Exam Prep Ethics And Business Ch.1

Chapter 1

Velasquez Test Bank

MULTIPLE CHOICE

1. Which of the following is one of the advantages of ethical decision-making as a long-term business strategy?
2. Ethical behavior will increase short-term profits.
3. Ethical behavior will provide positive press opportunities.
4. Ethical behavior can ensure positive employee relationships.
5. Ethical behavior can provide significant competitive advantage.

Topic: The Nature of Business Ethics

Learning Objective: 1.1: Analyze the basic nature of business ethics

Skill Level: Understand the concepts

Difficulty Level: Moderate

1. Which of the following is defined as standards of what a group or individual feels is right or wrong, or good or evil?
2. Morality
3. Ethics
4. Standards
5. Values

Topic: Moral Reasoning and Moral Decision Making

Learning Objective: 1.2: Emphasize the importance of moral reasoning and moral decision-making in business ethics

Skill Level: Understand the concepts

Difficulty Level: Difficult

1. Which of the following best describes the criteria by which we judge manners and rules of behavior?
2. Ethical norms
3. Moral norms
4. Nonmoral standards
5. Standard values

Topic: Moral Reasoning and Moral Decision Making

Learning Objective: 1.2: Emphasize the importance of moral reasoning and moral decision-making in business ethics

Skill Level: Understand the concepts

Difficulty Level: Moderate

1. Which of the following can be described as an example of a moral standard?
2. Do not be late for a meeting.
3. Do not harm others.
4. Do not use a work computer for personal use.
5. Do not discuss pay issues with others.

Topic: Moral Reasoning and Moral Decision Making

Learning Objective: 1.2: Emphasize the importance of moral reasoning and moral decision-making in business ethics

Skill Level: Apply what you know

Difficulty Level: Moderate

1. Which of the following best describes the basis for moral standards?
2. Moral standards are based on authority.
3. Moral standards deal with serious issues.
4. Moral standards are based on personal experiences.
5. Moral standards are based on personal beliefs.

Topic: Moral Reasoning and Moral Decision Making

Learning Objective: 1.2: Emphasize the importance of moral reasoning and moral decision-making in business ethics

Skill Level: Understand the concepts

Difficulty Level: Moderate

1. Which of the following best describes ethical standards?
2. Norms of behavior in a society
3. Laws that govern acceptable behavior
4. How reasonable moral standards are when applied to your life
5. Universal standards based on impartial rules

Topic: Moral Reasoning and Moral Decision Making

Learning Objective: 1.2: Emphasize the importance of moral reasoning and moral decision-making in business ethics

Skill Level: Analyze it

Difficulty Level: Moderate

1. Ethical issues about the economic, political, or legal aspects that a business operates under are referred to as _____ issues.
2. corporate
3. individual
4. governmental
5. systemic

Topic: Moral Reasoning and Moral Decision Making

Learning Objective: 1.2: Emphasize the importance of moral reasoning and moral decision-making in business ethics

Skill Level: Apply what you know

Difficulty Level: Moderate

1. Because companies intentionally engage in actions such as production and sales, some people believe they should be held morally responsible for their decisions and actions. This view considers companies as having to act as
2. moral agents.
3. machines.
4. individuals.
5. regulators.

Topic: Moral Reasoning and Moral Decision Making

Learning Objective: 1.2: Emphasize the importance of moral reasoning and moral decision-making in business ethics

Skill Level: Analyze it

Difficulty Level: Easy

1. There have been several arguments against business ethics. Which argument best supports the idea that when an organization makes money, it improves society, so business ethics are not needed?
2. If it’s legal, it is ethical.
3. Profits benefit all.
4. The Loyal Agent states it.
5. Conflict is not unusual.

Topic: Moral Reasoning and Moral Decision Making

Learning Objective: 1.2: Emphasize the importance of moral reasoning and moral decision-making in business ethics

Skill Level: Analyze it

Difficulty Level: Easy

1. Which of the following best describes an organization’s obligations toward society?
2. Ethics
3. Morals
4. Values
5. Corporate social responsibility

Topic: Moral Reasoning and Moral Decision Making

Learning Objective: 1.2: Emphasize the importance of moral reasoning and moral decision-making in business ethics

Skill Level: Understand the concepts

Difficulty Level: Moderate

1. Which theory of corporate social responsibility says that an organization should be run with the best interests of anyone who can benefit from the organization in mind?
2. Shareholder theory
3. Normative theory
4. Stakeholder theory
5. Law of Agency theory

Topic: Moral Reasoning and Moral Decision Making

Learning Objective: 1.2: Emphasize the importance of moral reasoning and moral decision-making in business ethics

Skill Level: Understand the concepts

Difficulty Level: Moderate

1. With which area are many of the ethical issues related to information technology concerned?
2. Privacy
3. Costs
4. Accessibility
5. Biology

Topic: Ethical Issues in International Business

Learning Objective: 1.3: Examine ethical issues arising from globalization and international business connections and practices

Skill Level: Analyze it

Difficulty Level: Moderate

1. Technology now allows for the altering of cells in plants, humans, and animals in a process called
2. genetic engineering.
3. nanotechnology.
4. biotechnology.
5. information engineering.

Topic: Ethical Issues in International Business

Learning Objective: 1.3: Examine ethical issues arising from globalization and international business connections and practices

Skill Level: Apply what you know

Difficulty Level: Moderate

1. The process of sharing goods, services, knowledge, and cultures across national borders is referred to as
2. multinationalism.
3. relativism.
4. hypernorms
5. globalization.

Topic: Ethical Issues in International Business

Learning Objective: 1.3: Examine ethical issues arising from globalization and international business connections and practices

Skill Level: Understand the concepts

Difficulty Level: Moderate

1. According to World Bank reports, which of the following is a disadvantage of globalization?
2. Business operations can move to countries with lower labor costs.
3. Inequalities increase between and within nations.
4. Consumers have access to lower priced goods.
5. Developed nations only grew at about 2 percent per capita.

Topic: Ethical Issues in International Business

Learning Objective: 1.3: Examine ethical issues arising from globalization and international business connections and practices

Skill Level: Analyze it

Difficulty Level: Moderate

1. Which of the following best describes the idea that ethical standards are true based on a particular culture or society, and will change based on the society in which we find ourselves working?
2. Traditionalism
3. Globalization
4. Relativism
5. Microsocial norms

Topic: Ethical Issues in International Business

Learning Objective: 1.3: Examine ethical issues arising from globalization and international business connections and practices

Skill Level: Analyze it

Difficulty Level: Moderate

1. Which of the following best describes hypernorms as moral standards?
2. Norms that differ from one community to the next
3. Norms that can only be applied if the community accepts those norms
4. Norms that a community accepts because it follows rules of microsocial norms
5. Moral standards that should be applied to all people in all societies

Topic: Ethical Issues in International Business

Learning Objective: 1.3: Examine ethical issues arising from globalization and international business connections and practices

Skill Level: Analyze it

Difficulty Level: Moderate

1. According to Kohlberg, during which stage of moral development will a child behave in a specific way in the hopes that others will behave the same way toward him or her?
2. Interpersonal concordance orientation
3. Social contract orientation
4. Instrumental and relative orientation
5. Punishment and obedience orientation

Topic: Foundations of Moral Reasoning

Learning Objective: 1.4: Explain the deep foundations and structure of moral reasoning

Skill Level: Analyze it

Difficulty Level: Moderate

1. According to Kohlberg, during which stage of moral development does one realize there are conflicting moral views and believes there is a fair way to reach consensus about them?
2. Social contract orientation
3. Universal moral principles orientation
4. Law and order orientation
5. Interpersonal concordance orientation

Topic: Foundations of Moral Reasoning

Learning Objective: 1.4: Explain the deep foundations and structure of moral reasoning

Skill Level: Analyze it

Difficulty Level: Moderate

1. Which of the following component of moral reasoning is based on an individual’s conclusions about people, policies, institutions, or behaviors?
2. Factual information
3. Facility for moral judgment
4. Ability for emotional reasoning
5. Understanding of moral standards

Topic: Foundations of Moral Reasoning

Learning Objective: 1.4: Explain the deep foundations and structure of moral reasoning

Skill Level: Analyze it

Difficulty Level: Difficult

1. Which criteria are used to evaluate moral reasoning?
2. Standards universal to all cultures
3. Factual evidence limited only to that which supports the conclusion
4. Logic and evidence
5. Clearly defined choices

Topic: Foundations of Moral Reasoning

Learning Objective: 1.4: Explain the deep foundations and structure of moral reasoning

Skill Level: Understand the concepts

Difficulty Level: Moderate

1. What condition of moral responsibility has been met when a person fails to prevent an injury or wrong when he or she knew there was a potential for injury?
2. Causality
3. Duty
4. Obligation
5. Freedom

Topic: Moral Responsibility and Blame

Learning Objective: 1.5: Assess the factors that define and refine the concept of moral responsibility

Skill Level: Understand the concepts

Difficulty Level: Moderate

1. Which of the following is used to reduce, but not eliminate, responsibility for a wrong?
2. Causality
3. Freedom of choice
4. Mitigating factors
5. Knowledge

Topic: Moral Responsibility and Blame

Learning Objective: 1.5: Assess the factors that define and refine the concept of moral responsibility

Skill Level: Apply what you know

Difficulty Level: Moderate

1. A person might find it difficult to avoid a wrong because of coercion or a threat. What type of moral defense could be used to reduce responsibility?
2. Level of contribution
3. Ignorance
4. Differing moral standards
5. Mitigating factors

Topic: Moral Responsibility and Blame

Learning Objective: 1.5: Assess the factors that define and refine the concept of moral responsibility

Skill Level: Analyze it

Difficulty Level: Moderate

1. Which of the following describes the level of moral responsibility when there is an absence of causality, knowledge, or freedom?
2. The individual is morally responsible.
3. Moral responsibility is mitigated.
4. The organization is morally responsible.
5. Moral responsibility is completely eliminated.

Topic: Moral Responsibility and Blame

Learning Objective: 1.5: Assess the factors that define and refine the concept of moral responsibility

Skill Level: Analyze it

Difficulty Level: Moderate

SHORT ANSWER

1. Discuss reasons why ethics are an important part of an organization.

Sample

Topic: Moral Reasoning and Moral Decision Making

Learning Objective: 1.2: Emphasize the importance of moral reasoning and moral decision-making in business ethics

1. Discuss the concept of organizations acting as moral agents and being held responsible for moral decisions.

Sample

Topic: Moral Reasoning and Moral Decision Making

Learning Objective: 1.2: Emphasize the importance of moral reasoning and moral decision-making in business ethics

1. Compare the shareholder view of corporate social responsibility to the stakeholder view of corporate social responsibility.

Sample

Topic: Moral Reasoning and Moral Decision Making

Learning Objective: 1.2: Emphasize the importance of moral reasoning and moral decision-making in business ethics

1. Discuss the ethical concerns that have surfaced regarding information technology and property rights.

Sample

Topic: Ethical Issues in International Business

Learning Objective: 1.3: Examine ethical issues arising from globalization and international business connections and practices

1. As a senior manager operating in another country, how should you enforce U.S. ethical standards in a culture that has different standards?

Sample

Topic: Ethical Issues in International Business

Learning Objective: 1.3: Examine ethical issues arising from globalization and international business connections and practices

1. Discuss the ways emotions and moral reasoning work together.

Sample

Topic: Foundations of Moral Reasoning

Learning Objective: 1.4: Explain the deep foundations and structure of moral reasoning

1. Identify and explain the three components of moral reasoning.

Sample

Topic: Foundations of Moral Reasoning

Learning Objective: 1.4: Explain the deep foundations and structure of moral reasoning

1. Why is it important that companies have a good understanding of the relationship between blame and moral responsibility?

Sample

Topic: Moral Responsibility and Blame

Learning Objective: 1.5: Assess the factors that define and refine the concept of moral responsibility