QUESTION The best decisions, from a utilitarian perspective, are those that: A. maximize a firm’s profit. B. maximize stockholders’ wealth. C. have greater social costs than benefits. D. produce the greatest good for the greatest number of people. E. result in the justified treatment of a minority. ANSWER D
Date: September 3rd, 2020
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. […]
Date: September 3rd, 2020
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
Date: September 3rd, 2020
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 […]
Date: September 3rd, 2020
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
Date: September 3rd, 2020
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
Date: September 3rd, 2020
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
Date: September 3rd, 2020
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 […]
Date: September 3rd, 2020
QUESTION Which of the following is most likely to lead to unethical behavior in a business setting? A. A strong sense of personal ethics exhibited by employees B. Expatriate managers working away from their ordinary social context and supporting culture C. Providing managers with a moral compass or an ethical algorithm D. Large business corporations […]
Date: September 3rd, 2020
QUESTION A righteous moralist is most likely to claim that: A. a multinational’s home-country standards of ethics are the appropriate ones for companies to follow in foreign countries. B. a firm should adopt the ethics of the culture in which it is operating. C. people should be treated as ends and never purely as means […]
Date: September 3rd, 2020
