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 […]
QUESTION Which of the following concepts was developed by John Rawls and posited that everyone is imagined to be oblivious to all of his or her particular characteristics, such as, race, sex, intelligence, nationality, family background, and special talents? A. Tragedy of the commons B. Naive immoralism C. The Universal Declaration of Human Rights D. […]
QUESTION Which of the following is the last step in ethical decision making? A. Judging the ethics of the proposed decision B. Establishing moral intent C. Auditing of decisions D. Engaging in ethical behavior E. Identifying the stakeholders a decision would affect ANSWER C
QUESTION Under John Rawls’s concept of veil of ignorance, people are imagined to be ignorant of their: A. fundamental duties. B. fundamental rights. C. particular characteristics such as race, sex, and nationality. D. political and economic freedom. E. social responsibilities. ANSWER C
QUESTION When an employee says no to a supervisor because what he or she was asked to do was unethical, it exhibits the employee’s: A. moral courage. B. organizational citizenship. C. ethical dilemma. D. cross-cultural literacy. E. cultural relativism. ANSWER A
QUESTION The veil of ignorance, a conceptual device designed by John Rawls, supports: A. impartiality in justice. B. oppression of people by totalitarian governments. C. economic suppression of people. D. apartheid laws. E. cultural relativism. ANSWER A
QUESTION Which of the following is most likely to be a function of ethics officers in firms? A. Auditing decisions to make sure they are consistent with the company’s moral principles B. Identifying the ethical principles followed by competing companies C. Ensuring that the economic interests of stakeholders is given prime importance D. Training managers […]
QUESTION Who asserts that all economic goods and services should be distributed equally except when an unequal distribution would work to everyone’s advantage? A. John Rawls B. Leon Sullivan C. Garrett Hardin D. Milton Friedman E. Carol Gilligan ANSWER A
