Quiz 2

Does ethical behavior maximize profitability? a. No, there is concrete evidence that unethical companies will always outperform ethical companies. b. Yes, there is concrete evidence that ethical behavior will always maximize profitability. c. There is strong evidence that ethical behavior pays financially in the long run, but not in the short run. d. Although there is no guarantee that ethical behavior pays in the short or long run, there is evidence that the ethical company is more likely to win financially.

Although there is no guarantee that ethical behavior pays in the short or long run, there is evidence that the ethical company is more likely to win financially.

How does unethical behavior in an organization affect its workforce? a. It instills fear in employees making them more productive. b. It helps workers focus on the goal of profitability. c. It creates a workforce that is more informed and, therefore, motivated. d. It creates a workforce that is cynical and resentful.

It creates a workforce that is cynical and resentful

Which scenario is an example of a true ethics dilemma? a. The Tipton Company considers running advertisements to publicize the contribution it made to a national charity that offers tutoring to low-income children. b. Employees at Spiffy Hair Salon ask management if they can set up a booth at an inner-city street fair to give free haircuts to anyone who needs one. c. At the request of many customers, Maxim Company considers pulling advertising from a radio talk show that endorses "fringe" conspiracy theories. d. Sure-Good Soup Company is thinking about using more expensive organic vegetables in its products to promote consumer health, even though company profits might be reduced.

Sure-Good Soup Company is thinking about using more expensive organic vegetables in its products to promote consumer health, even though company profits might be reduced.

What is ethics? a. The study of how people should behave b. Always telling the truth c. Following the law d. The rules by which you live your life

The study of how people should behave

Which of the following is NOT a stakeholder? a. employees. b. customers. c. shareholders. d. a business competitor.

a business competitor

John Johnson is a customer of company ABC. As such, John is a(n) a. shareholder. b. stakeholder only. c. customer and stakeholder. d. customer only.

customer and stakeholder

The goal of utilitarian ethics is to a. produce the greatest good for the greatest number of people. b. do the right thing, no matter the result. c. establish universal ethical rules that apply to all people. d. establish rules for why certain behaviors are ethical.

produce the greatest good for the greatest number of people

According to Immanuel Kant, the truth should be told, no matter the outcome. This is the idea behind what he called​ a. ​the veil of ignorance. b. ​moral universalism. c. ​the categorical imperative. d. ​moral relativism.

the categorical imperative

Haley is an accountant for a large hospital network. She knows that she could easily "skim" money from the organization to keep for herself and chances are she would not get caught. However, she keeps thinking about what would happen to her and her family if her actions went viral and appeared all over the Internet or in her local newspaper. What ethics test is Haley considering? a. ​the front page test b. ​the bystander test c. ​the social media test d. ​the public scrutiny test

the front page test

Alanis tries to talk her supervisor out of a business decision she thinks is unethical. Which of the following best characterizes her reaction? a. loyalty b. exit c. capitulation d. voice

voice

​Which person held the belief that the circumstances into which we are born play an important role in our personal outcome? a. ​Milton Friedman b. ​John Stuart Mill c. ​John Rawls d. ​Immanuel Kant

​John Rawls

Jamal was recently hired as a sales representative for a pharmaceutical company. He notices that all the other sales reps "pad" their expense accounts by claiming meals with clients that never took place and then pocket the extra money. Jamal figures that since everyone else is cheating on their expense accounts, he might as well do the same. What ethics trap is Jamal falling into? a. ​competition b. ​conformity c. ​following orders d. ​lost in a crowd

​conformity

​Theo believes that everyone must develop his or her own ethical rules. So whereas he believes that gay marriage should be legal, he understands that other people might feel differently. Theo would be considered to be a(n) _______ relativist. a. ​societal b. ​issue-oriented c. ​individual d. ​cultural

​individual

John Rawls' suggestion that society should reward behavior that provides the most benefit to the community as a whole is referred to as​ a. ​moral relativism. b. ​the veil of ignorance. c. ​the difference principle. d. ​moral universalism.

​the difference principle

Which of the following statements best exemplifies how society as a whole benefits from ethical behavior? a. Consumers are willing to pay more for a product they believe to be ethically produced. b. People feel better when they behave ethically. c. Unethical behavior can be very costly. d. Ethical behavior builds trust which is important in all of our relationships.

Ethical behavior builds trust which is important in all of our relationships

Which person argued that a corporate manager's primary responsibility is to the shareholders of the organization and that managers should make the company as profitable as possible while also complying with the law? a. John Rawls b. John Stuart Mill c. Immanuel Kant d. Milton Friedman

Milton Friedman

_______ is the belief that some acts are always right or always wrong, whereas ______ is the belief that a decision may be right even if it is not in keeping with our own ethical standards.​ a. ​Deontological ethics; utilitarianism b. ​Moral universalism; moral relativism c. ​Moral relativism; moral universalism d. ​Utilitarianism; deontological ethics

Moral universalism; moral relativism

What is the best definition for the term corporate social responsibility? a. an organization's obligation to value its employees above all other stakeholders b. an organization's obligation to maximize profits for its shareholders c. an organization's obligation to contribute positively to the world around it d. an organization's obligation to be environmentally responsible

an organization's obligation to contribute positively to the world around it

Immanuel Kant believed that the results of a decision are not as important as the reason for making it. This is the principle behind a. Rawlsian justice. b. moral relativism. c. utilitarian ethics. d. deontological ethics.

deontological ethics

Your text outlines three practices to help us avoid ethical traps: slow down, remember your Life Principles, and a. ​go with your gut reaction. b. ​do not trust your first instinct. c. ​think about what society expects. d. ​focus on the matter at hand.

do not trust your first instinct