Week 3

Question 1

Which characteristic describes the nature of ethical decisions that consider the social costs and benefits from alternative ethical choices?

Answer 1

Mixed outcomes

Question 2

Which of the following best describes Islam at the height of its civilisation?

Answer 2

Progressive

Question 3

Which of the following is part of an unethical advertising agenda?

Answer 3

Defaming the products of competitors

Question 4

The hazardous working conditions in a company’s factory had been reported to the authorities. The company had taken minimal steps in response to it and would only make further improvements if another official complaint was made. It can thus avoid or postpone the costs it has to incur.

Which method of analysis regarding the ethical problems in management has the above company used in reaching its decision to postpone further improvements?

Answer 4

The correct answer is economic analysis.

Ethical decisions are not simple choices between right and wrong. They are complex judgements on the balance between the economic and social performances of an organisation. There has to be a balance between economic and social performances. In order to reach the balance, there are three relevant methods of analysis that are economic analysis, ethical analysis and legal analysis.

Question 5

“To produce goods with environmentally unsafe materials will definitely damage the environment, but improve companies’ profits due to lower cost of production.”

Which characteristic of ethical problems in management does the above issue relate to?

Answer 5

Mixed outcome