Contemporary Issues in Business Ethics
Review Questions
Course Introduction
This course explores the complex ethical challenges faced by businesses in the modern global environment. Students will examine a range of current topics including corporate social responsibility, environmental sustainability, diversity and inclusion, data privacy, and ethical leadership through case studies, theoretical frameworks, and real-world examples. The course encourages critical thinking and dialogue on how organizations and individuals can make ethical decisions while balancing competing interests, fostering integrity in business practices, and responding to the evolving expectations of stakeholders and society at large.
Recommended Textbook
Business Ethics 4th Edition by Laura P. Hartman
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10 Chapters
800 Verified Questions
800 Flashcards
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Chapter 1: Ethics and Business
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80 Verified Questions
80 Flashcards
Source URL: https://quizplus.com/quiz/59325
Sample Questions
Q1) In business,every decision can be covered by economic,legal,or company rules and regulations.
A)True
B)False
Answer: False
Q2) Ethics refers to the applications of _____ on which people's decisions are based.
A)values
B)morals
C)etiquettes
D)norms
Answer: B
Q3) Social sciences such as psychology and sociology are different from ethics owing to the fact that they are _____.
A)normative in nature
B)descriptive in nature
C)conjectural in nature
D)clinical in nature
Answer: B
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Chapter 2: Ethical Decision Making: Personal and Professional Contexts
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80 Verified Questions
80 Flashcards
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Sample Questions
Q1) Within a business setting,only the ethical implications of professional decision making should be considered.
A)True
B)False
Answer: True
Q2) Some writers have called the inability to recognize ethical issues while dealing with the financial aspect of business decisions _____.
Answer: normative myopia
Explanation: Some writers call the inability to recognize ethical issues normative myopia,or shortsightedness about values.Normative myopia does not occur only in business,but in a business context,people may be especially likely to focus on the technical aspects of the task at hand,and thus fail to recognize the ethical aspect.
Q3) What is the test for ethical legitimacy in philosophical ethics?
Answer: A long tradition in philosophical ethics argues that a key test of ethical legitimacy is whether or not a decision would be acceptable from the point of view of all parties involved
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4
Chapter 3: Philosophical Ethics and Business
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80 Verified Questions
80 Flashcards
Source URL: https://quizplus.com/quiz/59323
Sample Questions
Q1) Explain Immanuel Kant's view on the ethical principles of human rights.
Answer: German philosopher Immanuel Kant argued that there is essentially one fundamental ethical principle: to respect the dignity of each individual human being One way to do so requires us to treat all persons as ends in themselves and never only as means to our own ends In other words,our fundamental duty is to treat people as subjects capable of living their own lives and not as mere objects that exist for our purposes
Q2) Which of the following would be advocated by the "administrative" version of utilitarianism?
A)Deregulation of advertising standards
B)Reliance on free and competitive markets
C)Risk-taking by consumers
D)Government regulation of business
Answer: D
Q3) What is the biggest challenge posed by "egoism"?
Answer: The biggest challenge posed by egoism and,according to some,the biggest challenge to ethics,is the apparent gap between self-interest and altruism,or between motivation that is "self-regarding" and motivation that is "other-regarding" Ethics requires us,at least at times,to act for the well-being of others
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Page 5
Chapter 4: The Corporate Culture-Impact and Implications
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80 Verified Questions
80 Flashcards
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Sample Questions
Q1) An ethical environment,or culture,would be one in which employees are expected to act by the rules in spite of unethical conditions.
A)True
B)False
Q2) The second step in the development of guiding principles for a firm is to:
A)ask oneself what one stands for or what the company stands for.
B)articulate a clear vision regarding the firm's direction.
C)identify clear steps as to how the cultural shift will occur.
D)believe that the culture is actually possible and achievable.
Q3) Which of the following cultures will empower legal counsel and audit offices to mandate and to monitor conformity with the law and with internal codes?
A)A customer-based culture
B)An integrity-based culture
C)A values-based culture
D)A compliance-based culture
Q4) Lack of any generally accepted fundamental values for the organization is a clear sign of a "toxic" culture.
A)True
B)False
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Chapter 5: Corporate Social Responsibility
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80 Verified Questions
80 Flashcards
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Sample Questions
Q1) Philosopher Norman Bowie rejected the economic view that managers are the agents of stockholder-owners and thus they also have a duty to further the interests of stockholders .
A)True
B)False
Q2) "People have a strong ethical duty to cause no harm,and only a prima facie duty to prevent harm or to do good." Discuss Norman Bowie's view on this statement.
Q3) Can non-profit organizations be categorized under the integrative model of corporate social responsibility (CSR)? Elaborate.
Q4) The economic model is a narrow view of corporate social responsibility (CSR).What are the alternative broader models of CSR?
Q5) A firm that is environmentally unsustainable is also a firm that is,in the long-term,financially unsustainable.
A)True
B)False
Q6) How can corporations encourage people to engage in business activities?
Q7) What is stakeholder theory?
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Chapter 6: Ethical Decision Making: Employer
Responsibilities and Employee Rights
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80 Verified Questions
80 Flashcards
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Sample Questions
Q1) Identify the doctrine which holds that employers are free to fire an employee at any time and for any reason unless an agreement specifies otherwise.
A)The doctrine of estoppel
B)The doctrine of constructive notice
C)The doctrine of constructive dismissal
D)The doctrine of employment at will
Q2) Which of the following affirmative action plans would include training plans and programs,focused recruiting activity,or the elimination of discrimination?
A)Quasi-affirmative action
B)Executive affirmation action
C)Judicial affirmative action
D)Voluntary affirmative action
Q3) With regard to health and safety at a workplace,_____ can be defined as the probability of harm.
A)obstacles
B)impediments
C)risks
D)barriers
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Chapter 7: Ethical Decision Making: Technology and Privacy in the Workplace
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80 Verified Questions
80 Flashcards
Source URL: https://quizplus.com/quiz/59319
Sample Questions
Q1) Describe HIPAA.Discuss the use of genetic information as a form of monitoring.
Q2) Monitoring allows a manager to ensure effective,productive performance by preventing the loss of productivity to inappropriate technology use.
A)True
B)False
Q3) The U.S.Department of Commerce negotiated a Safe Harbor exception with the European Union:
A)because the United States would not qualify as having adequate data protection.
B)so that the European Union could get access to personal information.
C)so that each European country could maintain its own standard of information gathering and protection while trading with the United States.
D)because the law required that all imports from the European Union meet the Safe Harbor standards.
Q4) Discrimination laws do not necessarily protect workers against adverse action based on the identity of the person they married.
A)True
B)False
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Chapter 8: Ethics and Marketing
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80 Verified Questions
80 Flashcards
Source URL: https://quizplus.com/quiz/59318
Sample Questions
Q1) Discuss the constraints of the concept of negligence,and explain the reasonable person concept.
Q2) While approaching an ethical issue in marketing,the _____ tradition would want to know the degree to which a transaction provided actual as opposed to merely apparent benefits.
Q3) An adequate ethical analysis of marketing must consider _____,those costs that are not integrated within the exchange of the buyer and the seller.
Q4) While approaching an ethical issue in marketing,the utilitarian tradition would ask to what degree the participants are respected as free and autonomous agents rather than treated simply as means to the end of making a sale.
A)True
B)False
Q5) List out all the factors considered and the decisions made in the process of marketing.
Q6) Explain the concept of negligence.
Q7) Identify the "Four Ps" of marketing.
Q8) According to the _____ approach,every purchase involves the informed consent of the buyer and therefore it is assumed to be ethically legitimate.
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Chapter 9: Business and Environmental Sustainability
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80 Verified Questions
80 Flashcards
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Sample Questions
Q1) What is an optimal level of pollution?
Q2) According to the _____ law of thermodynamics (the conservation of matter/energy),neither matter nor energy can truly be "created," but can only be transferred from one form to another.
A)first B)second C)third D)fourth
Q3) According to the conservation movement,businesses that use animals for food,entertainment,or pets violate the ethical rights of these animals.
A)True
B)False
Q4) Explain Herman Daly's economic system model,also known as the sustainable model.
Q5) According to the market-based approach,environmental problems: A)are caused by conservationists.
B)are caused by the inexhaustible supply of resources.
C)deserve economic solutions.
D)need to be solved through corporate social responsibility.
Q6) Elaborate on the conservation movement.
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Chapter 10: Ethical Decision Making: Corporate
Governance, Accounting, and Finance
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80 Verified Questions
80 Flashcards
Source URL: https://quizplus.com/quiz/59316
Sample Questions
Q1) In terms of ethical theory,lofty compensation packages have a utilitarian function when they act as incentives for executives to produce greater overall results.
A)True
B)False
Q2) Which provisions of the Sarbanes-Oxley Act have the most impact on corporate governance and boards?
Q3) Which of the following is true of excessive compensation packages?
A)When executive compensation is tied to stock price,executives have a strong incentive to focus on long-term corporate interests rather than short-term stock value.
B)When huge amounts of compensation depend on quarterly earnings reports,there is a strong incentive to manipulate those reports in order to achieve the money.
C)Economic fairness and personal morality always exists in executives receiving lofty compensation packages.
D)Excessive compensation packages serve corporate interests when they provide an incentive that is not based on executive performance or accomplishments.
Q4) How can lofty executive compensation serve corporate interests?
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