Benefit of secret bidding

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Reference no: EM13743997

Question 1: Ethically, what steps are involved in the assessment of safety?

A) Whether the product or activity meets standards set by the public.

B) How much safety is attainable.

C) What is an acceptable risk.

D) All of the above.

Question 2: "Reckless negligence" can be defined as:

A) not knowing how "safe" is safe.

B) when the manufacturer doesn't inform the customer of a defect nor corrects it.

C) when a product is found to be unsafe.

D) none of the above.

Question 3: Punitive damages may amount to many times the amount of actual damages paid to a plaintiff. The purpose of this excess payment is:

A) to ensure the injured parties are richly compensated.

B) to discourage the manufacturer from acting negligently or recklessly in the future.

C) to punish the manufacturer for recklessness or culpable negligence.

D) both B and C.

Question 4: When discussion pollution, it is true to say that:

A) we can distinguish between intentional and unintentional pollution.

B) we can distinguish between major and minor polluters.

C) pollution is a relative term and difficult to define.

D) all of the above.

Question 5: "Whistle blowing" is:

A) a term for a wide range of activities that are dissimilar from a moral point of view.

B) used for sexual harassment violations.

C) when a government employee leaks information to the media.

D) all of the above.

Question 6: The most plausible, and most commonly stated, rationale for not blowing the whistle is:

A) fear of retribution.

B) loyalty.

C) fear of being accused of complicity.

D) None of the above.

Question 7: The need for moral heroes in society and corporations:

A) are indications of a defective society and defective corporations.

B) is helpful in building a moral environment.

C) are an anatomy of a controversy.

D) all of the above.

Question 8: The two most moral issues in pricing are:

A) overpricing and dumping products on a particular market.

B) overpricing and markup and markdown.

C) overpricing and adjusting the prices for the local economy.

D) none of the above.

Question 9: When examining abuses in advertising we should put aside the following morally irrelevant charge:

A) that advertising is unnecessary in a socialist economic system.

B) that it is frequently in bad taste and can be offensive.

C) that it takes advanatage of people through manipulation.

D) All of the above.

Question 10: A clearly coercive form of manipulative advertising is:

A) false advertising.

B) subliminal advertising.

C) dishonest advertising.

D) figurative use of language.

Question 11: Prime moral responsibility for advertising rests with:

A) the government.

B) the advertising agency.

C) the one who initiates and directs the advertising.

D) none of the above.

Question 12: The role of government in the area of advertising is to:

A) Set price controls.

B) Legislate morality.

C) Approve the content of all advertising.

D) Protect the public interest.

Question 13: Often a corporation's most valuable asset is not its physical plant but its:

A) Employees.

B) Information database.

C) Its CEO.

D) None of the above.

Question 14: Which ways can one legally and ethically protect intellectual property?

A) with a trademark.

B) with trade secrecy.

C) with a copyright and patent.

D) All of the above.

Question 15: A typical defect of a corporate code is:

A) that they give the worker no insight into how the code was formulated.

B) that they don't deter the workers from illegal/immoral conduct.

C) that after developed, they are ignored.

D) that they only apply to the low-level workers.

Question 16: Some people feel that insider trading isn't unethical and should not be illegal in the U.S. because:

A) insider trading was allowed in New Zealand until 1988.

B) the practice of insider trading is widespread.

C) insider trading has not discouraged investor interest in the stock market.

D) all of the above.

Question 17: The impression is that computer crime has:

A) a different connotation than that of stealing, etc.

B) become fairly common.

C) arrived on the business scene too fast to analyze.

D) both A and B.

Question 18: Which of the following may be considered computer theft?

A) The actual stealing of funds or assets.

B) The stealing of information.

C) The stealing of computer time.

D) All of the above.

Question 19: In the area of electronic privacy, the status of email is legally comparable to:

A) regular mail.

B) the telephone.

C) Both A and B.

D) None of the above.

Question 20: An ethical approach for a multinational to deal with child labor at their suppliers factories is to:

A) inspect the factories or plants and fire any children found working there.

B) for the multinational to cease doing business with the supplier.

C) for the multinational and supplier set up a school at the factory for the children.

D) inspect the factories or plants and insist the supplier pay the children the same wage as an adult.

Question 21: The unofficial "contract" between employers and employees is called the docrine of:

A) right-to-know.

B) the right to work.

C) employment-at-will.

D) labor relations.

Question 22: According to the doctrine of employment-at-will:

A) the agreement of full employment is not mutual.

B) unemployment is not expected.

C) employers are free to hire whomever they choose.

D) none of the above.

Question 23: The right to a just wage, sometimes called a living wage, is a right derived from the right to:

A) life.

B) the right to employment.

C) the right to respect.

D) all of the above.

Question 24: Equal pay for equal work on a job is:

A) protected by Affirmative Action Programs.

B) covered by Equal Employment Opportunity Laws.

C) mandated internationally by the United Nations.

D) none of the above.

Question 25: The minimum wage should be such that it would:

A) support a single college student.

B) support a family of four.

C) support all families.

D) none of the above.

Question 26: In relations between labor and management, which of the following are usually involved?

A) The government.

B) The employees.

C) The general public.

D) All of the above.

Question 27: In the United States, workers and management have traditionally:

A) had an adversarial relationship.

B) seen themselves as inter-dependent.

C) have acted in a mutual best interest.

D) none of the above.

Question 28: In many settlements in labor relations, society would benefit if:

A) labor and management would focus on the short-term goals.

B) the government mediated all labor disputes.

C) management would acquiesce to labor's demands.

D) labor and management would take a long-range view.

Question 29: In the United States, employees have no right to promotion unless:

A) promotions are expected.

B) promotions are promised.

C) promotions are automatic.

D) all of the above.

Question 30: Although workplace romances are not uncommon, sexual harassment is usually found in the form of:

A) unwelcome sexual advances.

B) sexual jokes.

C) verbal abuse.

D) all of the above.

Question 31: Until 1988, polygraph testing was used primarily for:

A) to prevent the hiring of those who might steal from the company.

B) to weed out security risks for a sensitive position in the company.

C) to find the culprit in instances of theft within a company.

D) all of the above.

Question 32: A well designed and communicated workplace drug testing program:

A) can be highly reliable.

B) is foolproof.

C) is undesirable.

D) is not necessary in most occupations.

Question 33: How would a polygraph test violate a job applicants' right to privacy?

A) By requiring the applicant to take the test as a condition of employment.

B) By asking questions that the firm had no right to ask.

C) By asking questions that are job related.

D) all of the above.

Question 34: Employees have no general moral obligation to be loyal to their employer. However, an employee can show loyalty to the company by:

A) defending the company if it is sued or maligned.

B) taking an offer by another company for higher pay.

C) refusing to move to another branch office.

D) following all orders, even if they are immoral.

Question 35: Discrimination has been so widely practiced in U.S. society because:

A) ethnic groups and religious sects were different from the majority of Americans.

B) immigrants had not assimilated into American life.

C) of historical circumstances such as slavery.

D) all of the above.

Question 36: The authorized use of copyrighted material without permission under certain conditions, including but not limited to the condition that the items be used for personal, noncommercial use, is:

A) immoral and illegal.

B) called "fair use."

C) called "the public domain."

D) None of the above.

Question 37: Attempting to solve moral issues related to computers is often complicated by:

A) the constant improvements in computing speed.

B) the lack of any established and agreed-upon practices.

C) by the number of computers that are manufactured overseas.

D) by the perceived monopoly by Microsoft on software.

Question 38: As originally intended, affirmative action, with respect to individuals operates on the level of:

A) actively recruiting women and members of minority groups in a job search.

B) equalizing criteria so as not to give preference to any group.

C) promoting women and members of minority groups to senior positions.

D) All of the above.

Question 39: The method of hiring called "Balanced Hiring" is:

A) illegal.

B) used only when ordered to by a court to right past hiring wrongs.

C) defined as the hiring of qualified women or minority members in order to balance the composition of one's work force.

D) none of the above.

Question 40: Those who work in a firm's accounting department:

Question 40 options:

A) have the final say on reporting the organization's financial condition.

B) provide protection for the general public.

C) have no special obligations beyond those of other employees.

D) are responsible for choosing among the various approved accounting methods for reporting assets and liabilities.

Question 41: Justification for public-service strikes includes:

A) It's a way to apply pressure to achieve benefits enjoyed by workers in the private sector

B) There's generally little effect on the private sector if they strike

C) Strikes are the only effective way the workers can make their plight known

D) Both A and C

Question 42: The four recognized ways to protect intellectual property are:

A) Proof of authorship, copyright, patent, trademark

B) Copyright, patent, trademark, open source

C) Proof of authorship, open source, copyright, patent

D) Trademark, copyright, patent, trade Secrecy

Question 43: Warren Buffett has suggested, to limit hostile takeovers and leveraged buyouts, that:

A) long-term capital gains be taxed.

B) short-term capital gains be taxed at 100 percent.

C) government regulations be less stringent.

D) None of the above.

Question 44: Price fixing is generally illegal because...

A) It undermines the competitive system to the detriment of the buyer.

B) It is immoral.

C) it is based on collusion.

D) All of the above.

Question 45: Prime responsibility for advertising rest on:

A) The federal government.

B) Nobody. Advertising is generally an unregulated industry.

C) The one who initiates and directs the advertising.

D) The advertising agencies.

Question 46: Subliminal advertising is manipulative because:

A) The practice tends to produce more harm than good.

B) It can be used to advocate moral behavior which may be objectionable in some way to some people.

C) It acts on us without our knowledge or consent.

D) All of the above.

Question 47: In the 1970's, Leon Sullivan served as...

A) The President of South Africa.

B) The Chairman of General Motors.

C) A member of the GM board of directors.

D) A U. S. Congressman.

Question 48: A benefit of secret bidding would be:

A) secrecy tends to produce lower prices

B) secrecy lends anonymity to the bidders

C) secrecy tends to produce fairer bids

D) all of the above

Question 49: Which of the following is not a right of employers:

A) employers can limit their employees free speech on the job

B) employers can limit what political activities their employees participate in

C) employers have the right to demand work of a specific kind from their employees

D) employers can limit what their employees say on the email service the employer provides

Question 50: The U.S. position on the Kyoto Protocol is that:

A) it would reduce global warming at an alarming rate

B) the reductions in greenhouse gases specified by the Protocol weren't high enough

C) it imposed too great a burden on the U.S.

D) the U.S. is not a member of the Protocol, thus they have no position.

Reference no: EM13743997

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