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The Correct Answer For Each Question Is Indicated by A
The Correct Answer For Each Question Is Indicated by A
1T
The quest to maximize profitability should be constrained by:
unethical obligations.
A)
stakeholders.
C)
ethical obligations.
D)
2
INCORREC The process by which companies identify the most important stakeholders
T is called:
shareholder analysis.
D)
3
INCORREC If shareholders sell off their shares because they are not pleased with
T management decisions, which of the following is the most likely result?
4 CORRECT
Accepted principles of right or wrong governing the conduct of
businesspeople are called:
business values.
A)
business ethics.
B)
business principles.
C)
business conduct.
D)
5
INCORREC __________ behavior tends to arise when mangers decide to put the
T attainment of their own personal goals, or the goals of the organization,
above the fundamental rights of one or more stakeholder groups.
Unethical
A)
Confusing
B)
Complementary
C)
Situational
D)
6
INCORREC The main difference between utilitarianism and rights theories is:
T
utilitarianism establishes a minimum level of morally acceptable
A) behavior, whereas rights theories emphasize the greatest good for the
greatest number.
utilitarianism focuses on attaining a fair and equitable distribution of
7
INCORREC Which of the following actions will likely lead to organizational ethical
T behavior?
8
INCORREC Which of the following is one of the questions that can be used to
T determine whether a decision is ethical?
Does my decision fall within the accepted values or standards that
A) typically apply in the organizational environment?
Would the people with whom I have a significant personal
B) relationship approve of the decision?
Am I willing to see the decision communicated to all stakeholders
C) affected by it?
All of the above are questions that can be used to determine whether a
D) decision is ethical.
9
INCORREC Strong corporate governance procedures are needed to ensure that:
T
10
INCORREC Socially responsible behavior:
T
is in a firm's self-interest.
C)