Question 1

John Stuart Mill wrote The Moral Sentiments of Markets .

Accepted Answer

A) True 
 B)False

Question 2

When answering the question, "What did you do in the past year that bothers you?", most people respond:

Accepted Answer

A)  Nothing. 
B)  With an example of an ethical issue. 
C)  With an example of violation of the law. 
D)  With an explanation that they do not understand the question. 
A)  Nothing. 
B)  With an example of an ethical issue. 
C)  With an example of violation of the law. 
D)  With an explanation that they do not understand the question.

Question 3

Your college of business is sponsoring a case competition. All teams must watch the other teams compete. The order of presentation is by luck of a draw. The team that is the last to present left during one of the presentations, went to the computer room and redid its PowerPoint slides and restructured its presentation based on what other teams had presented. This team has done nothing unethical.

Accepted Answer

A) True 
 B)False

Question 4

Student loans are generally dischargeable debts in bankruptcy.

Accepted Answer

A) True 
 B)False

Question 5

A quid pro quo relates to which category of ethical dilemma?

Accepted Answer

A)  Hiding or divulging information 
B)  Personal decadence 
C)  Conflict of interest 
D)  False impressions 
A)  Hiding or divulging information 
B)  Personal decadence 
C)  Conflict of interest 
D)  False impressions

Question 6

Most ethical lapses are sudden and not foreseen.

Accepted Answer

A) True 
 B)False

Question 7

Which category of ethical dilemma does line-cutting fall into?

Accepted Answer

A)  Taking things that don't belong to you 
B)  Taking unfair advantage 
C)  Conflict of interest 
D)  False impression 
A)  Taking things that don't belong to you 
B)  Taking unfair advantage 
C)  Conflict of interest 
D)  False impression

Question 8

What happened to the Piper High School teacher, Ms. Pelton?

Accepted Answer

A)  She was fired 
B)  Her decision was reversed 
C)  She quit her job 
D)  Both a and b 
E)  Both b and c 
A)  She was fired 
B)  Her decision was reversed 
C)  She quit her job 
D)  Both a and b 
E)  Both b and c

Question 9

Accepting gifts from suppliers and vendors is not a problem so long as no bid decisions are pending.

Accepted Answer

A) True 
 B)False

Question 10

A purchasing agent who is an owner of 25% of the shares in a supplier does not have a conflict of interest.

Accepted Answer

A) True 
 B)False

Question 11

Which of the following is not part of the Wall Street Journal model?

Accepted Answer

A)  Compliance 
B)  Consequences 
C)  Justice 
D)  All of the above are part of the model 
A)  Compliance 
B)  Consequences 
C)  Justice 
D)  All of the above are part of the model

Question 12

The mayor owns property next to one of the proposed sites for the city's new baseball stadium. The mayor has a conflict of interest and should not vote on the location of the stadium when the city council takes action on the site.

Accepted Answer

A) True 
 B)False

Question 13

Which school of ethical thought is found in The Fountainhead and Atlas Shrugged ?

Accepted Answer

A)  Utilitarianism 
B)  Divine Command 
C)  Ethical Egoism 
D)  Categorical Imperative 
A)  Utilitarianism 
B)  Divine Command 
C)  Ethical Egoism 
D)  Categorical Imperative

Question 14

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

Accepted Answer

A) True 
 B)False

Question 15

Normative standards are the same as legal standards.

Accepted Answer

A) True 
 B)False

Question 16

It would not be unethical to continue interviewing for positions after you have already accepted employment with a particular firm.

Accepted Answer

A) True 
 B)False

Question 17

Taking your current employer's supply chain management system to a prospective employer is not a breach of trust.

Accepted Answer

A) True 
 B)False

Question 18

Blue Bell Ice Cream was not aware of any food inspection issues before the Listeria deaths occurred.

Accepted Answer

A) True 
 B)False

Question 19

Under the Blanchard/Peale model, which of the following statements is correct?

Accepted Answer

A)  If it's legal, it's ethical. 
B)  If it's illegal, it's unethical. 
C)  If it's balanced, even if it is illegal, it is ethical. 
D)  None of the above 
A)  If it's legal, it's ethical. 
B)  If it's illegal, it's unethical. 
C)  If it's balanced, even if it is illegal, it is ethical. 
D)  None of the above

Question 20

An ethical breach is not necessarily a violation of the law.

Accepted Answer

A) True 
 B)False

John Stuart Mill wrote The Moral Sentiments of Markets .

When answering the question, "What did you do in the past year that bothers you?", most people respond:

Student loans are generally dischargeable debts in bankruptcy.

A quid pro quo relates to which category of ethical dilemma?

Most ethical lapses are sudden and not foreseen.

Which category of ethical dilemma does line-cutting fall into?

What happened to the Piper High School teacher, Ms. Pelton?

Accepting gifts from suppliers and vendors is not a problem so long as no bid decisions are pending.

A purchasing agent who is an owner of 25% of the shares in a supplier does not have a conflict of interest.

Which of the following is not part of the Wall Street Journal model?

The mayor owns property next to one of the proposed sites for the city's new baseball stadium. The mayor has a conflict of interest and should not vote on the location of the stadium when the city council takes action on the site.

Which school of ethical thought is found in The Fountainhead and Atlas Shrugged ?

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

Normative standards are the same as legal standards.

It would not be unethical to continue interviewing for positions after you have already accepted employment with a particular firm.

Taking your current employer's supply chain management system to a prospective employer is not a breach of trust.

Blue Bell Ice Cream was not aware of any food inspection issues before the Listeria deaths occurred.

Under the Blanchard/Peale model, which of the following statements is correct?

An ethical breach is not necessarily a violation of the law.

Business and Its Ethical Dilemmas

Business, Stakeholders, Social Responsibility, and Sustainability

Ethics and Company Culture

Ethics and Contracts

Ethics in International Business

Ethics, Business Operations, and Rights

Ethics and Products

Ethics and Competition

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

John Stuart Mill wrote The Moral Sentiments of Markets .

When answering the question, "What did you do in the past year that bothers you?", most people respond:

Student loans are generally dischargeable debts in bankruptcy.

A quid pro quo relates to which category of ethical dilemma?

Most ethical lapses are sudden and not foreseen.

Which category of ethical dilemma does line-cutting fall into?

What happened to the Piper High School teacher, Ms. Pelton?

Accepting gifts from suppliers and vendors is not a problem so long as no bid decisions are pending.

A purchasing agent who is an owner of 25% of the shares in a supplier does not have a conflict of interest.

Which of the following is not part of the Wall Street Journal model?

The mayor owns property next to one of the proposed sites for the city's new baseball stadium. The mayor has a conflict of interest and should not vote on the location of the stadium when the city council takes action on the site.

Which school of ethical thought is found in The Fountainhead and Atlas Shrugged ?

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

Normative standards are the same as legal standards.

It would not be unethical to continue interviewing for positions after you have already accepted employment with a particular firm.

Taking your current employer's supply chain management system to a prospective employer is not a breach of trust.

Blue Bell Ice Cream was not aware of any food inspection issues before the Listeria deaths occurred.

Under the Blanchard/Peale model, which of the following statements is correct?

An ethical breach is not necessarily a violation of the law.

Business and Its Ethical Dilemmas

Business, Stakeholders, Social Responsibility, and Sustainability

Ethics and Company Culture

Ethics and Contracts

Ethics in International Business

Ethics, Business Operations, and Rights

Ethics and Products

Ethics and Competition

Filters