Business Ethics Quiz

Most people don’t distinguish between a person’s “morals” and his or her bad, human conduct in a business context. TRUE 15. 16. “Etiquette” designates a special realm of morality. There are four basic kinds of law: statutes, regulations, common law, and constitutional law. 17. In theory and practice, law codifies customs, ideals, beliefs, and a society’s moral values. TRUE 18. According to divine command theory, if something is wrong, then the only reason it is wrong is that God commands us not to do it. TRUE 19. Our conscience evolved as we internalized the moral instructions of the arenas or other authority figures who raised us as children.

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TRUE 20. In a broad sense morality is the moral code of an individual or of a society (insofar as the moral codes of the individuals making up that society overlap). FALSE NO. 2 – MR. 452 1 When addressing an ethical dilemma, the second step is to identify the problem. 2 A morally wrong act can usually be simply and specifically defined. 3 Utilitarianism argues doing the most good for the most parties in any given situation. TRUE 4 A person’s legal right and principle of duty have no connection too moral right. 5 Logical presentation of facts is a basis for moral reasoning.

Altruists are concerned primarily with other people’s welfare. 7 Individualists are driven by natural reasoning, personal survival, and preservation. 8 Progressivism and ethical idealism are two social responsibility modes in the stakeholder model. TRUE 10 Stage 6 in Kohlrabies moral development is universal ethical principles. QUIZ 3 1 The stakeholder management approach is based on a related instrumental theory that argues “a subset of ethical principles (trust, trustworthiness, and cooperativeness) can result in significant competitive advantage. ” 2 Stakeholders are specifically named groups with specialized interests in a many.

FALSE 3 A stake is any interest, share, or claim, that a group or individual has in the outcome of a corporation’s policies, procedures, or actions toward others. 4 When dealing with a marginal stakeholder, the best strategy is to collaborate. 5 A stakeholder analysis only applies more to internal events a company is facing. 6 Part of a stakeholders political power is their ability to influence the decision- making process of a company. 7 Cross-departmental cooperation is generally essential to effectively deal with a crisis. 8 Organizations are required by law to be morally responsible to their stakeholders.

The Six-Step Issues Management Process is a basic approach for proactively mapping, straightening, and responding to issues that affect an organization. 10 The Seven-phase Issue-Development Process can take seven years to move from the first to the last phase. FALSE 1 . “Corporate Social Responsibility’ involves an organization’s duty and obligation to respond to its stakeholders’ and stockholders’ economical, legal, ethical, and philanthropic concerns and issues. TRUE 2. In a free-market society the market is always perfect. Drugs in interstate commerce.

Business Ethics Quiz

Incorrect Inconsequentially like Ross believe that Answer Selected Answer: we have no obligation to promote general welfare. Correct Answer: morality permits each of us a sphere In which to pursue our own plans and goals. Question 2 utilitarian believe that an action can’t be right if the people who are made happy by it are outnumbered by the people who are made unhappy by it. Correct Answer: an action that leads to unhappiness is morally right if any other action that you could have performed instead would have brought about even more unhappiness.

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Question 3 5 out of 5 points Correct Egoism as a psychological theory states that self-interest is the only thing that ever motivates anyone. Correct Answer: states that self-interest is the only thing that ever motivates anyone. Question 4 A practical basis for discussing moral issues Involves taking account of Answer effects, Ideals, and obligations. Effects, ideals, and obligations. Question 5 A key Idea of Emmanuel Cant’s ethical theory Is that: all duties are prima facie duties. We should treat people as ends in themselves, never merely as means. Question 6

According to the utilitarian theory, an action is morally right if and only if Answer it maximizes total, net happiness. Question 7 Supererogatory actions are actions that it would be good to do but not immoral not to do. Correct Answer: actions that it would be good to do but not immoral not to do. Question 8 Imagine a shopkeeper who is honest because being honest is good for business. When the shopkeeper refrains from cheating a customer, Kant would say this action was in accordance with duty, but not done from duty. Question 9 According to Kant good will is the only thing that is good in itself.

Question 10 According to W. D. Rose’s theory we have various moral duties that can’t be reduced to a single, overarching obligation. Correct Answer: obligation. Question 11 The statement that best defines rights is a right is an entitlement to act or to have others act in a certain way. Correct a right is an entitlement to act or to have others act in a certain way. Question 12 Consequentiality differs from inconsequentially because inconsequentially denies that consequences have any moral significance. Correct Answer: states that the moral rightness of an action is determined solely by its results.

Question 13 Kant believed that we should always act in a way that we can will the maxim of our action to become a universal law. Correct in a way that we can will the maxim of our action to become a universal law. Question 14 For those who are trying to make moral decisions, in a moral discussion, clarifying the facts and spelling out the principles to which people are appealing can help us to reach a solution. Correct Answer: people are appealing can help us to reach a solution. Question 15 Rule utilitarian’s believe that the optimal moral code will not normally produce 100% compliance.