Question Assignment: Test 2, Chapters 4, 5, 7 1. 1.00 point

Assignment: Test 2, Chapters 4, 5, 7

1.

1.00 point

When faced with an ethical issue in business, people rely on the laws enacted by the Congress to decide what is right or wrong.

True

False

2.

1.00 point

Unlike utilitarianism, egoism directly seeks the greatest good for the greatest number of people.

True

False

3.

1.00 point

People in Kohlberg’s conventional stage of cognitive moral development conform to the expectations of ethical behavior held by groups or institutions such as society, family, or peers.

True

False

4.

1.00 point

Milton Friedman contended that a business cannot increase its profits while conforming to society’s laws and ethical customs.

True

False

5.

1.00 point

A company can easily avoid environmental issues since the creation and distribution of wealth generates very few by-products.

True

False

6.

1.00 point

Ecocentric management centers around practices that maximize current economic growth, irrespective of the potential harm to future generations.

True

False

7.

1.00 point

_____ refers to the moral principles and standards that guide the behavior of an individual or group.

Corporate legitimacy

Ethics

The legal system

Justice

Prioritization

8.

1.00 point

Caring, being honest, showing loyalty, being fair, and acting with integrity are all examples of:

citizenship.

self focus.

ethics.

excellence.

values.

9.

1.00 point

_____ refers to the principles, rules, and values people use in deciding what is right or wrong.

Corporate legislation

Business responsibility

Moral philosophy

Sustainability index

Ecocentric management

10.

1.00 point

_____ is the ethical system stating that all people should uphold certain values that society needs to function.

Utilitarianism

Universalism

Egoism

Relativism

Virtue ethics

11.

1.00 point

Donna prefers gymnastics to music. However, she agrees to attend music lessons because her parents want her to become a musician. According to Kohlberg’s model of cognitive moral development, she resides in the _____ stage.

preconventional

conventional

principled

universal

utilitarian

12.

1.00 point

John Rawls, a philosopher, maintained that only a person ignorant of his or her own identity can make a truly ethical decision. This thought experiment is based on:

the veil of ignorance.

the “light of day” principle.

the concept of “strategic philosophy.”

the concept of a transcendent education.

the “sunshine” ethical framework.

13.

1.00 point

In the context of the business costs of ethical failures, which of the following is a level 3 cost?

Cost of government oversight

Administrative and audit cost

Cost of corrective action

Cost of remedial education

Employee cynicism cost

14.

1.00 point

In the context of business ethics, the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 issued a broader _____ rule in order to address the weaknesses of the Sarbanes-Oxley Act.

anti-discrimination

sexual harassment protection

whistleblower

human rights responsibility

environmental preservation

15.

1.00 point

In the context of corporate social responsibility, _____ responsibilities are to obey local, state, federal, and relevant international laws.

legal

philanthropic

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