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Chapter 1 Understanding Business Ethics Summary, Concepts & MCQs

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Chapter 1 Understanding Business Ethics Summary, Concepts & MCQs

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these complex landscapes, ensuring that laws reflect evolving ethical standards and that ethical
principles help shape the laws of the future. As society progresses, the need for ongoing dialogue
between legal experts, ethicists, and the public will be crucial to maintaining a balance between
justice, fairness, and human dignity.---This extended version delves into a broader range of
ethical and legal issues, emphasizing the intersections of these concepts in diverse fields such a
environmental protection, international relations, media, and biotechnology. Each section offers
both depth and complexity, highlighting the challenges that arise in balancing legal compliance
with ethical obligations.Certainly! Let’s continue by exploring
Test Bank For
Understanding Business Ethics Summary, Concepts & MCQs


Chapter 01 Understanding Ethics


True / False Questions


1. The field of ethics is the study of how people try to live their lives according to a standard of
"right" or "wrong" behavior.

True False

2. A society is a closed, confined unit in which people have to follow a distinct religion.

True False

3. Moral standards are independent of religious beliefs.

True False

4. Jason is a high-school senior whose peers are into drugs. He also has a family history of
substance abuse. This will have no impact on his moral standards.

True False

5. Individuals acquire their personal moral standards in the same way that they learn the alphabet.

True False

6. Standards of ethical behavior are absorbed by osmosis as individuals observe the examples,
both positive and negative, set by everyone around them.

True False

7. The term "morals" is applied to a society, while the term "values" is used when referring to an
individual.

True False

8. A value system refers to a set of personal principles formalized into a code of behavior.

True False

9. An intrinsic value means that the pursuit of one value is a good way to reach another value.

, True False


10. Happiness and health are examples of instrumental values that are pursued to reach another
value.

True False

11. Simple truth is one of the four basic categories of ethics and can be expressed simply as doing
the right thing.

True False

12. Rules of appropriate individual behavior represent the idea that the moral standards we develop
for ourselves impact our lives on a daily basis in our behavior and the other types of decisions we
make.

True False

13. "Do unto others as you would have them do unto you" is the Golden Rule.
these complex landscapes, ensuring that laws reflect evolving ethical standards and that
ethical principles help shape the laws of the future. As society progresses, the need for
ongoing dialogue between legal experts, ethicists, and the public will be crucial to maintaining
a balance between justice, fairness, and human dignity.---This extended version delves into a
broader range of ethical and legal issues, emphasizing the intersections of these concepts in
diverse fields such as environmental protection, international relations, media, and
biotechnology. Each section offers both depth and complexity, highlighting the challenges that
arise in balancing legal compliance with ethical obligations.Certainly! Let’s continue by
exploring
True False

14. Every religion in the world shares the Golden Rule.

True False

15. Virtue ethics is the concept of living your life according to the similar virtues of different societies.

True False

16. The problem with virtue ethics is that societies can place different emphasis on different virtues.

True False

17. Ethics for the greater good is also referred to as utilitarianism.

True False

18. The problem with ethics for the greater good is the idea that the ends justify the means.

True False

19. The problem with utilitarianism is the focus on doing the most good for a select few, such as Adolf
Hitler and his idea of launching a national genocide against Jews on the ethical grounds of
restoring the Aryan race.

True False

20. The concept of universal ethics argues that there are certain principles that should apply to a

, select few ethical judgments.

True False

21. The problem with universal ethics is the idea that the ends justify the means.

True False

22. Ethical relativism is where the traditions of one's society, one‘s personal opinions, and the
circumstances of the present moment define one's ethical principles.

True False

23. Applied ethics is the study of theories related to the Golden Rule.

True False

24. Ethical dilemmas are the study of how ethical theories are put into practice.
these complex landscapes, ensuring that laws reflect evolving ethical standards and that ethical
principles help shape the laws of the future. As society progresses, the need for ongoing dialogue
between legal experts, ethicists, and the public will be crucial to maintaining a balance between
justice, fairness, and human dignity.---This extended version delves into a broader range of
ethical and legal issues, emphasizing the intersections of these concepts in diverse fields such a
environmental protection, international relations, media, and biotechnology. Each section offers
both depth and complexity, highlighting the challenges that arise in balancing legal compliance
with ethical obligations.Certainly! Let’s continue by exploring
True False

25. An ethical dilemma is a situation in which there is no obvious right or wrong decision, but rather a
right or right answer.

True False

26. The basic assumption of ethical theory is that a person as an individual or community is in control
of all the factors that influence the choices that he or she makes.

True False

27. An ethical dilemma can be resolved with a satisfactory answer to the problem.

True False

28. The first step in resolving an ethical dilemma is to analyze the actions.

True False

29. Due to aggressive competition, Amanda feels pressured to copy an assignment from a friend and
the Internet to get good grades. She feels the professor would not be able to figure out what she
did. With this ethical dilemma, the first thing Amanda must do is analyze her actions without
thinking about consequences.

True False

30. The final step in solving an ethical dilemma is to make a decision.

True False

31. Arthur Dobrin identified 15 questions that one should consider when resolving an ethical

, dilemma.

True False

32. The process of ethical reasoning involves looking at the available information and then drawing
conclusions based on that information in relation to an individual's own ethical standards.

True False

33. Preconventional is the lowest level of Lawrence Kohlberg's stages of ethical reasoning.

True False

34. At the lowest level of moral development, a person's response to a perception of right and wrong
is initially directly linked to the expectation of punishment or reward.

True False

35. The last stage of Lawrence Kohlberg's stages of ethical reasoning is conventional.
these complex landscapes, ensuring that laws reflect evolving ethical standards and that ethical
principles help shape the laws of the future. As society progresses, the need for ongoing
dialogue between legal experts, ethicists, and the public will be crucial to maintaining a balance
between justice, fairness, and human dignity.---This extended version delves into a broader
range of ethical and legal issues, emphasizing the intersections of these concepts in diverse
fields such as environmental protection, international relations, media, and biotechnology. Each
section offers both depth and complexity, highlighting the challenges that arise in balancing legal
compliance with ethical obligations.Certainly! Let’s continue by exploring
True False

36. The third stage of Kohlberg's stages of ethical reasoning is law-and-order orientation.

True False

37. In the third stage of Kohlberg's stages of ethical reasoning, a person is focused on meeting the
expectations of his friends and coworkers and how something will affect their lives.

True False

38. The highest level of ethical reasoning is the postconventional level.

True False

39. According to Kohlberg's framework, an individual can jump beyond the next stage of his or her six
stages.

True False

40. Kohlberg stated that it would be impossible for a person to comprehend the moral issues and
dilemmas at a level far beyond his or her life experience and education.

True False




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