QUESTION Which of the following is a drawback of the utilitarian approach to business ethics? A. It omits the consideration of justice. B. It fails to consider the benefits, costs, and risks of a course of action. C. It advocates moral imperialism and ethnocentrism. D. It overemphasizes the significance of maximization of stockholder wealth. E. […]
QUESTION Which of the following approaches to ethics holds that an action is judged desirable if it leads to the best possible balance of good consequences over bad consequences? A. Ethnocentric B. Utilitarian C. Cultural relativist D. Naive immoralist E. Righteous moralist ANSWER B
QUESTION The utilitarian philosophy for business ethics primarily focuses on: A. applying home-country standards of ethics in foreign countries. B. adopting the ethics of the culture in which a business operates. C. maximizing business profits by increasing employee productivity. D. ensuring justified treatment of any minority. E. weighing the benefits, costs, and risks associated with […]
QUESTION Adoption of which of the following ethical approaches is most likely to cause a company to use tools such as cost-benefit analysis and risk assessment to weigh all of the social benefits and costs of a business action? A. Naive immoralism B. Friedman doctrine C. Ethnocentrism D. Utilitarianism E. Righteous moralism ANSWER D
QUESTION Some contemporary moral philosophers view Kant’s ethical philosophy as incomplete because his system has no place for: A. basic human rights. B. the moral worth of actions. C. moral emotions and sentiments. D. just and fair treatment of a minority. E. human dignity. ANSWER C
QUESTION Which of the following philosophies of ethics holds that people should be treated as ends and never purely as means to the ends of others? A. Kantian ethics B. The Friedman doctrine C. Cultural relativism D. Righteous moralism E. Naive immoralism ANSWER A
QUESTION Which of the following is a violation of ethics according to Kantian philosophy? A. Employing people to work at sweatshops B. Treating people as ends rather than as means C. Practicing superior standards of employment in the host country D. Empowering people with fundamental rights and privileges E. Treating employees as conscious moral beings […]
QUESTION Which of the following statements is true about the Universal Declaration of Human Rights? A. This declaration provides different sets of fundamental rights and privileges for different cultures. B. According to this declaration, it is unethical to employ child labor in sweatshops even if that happens to be common in some countries. C. This […]
QUESTION According to the theory of rights: A. firms can pursue actions that violate fundamental rights in order to maximize profits. B. collective good forms the basis for the moral compass that managers should use when making ethical decisions. C. fundamental human rights and privileges transcend national boundaries and cultures. D. people should be treated […]
QUESTION While making a business decision, a manager who believes in rights theories is most likely to focus on: A. respecting fundamental human privileges. B. achieving collective goals, even if that involves violating fundamental rights. C. propagating home-country standards of ethics. D. weighing the associated social benefits, costs, and risks. E. maximizing stockholders’ wealth and […]
