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QUESTION 1

1. 
Which of the following statements is true about ethical decision
making in ?

A.

It
is limited to the type of major corporate decisions with social consequences.

B.

It
should rely on the personal values and principles of the individuals involved

C.

It
involves significant general policy issues that affect entire organizations.

D.

Every
employee, except workers in a process-oriented organization, will be faced
with an issue that will require ethical decision making.

4 points  

QUESTION 2

1. 
Which of the following best describes a business stakeholder?

A.

Anyone
who affects or is affected by decisions made within a firm.

B.

Anyone
who has acquired significant shareholding in a firm.

C.

Anyone
with a controlling interest in a firm.

D.

Minority
shareholders in a business entity.

A corporatestakeholderis a person or group who
can affect or be affected by the actions of abusiness.
Internalstakeholdersare groups within abusinessor people who work
directly within thebusiness,
such as employees, owners, and investors.

4 points  

QUESTION 3

1. 
The aspect ethics
that examines business institutions from a social rather than an individual
perspective is referred to as:

A.

institutionalized
ethical responsibility.

B.

corporate
cultural responsibility.

C.

decision
making for social responsibility.

D.

institutional
morality.

4 points  

QUESTION 4

1. 
Kathy, your best friend and , asks you to
help her with a challenging ethical predicament. Which of the following would
be your first step in the decision making ?

A.

Identifying
the ethical issue

B.

Considering
the available alternatives

C.

Determining
the facts of the situation

D.

Making
the decision

1  Identify a problem or opportunity

2  Step 1:Identify the
decision to be made.
You realize that a decision must be made. You then go
through an internal process of trying to define clearly the nature of the
decision you must make.

4 points  

QUESTION 5

1. 
Which of the following statements reflects the concept of normative
myopia?

A.

“I
was so involved in our debate that I missed the red light. We need to limit
our conversations in the car.”

B.

“I
may have exaggerated the features of the product to get this sale. You knew
how important this deal was for me.”

C.

“Brad
met with an accident because he was drunk while driving. I hope he has learnt
his lesson.”

D.

“I
never expected Draco to steal from me; he has been my friend for so
long.”

4 points  

QUESTION 6

1. 
In the ethical decision-making process, once we have examined
the facts and identified the ethical issues involved, we should next:

A.

make
the decision.

B.

consider
the available alternatives.

C.

identify
stakeholders.

D.

monitor
and learn from the outcomes.

4 points  

QUESTION 7

1. 
Which of the following explains the term
“satisficing?”

A.

Considering
limited alternatives while making decisions.

B.

Selecting
the alternative that meets minimum decision criteria.

C.

Following
simplified decision rules.

D.

Selecting
the alternative simply because it is the easy way out.

4 points  

QUESTION 8

1. 
Ethical reasoning falls into three major categories. Identify
them.

A.

Utility,
virtue, and values

B.

Universal
rights, values, and moral principles

C.

Personal
character, consequences, and principles

D.

Universal
rights, cultural norms, and mores

4 points  

QUESTION 9

1. 
The study of various character traits that can contribute to, or
obstruct, a happy and meaningful human life is part of:

A.

philosophical
ethics.

B.

virtue
ethics.

C.

deontological
ethics.

D.

utilitarianism.

4 points  

QUESTION 10

1. 
Utilitarianism has been called a(n):

A.

consequentialist
approach to ethics.

B.

behavioral
approach to ethics.

C.

commonsensical
approach to ethics.

D.

intuitive
approach to ethics.

4 points  

QUESTION 11

1. 
Which of the following traditions would support child labor
because it produces better overall consequences than the available
alternatives?

A.

Virtue
ethics

B.

Deontological
ethics

C.

Utilitarianism

D.

Classicism

4 points  

QUESTION 12

1. 
Economists that view profit maximization as a central idea to
corporate social responsibility are following the:

A.

Kantian
framework of ethics.

B.

utilitarian
framework of ethics.

C.

deontological
framework of ethics.

D.

virtue-based
framework of ethics.

4 points  

QUESTION 13

1. 
Which of the following is true about corporate culture?

A.

Corporate
cultures shape the people of the organization, without getting affected by
them.

B.

Corporate
cultures are generally static, but can be changed by voluntary action of the
top managers.

C.

Corporate
cultures can hinder individuals in making the “right” decisions.

D.

Corporate
Cultures cannot hinder individuals in making the “right” decisions.

4 points  

QUESTION 14

1. 
Which of the following statements is true about ethical
corporate cultures?

A.

Ethical
organizational culture cannot have a direct impact on the bottom line.

B.

If
attended to and supported, a strong ethical culture can serve as a deterrent
to stakeholder damage.

C.

Even
if ignored, organizational culture could reinforce a perception that “anything
goes,” and “any way to a better bottom line is acceptable,”
building long-term sustainability.

D.

The
responsibility for creating and sustaining ethical corporate cultures rests
on law enforcement agencies.

4 points  

QUESTION 15

1. 
Which of the following is true about corporate culture?

A.

An
integrity-based culture is one that reinforces a particular set of rules.

B.

A
compliance culture is only as strong and as precise as the rules that workers
are expected to follow.

C.

Values-based
organizations do not include a compliance structure.

D.

A
values-based culture emphasizes obedience to the rules as the primary
responsibility of ethics.

4 points  

QUESTION 16

1. 
Which of the following involves the disclosure of unethical or
illegal activities to someone who is in a position to take action to prevent or
punish the wrongdoing?

A.

Gentrification

B.

Redlining

C.

Whistleblowing

D.

Flyposting

4 points  

QUESTION 17

1. 
The law has created a form of business that limits the liability
of individuals for the risks involved in business activities. Identify the form
of business.

A.

Corporation

B.

Partnership

C.

Limited
partnership

D.

Proprietorship

4 points  

QUESTION 18

1. 
Which of the following is true about the economic model of CSR?

A.

It
holds that businesses should not only pursue profits, but it should also do
its part for environment sustainability.

B.

It
has its roots in the Kantian tradition of ethics.

C.

According
to this model, profit is a direct measure of how well a business firm is
meeting society’s expectations.

D.

It
holds that social goals should be at the heart of a firm’s mission.

4 points  

QUESTION 19

1. 
“Just as individuals have no ethical obligation to
contribute to charity or to do volunteer work in their community, business has
no ethical obligations to serve wider social goods. But, just as charity is a
good thing and something that we all want to encourage, business should be
encouraged to contribute to society in ways that go beyond the narrow
obligations of law and economics.” Identify the model of CSR that reflects
this line of thought.

A.

Integrative
model

B.

Stakeholder
theory

C.

Philanthropic
model

D.

Social
Web model

4 points  

QUESTION 20

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