Reference no: EM131710056

1. In making decisions for United Merchandising Company, Joy uses a cost-benefit analysis. This is a major part of
A. Duty-based ethics
B. Kantian ethics
C. Natural rights theory
D. Utilitarianism.

2. Happy Feet manufactures shoes in Country Y for sale in the United States. Happy Feet's president discovers that the Country Y workers' average age is sixteen and that they work on average of 13.2 hours per day in a 90 degree warehouse with insufficient safety precautions, all of which practices are legal in Country Y. The president of Happy Feet decides to improve the working hours and conditions of the company's workforce, even though these actions will be more expensive for the company. The president's decision is best described as
A. Lawful profit maximization
B. Moral profit-making
C. Illegal since the shareholders of Happy Feet might be harmed
D. Social Darwinism

3. Big Greene Company is considering introducing a new product to replace an existing product. The new product would result in increased revenues, but slightly lower overall profits because the product will cause injury to a few users and Big Green will issue warnings and compensate persons who are injured. The introduction of this product would best be a proper decision pursuant to:
A. Ethical egoism
B. Kantian ethics
C. Ethical relativism
D. Corporate social responsibility.

4. The serious Utilitarian ethical dilemma faced by the management of many business firms, in many circumstances, involves the effect that a decision will have
A. In favor of one company stakeholder group against another stakeholder group
B. On the firm's competitors
C. On local charitable and civic groups
D. None of the above.

5. The Principle of Last Resort holds that:
A. One has a legal duty to rescue a person in need
B. One may have a moral duty to rescue a person in need
C. If one is the last real chance to rescue a person in need, one is always acting immorally by failing to rescue
D. The law will always immunize a person from a negligent but good faith rescue attempt.

6. Which statement is correct about the employment at-will doctrine in the United States?
A. It has been abrogated by federal statute.
B. Employers can fire at-will, but by federal law they are required to pay severance based on employee pay and length of service.
C. It can result in a legal but immoral discharge.
D. It never applies to minorities since they cannot be discharged pursuant to the Civil Rights Act.

7. What are some of the challenges is determining a "moral minimum wage" to be paid to one's employees in a manufacturing facility in Cambodia?
A. One must attempt to determine what the prevailing wage rate is in the pertinent labor market - both industry and geographic.
B. One must determine what the legal minimum is, if any; and if there is one whether that law is enforced by the government.
C. One must ascertain what ethical theory one is going to apply to determine what exactly the "moral minimum wage is.
D. All of the above.

8. When it comes to doing traditionally and conventionally "bad" actions in business, such as deceiving and misleading, Machiavelli would likely say:
A. Do not do them since they are probably illegal.
B. Do not do them since people may condemn them as immoral acts.
C. Do them only if absolutely necessary and do them in a smart, clever, and crafty way.
D. Do not do them since they are regarded as wrong and transgressions by religions.

9. Pursuant to the Ethical Principle of Last Resort, one is morally obligated to act, to aid, to rescue if what conditions are present?
A. Need, proximity, and capability.
B. One is the last real chance or alternative to help.
C. Aiding would not cause equal to or greater than the original peril.
D. All of the above.

10. Commercial Products Company markets its products nationwide. When making a Utilitarian-based ethical decision, the company typically must take into account the interests of and consequences to its:
A. Competitors
B. Government
C. Distributors and suppliers
D. All of the above.