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Chapter 02 Business Ethics
g g g
MULTIPLEgCHOICEgQUESTIONS
1) Ethicalgconversationgisgprimarilygaboutgfindinggthegonegandgonlygrightgthinggtogdo.
A) True
B) False
2) Businessgethicsgisgthegapplicationgofgethicsgtogthegspecialgproblemsgandgopportunitiesgexperienced
g bygbusinessgpeople.
A) True
B) False
3) Businessgethicsgresultsgingagsetgofgcorrectgdecisions.
A) True
B) False
4) Thegonlygsocialgresponsibilitygthatgbusinessesghavegisgtogfocusgonghowgbusinessgdecisionsgaffect
g companyg operations.
A) True
B) False
5) InsurergAmericangInternationalgGroupg(AIG)gisgwellgknowngingtheginsurancegindustrygforgits
gethicalgbusinessgpractices.
A) True
B) False
6) Legalgrulesggoverninggcontractglawsghavegbeengshapedginglargegpartgbygourgsensegofgcommercial
g ethics.
A) True
B) False
7) Ingsomegcountries,gbusinessesgmustgpaygbribesgtogreceivegsuppliesgtheygneedgtogstaygingbusiness.
A) True
B) False
8) IngangethicalganalysisgusinggthegWPHgFrameworkgreferencedgingthegtext,gownersgaregthegmost
g importantgstakeholdersgandgshouldgreceivegtheggreatestgconsiderationgingdecisiongmakinggreg
ardlessgofgthegtypegofgproblemgaddressed.
A) True
B) False
1
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9) UndergthegWPHgframeworkgforgethicalgbusinessgdecisions,gbusinessgdecisionsgaregmadegingpursuit
g ofgagparticulargpurposegandgareginstrumentsgtowardgangethicalgend.
A) True
B) False
10) Thegtermsgshareholdergandgstakeholderghavegthegsamegmeaning.
A) True
B) False
11) Thegcommunitygingwhichgagfirmgoperatesgwouldgnotgbegconsideredgagstakeholdergofgthegfirm.
A) True
B) False
12) Ethicalgrelativismgandgsituationalgethicsgmeangthegsamegthing.
A) True
B) False
13) Consequentialismgprovidesgagrigidgsetgofgrulesgtogfollowgregardlessgofgthegsituation.
A) True
B) False
14) Onegformgofgconsequentialismgisgutilitarianism.
A) True
B) False
15) Ethicalgissuesgdognotgexistgingaccountinggbecausegthegfieldginvolvesgprimarilygobjectivegdata.
A) True
B) False
2
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16) IngthegCasegOpener,gagdefendantgsoughtgtogdismissgagplaintiff'sgcasegagainstgAccutanegarisinggfrom
gallegationsgthatgAccutanegcausedgulcerativegcolitisgandgirritablegbowelgsyndrome.gWhichgofgthegfo
llowinggcourtgrulingsgwasgthegresultgofgthegdefendant'sgmotiongtogdismissgbasedgongstatutegofg limit
ationg grounds?
A) Thatgthegstatutegofglimitationsgbegangtogrungongthegplaintiff'sgclaimgwhengthegriskgofgthegdrugg
wasgdiscoveredgbygthegmanufacturer,gnotgongthegdategongwhichgthegplaintiffgbecamegawaregofg
thegriskgandgthatgthegstatutegofglimitations,gtherefore,gbarredghergclaim.
B) Thatgthegdefendantgcommittedgfraudgpreventinggitgfromgrelyinggongthegstatutegofglimitations.
C) Thatgbecausegthegplaintiffgwasgwarnedgbyghergdoctorgofgspecificgrisksgcausedgbygthegmedicati
on,gthegstatutegofglimitationsgbegangtogrungpriorgtogthegtimegshegbecamegawaregofgang advertis
ementgdiscussinggthegrisk;gandgthegstatutegofglimitationsgbarredghergclaim.
D) Thatginglawsuitsginvolvinggthisgtypegofgdrug,gtheregisgnogstatutegofglimitationsgbecausegeach
g daygthegplaintiffgsuffersgfromgpaingresultsgingthegbeginninggofgagnewgcausegofgaction.
E) Thatgbecausegthegplaintiffgwasgnotgwarnedgbyghergdoctorgofgspecificgrisksgcausedgbygtheg
medication,gthegstatutegofglimitationsgdidgnotgbegingtogrunguntilgshegbecamegawaregofganga
dvertisementgdiscussinggtheg risk.
17) Whichgofgthegfollowinggpresentsgagproblemgwhengconsideringgthegtheorygofgethicsgknowngas
gabsolutism?
A) Thegfactgthatgmostgindividualsgassociatedgwithgthisgtheoryghavegbeengprovengtoghavegactedgto
gthegdetrimentgofgtheirgfollowersgingonegwaygorganother.
B) Thegallegationgthatgangexcessivegnumbergofgfollowersgactuallygfollowgconsequentialism.
C) Thegunquestionablegnaturegofgthegrulesgingmostgabsolutistgrepositoriesgseemsgoverlyg
inflexibleg whengappliedgtogdifferentg situations.
D) Theglackgofgobjectivity.
E) Thegquestionablegnaturegofgthegrulesgingmostgabsolutistgrepositoriesgseemsgoverlygflexibleg
whengappliedgtogdifferentgsituations.
18) Whichgofgthegfollowinggisgthegapplicationgofgethicsgtogspecialgproblemsgandgopportunitiesg
experiencedgbygthosegingbusiness?
A) Businessg utilitarianism
B) Businessgethics
C) Situationalgethics
D) Sarbanes-Oxleyg principles
E) Consequentialism
3
Copyrightg ©g McGraw-Hillg Education.Allg rightsg reserved.g Nog reproductiong org distributiong withoutg theg priorg writteng consentg ofg McGraw-
Hillg Education.
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Chapter 02 Business Ethics
g g g
MULTIPLEgCHOICEgQUESTIONS
1) Ethicalgconversationgisgprimarilygaboutgfindinggthegonegandgonlygrightgthinggtogdo.
A) True
B) False
2) Businessgethicsgisgthegapplicationgofgethicsgtogthegspecialgproblemsgandgopportunitiesgexperienced
g bygbusinessgpeople.
A) True
B) False
3) Businessgethicsgresultsgingagsetgofgcorrectgdecisions.
A) True
B) False
4) Thegonlygsocialgresponsibilitygthatgbusinessesghavegisgtogfocusgonghowgbusinessgdecisionsgaffect
g companyg operations.
A) True
B) False
5) InsurergAmericangInternationalgGroupg(AIG)gisgwellgknowngingtheginsurancegindustrygforgits
gethicalgbusinessgpractices.
A) True
B) False
6) Legalgrulesggoverninggcontractglawsghavegbeengshapedginglargegpartgbygourgsensegofgcommercial
g ethics.
A) True
B) False
7) Ingsomegcountries,gbusinessesgmustgpaygbribesgtogreceivegsuppliesgtheygneedgtogstaygingbusiness.
A) True
B) False
8) IngangethicalganalysisgusinggthegWPHgFrameworkgreferencedgingthegtext,gownersgaregthegmost
g importantgstakeholdersgandgshouldgreceivegtheggreatestgconsiderationgingdecisiongmakinggreg
ardlessgofgthegtypegofgproblemgaddressed.
A) True
B) False
1
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Hillg Education.
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9) UndergthegWPHgframeworkgforgethicalgbusinessgdecisions,gbusinessgdecisionsgaregmadegingpursuit
g ofgagparticulargpurposegandgareginstrumentsgtowardgangethicalgend.
A) True
B) False
10) Thegtermsgshareholdergandgstakeholderghavegthegsamegmeaning.
A) True
B) False
11) Thegcommunitygingwhichgagfirmgoperatesgwouldgnotgbegconsideredgagstakeholdergofgthegfirm.
A) True
B) False
12) Ethicalgrelativismgandgsituationalgethicsgmeangthegsamegthing.
A) True
B) False
13) Consequentialismgprovidesgagrigidgsetgofgrulesgtogfollowgregardlessgofgthegsituation.
A) True
B) False
14) Onegformgofgconsequentialismgisgutilitarianism.
A) True
B) False
15) Ethicalgissuesgdognotgexistgingaccountinggbecausegthegfieldginvolvesgprimarilygobjectivegdata.
A) True
B) False
2
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16) IngthegCasegOpener,gagdefendantgsoughtgtogdismissgagplaintiff'sgcasegagainstgAccutanegarisinggfrom
gallegationsgthatgAccutanegcausedgulcerativegcolitisgandgirritablegbowelgsyndrome.gWhichgofgthegfo
llowinggcourtgrulingsgwasgthegresultgofgthegdefendant'sgmotiongtogdismissgbasedgongstatutegofg limit
ationg grounds?
A) Thatgthegstatutegofglimitationsgbegangtogrungongthegplaintiff'sgclaimgwhengthegriskgofgthegdrugg
wasgdiscoveredgbygthegmanufacturer,gnotgongthegdategongwhichgthegplaintiffgbecamegawaregofg
thegriskgandgthatgthegstatutegofglimitations,gtherefore,gbarredghergclaim.
B) Thatgthegdefendantgcommittedgfraudgpreventinggitgfromgrelyinggongthegstatutegofglimitations.
C) Thatgbecausegthegplaintiffgwasgwarnedgbyghergdoctorgofgspecificgrisksgcausedgbygthegmedicati
on,gthegstatutegofglimitationsgbegangtogrungpriorgtogthegtimegshegbecamegawaregofgang advertis
ementgdiscussinggthegrisk;gandgthegstatutegofglimitationsgbarredghergclaim.
D) Thatginglawsuitsginvolvinggthisgtypegofgdrug,gtheregisgnogstatutegofglimitationsgbecausegeach
g daygthegplaintiffgsuffersgfromgpaingresultsgingthegbeginninggofgagnewgcausegofgaction.
E) Thatgbecausegthegplaintiffgwasgnotgwarnedgbyghergdoctorgofgspecificgrisksgcausedgbygtheg
medication,gthegstatutegofglimitationsgdidgnotgbegingtogrunguntilgshegbecamegawaregofganga
dvertisementgdiscussinggtheg risk.
17) Whichgofgthegfollowinggpresentsgagproblemgwhengconsideringgthegtheorygofgethicsgknowngas
gabsolutism?
A) Thegfactgthatgmostgindividualsgassociatedgwithgthisgtheoryghavegbeengprovengtoghavegactedgto
gthegdetrimentgofgtheirgfollowersgingonegwaygorganother.
B) Thegallegationgthatgangexcessivegnumbergofgfollowersgactuallygfollowgconsequentialism.
C) Thegunquestionablegnaturegofgthegrulesgingmostgabsolutistgrepositoriesgseemsgoverlyg
inflexibleg whengappliedgtogdifferentg situations.
D) Theglackgofgobjectivity.
E) Thegquestionablegnaturegofgthegrulesgingmostgabsolutistgrepositoriesgseemsgoverlygflexibleg
whengappliedgtogdifferentgsituations.
18) Whichgofgthegfollowinggisgthegapplicationgofgethicsgtogspecialgproblemsgandgopportunitiesg
experiencedgbygthosegingbusiness?
A) Businessg utilitarianism
B) Businessgethics
C) Situationalgethics
D) Sarbanes-Oxleyg principles
E) Consequentialism
3
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Hillg Education.
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