Determine how firms with capital to expand operations

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Problem 1: A war against the repressive government erupts in Country X. The U.S. Congress wants to draft U.S. citizens into the military to help the people of Country X fight for independence. Members of Congress believe that although some U.S. troops may die, hundreds of thousands of people in Country X will be given freedom. The President of the U.S., however, believes that individuals should have the right to choose from themselves whether to fight or not and thus opposes the idea of a draft. The President's feelings closely mirror

A. Kantian ethics

B. Utilitarianism

C. Corporate social responsibility

D. Plato's ethics.

Problem 2: Delta Equity Corporation provides other firms with capital to expand operations. If Delta strictly complies with existing laws, the firm likely will

A. Fulfill all business ethics obligations

B. Fulfill no business ethics obligations

C. Fulfill some business ethics obligations.

D. Fulfill all social responsibility obligations

Problem 3: Kitchen Appliances, Inc., markets a product that is capable of seriously injuring consumers who misuse the product in a foreseeable way. What statement best describes the company's resulting duty to consumers?

A. The company will owe a legal duty to consumers since it is an insurer against all harms caused by its products.

B. The company will not have any ethical duty to consumers if it contributes to charities in communities where some injured consumers live.

C. The impact of any decision on the firm's profits supersedes any and every ethical duty to consumers.

D. None of the above.

Problem 4: Biotech Research Associates asks it employees to consider ethical behavior from the Categorical Imperative perspective. This ethical approach

A. Allows a person to legally control the behavior who behave unethically

B. Does not permit individuals to engage in socially responsible actions

C. Focuses primarily on personal advancement

D. Forces a person to consider what would happen as the result of one's action if everyone behaved in a similar way.

Problem 5: The managers of Beta, Inc in marketing Beta's products, attempt to strike a balance among profitability, legality, ethical obligations, and corporate social responsibility. The profits that Beta can realize within these limits are best characterized as

A. Maximum

B. Minimum

C. Non-existent

D. Prudent.

Problem 6: A spray paint company discovers that its products are being misused by children and young people, who get "high" sniffing the fumes. There are no warning labels on the spray paint cans. The company would be best deemed to have what type(s) of obligation and duty to take steps to protect children and young people?

A. An ethical obligation but not a legal duty

B. A legal obligation but not an ethical obligation

C. Both an ethical obligation and a legal duty

D. Neither an ethical obligation nor a legal duty.

Problem 7: The local government in conjunction with Big Construction Corporation has proposed demolishing 800 of 2000 units in a low-income housing project that has become crime-ridden and in poor repair. The 800 units will be replaced with 300 units, half of which will be for low-income families, and half of which will be for moderate-income families. Some persons object to the plan because there will be fewer low-income housing units after these changes are completed. This proposal

A. Could be deemed moral under Utilitarianism since a greater good for the community and the majority of the residents would be achieved

B. Could be deemed immoral under Kantian ethics if no suitable housing arrangements are made for the lower-income residents who are displaced by the project

C. Could be deemed a socially responsible action if Big Construction Company donates substantial equipment, personnel, and material to the project as well as to Habitat for Humanity

D. All of the above.

Problem 8: There is a desperate need for AIDS drugs for sick people in certain very poor African countries, whose governments cannot afford to buy the drugs from the big multinational pharmaceutical companies who make the drugs and possess the patents for the drugs. The pharmaceutical companies are considering either selling the drugs deeply discounted or for that matter just giving them for free to the governments of these African nations. Which of the following is likely true about this scenario?

A. Legally, there is no obligation.

B. Morally, act to provide the drugs, if they are the last real alternative to help the African AIDS sufferers and the Principle of Last Resort applies, or else risk being condemned as an immoral industry.

C. Be socially responsible and supply the drugs, even if neither legally nor morally obligated to do so, if doing so can be accomplished effectively and in a prudent manner without harming the companies since "Big Pharm

D. All of the above.

Reference no: EM132473081

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