 |
1 | |
According to one perspective of business ethics, no one other than business managers and owners may claim to have a stake in the business decisions managers make. |
| | A) | TRUE |
| | B) | FALSE |
|
|
2 | |
The free market view holds that maximizing profits for its shareowners and providing the public with the goods and services they want, is enough to satisfy a business’ social responsibility. |
| | A) | TRUE |
| | B) | FALSE |
|
|
3 | |
The common understanding of business social responsibility is that business owners may well have to sacrifice profits if the well-being of its employees and the community it operates in demands it.
|
| | A) | TRUE
|
| | B) | FALSE
|
|
|
4 | |
Because the language of ethics is so different from talk about the operational fields of finance, marketing, accounting, management, law, and human resources, ethical concepts and categories are not relevant to these fields.
|
| | A) | TRUE
|
| | B) | FALSE
|
|
|
5 | |
Because people already know right from wrong, the study of business ethics is simply an unprofitable exercise.
|
| | A) | TRUE
|
| | B) | FALSE
|
|
|
6 | |
If something is seriously wrong, the law will prohibit it. Consequently, it’s enough to rely on the law for deciding what’s right or wrong.
|
| | A) | TRUE
|
| | B) | FALSE
|
|
|
7 | |
What people do value and what they should value are not necessarily the same
|
| | A) | TRUE
|
| | B) | FALSE
|
|
|
8 | |
The major reason to study ethics is that whether or not we examine the questions “what should I do?” or “what type of person should I be?” or “how shall we live in community?” we answer them in the course of living our everyday lives.
|
| | A) | TRUE
|
| | B) | FALSE
|
|
|
9 | |
As long as individuals follow the mores, customs, and rules of their culture or society, they are assured that their actions are ethically correct.
|
| | A) | TRUE
|
| | B) | FALSE
|
|
|
10 | |
Philosophical ethics distinguishes what people do value from what they should value.
|
| | A) | TRUE
|
| | B) | FALSE
|
|
2003 McGraw-Hill Higher Education