QUESTIONS AND ANSWERS 100% VERIFIED A+
GUARANTEED
1). False
Ans: The study of business and society involves an exploration of what is "right" and/or
"wrong" in terms of the social and ethical conduct of business.
2). True
Ans: Responses to social and environmental issues will determine the corporations
which will survive in the future.
3). True
Ans: Integrity refers to the appropriateness of a corporation's behaviour, not to its
adherence to moral principles.
4). True
Ans: Ethics apply to business in the same manner as they apply to religion.
5). False
Ans: A responsible corporation, a business undertaking that responds to social, ethical,
and environmental responsibilities in addition to its economic obligations results in a
firm's integrity.
6). False
Ans: The triple-E bottom line (3E) is the evaluation of a corporation's performance
according to a summary of the economic, social or ethical, and environmental value the
corporation adds or destroys.
7). False
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, Ans: Most people agree on a universal way to approach ethics and therefore, there is
widespread agreement as to the appropriate behaviour by business in society.
8). True
Ans: Deontological theories of ethics are rule-based
9). False
Ans: Virtue ethics emphasizes the situation that individuals find themselves in and
focuses on what they are doing.
10). False
Ans: when resolving ethical issues, automatic decisions are reliable.
11). False
Ans: the teleological approach to ethics is also referred to as a rule-based theory.
12). False
Ans: Virtue ethics focuses upon 'doing' rather 'being'.
13). False
Ans: One advantage of virtue ethics is that there is general agreement as to what
constitutes a virtue.
14). False
Ans: Utilitarianism is one form of rule-based theories.
15). True
Ans: The 'greatest good for the greatest number' is a feature of consequentialist
theories.
16). True
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