QUESTION Businesses can make sure that they are hiring individuals with strong personal ethics by: A. employing only those people who have a very high intelligence quotient. B. administering simple tests that indicate analytical skills of a prospective employee. C. asking for letters of reference from the prospective employees. D. hiring only those people who […]
QUESTION The code of ethics of a company draws heavily upon documents such as the UN Universal Declaration of Human Rights, which itself is grounded in Kantian and rights-based theories of moral philosophy. In the context of this information, this company is most likely to: A. restrict its employees from joining a trade union. B. […]
QUESTION The primary purpose for which managers use a moral compass is to: A. help them navigate through difficult ethical dilemmas. B. maximize stockholders’ wealth. C. legally justify their unethical behavior. D. identify new markets that have the best growth potential. E. establish political imperialism in host countries. ANSWER A
QUESTION In a business setting, which of the following practices is most likely to be considered as unethical? A. Allowing managers within a company to act in accordance with rights theories B. Promoting employees who engage in ethical behavior and penalizing those who do not C. Hiring independent auditors to ensure that subcontractors used by […]
QUESTION Who falls into the category of external stakeholders of an organization? A. Employees B. Customers C. Trustees D. Board of directors E. Stockholders ANSWER B
QUESTION The process of ethical decision-making or ethical algorithm typically begins with: A. identifying which stakeholders a decision would affect and in what ways. B. judging the ethics of the proposed strategic decision. C. managers establishing a moral intent. D. auditing a decision to check for its consistency with ethical principles. E. reviewing a decision […]
QUESTION Which of the following terms means standing in the shoes of a stakeholder and asking how a proposed decision might impact that stakeholder? A. Corporate espionage B. Ethical dilemma C. Cultural relativism D. Moral imagination E. Moral courage ANSWER D
QUESTION Elephas Inc. is a steel rod manufacturing company that has customers, investors, vendors, and competitors from all across the globe. Of the following business associates, who would fall into the category of internal stakeholders? A. Ace Globe Inc., a firm that supplies machinery to Elephas B. Matt, a prominent member of the top management […]
QUESTION Which of the following statements is true about ethical decision making? A. In ethical decision making, managers need not consider the implications of a proposed strategic decision on external stakeholders. B. In ethical decision making, it is illegal to apply the moral principles articulated in any company document other than the code of ethics. […]
QUESTION Which of the following steps in ethical decision making is most likely to help businesspeople know if their decision process is working and if changes should be made to ensure greater compliance with a code of ethics? A. Judging the ethics of the proposed decision B. Auditing past decisions C. Establishing a moral intent […]
