Exam 42: Ethics and Social Responsibility of Business

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The False Claims Act grants the private party a share in the monetary recovery made in a whistleblower case.

(True/False)
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All laws are framed to meet the highest ethical standards.

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The categorical imperative "Do unto others as you would have them do unto you" is an illustration of Kantian ethics.

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Give an account of the relationship between ethics and law.

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________ is an ethical theory where a person adheres to rules or commands that are from an outside source,like a book or a central figure.

(Multiple Choice)
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According to ________,keeping a promise to abide by a contract is a moral duty even if that contract turns out to be detrimental to the obligated party.

(Multiple Choice)
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In Kantian ethics,the principle of inconsistency postulates treating all ethical cases differently.

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________ is a social responsibility theory of business which says that a corporation must consider the effects its actions have on persons other than its shareholders.

(Multiple Choice)
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The theory of corporate citizenship contends that corporations owe a duty to promote the same social goals as individual members of society.

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Which of the following statements describes the moral theory of utilitarianism?

(Multiple Choice)
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Which of the following is a perceived disadvantage of Rawls's social justice theory?

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The Whistleblower Statute is also known as the ________.

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ULab Inc.,a biotechnology firm,recently had a fire in one of its offices,which resulted in the office building being fire gutted.The employees were not trained through fire drills,and the 10-story building had no fire escape route.Consequently,many employees were hospitalized for physical injuries,burns,and toxic smoke inhalation.What important social responsibility theory was ULab negligent of by not training its employees through fire drills and not installing a fire exit?

(Multiple Choice)
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Which of the following moral theories matches the dictum "I will keep the rules if everyone else does?"

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Gregory,who looks up to the principles of Dr.Martin Luther King Jr.for ethical rules,is an ethical fundamentalist.

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Utilitarianism postulates doing the greatest good for the greatest number of people.

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A social responsibility theory of business which says that a corporation's duty is to make a profit while avoiding causing harm to others is referred to as ________.

(Multiple Choice)
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The theory of moral minimum emphasizes correcting social injuries caused by a business.

(True/False)
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What is "maximizing profits" as a social responsibility theory in business?

(Multiple Choice)
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In accordance to the stakeholder interest theory,a corporation must view employees solely as a means of maximizing shareholder wealth.

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