Reference no: EM131727665

QUESTION 1

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.

QUESTION 2

Which of the following is a FALSE statement?

A. Intrinsic values possess worth in and of themselves, like the value of happiness.
B. Instrumental values, such as money, possess worth since they are the means to produce something else of value.
C. The value of social responsibility is based on United Nations international law legal precepts governing "good" multinational corporate charitable behavior.
D. The value of morality is based principally on philosophical ethics.

QUESTION 3

What is true about advertising?

A. A deceptive ad will generally be deemed to be illegal pursuant to FTC legal standards as well as immoral pursuant to Kantian ethics.
B. A "half-truth" ad will always be legal and moral since something is only missing, and no intentional affirmative misrepresentation is made.
C. Suggestive ads are always illegal and immoral since they are clearly deceitful, coercive, and manipulative.
D. Companies and advertisers today need not worry at all about any socially responsible aspects to advertising, since, so long as the ads are not outright falsehoods and lies, they will not be called into account.

QUESTION 4

Payments by representatives of Western Technology, Inc. to foreign government officials in exchange for favorable business decisions in foreign countries are best described as:

A. Always illegal under the U.S. Foreign Corrupt Practices Act since bribery is a serious legal wrong
B. Legal if they are "facilitating and expediting" payments
C. Always immoral based on ethics since bribery is a serious ethical wrong.
D. Legal if the foreign government official tells the company representatives that the payment is legal under the official's country's laws.

QUESTION 5

Home Depot Corporation makes material civic and charitable contributions in the communities where it has its stores. In particular, the company contributes to local Habitat for Humanity organizations. The company executives who established this policy of corporate giving can be best described as acting:

A. Legally since the federal Department of Housing and Urban Affairs (HUD) requires that all "big-box" home supply retailers as a condition of getting their federal charter make civic and charitable contributions.
B. Morally since Home Depot is ethically the "last resort," that is, the only alternative to house the homeless in the United States.
C. Socially responsible in a smart, shrewd, strategic, and long-term sense.

D. Immorally pursuant to Utilitarian ethics since the greater good of the executive stakeholder group is not being achieved since the money being given to charities could be going for executive bonuses

QUESTION 6

Edward Executive makes $100,000 a year. Ned Newguy, a recent business school graduate, is willing to do Ed's job for $55,000. Ed has been with the company for 30 years. In a cost-saving move, the company fires Ed and replaces him with the younger and cheaper Ned Newguy. This action could be

A. Illegal
B. Immoral pursuant to Kantian ethics
C. Moral pursuant to Ethical Egoism
D. All of the above.

QUESTION 7

Pursuant to the Friedman, organizational, or traditional view of the corporation, the corporation is obligated to:

A. Obey Kant's Categorical Imperative since it is a high moral standard
B. Be socially responsible in the communities where it does business
C. Make profits legally
D. Come to the rescue of poor neighborhoods around its facilities when local government is financially constrained and the company is doing well.

QUESTION 8

Some consumers misuse the products of Midwest Manufacturing, Inc., but in a foreseeable manner, and are injured. In terms of responsibility for consequences, Midwest may have

A. An ethical duty only
B. A legal duty only
C. An ethical and legal duty
D. Neither an ethical nor a legal duty.

QUESTION 9

Global Clothing Corporation, like other businesses today, has enforceable duties prescribed by

A. Ethics only
B. The law
C. Ethics and the law
D. Social responsibility.

QUESTION 10

Stephanie is a successful entrepreneur but her company is not involved in any civic affairs or charitable activities in the local community. Stephanie likely is:

A. Liable to be sued civilly based on the principle of Legal Nonfeasance.
B. Immoral pursuant to the Last Resort principle for not "helping out" in the community.
C. Immoral pursuant to Legal Positivism.
D. Socially irresponsible.