Question 1

Guilty by association is a form of:

Accepted Answer

A)   begging the question.
B)   argumentum ad hominem.
C)   argumentum ad populum.
D)   gambler's fallacy.

Question 2

Which of the following factors can impose direct penalties for corporate misbehavior?

Accepted Answer

A)   Market forces
B)   Corporate management
C)   Labor unions
D)   Investors

Question 3

A retailer's decision not to close earlier than its regular closing time even though a storm warning makes it unlikely that there will be any more customers that day is an example of rule utilitarianism.

Accepted Answer

A) True 
 B)False

Question 4

Which of the following critical thinking errors is likely to occur among the subordinates if a leader is unethical?

Accepted Answer

A)   False analogy
B)   Bandwagon fallacy
C)   False cause
D)   Gambler's fallacy

Question 5

Speedster is an automobile manufacturing company that has a factory in Seattle,Washington.It has placed Keith McShane,the operations head of the factory,in charge of investigating the firm's decision whether to move the factory to Qingdao,China.Keith is against the idea of the factory relocating to Qingdao because his fellow Americans will lose their jobs to the Chinese.Therefore,he is desperately searching for information that favors Seattle over Qingdao.Which of the following prescribed guidelines for ethical decision making will Keith need to focus on to make an unbiased,ethical decision?

Accepted Answer

A)   Will the shareholders offer support?
B)   What facts impact my decision?
C)   How can I increase the number of shareholders?
D)   Which decision will allow me to retain my job?

Question 6

Which of the following ethical theories focuses on a decisions or action alone,irrespective of the result it produces?

Accepted Answer

A)   Deontological theory
B)   Teleological theory
C)   Profit maximization theory
D)   Utilitarian theory

Question 7

A _____ argument states that we should or should not do something merely because one or more other people or firms do or do not do it.

Accepted Answer

A)   bandwagon fallacy
B)   circular reasoning
C)   false cause
D)   gambler's fallacy

Question 8

Profit maximization results in ethical conduct because:

Accepted Answer

A)   it emphasizes the right to redistribute wealth in order to help the poor and disadvantaged.
B)   it requires society's members to act within the constraints of the law.
C)   it protects fundamental rights,unless some greater right takes precedence.
D)   it focuses on the decision or action itself,irrespective of what results it produces.

Question 9

An individual can lead ethically while not attempting to behave in an ethically way.

Accepted Answer

A) True 
 B)False

Question 10

"The ends justify the means." This statement reflects the utilitarian ethical theory.

Accepted Answer

A) True 
 B)False

Question 11

Which of the following ethical theories judges our actions as good or bad depending on their consequences and is expressed as "the ends justify the means"?

Accepted Answer

A)   Rights theory
B)   Utilitarianism
C)   Kantianism
D)   Deontological theory

Question 12

_____ protects the rights of those who are less privileged in society.

Accepted Answer

A)   Rights theory
B)   Justice theory
C)   Rule utilitarianism theory
D)   Profit maximization theory

Question 13

Which of the following is also called the slippery slope fallacy?

Accepted Answer

A)   Gambler's fallacy
B)   Reductio ad absurdum
C)   Sunk cost fallacy
D)   Argumentum ad hominem

Question 14

A "non sequitur" used in an argument is a wrong conclusion:

Accepted Answer

A)   that does not follow from the facts or premises set out.
B)   based on a false analogy.
C)   that relies on the idea that a popular belief is true.
D)   based on an attack against the speaker,not his/her reasoning.

Question 15

"Your decision will be better for your firm and other stakeholders if you consider your selfish interest." Considering that this statement is true,which of the following prescribed guidelines for ethical decision making should you focus on?

Accepted Answer

A)   Will the shareholders offer support?
B)   How can I increase the number of shareholders?
C)   How do the alternatives impact me,the decision maker?
D)   Who are the stakeholders?

Question 16

Asking whether a decision will produce the right results is an example of deontological theory.

Accepted Answer

A) True 
 B)False

Question 17

Which of the following attacks the speaker for his argument,not his reasoning?

Accepted Answer

A)   Argumentum ad hominem
B)   Argumentum from authority
C)   Argumentum as populism
D)   Argumentum ad vacuum

Question 18

"Begging the question" is also known as the slippery slope fallacy.

Accepted Answer

A) True 
 B)False

Question 19

Which of the following ethical theories requires decision makers to maximize utility for the society as a whole?

Accepted Answer

A)   Profit maximization theory
B)   Deontological theory
C)   Rights theory
D)   Utilitarian theory

Question 20

Bennett is in the process of making an important decision for his firm.Which of the following actions strengthens the argument that Bennett is a utilitarian?

Accepted Answer

A)   Bennett chooses the alternative that promises the highest net welfare to society as a whole.
B)   Bennett implements the alternative that allocates society's benefits and burden most fairly.
C)   Bennett considers whether everyone is getting what he deserves.
D)   Bennett determines whether anyone's rights are negatively affected by an alternative.

Exam 4: Business Ethics, Corporate Social Responsibility, Corporate Governance, and Critical Thinking

A retailer's decision not to close earlier than its regular closing time even though a storm warning makes it unlikely that there will be any more customers that day is an example of rule utilitarianism.

Correct Answer
verified

_____ protects the rights of those who are less privileged in society.

Correct Answer
verified

Profit maximization results in ethical conduct because:

Correct Answer
verified

Which of the following critical thinking errors is likely to occur among the subordinates if a leader is unethical?

Correct Answer
verified

Guilty by association is a form of:

Correct Answer
verified

Which of the following factors can impose direct penalties for corporate misbehavior?

Correct Answer
verified

Which of the following ethical theories focuses on a decisions or action alone,irrespective of the result it produces?

Correct Answer
verified

A _____ argument states that we should or should not do something merely because one or more other people or firms do or do not do it.

Correct Answer
verified

A "non sequitur" used in an argument is a wrong conclusion:

Correct Answer
verified

Bennett is in the process of making an important decision for his firm.Which of the following actions strengthens the argument that Bennett is a utilitarian?

Correct Answer
verified

Which of the following ethical theories judges our actions as good or bad depending on their consequences and is expressed as "the ends justify the means"?

Correct Answer
verified

Which of the following ethical theories requires decision makers to maximize utility for the society as a whole?

Correct Answer
verified

Correct Answer
verified

An individual can lead ethically while not attempting to behave in an ethically way.

Correct Answer
verified

Which of the following is also called the slippery slope fallacy?

Correct Answer
verified

"The ends justify the means." This statement reflects the utilitarian ethical theory.

Correct Answer
verified

"Your decision will be better for your firm and other stakeholders if you consider your selfish interest." Considering that this statement is true,which of the following prescribed guidelines for ethical decision making should you focus on?

Correct Answer
verified

"Begging the question" is also known as the slippery slope fallacy.

Correct Answer
verified

Asking whether a decision will produce the right results is an example of deontological theory.

Correct Answer
verified

Which of the following attacks the speaker for his argument,not his reasoning?

Correct Answer
verified

Exam 4: Business Ethics, Corporate Social Responsibility, Corporate Governance, and Critical Thinking

A retailer's decision not to close earlier than its regular closing time even though a storm warning makes it unlikely that there will be any more customers that day is an example of rule utilitarianism.

Correct AnswerverifiedShow Answer

_____ protects the rights of those who are less privileged in society.

Correct AnswerverifiedShow Answer

Profit maximization results in ethical conduct because:

Correct AnswerverifiedShow Answer

Which of the following critical thinking errors is likely to occur among the subordinates if a leader is unethical?

Correct AnswerverifiedShow Answer

Guilty by association is a form of:

Correct AnswerverifiedShow Answer

Which of the following factors can impose direct penalties for corporate misbehavior?

Correct AnswerverifiedShow Answer

Which of the following ethical theories focuses on a decisions or action alone,irrespective of the result it produces?

Correct AnswerverifiedShow Answer

A _____ argument states that we should or should not do something merely because one or more other people or firms do or do not do it.

Correct AnswerverifiedShow Answer

A "non sequitur" used in an argument is a wrong conclusion:

Correct AnswerverifiedShow Answer

Bennett is in the process of making an important decision for his firm.Which of the following actions strengthens the argument that Bennett is a utilitarian?

Correct AnswerverifiedShow Answer

Which of the following ethical theories judges our actions as good or bad depending on their consequences and is expressed as "the ends justify the means"?

Correct AnswerverifiedShow Answer

Which of the following ethical theories requires decision makers to maximize utility for the society as a whole?

Correct AnswerverifiedShow Answer

Correct AnswerverifiedShow Answer

An individual can lead ethically while not attempting to behave in an ethically way.

Correct AnswerverifiedShow Answer

Which of the following is also called the slippery slope fallacy?

Correct AnswerverifiedShow Answer

"The ends justify the means." This statement reflects the utilitarian ethical theory.

Correct AnswerverifiedShow Answer

"Your decision will be better for your firm and other stakeholders if you consider your selfish interest." Considering that this statement is true,which of the following prescribed guidelines for ethical decision making should you focus on?

Correct AnswerverifiedShow Answer

"Begging the question" is also known as the slippery slope fallacy.

Correct AnswerverifiedShow Answer

Asking whether a decision will produce the right results is an example of deontological theory.

Correct AnswerverifiedShow Answer

Which of the following attacks the speaker for his argument,not his reasoning?

Correct AnswerverifiedShow Answer

Correct Answer
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