Question 1

________ is a set of moral principles or values that governs the conduct of an individual or a group.

Accepted Answer

A)  Rationality 
B)  Evolution 
C)  Ethics 
D)  Reason 
A)  Rationality 
B)  Evolution 
C)  Ethics 
D)  Reason C

Question 2

Explain the two principles used to derive the universal rules of Kantian ethics?

Accepted Answer

The universal rules of Kantian ethics are based on two important principles:
(1) Consistency-that is, all cases are treated alike, with no exceptions-and
(2) Reversibility-that is, the actor must abide by the rule he or she uses to judge the morality of someone else's conduct. Thus, if you are going to make an Exception for yourself, that exception becomes a universal rule that applies to all others.

Question 3

Under the moral theory of ________, a person looks to an outside source for ethical rules or commands.

Accepted Answer

ethical fundamentalism

Question 4

The social contract theory is derived from Rawls's social justice theory.

Accepted Answer

A) True 
 B)False

Question 5

There are no specific governmental laws endorsing a moral minimum of social responsibility on corporations.

Accepted Answer

A) True 
 B)False

Question 6

________ is a moral theory which holds that individuals must decide what is ethical based on their own feelings about what is right and wrong.

Accepted Answer

A)  Ethical relativism 
B)  Kantian ethics 
C)  Utilitarianism 
D)  Rawls's social justice theory 
A)  Ethical relativism 
B)  Kantian ethics 
C)  Utilitarianism 
D)  Rawls's social justice theory

Question 7

Give an account of the relationship between ethics and law.

Accepted Answer

Ethics and the law are intertwined. Alth

Question 8

According to ethical relativism, an action that is usually thought to be unethical would not be considered unethical if the perpetrator thought it was ethical.

Accepted Answer

A) True 
 B)False

Question 9

Reversibility is a principle of Kantian ethics which says that ________.

Accepted Answer

A)  a person must be allowed to reverse his moral judgment to better suit his needs 
B)  a person must treat all moral circumstances as one 
C)  a person must be allowed to selectively choose moral judgments based on the circumstances 
D)  a person must abide by the rule he or she uses to judge the morality of someone else's conduct 
A)  a person must be allowed to reverse his moral judgment to better suit his needs 
B)  a person must treat all moral circumstances as one 
C)  a person must be allowed to selectively choose moral judgments based on the circumstances 
D)  a person must abide by the rule he or she uses to judge the morality of someone else's conduct

Question 10

Ethical relativism holds that moral standards ought to be based on an individual's feelings of what is right or wrong.

Accepted Answer

A) True 
 B)False

Question 11

According to Kantian ethics, one would be obligated to abide by a contract even if that contract turns out to be detrimental to the obligated party.

Accepted Answer

A) True 
 B)False

Question 12

Consistency is one of the two important principles of ________ upon which its universal laws are based.

Accepted Answer

A)  utilitarianism 
B)  Kantian ethics 
C)  Rawls's social justice theory 
D)  moral relativism 
A)  utilitarianism 
B)  Kantian ethics 
C)  Rawls's social justice theory 
D)  moral relativism

Question 13

Portman, who runs a computer hardware store, had signed a contract with Stewie Inc. to deliver 125 computer monitors. He was to deliver it by the 5th of August, but by the 3rd of August, Portman could not arrange for the monitors, as his usual supplier was not available. Portman then decided to go to another supplier who had a higher selling price rather than cancel the contract with Stewie Inc. as he believed it was his duty to do so. What of the following moral theories matches Portman's behavior?

Accepted Answer

A)  Kantian ethics 
B)  utilitarianism 
C)  Rawls's social justice theory 
D)  moral relativism 
A)  Kantian ethics 
B)  utilitarianism 
C)  Rawls's social justice theory 
D)  moral relativism

Question 14

The social responsibility theory of ________ tries to protect the interest of people, besides shareholders, who are connected to a corporation.

Accepted Answer

stakeholde

Question 15

________ Act is a federal statute that permits private parties to sue companies for fraud on behalf of the government and share in any monetary recovery.

Accepted Answer

A)  Business Norms 
B)  Sarbanes-Oxley 
C)  Glass-Steagall 
D)  False Claims 
A)  Business Norms 
B)  Sarbanes-Oxley 
C)  Glass-Steagall 
D)  False Claims

Question 16

Rawl's social justice theory is based on the ________ theory of morality proposed by John Locke and Jean-Jacques Rousseau.

Accepted Answer

The answer of Rawl's social justice theory is based on...

Question 17

Give an account the social responsibility of businesses and list out its four main theories.

Accepted Answer

Businesses do not operate in a vacuum. D

Question 18

Kantian ethics distinguishes between the morality one uses to judge others and the morality one uses on oneself.

Accepted Answer

A) True 
 B)False

Question 19

What is "corporate citizenship" as a social responsibility theory in business?

Accepted Answer

A)  Businesses are responsible to even helping solve social problems that it did not cause. 
B)  Businesses owe a duty to take actions that increase profits for shareholders. 
C)  Businesses have a responsibility solely to its stakeholders, and should strive to maximize their well-being. 
D)  Businesses are obliged to consider the effects its actions have on persons other than its shareholders. 
A)  Businesses are responsible to even helping solve social problems that it did not cause. 
B)  Businesses owe a duty to take actions that increase profits for shareholders. 
C)  Businesses have a responsibility solely to its stakeholders, and should strive to maximize their well-being. 
D)  Businesses are obliged to consider the effects its actions have on persons other than its shareholders.

Question 20

________ is a moral theory which says that people owe moral duties that are based on universal rules.

Accepted Answer

A)  Rawls's social justice theory 
B)  Kantian ethics 
C)  Utilitarianism 
D)  Moral relativism 
A)  Rawls's social justice theory 
B)  Kantian ethics 
C)  Utilitarianism 
D)  Moral relativism

Exam 2: Ethics and Social Responsibility of Business

________ is a set of moral principles or values that governs the conduct of an individual or a group.

Explain the two principles used to derive the universal rules of Kantian ethics?

Under the moral theory of ________, a person looks to an outside source for ethical rules or commands.

The social contract theory is derived from Rawls's social justice theory.

There are no specific governmental laws endorsing a moral minimum of social responsibility on corporations.

________ is a moral theory which holds that individuals must decide what is ethical based on their own feelings about what is right and wrong.

Give an account of the relationship between ethics and law.

According to ethical relativism, an action that is usually thought to be unethical would not be considered unethical if the perpetrator thought it was ethical.

Reversibility is a principle of Kantian ethics which says that ________.

Ethical relativism holds that moral standards ought to be based on an individual's feelings of what is right or wrong.

According to Kantian ethics, one would be obligated to abide by a contract even if that contract turns out to be detrimental to the obligated party.

Consistency is one of the two important principles of ________ upon which its universal laws are based.

The social responsibility theory of ________ tries to protect the interest of people, besides shareholders, who are connected to a corporation.

________ Act is a federal statute that permits private parties to sue companies for fraud on behalf of the government and share in any monetary recovery.

Rawl's social justice theory is based on the ________ theory of morality proposed by John Locke and Jean-Jacques Rousseau.

Give an account the social responsibility of businesses and list out its four main theories.

Kantian ethics distinguishes between the morality one uses to judge others and the morality one uses on oneself.

What is "corporate citizenship" as a social responsibility theory in business?

________ is a moral theory which says that people owe moral duties that are based on universal rules.

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