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Question 1

4 out of 4 points

   

Which of the following statements best illustrates the view of “utilitarianism”?
I.          From each according to his abilities, to each according to his needs.
II.         The risk reasonably to be perceived defines the duty to be obeyed and risks imports relation; it is risk to another or to others within the range of apprehension.
III.       An action is right when maximizing welfare and total well-being.
IV.       Individuals should pursue his or her own self-interest, even at the expense of others.

Answer

     

Selected Answer:

  

III only

Correct Answer:

  

III only

     

Question 2

4 out of 4 points

   

The best example of a source for virtue ethics for a business is

Answer

     

Selected Answer:

  

the corporate mission statement.

Correct Answer:

  

the corporate mission statement.

     

Question 3

4 out of 4 points

   

According to Citizens United v. Federal Election Commission, which of the following is not a reason to allow corporations the right to spend money and advertise for political candidates?

Answer

     

Selected Answer:

  

The immense wealth of a corporation allows it to be the most accurate in providing messages to people. 

Correct Answer:

  

The immense wealth of a corporation allows it to be the most accurate in providing messages to people. 

     

Question 4

4 out of 4 points

   

Which of the following views on outsourcing would be consistent with the free market ethics approach advocated by Milton Friedman?

Answer

     

Selected Answer:

  

Outsourcing enhances competitiveness, modernization, and bigger market opportunities.

Correct Answer:

  

Outsourcing enhances competitiveness, modernization, and bigger market opportunities.

     

Question 5

4 out of 4 points

   

Corporate director or officer decisions to dedicate corporate  funds for social causes is called:

Answer

     

Selected Answer:

  

Corporate Social Responsibility (CSR)

Correct Answer:

  

Corporate Social Responsibility (CSR)

     

Question 6

4 out of 4 points

 

   

Under the legal doctrine of “employment at will” an employee can be lawfully terminated from her job for:
I.          wearing a shirt that clashes with her suit
II.         any non-discriminatory reason
III.       complaining about illegal activity in the workplace
IV.       only for good cause

Answer

     

Selected Answer:

  

c. I and II

Correct Answer:

  

c. I and II

     

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