?

Accepted Answer

A)  The scientific method
B)  The practical approach
C)  The contingency approach
D)  The normative modelE) A) and B)
F) A) and C)

Question 2

Which of the following statements is true about ethical decision making in business?

Accepted Answer

A)  Ethical decision making is limited to the type of major corporate decisions with social consequences.
B)  Every employee does not face an issue that requires ethical decision making.
C)  All ethical decisions can be covered by economic,legal,or company rules and regulations.
D)  Ethical decision making should rely on the personal values and principles of the individuals involveD.E) B) and C)
F) None of the above

Question 3

Which of the following observations is true of ethics?

Accepted Answer

A)  It is descriptive in nature.
B)  It deals with our reasoning about how we should act.
C)  It provides an account of how and why people act the way they do.
D)  It is equivalent to law-abiding behavior.E) A) and D)
F) None of the above

Question 4

The failure of personal ethics among companies like Enron and WorldCom led to the creation of the:

Accepted Answer

A)  Brooks Act.
B)  Gramm-Leach-Bliley Act.
C)  Clinger-Cohen Act.
D)  Sarbanes-Oxley Act.E) A) and D)
F) A) and C)

Question 5

Which of the following is a true statement about norms?

Accepted Answer

A)  They are underlying beliefs that cause people to choose one way or another.
B)  They are standards of appropriate and proper behavior.
C)  They provide benchmarks of desirable societal conditions.
D)  They consist of guidelines for bringing about positive behavioral change.E) A) and B)
F) C) and D)

Question 6

Which of the following is a true statement about the Americans with Disabilities Act (ADA) ?

Accepted Answer

A)  What counts as a disability remains ambiguous under the law.
B)  The law lays out clear-cut rules for reasonable accommodation.
C)  The law has not been put into practice till date.
D)  Mental disabilities have been left out of the purview of the law.E) A) and B)
F) A) and C)

Question 7

Define risk assessment.

Accepted Answer

Risk assessment is defined as a process ...

Question 8

Why is "ethics" considered a normative discipline?

Accepted Answer

To say that ethics is a normative discip...

Question 9

Telling organizations that their ethical responsibilities end with obedience to the law:

Accepted Answer

A)  is just inviting more legal regulation.
B)  is enough to maintain an ethical business environment.
C)  reduces the frequency of corporate scandals.
D)  eliminates ambiguity while making personal ethics-related decisions.E) B) and C)
F) All of the above

Question 10

Societies that value individual freedom legally stipulate codes of personal integrity and common decency to safeguard this freedom.

Accepted Answer

A) True 
 B)False

Question 11

_____ is the aspect of ethics that is referred to by the phrase "personal integrity."

Accepted Answer

Morality
Explanation: Morality...

Question 12

The aspect of business ethics that examines business institutions from a social rather than an individual perspective is referred to as:

Accepted Answer

A)  decision making for social responsibility.
B)  corporate cultural responsibility.
C)  organizational ethical responsibility.
D)  institutional morality.E) All of the above
F) None of the above

Question 13

To say that ethics is a _____ discipline is to say that it deals with standards of appropriate and proper behavior.

Accepted Answer

normative
Explanation: To say ...

Question 14

Dramatic examples of tyrannical regimes in history demonstrate that:

Accepted Answer

A)  societies valuing freedom welcome laws that require more than the ethical minimum.
B)  just societies can only be achieved through strict enforcement of ethical codes.
C)  obedience to the law almost always makes people apathetic towards their ethical duties.
D)  one's ethical responsibility may run counter to the law.E) B) and C)
F) B) and D)

Question 15

Acts and decisions that seek to promote human welfare are based on _____.

Accepted Answer

ethical values
Explanation: Ac...

Question 16

In an organizational context,_____ is the skill of creating a circumstance in which good people are able to do good,and bad people are prevented from doing bad.

Accepted Answer

ethical business leadership
Ex...

Question 17

Ethics refers to the applications of _____ on which people's decisions are based.

Accepted Answer

A)  values
B)  morals
C)  etiquettes
D)  normsE) A) and D)
F) B) and C)

Question 18

Ethics requires that the promotion of human welfare be done:

Accepted Answer

A)  based on the personal opinions of the decision maker.
B)  based on the level of need of the beneficiaries.
C)  understanding the religious beliefs of the beneficiary.
D)  in a manner that is acceptable and reasonable from all relevant points of view.E) A) and D)
F) B) and C)

Question 19

Discuss the importance of precedents for most laws concerning business.

Accepted Answer

Most of the laws that concern business a...

Question 20

Identify a true statement about ethical decision making in business.

Accepted Answer

A)  Ethical decision making is not limited to major corporate decisions with dramatic social consequences.
B)  Ethical decisions that employees make have to always be based upon clearly established guidelines laid down by the board of directors.
C)  All ethical decisions can be covered by economic,legal,or company rules and regulations.
D)  Every instance of ethical decision making should be based on the law of the lanD.E) A) and D)
F) C) and D)

Exam 1: Ethics and Business

Ethics requires that the promotion of human welfare be done:

Correct AnswerverifiedShow Answer

Acts and decisions that seek to promote human welfare are based on _____.

Correct Answerverifiedethical valuesExplanation: Ac...View AnswerShow Answer

The failure of personal ethics among companies like Enron and WorldCom led to the creation of the:

Correct AnswerverifiedShow Answer

Dramatic examples of tyrannical regimes in history demonstrate that:

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In an organizational context,_____ is the skill of creating a circumstance in which good people are able to do good,and bad people are prevented from doing bad.

Correct Answerverifiedethical business leadershipEx...View AnswerShow Answer

Which of the following is a true statement about the Americans with Disabilities Act (ADA) ?

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Which of the following is a true statement about norms?

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Ethics refers to the applications of _____ on which people's decisions are based.

Correct AnswerverifiedShow Answer

Identify a true statement about ethical decision making in business.

Correct AnswerverifiedShow Answer

Why is "ethics" considered a normative discipline?

Correct AnswerverifiedTo say that ethics is a normative discip...View AnswerShow Answer

To say that ethics is a _____ discipline is to say that it deals with standards of appropriate and proper behavior.

Correct AnswerverifiednormativeExplanation: To say ...View AnswerShow Answer

Which of the following observations is true of ethics?

Correct AnswerverifiedShow Answer

Which of the following statements is true about ethical decision making in business?

Correct AnswerverifiedShow Answer

Telling organizations that their ethical responsibilities end with obedience to the law:

Correct AnswerverifiedShow Answer

_____ is the aspect of ethics that is referred to by the phrase "personal integrity."

Correct AnswerverifiedMoralityExplanation: Morality...View AnswerShow Answer

The aspect of business ethics that examines business institutions from a social rather than an individual perspective is referred to as:

Correct AnswerverifiedShow Answer

Define risk assessment.

Correct AnswerverifiedRisk assessment is defined as a process ...View AnswerShow Answer

Discuss the importance of precedents for most laws concerning business.

Correct AnswerverifiedMost of the laws that concern business a...View AnswerShow Answer

Which of the following can be thought of as the answer to the fundamental questions of theoretical reason?

Correct AnswerverifiedShow Answer

Societies that value individual freedom legally stipulate codes of personal integrity and common decency to safeguard this freedom.

Correct AnswerverifiedShow Answer

Correct Answer
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ethical values
Explanation: Ac...
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ethical business leadership
Ex...
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To say that ethics is a normative discip...
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normative
Explanation: To say ...
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Morality
Explanation: Morality...
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Risk assessment is defined as a process ...
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Most of the laws that concern business a...
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Correct Answer
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