Question 1 (4 points)
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What is the Myth of Amoral Business?
Question 1 options:
[removed] | A) | An unpopular view of American business. |
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[removed] | B) | A popular view of American business. |
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[removed] | C) | Reporting of scandals. |
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Question 2 (4 points)
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The breakdown of the Myth of Amoral business has been signalled by:
Question 2 options:
[removed] | A) | the reporting of scandals. |
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[removed] | B) | the formation of groups like environmentalists and consumerists. |
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[removed] | C) | proliferation of corporate codes of ethical conduct and of ethics programs. |
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Question 3 (4 points)
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The vocabulary of morality is:
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[removed] | A) | rich and is applied to a variety of objects in a number of ways. |
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[removed] | B) | specific and means one thing. |
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[removed] | C) | clear and operates only at one level. |
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Question 4 (4 points)
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If business operates within the law, does it thereby automatically operate morally?
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Question 5 (4 points)
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The aim of business ethics is:
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[removed] | A) | neither defense of the status quo nor its radical change. |
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[removed] | B) | to implement radical change. |
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[removed] | C) | to represent a panacea. |
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Question 6 (4 points)
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Psychologist L. Kohlberg identified which of the following:
Question 6 options:
[removed] | A) | a need for a deontological approach in society. |
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[removed] | B) | a psychological theory that was undisputed. |
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[removed] | C) | three levels of moral development, each with two stages. |
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[removed] | D) | that ethical theory was free of traditional investigations. |
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Question 7 (4 points)
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One alternative to ethical relativism is:
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[removed] | B) | normative ethical relativism. |
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[removed] | C) | normative moral relativism. |
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Question 8 (4 points)
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Most moral judgements in business are made on such generally accepted rules as:
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Question 9 (4 points)
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The notions of virtue, character, moral imagination, and ideals are:
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[removed] | A) | considered mutually important with individuals. |
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[removed] | C) | are obscure ideas and are unobtainable. |
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[removed] | D) | applicable more to business than to individuals. |
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Question 10 (4 points)
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The Utilitarian approach to ethics is based on:
Question 10 options:
[removed] | A) | the greatest amount of good for the most people. |
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[removed] | B) | Samual Gorvitz's research in human behavior. |
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[removed] | C) | being able to do something different. |
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[removed] | D) | is not reasonable for rational beings. |
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Question 11 (4 points)
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In our society, unlike those of other societies, moral decisions:
Question 11 options:
[removed] | A) | hinge on consequences. |
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[removed] | B) | are seen the same by all groups. |
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Question 12 (4 points)
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When applying Utilitarianism we:
Question 12 options:
[removed] | A) | specify action that we wish to consider. |
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[removed] | B) | specify all those affected by the action. |
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[removed] | C) | formulate the good and bad consequences for those who would be affected. |
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Question 13 (4 points)
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Steps of a Utilitarian analysis include:
Question 13 options:
[removed] | A) | accurately state the action to be evaluated. |
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[removed] | B) | sum up all the good and bad consequences. |
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[removed] | C) | compare the results of the various actions. |
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Question 14 (4 points)
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According to utilitarianism, we should evaluate an action by:
Question 14 options:
[removed] | A) | whether or not it satisfies our needs and wants. |
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[removed] | B) | determining if it has value. |
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[removed] | C) | looking at its consequences. |
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Question 15 (4 points)
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Rational human beings can:
Question 15 options:
[removed] | A) | support the rule that lying is universally consistant. |
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[removed] | B) | understand the need for consistency in action. |
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[removed] | C) | intuitively feel extrinsic thoughts. |
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[removed] | D) | generally disagree with Kant. |
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Question 16 (4 points)
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The Categorical Imperative, according to the dominant deontological postition, requires that any second-order moral law:
Question 16 options:
[removed] | A) | must respect the dignity of persons. |
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[removed] | B) | must be acceptable to rational beings. |
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Question 17 (4 points)
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Many social issues and business ethics topics are discussed in terms of rights. Moral rights are:
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Question 18 (4 points)
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Rawl's theory of distributive justice states that principles would be:
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[removed] | B) | regulated or controlled in some way. |
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[removed] | C) | universal and respect all persons. |
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Question 19 (4 points)
Question 19 Unsaved
The steps of applying rights and justice include:
Question 19 options:
[removed] | A) | when rights conflict, select and explain the choice. |
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[removed] | B) | using the "imaginary veil of ignorance". |
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[removed] | C) | considering other over-riding considerations. |
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Question 20 (4 points)
Question 20 Unsaved
Moral imagination is a necessary ingredient in solving cases and requires:
Question 20 options:
[removed] | A) | a deontological analysis before implementing. |
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[removed] | B) | empathy towards others so that we feel what they feel. |
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[removed] | C) | a utilitarian analysis before implementing. |
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Question 21 (4 points)
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Agent responsibility is:
Question 21 options:
[removed] | A) | frequently found in business and is often complex. |
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[removed] | B) | not easily identified. |
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[removed] | D) | having few people involved. |
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Question 22 (4 points)
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Steps of a General Moral Analysis involve:
Question 22 options:
[removed] | A) | creating a mathematical model. |
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[removed] | B) | limiting the analysis to match a desired outcome. |
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[removed] | C) | using the fundamentals of Prometheus. |
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Question 23 (4 points)
Question 23 Unsaved
One of the objections to Utilitarianism is:
Question 23 options:
[removed] | A) | that it doesn't adapt to a change in morals. |
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[removed] | B) | that the ideals are old fashioned. |
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[removed] | C) | that no one has the time to calculate all the consequences of an action beforehand. |
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[removed] | D) | that it relies on the Bible for the basis of moral judgements. |
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Question 24 (4 points)
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Economic models are often compared to:
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[removed] | A) | chess and Chinese checkers. |
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Question 25 (4 points)
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In a free market the government:
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Question 26 (4 points)
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A partial model of socialism would include the following features:
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Question 27 (4 points)
Question 27 Unsaved
Which American philosopher believes justice is best served if people are put behind a veil of ignorance?
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Question 28 (4 points)
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The most virulent attack on capitalism comes from:
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[removed] | C) | Third world countries. |
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Question 29 (4 points)
Question 29 Unsaved
Capitalism historically suffers from cyclical crises. The U.S. government attempts to keep the cycles from rising or falling too sharply by:
Question 29 options:
[removed] | A) | enacting fiscal and monetary policies. |
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[removed] | B) | controlling its spending. |
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Question 30 (4 points)
Question 30 Unsaved
Marx's "Labor Theory of Value", has as a basic premise that:
Question 30 options:
[removed] | A) | Capitalism cannot exist without exploiting the worker. |
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[removed] | B) | the worker is the primary benefactor. |
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[removed] | C) | trickle down economics will prevail. |
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[removed] | D) | in a capitalist economy human labor is sold for more than its worth. |
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Question 31 (4 points)
Question 31 Unsaved
The defense of the American Free Enterprise system includes:
Question 31 options:
[removed] | A) | emphasis on its values. |
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[removed] | B) | its historic record in producing wealth. |
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[removed] | C) | it's preferability to socialist societies. |
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Question 32 (4 points)
Question 32 Unsaved
The libertarian view of government is:
Question 32 options:
[removed] | A) | the government should provide for all through welfare and other programs. |
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[removed] | B) | that government should regulate all businesses. |
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[removed] | C) | that government is to protect people and property from foreign attack. |
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Question 33 (4 points)
Question 33 Unsaved
A major complaint against the World Trade Organization (WTO) is:
Question 33 options:
[removed] | A) | that the conditions of trade are unfair to less developed nations. |
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[removed] | B) | that the WTO does not formally announce when it is meeting. |
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[removed] | C) | that the WTO process is undemocratic and lacks transparency. |
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Question 34 (4 points)
Question 34 Unsaved
A solution to excessive executive compensation that was adopted by the Sarbanes-Oxley Act was:
Question 34 options:
[removed] | A) | that the compensation board cap CEO salaries at a level of 40 times the lowest paid workers. |
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[removed] | B) | that the compensation committee of the board be composed entirely of independent directors. |
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[removed] | C) | that the CEO not be able to determine their salary. |
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[removed] | D) | that the compensation of the CEO be set at a level equal with that of their peers at competing firms. |
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Question 35 (4 points)
Question 35 Unsaved
Section 302 of the Sarbanes-Oxley Act is a section that has probably received the most attention. This is because of its requirement that:
Question 35 options:
[removed] | A) | there are penalties of $5 million dollars and 20 years in prison for willful violations. |
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[removed] | B) | that the CEO and CFO both certify that the board has processes to catch problems. |
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[removed] | C) | the CEO and CFO both certify the fairness and accuracy of financial statements. |
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