Question 1

Which of the following are alternatives in dealing with issues of ethics in advertising?

Accepted Answer

A)  Try, in a general way, to minimize racism, sexism, and other exploitation. 
B)  Include, as part of the development process, a systematic, focused review of the underlying messages contained in advertisements. 
C)  Refuse to create ads that are potentially demeaning, insensitive, or dangerous, recognizing that such a stand may lead to a loss of clients. 
D)  All of the above are alternatives in dealing with issues of ethics in advertising. 
A)  Try, in a general way, to minimize racism, sexism, and other exploitation. 
B)  Include, as part of the development process, a systematic, focused review of the underlying messages contained in advertisements. 
C)  Refuse to create ads that are potentially demeaning, insensitive, or dangerous, recognizing that such a stand may lead to a loss of clients. 
D)  All of the above are alternatives in dealing with issues of ethics in advertising.

Question 2

Ethical companies:

Accepted Answer

A)  tend to earn higher returns than companies that engage in wrong-doing. 
B)  tend to have more creative employees than companies that engage in wrong-doing. 
C)  are guaranteed to be more profitable in the long run than companies that engage in wrong-doing. 
D)  All of the above.. 
E)  Both (a) and (b). 
A)  tend to earn higher returns than companies that engage in wrong-doing. 
B)  tend to have more creative employees than companies that engage in wrong-doing. 
C)  are guaranteed to be more profitable in the long run than companies that engage in wrong-doing. 
D)  All of the above.. 
E)  Both (a) and (b).

Question 3

Researchers who study happiness find that people expect material goods to make them happier than they actually do.

Accepted Answer

A) True 
 B)False

Question 4

Oxtron,Inc.arranged for two employees,Kaiya and Gary,to attend "The Business Ethics 2008 Conference: Maintaining Credibility" in New York City.Although Gary goes to New York,he does not participate in the conference.Instead,he takes in the local attractions.Kaiya fully participated in the conference.Using ethical standards,describe what Kaiya should do about Gary's failure to participate in the conference.

Accepted Answer

Kaiya has to ask herself the following q

Question 5

John discovered his company's accountant was "skimming" money from the business.The accountant agreed to pay John a one-time payment of $25,000 not to report the skimming to company officials.The accountant promised she would pay the money back when she could.John accepted the money and never reported what he knew.A year later the accountant was fired when the embezzlement was discovered.She was also prosecuted for theft.The payment to John was never discovered.Which statement is correct?

Accepted Answer

A)  John's act was unethical and illegal. 
B)  John's act was unethical but not necessarily illegal. 
C)  John's act was ethical since he believed the accountant would return the money; however, it was illegal. 
D)  Based on the facts, John's conduct was both ethical and legal given the special circumstances of this case. 
A)  John's act was unethical and illegal. 
B)  John's act was unethical but not necessarily illegal. 
C)  John's act was ethical since he believed the accountant would return the money; however, it was illegal. 
D)  Based on the facts, John's conduct was both ethical and legal given the special circumstances of this case.

Question 6

Paul decided he did not want the new jeans he had purchased from a large discount department store.He had worn them three times and decided he just did not like them.The jeans fit him fine and there is nothing wrong with them.He takes the jeans back to the store and,as is its policy,the store gave him a full refund of his money.Which statement is correct?

Accepted Answer

A)  Paul's conduct was ethical as long as he was within the time frame for returns. 
B)  Paul's conduct was unethical. 
C)  This is not an issue of ethics since people do this all the time. 
D)  Paul's conduct was ethical since the store has a legal duty to return his money when he returned the jeans. 
A)  Paul's conduct was ethical as long as he was within the time frame for returns. 
B)  Paul's conduct was unethical. 
C)  This is not an issue of ethics since people do this all the time. 
D)  Paul's conduct was ethical since the store has a legal duty to return his money when he returned the jeans.

Question 7

Identify and discuss six values that are almost universal.

Accepted Answer

The six universal values discussed in th

Question 8

Chelvam is the director of quality control.Chelvam rejected some parts as non-conforming to the specifications.Chelvam's supervisor directs him to accept the parts.Which value might give Chelvam the strength to oppose his supervisor?

Accepted Answer

A)  Consideration. 
B)  Courage. 
C)  Greed. 
D)  Ambition. 
A)  Consideration. 
B)  Courage. 
C)  Greed. 
D)  Ambition.

Question 9

Which of the following values are considered universal?

Accepted Answer

A)  Courage. 
B)  Democracy. 
C)  Environmental protection. 
D)  All the answers are correct. 
A)  Courage. 
B)  Democracy. 
C)  Environmental protection. 
D)  All the answers are correct.

Question 10

Does ethical behavior maximize profitability?

Accepted Answer

A)  Yes, there is concrete evidence that ethical behavior maximizes profitability. 
B)  No, there is concrete evidence that unethical companies outperform ethical companies. 
C)  Although there is no guarantee that ethical behavior pays in the short or long run, there is evidence that the ethical company is more likely to win financially. 
D)  There is strong evidence that ethical behavior pays financially in the long run, but not in the short run. 
A)  Yes, there is concrete evidence that ethical behavior maximizes profitability. 
B)  No, there is concrete evidence that unethical companies outperform ethical companies. 
C)  Although there is no guarantee that ethical behavior pays in the short or long run, there is evidence that the ethical company is more likely to win financially. 
D)  There is strong evidence that ethical behavior pays financially in the long run, but not in the short run.

Question 11

Generally,ethical managers have happier,more satisfying lives.

Accepted Answer

A) True 
 B)False

Question 12

The observation that "The one and only social responsibility of business is to increase its profits" can be attributed to:

Accepted Answer

A)  Justice Potter Stewart. 
B)  John Akers. 
C)  Milton Friedman. 
D)  Jeffrey Sachs. 
A)  Justice Potter Stewart. 
B)  John Akers. 
C)  Milton Friedman. 
D)  Jeffrey Sachs.

Question 13

Research has shown that the least important motivation for managers in behaving ethically is:

Accepted Answer

A)  they want to feel good about themselves. 
B)  they want to feel good about the decisions they make. 
C)  they value their reputation. 
D)  profitability. 
A)  they want to feel good about themselves. 
B)  they want to feel good about the decisions they make. 
C)  they value their reputation. 
D)  profitability.

Question 14

A manager making a decision without fraud,prejudice,or favoritism is exhibiting the value of:

Accepted Answer

A)  compassion. 
B)  integrity. 
C)  fairness. 
D)  responsibility. 
A)  compassion. 
B)  integrity. 
C)  fairness. 
D)  responsibility.

Question 15

Deontologists would agree that the increasing medical concern over obesity in the United States justifies federal regulation of high fat,high sugar,low nutrition food advertising during children's television programs.

Accepted Answer

A) True 
 B)False

Question 16

Society is hurt when business managers behave ethically.

Accepted Answer

A) True 
 B)False

Question 17

Why should ethics be a concern to business?

Accepted Answer

A)  Society as a whole benefits from ethical behavior. 
B)  People feel better when they behave ethically. 
C)  Unethical behavior can be very costly. 
D)  All of the above. 
A)  Society as a whole benefits from ethical behavior. 
B)  People feel better when they behave ethically. 
C)  Unethical behavior can be very costly. 
D)  All of the above.

Question 18

Li is the vice president of marketing for Felson,Inc.,a manufacturer of children's clothing Felson is considering building a factory in a developing country,where there are few restrictions on working conditions,wages,or maximum work hours.Which viewpoint: utilitarian or deontological would support this move? Why?

Accepted Answer

A utilitarian viewpoint would support bu

Question 19

In 1919,Henry Ford was sued because:

Accepted Answer

A)  he used corporate profits to support humanitarian and charitable works. 
B)  he diverted corporate profits for personal gain. 
C)  the Dodge brothers wanted a bigger role in management. 
D)  his factory was deemed to be a sweatshop. 
A)  he used corporate profits to support humanitarian and charitable works. 
B)  he diverted corporate profits for personal gain. 
C)  the Dodge brothers wanted a bigger role in management. 
D)  his factory was deemed to be a sweatshop.

Question 20

Immanuel Kant was a German philosopher who was a proponent of utilitarian ethics.

Accepted Answer

A) True 
 B)False

Exam 2: Business Ethics And Social Responsibility

Which of the following are alternatives in dealing with issues of ethics in advertising?

Ethical companies:

Researchers who study happiness find that people expect material goods to make them happier than they actually do.

Identify and discuss six values that are almost universal.

Chelvam is the director of quality control.Chelvam rejected some parts as non-conforming to the specifications.Chelvam's supervisor directs him to accept the parts.Which value might give Chelvam the strength to oppose his supervisor?

Which of the following values are considered universal?

Does ethical behavior maximize profitability?

Generally,ethical managers have happier,more satisfying lives.

The observation that "The one and only social responsibility of business is to increase its profits" can be attributed to:

Research has shown that the least important motivation for managers in behaving ethically is:

A manager making a decision without fraud,prejudice,or favoritism is exhibiting the value of:

Deontologists would agree that the increasing medical concern over obesity in the United States justifies federal regulation of high fat,high sugar,low nutrition food advertising during children's television programs.

Society is hurt when business managers behave ethically.

Why should ethics be a concern to business?

In 1919,Henry Ford was sued because:

Immanuel Kant was a German philosopher who was a proponent of utilitarian ethics.

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