A fiduciary has the special responsibility

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Reference no: EM131725396

1. Which basic principles of Utilitarianism defines it as a teleological ethical theory?

a. Interpersonal comparisons of utility should be a primary concern.

b. The nature of actions should be a primary concern.

c. The consequences of actions should be a primary concern.

d. The intended goals of actions should be a primary concern.

2. It is not ethically sufficient to obey the law because ___________

a. the law does not apply to business in general

b. ethical constraints sometimes require that the law be ignored

c. ethics goes beyond what can be legally codified

d. the law itself is stricter than ethics

3. A fiduciary has the special responsibility to _________.

a. care for another’s financial interests

b. sell goods as efficiently as possible

c. provide as much information as possible

d. take a professional interest in another’s success

4. Why do noncompetition agreements require justification?

a. They are applicable only to low-level employees.

b. They restrict employee creativity

c. They limit employment options.

d. They define corporate culture.

5. What is true about a great deal of business decision making in organizations?

a. It is an individual-level responsibility.

b. It is a collaborative effort.

c. It is a managerial effort.

d. It is the CEO’s main responsibility

Reference no: EM131725396

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