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    Business Ethics With Good Governace & Social Responsibility Midterm Quiz 2

    Uploaded by

    Santi Seguin
    The document discusses that whether we formally study ethics or not, we are constantly answering ethical questions through our everyday decisions and actions. Studying ethics allows us to consciously and deliberately address moral issues rather than leaving ethical decisions to chance.

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    © All Rights Reserved
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    Business Ethics With Good Governace & Social Responsibility Midterm Quiz 2

    Uploaded by

    Santi Seguin
    142 views3 pages
    The document discusses that whether we formally study ethics or not, we are constantly answering ethical questions through our everyday decisions and actions. Studying ethics allows us to consciously and deliberately address moral issues rather than leaving ethical decisions to chance.

    Original Description:

    Business Ethics With Good Governace & Social Responsibility Midterm Quiz 2

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    The document discusses that whether we formally study ethics or not, we are constantly answering ethical questions through our everyday decisions and actions. Studying ethics allows us to consciously and deliberately address moral issues rather than leaving ethical decisions to chance.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    142 views3 pages

    Business Ethics With Good Governace & Social Responsibility Midterm Quiz 2

    Uploaded by

    Santi Seguin
    The document discusses that whether we formally study ethics or not, we are constantly answering ethical questions through our everyday decisions and actions. Studying ethics allows us to consciously and deliberately address moral issues rather than leaving ethical decisions to chance.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 3

    The major reason to study ethics is that whether or not we examine the questions

    What should I do? or What type of person should I be? or How shall we live in
    community? we answer them in the course of living our everyday lives.

    Select one:
    a.
    False
    b.
    True
    Which statement/s are characteristic of virtue ethics?

    Select one:
    a.
    Even if a person is caring, empathetic, charitable, and sypathetic, the challenge of
    egoism is still a factor in his decision-making.
    b.
    Our character traits are easily modified, almost on a daily basis if we so choose.
    c.
    Like Kantian ethical theory, virtue ethics requires that we disregard personal emotions
    and feelings.
    d.
    Virtue ethics is about describing people as good or bad.
    e.
    All of the answers are correct
    f.
    No correct answer
    Which of the following statements is decisive in determining whether or not to study
    business ethics?

    Select one:
    a.
    The answers to ethical questions are clear-cut enough; all business people already
    know right from wrong.
    b.
    Business managers do not need to study ethics in order to know how to treat
    employees, shareowners, and customers.
    c.
    Ethical concerns are as unavoidable in business as are concerns of marketing,
    accounting, finance, and human resources. Formal study of business ethics helps
    address these concers so that decisions od right and wrong may be made deliberately
    and conscientiously.
    d.
    Business and ethics simply do not mix. In the final analysis, self-interest represented
    by profit overrides the interests of employees, customers, and communities.
    According to philanthropic model of corporate social responsibility, the social
    responsibility of business managers is to pursue profit with the law.

    Select one:
    a.
    False
    b.
    True
    Because the language of ethics is so different from talk about operational fields of
    finance, marketing, accounting, management, law, and human resources, ethical
    concepts and categories are not relevant to these fields.

    Select one:
    a.
    False
    b.
    True
    A corporate director who bought that company stock when he knew it was about to
    jump up in price committed fraud by buying it while not disclosing his inside
    information.

    Select one:
    a.
    False
    b.
    True
    Freud and Fraedrich illustrate two kinds of ethics programs, compliance and values-
    based.

    Select one:
    a.
    True
    b.
    False
    Which of the following reasons accounts for the dominance of utilitarianism among
    policy makers and administrators?

    Select one:
    a.
    Policy experts focus on the collective or aggregate good.
    b.
    Efficiency is simply another word for maximizing happiness.
    c.
    No correct answer
    d.
    Policy experts at all levels are focused on results and getting things done.
    e.
    All of the answers are correct.
    f.
    It seems obvious that policy questions should be judged by results
    What people do value and what they should value are not necessarily the same.

    Select one:
    a.
    True
    b.
    False
    If something is seriously wrong, the law will prohibit it. Consequently, it is enough to
    rely on the law for deciding what is right or wrong.

    Select one:
    a.
    True
    b.
    False

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