Exam 1: Ethics and Business

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Ethical business leadership is the skill to create circumstances in which bad people are taught to do good.

(True/False)
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Ethics refers to how human beings should properly live their lives.

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According to the tradition of theoretical reason, _____ is the great arbiter of truth.

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Ethics seeks an account of how and why people should act a certain way, rather than how they do act. This nature of ethics makes it a(n) _____ discipline.

(Multiple Choice)
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Describe the advantages associated with ethical decision-making.

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_____ serve the ends of human well-being.

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Normative disciplines presuppose some underlying ____.

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The aspect of business ethics that examines business institutions from a social rather than an individual perspective is referred to as:

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Which of the following is an approach advocated while teaching ethics?

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Differentiate between practical reason and theoretical reason.

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Technically speaking, values are not necessarily positive or ethical in nature.

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As a _____ discipline, ethics seeks an account of how and why people should act a certain way.

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Ethical decision making in business is limited to major corporate decisions with dramatic social consequences.

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Which of the following can be thought of as the answer to the fundamental questions of theoretical reason?

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In a general sense, a business stakeholder is one who has made substantial financial investments in the business.

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Like ethics, social sciences such as psychology and sociology also examine human decision making and actions. However, these fields differ from ethics because they are ____.

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Discuss the hesitation (that may be justified) associated with teaching ethics. Explain briefly how the authors of this text believe that ethics can be taught constructively in a class.

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Which of the following best describes ethics?

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Philosophers often emphasize that ethics is ____, which means that it deals with a person's reasoning about how he or she should act.

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_____ is the aspect of ethics that is referred to by the phrase "personal integrity."

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