Chapter 1 Flashcards

1
Q

Which of the following best describes ethical standards?

-Norms of behavior in a society
-Laws that govern acceptable behavior
-How reasonable moral standards are when applied to your life
-Universal standards based on impartial rules

A

How reasonable moral standards are when applied to your life

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2
Q

Which of the following best describes an organization’s obligations toward society?

-Ethics
-Morals
-Values
-Corporate social responsibility

A

Corporate Social Responsibility

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3
Q

Which of the following best describes the basis for moral standards?

-Moral standards are based on authority
-Moral standards deal with serious issues
-Moral standards are based on personal experiences
-Moral standards are based on personal beliefs

A

Moral standards deal with serious issues

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4
Q

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?

-Shareholder theory
-Normative theory
-Stakeholder theory
-Law of Agency theory

A

Stakeholder theory

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5
Q

Which of the following best describes the criteria by which we judge manners and rules of behavior?

-Ethical norms
-Moral norms
-Nonmoral standards
-Standard values

A

Nonmoral standards

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6
Q

Which of the following best describes hypernorms as moral standards?

-Norms that differ from one community to the next
-Norms that can only be applied if the community accepts those norms
-Norms that a community accepts because it follows rules of microsocial norms
-Moral standards that should be applied to all people in all societies

A

Moral standards that should be applied to all people in all societies

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7
Q

Which of the following is defined as standards of what a group or individual feels is right or wrong, good or evil?

-Morality
-Ethics
-Standards
-Values

A

Morality

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8
Q

Which of the following describes the level of moral responsibility when there is an absence of causality, knowledge, or freedom?

-The individual is morally responsible
-Moral responsibility is mitigated
-The organization is morally responsible
-Moral responsibility is completely eliminated

A

Moral responsibility is completely eliminated

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9
Q

Technology now allows for the altering of cells in plants, humans, and animals in a process called

-Genetic engineering
-Nanotechnology
-Biotechnology
-Information engineering

A

Genetic engineering

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10
Q

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?

-Interpersonal concordance orientation
-Social contract orientation
-Instrumental and relative orientation
-Punishment and obedience orientation

A

Instrumental and relative orientation

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11
Q

Ethical Issues about the economic, political, or legal aspects that a business operates under are referred to as ____ issues.

-corporate
-individual
-governmental
-systematic

A

Systematic

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12
Q

Which of the following component of moral reasoning is based on an individual’s conclusions about people, policies, institutions, or behaviors?

-Factual information
-Facility for moral judgment
-Ability for emotional reasoning
-Understanding of moral standards

A

Facility for moral judgement

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13
Q

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?

-Causality
-Duty
-Obligation
-Freedom

A

Causality

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14
Q

According to World Bank reports, which of the following is a disadvantage of globalization?

-Business operations can move to countries with lower labor costs
-Inequalities increase between and within nations
-Consumers have access to lower priced goods
-Developed nations only grew at about 2 percent per capita

A

Inequalities increase between and within nations

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15
Q

What criteria are used to evaluate moral reasoning?

-Standards universal to all cultures
-Factual evidence limited only to that which supports the conclusion
-Logic and evidence
-Clearly defined choices

A

Logic and evidence

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16
Q

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

-moral agents
-machines
-individuals
-regulators

A

Moral agents

17
Q

The process of sharing goods, services, knowledge, and cultures across national borders is referred to as

-multinationalism
-relativism
-hypernorms
-globalization

A

Gloablization

18
Q

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?

-Traditionalism
-Globalization
-Relativism
-Microsocial norms

A

Relativism

19
Q

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?

-If it is legal, it is ethical
-Profits benefit all
-The Loyal Agent states it
-Conflict is not unusual

A

Profits benefit all

20
Q

Which of the following is used to reduce, but not eliminate, responsibility for a wrong?

-Causality
-Freedom of choice
-Mitigating factors
-Knowledge

A

Mitigating factors

21
Q

With which area are many of the ethical issues related to information technology concerned?

-Privacy
-Costs
-Accessibility
-Biology

A

Privacy

22
Q

Which of the following is one of the advantages of ethical decision-making as a long-term business strategy?

-Ethical behavior will increase short-term profits
-Ethical behavior will provide positive press opportunities
-Ethical behavior can ensure positive employee relationships
-Ethical behavior can provide significant competitive advantage

A

Ethical behavior can provide significant competitive advantage