Reference no: EM133388372
Questions
1. Ethics is the consideration of how one should act, based on which of the following concepts?
morality, or principles of right and wrong
the moral minimum
strict legality and legal compliance
cause and effect
2. Under which principle of ethics would a person consider whether his or her action is one that every other person should take?
Kant's categorical imperative
outcome-based ethics
the principle of rights
religious principles of ethics
3. When making a decision using the stakeholder theory of management, a business professional would place more weight on which of the following? Choose 2 answers.
the harm to customers from using the company's product over profits
its profitability over the impact on employees
the impact of its decision on the value of its stock
the impact of its decisions on employees over the profitability of the business
4. Which of the following activities is an example of corporate social responsibility?
careful compliance with employee safety regulations
ensuring all employees meet minimum licensure standards
funding a research project that supports the company's marketing initiative for a new product
establishment of a foundation that funds high school educational initiatives
5. Which of the following are methods of preventing unethical behavior?
establishing a company code of ethics
keeping an attorney on retainer
allowing lower-level managers to develop their own ethical rules
terminating an employee for unethical behavior
6. Which of the following illustrates a financial or non-financial cost of unreported unethical behavior to a company? Choose 2 answers.
Employee morale hit an all-time low when Scott, the line supervisor, ignored repeated instances of harassment by certain employees.
Sweet Home Diner lost half of its business when the community became outraged with the owner for failing to stop the racist social media postings of the restaurant manager.
Brown Shoe Manufacturing, Inc. recently lost one-third of its stitching room employees to a nearby competitor. The chief executive officer decided to forego a portion of his salary so the company could increase the salaries of all employees.
The Old Mill relocated one of its plants, at a cost of over $1 million, when it discovered it was polluting a local river.
7. Under which theory of ethics would a decision be ethical if it provides the greatest benefit for the largest number of individuals?
duty-based ethics
corporate social responsibility
utilitarianism
Kantianism
8. A company exhibits responsible corporate citizenship when it:
expands globally.
develops a code of ethics.
uses its wealth and influence to benefit society as a whole.
maximizes profits for its shareholders.
9. Under the principle of rights, the term "rights" refers to:
property rights.
shareholder rights.
citizenship rights.
the fundamental rights of human beings.
10. In ethics, compliance with the law is considered:
the moral maximum.
corporate social responsibility.
the principle of rights.
the moral minimum.