Question 1

From the perspective of social responsibility,shareholders are stakeholders.

Accepted Answer

A) True 
 B)False

Question 2

How can the utilitarian approach be used to accommodate child labor?

Accepted Answer

The utilitarian approach focuses on the ...

Question 3

A(n) ________ is an employee who discloses illegal or unethical conduct on the part of others in the organization.

Accepted Answer

A)   connoisseur
B)   critic
C)   whistleblower
D)   analystE) A) and B)
F) A) and C)

Question 4

According to philosopher Immanuel Kant,________ form the basis of all rights.

Accepted Answer

A)   individuality and happiness
B)   freedom and autonomy
C)   fairness and equitability
D)   justice and truthE) None of the above
F) C) and D)

Question 5

An executive who justifies paying a bribe because it allows his company to provide the greatest good for the greatest number of people adheres to the ________ approach to ethical decision making.

Accepted Answer

A)   justice
B)   moral rights
C)   universal
D)   utilitarianE) B) and C)
F) A) and B)

Question 6

Actions that benefit shareholders but harm the other stakeholders would be viewed as ________ from the efficiency perspective but ________ from the social responsibility perspective.

Accepted Answer

A)   managerially responsible; socially irresponsible
B)   socially responsible; managerially irresponsible
C)   socially irresponsible; managerially responsible
D)   managerially irresponsible; socially responsibleE) All of the above
F) A) and C)

Question 7

Which of the following is in accordance with the utilitarian approach to ethical decision making?

Accepted Answer

A)   Do onto others as you would have them do unto everyone, including yourself.
B)   Choose the action that conforms with moral principles.
C)   Try to make decisions that result in the greatest good.
D)   Focus on the equity and process of outcomes.E) A) and B)
F) A) and C)

Question 8

________ is the view that your perspective is correct and the views of people in other cultures are inferior.

Accepted Answer

A)   Ethnocentricity
B)   Universality
C)   Polycentricity
D)   RegiocentricityE) B) and C)
F) A) and C)

Question 9

________ involves the extent to which members of a society agree that an act is either good or bad.

Accepted Answer

A)   Social consensus
B)   Probability of effect
C)   Concentration of effect
D)   Social orderE) None of the above
F) B) and D)

Question 10

Briefly describe the Foreign Corrupt Practices Act.

Accepted Answer

The Foreign Corrupt Practices Act (FCPA)...

Question 11

Which of the following is true regarding the utilitarian approach to ethical decision making?

Accepted Answer

A)   It examines the moral standing of actions independent of their consequences.
B)   The "goodness" or "badness" of an outcome is often subjective.
C)   One should choose a course of action that can be applied to all people under all situations.
D)   Culture and religion do not influence one's judgment of what is good or bad.E) B) and C)
F) None of the above

Question 12

Which of the following is least likely to encourage whistleblowing?

Accepted Answer

A)   communicating procedures to all employees
B)   protecting whistleblowers who make valid claims
C)   having a closed-door policy
D)   investigating all claims based on consistent proceduresE) A) and B)
F) All of the above

Question 13

The ________ associated with the outcome of a given action is the anticipated level of impact,independent of whether the consequences are positive or negative.

Accepted Answer

A)   probability of effect
B)   magnitude of the consequences
C)   concentration of effect
D)   temporal immediacyE) None of the above
F) B) and D)

Question 14

The efficiency perspective of social responsibility states that it is irresponsible to maximize shareholders' wealth because they are not the only ones responsible for a firm's existence.

Accepted Answer

A) True 
 B)False

Question 15

________ is the degree to which people see an issue as an ethical one.

Accepted Answer

A)   Ethnocentricity
B)   Disparate impact
C)   Moral intensity
D)   Social consensusE) None of the above
F) C) and D)

Question 16

At Pixel Inc,all promotions,pay raises,and bonuses are based on employees' attainment of their goals and the extent to which they help the organization reach its objectives.Managers are strictly instructed to disregard irrelevant criteria such as the employee's age,gender,race,and so on when allocating rewards.This is indicative of ________.

Accepted Answer

A)   procedural justice
B)   distributive justice
C)   compensatory justice
D)   interactional justiceE) C) and D)
F) None of the above

Question 17

Which aspect of the justice approach to ethical decision making is concerned with the impartial administration of decision-making processes?

Accepted Answer

A)   procuratory justice
B)   distributive justice
C)   procedural justice
D)   restorative justiceE) B) and C)
F) A) and D)

Question 18

Which of the following is an example of a reactor firm?

Accepted Answer

A)   A biotech company fights government efforts that will restrict its ability to import raw materials.
B)   A petrochemical company takes preventive measures to protect employees from harmful chemicals within the workplace even before anyone suffers negative side effects.
C)   The Hardley Accounting Firm changes its accounting practices after the introduction of the Sarbanes-Oxley Act in 2002.
D)   Ramen's retail store decides to stop using plastic bags after customers threatened to boycott its products.E) A) and D)
F) None of the above

Question 19

Reactor firms tend to believe that they are obligated to a variety of stakeholders.

Accepted Answer

A) True 
 B)False

Question 20

Which of the following is true about the Foreign Corrupt Practices Act?

Accepted Answer

A)   It prohibits employees of U.S. firms from making payments to low-level government employees.
B)   It covers payments made to business executives.
C)   It outlaws an employee from making payments to any person when the employee has "reason to know" that the payments might be used to corrupt the behavior of officials.
D)   Companies and individuals found violating the act are given a warning.E) None of the above
F) B) and C)

Exam 2: Social Responsibility and Managerial Ethics

An executive who justifies paying a bribe because it allows his company to provide the greatest good for the greatest number of people adheres to the ________ approach to ethical decision making.

Correct Answer
verified

From the perspective of social responsibility,shareholders are stakeholders.

Correct Answer
verified

________ involves the extent to which members of a society agree that an act is either good or bad.

Correct Answer
verified

Which of the following is least likely to encourage whistleblowing?

Correct Answer
verified

Correct Answer
verified

Briefly describe the Foreign Corrupt Practices Act.

Correct Answer
verified
The Foreign Corrupt Practices Act (FCPA)...
View Answer

Reactor firms tend to believe that they are obligated to a variety of stakeholders.

Correct Answer
verified

Which of the following is an example of a reactor firm?

Correct Answer
verified

Actions that benefit shareholders but harm the other stakeholders would be viewed as from the efficiency perspective but from the social responsibility perspective.

Correct Answer
verified

According to philosopher Immanuel Kant,________ form the basis of all rights.

Correct Answer
verified

________ is the view that your perspective is correct and the views of people in other cultures are inferior.

Correct Answer
verified

Which of the following is true regarding the utilitarian approach to ethical decision making?

Correct Answer
verified

Which of the following is in accordance with the utilitarian approach to ethical decision making?

Correct Answer
verified

The ________ associated with the outcome of a given action is the anticipated level of impact,independent of whether the consequences are positive or negative.

Correct Answer
verified

How can the utilitarian approach be used to accommodate child labor?

Correct Answer
verified
The utilitarian approach focuses on the ...
View Answer

Which of the following is true about the Foreign Corrupt Practices Act?

Correct Answer
verified

________ is the degree to which people see an issue as an ethical one.

Correct Answer
verified

Which aspect of the justice approach to ethical decision making is concerned with the impartial administration of decision-making processes?

Correct Answer
verified

A(n) ________ is an employee who discloses illegal or unethical conduct on the part of others in the organization.

Correct Answer
verified

The efficiency perspective of social responsibility states that it is irresponsible to maximize shareholders' wealth because they are not the only ones responsible for a firm's existence.

Correct Answer
verified

Exam 2: Social Responsibility and Managerial Ethics

An executive who justifies paying a bribe because it allows his company to provide the greatest good for the greatest number of people adheres to the ________ approach to ethical decision making.

Correct AnswerverifiedShow Answer

From the perspective of social responsibility,shareholders are stakeholders.

Correct AnswerverifiedShow Answer

________ involves the extent to which members of a society agree that an act is either good or bad.

Correct AnswerverifiedShow Answer

Which of the following is least likely to encourage whistleblowing?

Correct AnswerverifiedShow Answer

Correct AnswerverifiedShow Answer

Briefly describe the Foreign Corrupt Practices Act.

Correct AnswerverifiedThe Foreign Corrupt Practices Act (FCPA)...View AnswerShow Answer

Reactor firms tend to believe that they are obligated to a variety of stakeholders.

Correct AnswerverifiedShow Answer

Which of the following is an example of a reactor firm?

Correct AnswerverifiedShow Answer

Actions that benefit shareholders but harm the other stakeholders would be viewed as ________ from the efficiency perspective but ________ from the social responsibility perspective.

Correct AnswerverifiedShow Answer

According to philosopher Immanuel Kant,________ form the basis of all rights.

Correct AnswerverifiedShow Answer

________ is the view that your perspective is correct and the views of people in other cultures are inferior.

Correct AnswerverifiedShow Answer

Which of the following is true regarding the utilitarian approach to ethical decision making?

Correct AnswerverifiedShow Answer

Which of the following is in accordance with the utilitarian approach to ethical decision making?

Correct AnswerverifiedShow Answer

The ________ associated with the outcome of a given action is the anticipated level of impact,independent of whether the consequences are positive or negative.

Correct AnswerverifiedShow Answer

How can the utilitarian approach be used to accommodate child labor?

Correct AnswerverifiedThe utilitarian approach focuses on the ...View AnswerShow Answer

Which of the following is true about the Foreign Corrupt Practices Act?

Correct AnswerverifiedShow Answer

________ is the degree to which people see an issue as an ethical one.

Correct AnswerverifiedShow Answer

Which aspect of the justice approach to ethical decision making is concerned with the impartial administration of decision-making processes?

Correct AnswerverifiedShow Answer

A(n) ________ is an employee who discloses illegal or unethical conduct on the part of others in the organization.

Correct AnswerverifiedShow Answer

The efficiency perspective of social responsibility states that it is irresponsible to maximize shareholders' wealth because they are not the only ones responsible for a firm's existence.

Correct AnswerverifiedShow Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified
The Foreign Corrupt Practices Act (FCPA)...
View Answer

Correct Answer
verified

Correct Answer
verified

Actions that benefit shareholders but harm the other stakeholders would be viewed as from the efficiency perspective but from the social responsibility perspective.

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified
The utilitarian approach focuses on the ...
View Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified