Reference no: EM131655430

1. Some philosophers and economists maintain that until corporations identify and assess the cost of possible deleterious side effects of their business activity, the cost of their products will not reflect their true social cost. Those side effects are called:

a. hidden costs.

b. production costs.

c. externalities.

d. operating costs

2. Many experts believe that the new organizational structures and work practices that will be needed for the nation's future economic success will be:

a. the traditional command and control model of management.

b. collaborative and cooperative work practices.

c. greater emphasis on individualism.

d. telecommuting. 

3. In determining whether an action is right or wrong, both act and rule utilitarians look to_______ as the overarching value. 

4. If they are to be fair, personnel policies and procedures should be applied on a case by case basis. True False 

5. The FDA vouches for the safety of cosmetics and personal care products. True False 

6. Manufacturers should do everything_______ to approach the ideal of accident and injury-proof products. 

7. Most moral theorists contend that animals need to be equal to human beings in order to have certain moral rights that we must respect. True False