Type: multiple choice question
Title: Chapter 1 - Question 1
01) Issues relating to business ethics often lead to _______ conflict, where there may simply not be
a(n) _______ correct answer. Therefore, it may not just be a case of deciding between right and
wrong but often at an individual level it involves deciding between different courses of action that
different _______ both believe to be right or wrong.
a. Value, Subjectively, Organizations
Feedback: Business ethics are not always clear correct and often stray into very grey areas due to
value conflict where an objectively correct answer simply does not exist, therefore it can often be a
case of trying to understand and reconcile different actors’ points of view.
Page reference: p.6
*b. Value, Objectively, Actors
Feedback: Business ethics are not always clear correct and often stray into very grey areas due to
value conflict where an objectively correct answer simply does not exist, therefore it can often be a
case of trying to understand and reconcile different actors’ points of view.
Page reference: p.6
c. Economic, Objectively, Actors
Feedback: Business ethics are not always clear correct and often stray into very grey areas due to
value conflict where an objectively correct answer simply does not exist, therefore it can often be a
case of trying to understand and reconcile different actors’ points of view.
Page reference: p.6
d. Economic, Subjectively, Organizations
Feedback: Business ethics are not always clear correct and often stray into very grey areas due to
value conflict where an objectively correct answer simply does not exist, therefore it can often be a
case of trying to understand and reconcile different actors’ points of view.
Page reference: p.6
Type: multiple choice question
Title: Chapter 1 - Question 2
02) Which of the following statements regarding morality and ethics are correct?
1. Morality is concerned with norms, values and beliefs embedded in social processes
2. Ethics define what is right and wrong for an individual or community
3. Morality is concerned with the study of ethics and the application of reason to elucidate
specific rules and principles
4. Ethical theories are the codification of rules and principles
*a. 1,4
Feedback: Statements 1 and 4 are correct. Morality is concerned with the norms, values, and beliefs
embedded in social processes which define right and wrong for an individual or a community. Ethics is
concerned with the study of morality and the application of reason to elucidate specific rules and
principles that determine morally acceptable course of actions. Ethical theories are the codification of
these rules and principles.
b. 1,3
Feedback: Statements 1 and 4 are correct. Morality is concerned with the norms, values, and beliefs
embedded in social processes which define right and wrong for an individual or a community. Ethics is
concerned with the study of morality and the application of reason to elucidate specific rules and
principles that determine morally acceptable course of actions. Ethical theories are the codification of
these rules and principles.
c. 1,2,3
Feedback: Statements 1 and 4 are correct. Morality is concerned with the norms, values, and beliefs
embedded in social processes which define right and wrong for an individual or a community. Ethics is
concerned with the study of morality and the application of reason to elucidate specific rules and
principles that determine morally acceptable course of actions. Ethical theories are the codification of
these rules and principles.
d. 1,2,3,4
Feedback: Statements 1 and 4 are correct. Morality is concerned with the norms, values, and beliefs
embedded in social processes which define right and wrong for an individual or a community. Ethics is
concerned with the study of morality and the application of reason to elucidate specific rules and
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