Question

 

11-All of the following statements regarding business ethics are true, except ________. *

A-Ethics does not mean following the law

B-It is unethical to generate toxic emissions

C-It is ethical to pay a governmental official “off the books” to facilitate a transaction

D-Ethics does not mean following the accepted cultures and norms

 

12-Which of the following is not a business stakeholder? *

A-Governments

B-Suppliers

C-Lecturers

D-Creditors

 

13-Taking advantage over people who are unaware of their purchasing rights is an ethical issue toward the ________. *

A-Consumers

B-Shareholders

C-Environment

D-Government

 

14-Which of the following best defines ethics? *

A-It refers to the autonomous principles developed by someone despite their total contradiction with the laws and the societal norms

B-It refers to a set of standards which are essentially derived from corrupt societies.

C-It refers to a set of standards that help an individual distinguish between good and bad behaviors.

D-It refers to a unified standard which has to be imposed by virtue of the law

 

15-Many categories of ________ are evidenced to occur in a workplace such as gender, race, disability, religion, etc. *

A-Fairness

B-Discrimination

C-Law

D-Liability

 

16-The “invisible hand” theory means that ________. *

A-the government has to interfere in every single aspect of the market

B-The rules of a business game have to be set by the government in order to enhance free market competition

C-The market organizes itself because customers will boycott the products that are unethical

D-The company tends to maximize its profits in order to be successful

 

17-Kant’s rule requiring respect for persons asks that we ________. *

A-Treat people as an end

B-Achieve greatest good for the most

C-Treat people as means

D-Treat people equally

 

18-Which of the following models goes deeper than other models in understanding the importance of ethics and humanitarian work in business relations? *

A-Philanthropic model

B-Stakeholder model

C-Legal model

D-Stockholder model

 

19-Wages and the working environment in the developing countries are inferior to those in the developed countries. In international business relations, companies taking advantage over this fact are involved in an unethical behavior in terms of ________. *

A-Corruption

B-Employment practices

C-Human Rights

D-Pollution

 

20-The first step in the decision making process is to ________. *

A-Identify the ethical issue

B-Monitor and learn from the outcome

C-Identify the alternative choices that you have

D-Identify the stakeholders affected by the situation

 

21-Panta Spoon S.A.R.L. has recently announced that employees are required to limit their use of the printing papers since this act is an indirect abuse for the trees. Thus, Panta Spoon S.A.R.L. is ________ toward the ________. *

A-Unethical; community

B-Ethical; environment

C-Ethical; suppliers

D-Unethical; environment

 

22-To act in a way that the rule (maxim) for your action could be a universal law is the essence of the ________. *

A-Principle of justice

B-Principle of universalizability

C-Principle of hedonistic

D-Principle of impartiality

 

23-The Golden Rule is also known as the ________. *

A-Deontological ethics

B-Fairness approach

C-Reversibility approach

D-Right-based theory

 

24-All of the following are sources of ethics, except ________. *

A-Demographics

B-Law

C-Religion

D-Norms

 

25-Company X stated that it is willing to deal with Company Y as a major supplier for its raw materials, under a condition that this latter buys from its final products. This is known as ________. *

A-Cartel

B-Fraud

C-Fair competition

D-Reciprocal trading

 

Answer 1

11. The correct answer to this question is option (c)It is ethical to pay a governmental official “off the books” to facilitate a transaction. It is because giving bribe to a governmental official is unethical.

12. The correct answer to this question is option (c)Lecturers. It is because all the other options- Government, Supplier and creditor are a business stakeholder.

13. The correct answer to this question is option (a)Consumers. It is because taking advantage over people who are unaware of their purchasing rights is not an ethical issue toward the shareholder, environment or the government.

14. The correct answer to this question is option (c)It refers to a set of standards that help an individual distinguish between good and bad behaviors. This defines ethics in the best way and not any other option given in the other options.

15. The correct answer to this question is option (b)Discrimination. It is because there are gender discrimination, race discrimination,etc.

16.  The correct answer to this question is option (c)The market organizes itself because customers will boycott the products that are unethical. This option defines "invisible hand" in the best way and not any other option.

17. The correct answer to this question is option (a)Treat people as an end. Kant's rule did not ask to follow any other options.

18. The correct answer to this question is option (a)Stakeholder mode. It goes deeper than other models in understanding the importance of ethics and humanitarian work in business relations as it seeks to protect all the people who have a stake in the business.

19. The correct answer to this question is option (b)Employment practices. It is unethical in terms of employment practices to take advantage.

20. The correct answer to this question is option (a)Identify the ethical issue. It is because at first we need to identify the problem for decision making.

21. The correct answer to this question is option (b)Ethical; environment. It is because they are caring about the environment.

22. The correct answer to this question is option (b)Principle of universalizability. The concept of universalizability was set out by the 18th-century German philosopher Immanuel Kant in which he best described it.

23. The correct answer to this question is option (b)Fairness approach. The fairness approach assumes that people should be treated equally regardless of their station in life, that is, they should not be subject to discrimination same as the golden rule

24.The correct answer to this question is option (a)Demographics. It is because statistical data relating to the population(Demographics) is not a source of ethics.

25. The correct answer to this question is option (d)Reciprocal trading. The arrangement between X and Y is a classic example of Reciprocal trading.