Exam 2: Business Ethics and the Social Responsibility of Business

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Nineteen-year-old Martin was raised in a loving family that attended a Christian church regularly and he attended parochial school through eighth grade.Martin is a good student and citizen who conforms to the expectations of his church,family,and peers.He does so because he loves his family and church,is loyal to them,and trusts them.Under Kohlberg's schematic analysis,Martin is most likely at what stage of moral development?

(Multiple Choice)
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A common criticism of ethical relativism is that it:

(Multiple Choice)
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Under a Kantian approach to ethics,a person should not lie to colleagues unless that person supports the right of all colleagues to lie to one another.

(True/False)
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The two major forms of utilitarianism are situational and a priori.

(True/False)
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The type of moral equality espoused by John Rawls is:

(Multiple Choice)
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To a(n)____,whether telling a lie in a given instance would produce greater pleasure than telling the truth is less important than deciding if a general practice of lying would maximize society's pleasure.

(Multiple Choice)
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Ethics can be broadly defined as the study of what is good or right for human beings.

(True/False)
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Business ethics is a subset of ethics;there is no special set of ethical principles that applies only to the business world.

(True/False)
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In employment relationships,ethical issues are often centered around safety and fair treatment of workers.

(True/False)
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The definition of the doctrine of ethical relativism includes:

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Which of the following does not describe the libertarian social ethics theory?

(Multiple Choice)
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What is unjust to a social egalitarian will likely also be unjust to a libertarian.

(True/False)
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The definition of business ethics includes which of the following points?

(Multiple Choice)
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The theory of distributive justice analyzes society through a "veil of ignorance."

(True/False)
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Jeremy Bentham was not a proponent of utilitarianism.

(True/False)
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Because there are no universal,clear-cut standards to apply to ethical analysis,it is impossible to make meaningful ethical judgments.

(True/False)
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In Adam Smith's The Wealth of Nations,how many "institutions" are in the capitalistic system?

(Multiple Choice)
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According to Milton Friedman,the social obligation of a corporation is to return as much money as possible to its shareholders.

(True/False)
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Not everything that is legal is also morally correct.

(True/False)
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