Exam 1: Ethical Theory, Philosophical Foundations, Our Reasoning Flaws, and Types of Ethical Dilemma

Those who hit a car in a parking lot without being seen and don't leave a note are Kantian in their ethical standards.

Who of the following philosophers subscribe to ethical egoism?

A purchasing agent whose daughter works for a supplier has a conflict of interest.

Which of the following is not a conflict of interest?

Into which of the following categories do patent and copyright infringement fall?

Which category of ethical dilemma applies to dog walkers who do not scoop up after their pets?

A credo consists of how you define yourself by job title and income.

LeAnn Rimes, a country western singer, signed a contract at age 12 with Curb Records.Curb Records is owned by Mike Curb, a long-standing presence in the music industry who began his career with a group known as The Mike Curb Congregation.Under the terms of that contract as it originally existed, and as it was signed by Ms.Rimes' guardians, Ms.Rimes would have been 35 before she had delivered the 21 albums required under the agreement."At 12, I ?didn't understand everything in my contract.All I know is that I really wanted to sing," was the explanation Ms.Rimes offered when she later testified before the California Senate Select Committee on the Entertainment Industry looking into the labor issues surrounding long-term album requirements contracts.Which of the following would apply to Curb Records' conduct with regard to Ms.Rimes?

"If you think what we're doing now is bad, you should have seen our actions 10 years ago," is an example of:

Which model for ethical decision analysis requires managers to seek additional perspectives on ethical issues?

Although you are not part of your company's engineering group, you have discovered a major flaw in the company's new paper-thin solar calculator.The calculator adds when the subtract button is pressed if there are more than 3 figures to the right of the decimal point.Since it is not your area, you should do and say nothing.

Ethical choices often prove costly to firms in the short term.

With respect to #55, using your work computer and paper to complete the case analyses would be unethical.

Acting in one's own self-interest is a description of ethical egoism.

Payments of royalties from drug sales by a pharmaceutical firm to the university where a researcher conducting studies has validated the firm's claims is a conflict of interest.

Attending a class on company time would be unethical.

Kant would label paying lower wages in developing countries than the wages paid in developed economies as unethical.

Medical Purchasing Agents (MPC) is a company that represents groups of hospitals as their agents for purchasing medical supplies.MPC is able to obtain discounts for the hospital group because of their sheer volume needs when they are grouped together.MPC's CEO, CFO and general counsel own 51% of the stock of a company called Medi-Pump.Medi-Pump is the sole supplier to the hospitals for feeding pumps, IV pumps and other forms of hi-tech medical pumps and supplies.MPC has negotiated a low-cost supply contract from Medi-Pump to the hospitals.MPC:

Robert Nozick is a moral relativist.

Customer A has $250 in his account.Six checks, totaling $325, have come in for payment.One check is for $257.00, with the remaining five checks making up the difference to the $325 total.First Bank pays the five smallest checks first, honors the $257.00 with overdraft protection, and charges the customer one overdraft fee.Second Third Bank pays the largest ($257) check first, pays the five remaining smaller checks with overdraft protection, and then charges the customer five overdraft fees.Which of the following is correct?