b b b b b b b b b b
Chapter 02 Business Ethics
b b b
MULTIPLEbCHOICEbQUESTIONS
1) Ethicalbconversationbisbprimarilybaboutbfindingbthebonebandbonlybrightbthingbtobdo.
A) True
B) False
2) Businessb ethicsb isb theb applicationb ofb ethicsb tob theb specialb problemsb andb opportunitiesb experiencedbb
yb businessb people.
A) True
B) False
3) Businessbethicsbresultsbinbabsetbofbcorrectbdecisions.
A) True
B) False
4) Theb onlyb socialb responsibilityb thatb businessesb haveb isb tob focusb onb howb businessb decisionsb affectbc
ompanyb operations.
A) True
B) False
5) Insurerb Americanb Internationalb Groupb (AIG)b isb wellb knownb inb theb insuranceb industryb forb itsbe
thicalb businessb practices.
A) True
B) False
6) Legalb rulesb governingb contractb lawsb haveb beenb shapedb inb largeb partb byb ourb senseb ofb commercialbe
thics.
A) True
B) False
7) Inbsomebcountries,bbusinessesbmustbpaybbribesbtobreceivebsuppliesbtheybneedbtobstaybinbbusiness.
A) True
B) False
8) Inb anb ethicalb analysisb usingb theb WPHb Frameworkb referencedb inb theb text,b ownersb areb theb mostbi
mportantbstakeholdersbandbshouldbreceivebthebgreatestbconsiderationbinbdecisionbmakingbregardl
essb ofb theb typeb ofb problemb addressed.
A) True
B) False
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9) Underb theb WPHb frameworkb forb ethicalb businessb decisions,b businessb decisionsb areb madeb inb pursuitbo
fb ab particularb purposeb andb areb instrumentsb towardb anb ethicalb end.
A) True
B) False
10) Thebtermsbshareholderbandbstakeholderbhavebthebsamebmeaning.
A) True
B) False
11) Thebcommunitybinbwhichbabfirmboperatesbwouldbnotbbebconsideredbabstakeholderbofbthebfirm.
A) True
B) False
12) Ethicalbrelativismbandbsituationalbethicsbmeanbthebsamebthing.
A) True
B) False
13) Consequentialismbprovidesbabrigidbsetbofbrulesbtobfollowbregardlessbofbthebsituation.
A) True
B) False
14) Onebformbofbconsequentialismbisbutilitarianism.
A) True
B) False
15) Ethicalbissuesbdobnotbexistbinbaccountingbbecausebthebfieldbinvolvesbprimarilybobjectivebdata.
A) True
B) False
2
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16) Inb theb Caseb Opener,b ab defendantb soughtb tob dismissb ab plaintiff'sb caseb againstb Accutaneb arisingb fromba
llegationsb thatb Accutaneb causedb ulcerativeb colitisb andb irritableb bowelb syndrome.b Whichb ofb thebfollo
wingbcourtbrulingsbwasbthebresultbofbthebdefendant'sbmotionbtobdismissbbasedbonbstatutebofblimitationb
grounds?
A) Thatb theb statuteb ofb limitationsb beganb tob runb onb theb plaintiff'sb claimb whenb theb riskb ofb theb drugbw
asb discoveredb byb theb manufacturer,b notb onb theb dateb onb whichb theb plaintiffb becameb awareb ofbthe
b riskb andb thatb theb statuteb ofb limitations,b therefore,b barredb herb claim.
B) Thatbthebdefendantbcommittedbfraudbpreventingbitbfrombrelyingbonbthebstatutebofblimitations.
C) Thatb becauseb theb plaintiffb wasb warnedb byb herb doctorb ofb specificb risksb causedb bybthebmedicatio
n,b theb statuteb ofb limitationsb beganb tob runb priorb tob theb timeb sheb becameb awareb ofb anbadvertisem
entb discussingb theb risk;b andb theb statuteb ofb limitationsb barredb herb claim.
D) Thatb inb lawsuitsb involvingb thisb typeb ofb drug,b thereb isb nob statuteb ofb limitationsb becauseb eachbd
aybtheb plaintiffb suffersb fromb painb resultsb inb theb beginningb ofb ab newb causeb ofbaction.
E) Thatbbecausebthebplaintiffbwasbnotbwarnedbbybherbdoctorbofbspecificbrisksbcausedbbybthebmed
ication,bthebstatutebofblimitationsbdidbnotbbeginbtobrunbuntilbshebbecamebawarebofbanbadvertise
mentb discussingb theb risk.
17) Whichb ofbtheb followingb presentsb ab problemb whenb consideringb theb theorybofb ethicsb knownb asba
bsolutism?
A) Theb factb thatb mostb individualsb associatedb withbthisb theorybhaveb beenb provenb tob haveb actedb tobt
heb detrimentb ofb theirb followersb inb oneb wayb orb another.
B) Theballegationbthatbanbexcessivebnumberbofbfollowersbactuallybfollowbconsequentialism.
C) Theb unquestionableb natureb ofb theb rulesb inb mostb absolutistb repositoriesb seemsb overlybi
nflexibleb whenb appliedb tob differentb situations.
D) Theblackbofbobjectivity.
E) Theb questionableb natureb ofb theb rulesb inb mostb absolutistb repositoriesb seemsb overlyb flexibleb
whenb appliedb tob differentb situations.
18) Whichb ofb theb followingb isb theb applicationb ofb ethicsb tob specialb problemsb andb opportunitiesbe
xperiencedb byb thoseb inb business?
A) Businessb utilitarianism
B) Businessbethics
C) Situationalbethics
D) Sarbanes-Oxleyb principles
E) Consequentialism
3
Copyrightb ©b McGraw-Hillb Education.Allb rightsb reserved.b Nob reproductionb orb distributionb withoutb theb priorb writtenb consentb ofb McGraw-Hillb Education.
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