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An Introduction to Business Ethics
Joseph R DesJardins, College of St. Benedict

Ethical Theory and Business

Essay Quiz



1

Should the increase or decrease in the value of a company's shares be the only criterion for determining a chief executive officer's ( CEO's) compensation? If not, what criteria would you use?
2

Does a significant gap between a CEO's compensation and that of average factory workers and poor and middle-class households' necessarily mean that the CEO's compensation is unjust?
3

Deontological ethics denies that the rights of an individual should be sacrificed in order to produce a net increase in the collective good. Is this doctrine too restrictive? If, for instance, imprisoning innocent people would result in a very significant decrease in serious violent crimes, would that be too large a price to pay for such an enormous benefit? Wouldn't utilitarian ethical theory be a better approach in this case?
4

According to Kant's categorical imperative, we may never lie under any circumstances. If everyone followed a maxim to lie whenever it suited his or her own interest, rational communication would be impossible. Is Kant right? Or can you think of circumstances where the ethically right thing to do would be to tell a lie? How would you justify your answer to Kant?
5

Would you be receptive to an individual's contention that he or she is consistently honest, fair, compassionate, generous, sympathetic, just, loving, and tolerant in everyday personal and private situations but cannot act that way in the harshly competitive world of business?