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Exam 3: Ethics in Business

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Question 31

True/False

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Under the categorical imperative, an unethical decision that would have only a small impact is acceptable as long as no one else in society acts the same way.

A) True
B) False

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Question 32

Multiple Choice

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The utilitarian theory of ethics does not require

A) a choice among alternatives to produce the maximum societal utility.
B) a determination of whom an action will affect.
C) an assessment of the effects of alternatives on those affected.
D) the acquiring of the means of production by workers.

E) None of the above
F) All of the above

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Question 33

Multiple Choice

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Cynthia is the chief financial officer of Digital Corporation. In that capacity, when she is unsure whether a certain business action is legal, she should act

Under the principle of rights theory, the key factor in a decision is how the result may harm the rights of the company to make money.

When making decisions that are ethical under either profit maximization or corporate citizenship theories, a business should include all of the following steps except

It can be difficult to predict with certainty how a court will apply a given law to a particular action.

Hale, research manager for Investor Fund, Inc., adheres to utilitarian ethics in making business and ethical decisions that involve the actions of the firm. According to this standard, an action is morally correct when it produces the greatest good for

Seafood Café Company makes products that can cause severe health problems to those with shellfish allergies. Seafood analyzes the cost of warning people of the risk (which they believe is obvious) and the risk of harm to people if no warning is included in advertising and on menus. This analysis most likely is part of

Holdings Corporation, a top-performing company, may be more likely to behave unethically than a less successful company if

The triple bottom line looks at all of the following except

Artificial Intelligence Inc. sells to Beta Bots Corporation a promising idea for a technological innovation that is still being developed and that looks very promising. This is

Rationalization is the process of making a logical decision based in evidence and an analysis of the ethical dimensions of the decision.

Under the "stakeholder view," no group ever has a greater stake in company decisions than the shareholders do.

Under the principle of rights theory, a key factor in determining whether a business decision is ethical is how that decision

Judging a job applicant based on what an online search reveals about the applicant's activities outside the workplace universally is viewed as ethical.

Outcome-based ethics determines what is ethical by looking at the potential benefits and harms of a given action.

In making a business decision, Jin Soo brainstorms possible solutions to his problem and then considers what he should do. If Jin Soo is using the IDDR approach to decision making, he is in the

If a company strictly complies with existing laws, the firm will

Lucy is a business manager for Manufacturing Company. Ethical issues that Lucy is not likely to encounter include determining

The study of ethics goes no further than the requirements of the law to evaluate what is right for society.