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Question 1

All of the following criteria can be used in ethical reasoning except
moral reasoning must be logical.
factual evidence cited to support a person's judgment should be accurate, relevant, and complete.
ethical standards used in a person's reasoning should be consistent.
explicit assumptions and premises must be avoided

Question 2

The basic ____ view holds that an action is judged as right, good, or wrong on the basis of its consequences.
universal
utilitarian
rights
relativist

Question 3

Utilitarianism is a useful principle for conducting a stakeholder analysis, since it forces decision makers to
consider collective as well as particular interests.
formulate alternatives based on the greatest good for all parties involved in a decision.
estimate the costs and benefits of alternatives for all affected groups.
all of these choices

Question 4

All of the following are problems with utilitarianism except
consequences are judged.
principles of justice are ignored.
the individual is not considered.
alternatives are based on the greatest good.

Question 5

Which of the following is a limitation of principle of rights?
This view implies underlying laziness.
It contradicts everyday experience.
Individuals with this view can become absolutists.
It can exaggerate certain entitlements in society at the expense of others.

Question 6

Affirmative action programs are examples of which type of justice?
Retributive
Procedural
Compensatory
Distributive

Question 7

Laying off employees without fair notice or compensation represents which of the following?
Immoral management
Moral management
Amoral management
Stakeholder interest management

Question 8

When communicating, negotiating, or working with a pragmatist, one should
focus on the benefits for the various constituencies involved.
concentrate on the principles or duties at stake.
point out the benefits to the other person's self-interest.
emphasize the facts and potential consequences of an action.

Question 9

Which of the following is considered the top company in the list of Top 10 Companies and Best Corporate Board Practices?
Citigroup Inc.
Morgan Stanley
Goldman Sachs
IBM Corp

Question 10

The ____ ethic focuses on the importance of relationships among businesses, customers, and stakeholders.
Conventional
Covenantal
Implied
Philanthropic

Question 11

Studies have shown that a combination of all of the following except ____ prevent illegal action.
ethical incentives
corporate culture
compliance standards
potential disciplinary actions

Question 12

Everyone's access to relevant information needed in order to conduct business is a trait of which kind of market?
Democratic
Socialist
Free
Communist

Question 13

Which of the following federal agencies are appointed to prohibit unfair industry activities?
FTC
EPA
DOJ
SEC

Question 14

Which of the following requires full disclosure of credit terms?
Truth in Lending Act
Federal Hazardous Substances Act
Pure Food and Drug Act
Fair Credit Billing Act

Question 15

Which of the following provides a conservation program for plants and animals?
Clean Air Act
Endangered Species Act
Noise Pollution Act
Safe Drinking Water Act

Question 16

The right to have access to basic essential goods and services is considered which of the following?
Rights to Satisfaction of Basic Needs
Right to be heard
Right to take "due care"
Right to have access to essentials

Question 17

A company that supports a consumer's free choice is fulfilling which of the following?
Duty to inform
Duty not to force or take undue advantage
Duty to take "due care"
Duty to be heard

Question 18

Which of the following agencies enforces consumer civil rights?
Federal Trade Commission
Department of Justice
Consumer Product Safety Commission
National Highway Traffic Safety Administration

Question 19

____ control regulates what consumers can and should hear and see.
Free choice
Free speech
Paternalistic
Manipulative

Question 20

According to the free market theory's view, "let the buyer beware" principle, consumers and corporations are protected and regulated by Adam Smith's
covenantal ethic.
minimum moral standard.
issues management process.
invisible hand.

Question 21

Only 355 punitive damages verdicts were handed down by the state and federal courts over the past 25 years. One-fourth of those awards involved a single product, which was
automobiles.
oil.
asbestos.
children's cribs.

Question 22

All of the following factors have caused and contributed to environmental pollution except
consumer affluence.
new and uncontrolled technologies.
rural planning.
materialistic cultural values.

Question 23

Which of these is the manager mindset in the firefighter stage of environmental corporate commitment?
Environmental issues are addressed when necessary
Environmental management is unnecessary
Environmental management is a priority item
Environmental management is an important business function

Question 24

Critics of alcohol ads argue that ____ continue to be targeted as primary customers.
military personnel
youths
college students
persons of middle income

Question 25

Which of the following stakeholders are considered the most important for a business?
Competitors
Customers
Employees
Suppliers.

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