Question 1

Primum non nocere is associated as an ethical philosophy of:

Accepted Answer

A)  Plato. 
B)  Aristotle. 
C)  Peter Drucker. 
D)  Laura Nash. 
A)  Plato. 
B)  Aristotle. 
C)  Peter Drucker. 
D)  Laura Nash.

Question 2

The failure to understand that we all hit a wall once in awhile causes us to make poor ethical choices.

Accepted Answer

A) True 
 B)False

Question 3

What were the NCAA sanctions originally imposed on Penn State?

Accepted Answer

A)  The so-called death penalty plus a fine 
B)  There were no sanctions except a fine 
C)  A suspension of the football program 
D)  Penn State was stripped of all of Paterno's 112 wins 
A)  The so-called death penalty plus a fine 
B)  There were no sanctions except a fine 
C)  A suspension of the football program 
D)  Penn State was stripped of all of Paterno's 112 wins

Question 4

Companies are more likely to have ethical lapses when they are performing well in their earnings.

Accepted Answer

A) True 
 B)False

Question 5

BP was delaying repairs as a way of cutting expenses prior to the Deepwater Horizon spill.

Accepted Answer

A) True 
 B)False

Question 6

Marie has a team of two women come to clean her home and work space, located adjacent to her home. The team, Clean Spot, comes in every week at 9:30 AM on Thursday. Marie is going on vacation for two weeks and tells the Clean Spot ladies that she will not need them for two weeks. Clean Spot has reserved Marie's time and is unable to make up the lost income. Marie's husband tells Marie, "Look they pledge that time to us, and they can't substitute very easily. You should pay them - like a vacation time." Marie says, "I don't have a contract with them. It is just a cleaning service. There is no guarantee of income. I could also let them go anytime for someone else." Marie's husband says, "But then they could take on a new client." Marie says, "I have no legal obligation to pay them." Which of the following is correct?

Accepted Answer

A)  Marie follows Peter Drucker's theory of do no harm. 
B)  Marie follows Albert Carr's view of ethics. 
C)  Marie follows the P= ƒ(x) theory of ethics. 
D)  None of the above 
A)  Marie follows Peter Drucker's theory of do no harm. 
B)  Marie follows Albert Carr's view of ethics. 
C)  Marie follows the P= ƒ(x) theory of ethics. 
D)  None of the above

Question 7

Albert Carr likens business to a poker game.

Accepted Answer

A) True 
 B)False

Question 8

What accident at BP was a precursor to the Deepwater Horizon explosion?

Accepted Answer

A)  The Texas City refinery 
B)  Prudhoe Bay pipeline 
C)  The Atlantis rig 
D)  There were no other deepwater wells that BP had that gave it experience and insight 
A)  The Texas City refinery 
B)  Prudhoe Bay pipeline 
C)  The Atlantis rig 
D)  There were no other deepwater wells that BP had that gave it experience and insight

Question 9

Smart-pigging is used to detect weakness in deepwater oil wells.

Accepted Answer

A) True 
 B)False

Question 10

BP traders squeezed the pipeline to affect oil prices.

Accepted Answer

A) True 
 B)False

Question 11

What industry practice had BP failed to follow for its Prudhoe Bay pipeline maintenance?

Accepted Answer

A)  Smart-pigging 
B)  Pipe flow tests 
C)  Pipe inspections 
D)  BP did all of the above 
A)  Smart-pigging 
B)  Pipe flow tests 
C)  Pipe inspections 
D)  BP did all of the above

Question 12

James Comey, the former director of the Federal Bureau of Investigation (FBI) was fired by President Donald Trump. Following his termination, Mr. Comey gave a memo he had written about his interactions with Mr. Trump to Professor Daniel Richman. Mr. Comey told Professor Richman, "Make sure this gets out there." Professor Richman then shared the content of the memo to the New York Times. Mr. Comey's memo was written on a FBI computer and in FBI offices and facilities. Under the United States Code, 18 U.S.C. § 641 Federal Records Act, federal employees who end their employment are not permitted to take federal property with them, including files, memos, records (electronic and otherwise). After the leak, Mr. Comey testified at a Senate hearing about his meetings with Mr. Trump, his termination, and why he leaked the memo to his friend. He explained, " I didn't do it myself for a variety of reasons, but I asked him to, because I thought that might prompt the appointment of a special counsel." Apply the either/or conundrum in analyzing Mr. Comey's decision to leak the memo in violation of the law.

Accepted Answer

Mr. Comey framed the issue as he had to

Question 13

Albert Carr subscribes to the Golden Rule as an ethical standard.

Accepted Answer

A) True 
 B)False

Question 14

Penn State officials did not comply with the reporting requirements regarding Mr. Sandusky's conduct.

Accepted Answer

A) True 
 B)False

Question 15

Allison Bond is dating Greg Evans. Both Allison and Greg work for the same federal contractor. They live on different sides of the closest city and commute separately to work. Employees are required to have parking decals issued to them for parking in the company lot. The decals are issued to individual employees and matched to their vehicles because of security reasons. The top secret work of the contractor requires that security be able to identify cars in the lot as associated with employees. Greg has a decal and Allison does not because there is a $100 annual fee for processing employees' decals. Employees are given the option of parking at an open lot 2 miles from the company and taking a free bus ride to the company building. Greg has been assigned to work out of the country for the company for three months. Greg tells Allison to just use his decal for three months. Allison's car is similar to Greg's. Allison has begun using Greg's decal to park in the company lot to avoid the 2-mile bus ride. Which of the following statements is correct?

Accepted Answer

A)  Because Allison's car is similar to Greg's a security issue will not result, so there is no ethical issue in her use of the decal. 
B)  Because Allison works at the company, her use of another employee's decal is not an ethical issue. 
C)  Because Allison's use is only temporary, there is no ethical issue. 
D)  None of the above 
A)  Because Allison's car is similar to Greg's a security issue will not result, so there is no ethical issue in her use of the decal. 
B)  Because Allison works at the company, her use of another employee's decal is not an ethical issue. 
C)  Because Allison's use is only temporary, there is no ethical issue. 
D)  None of the above

Question 16

If information posted on Yelp harms a business:

Accepted Answer

A)  Yelp is required to removed the information. 
B)  Yelp is liable for the damage to the business. 
C)  Yelp is not responsible if the information is an opinion. 
D)  Yelp must arbitrate the content between the posting party and Yelp . 
A)  Yelp is required to removed the information. 
B)  Yelp is liable for the damage to the business. 
C)  Yelp is not responsible if the information is an opinion. 
D)  Yelp must arbitrate the content between the posting party and Yelp .

Question 17

Goldman withheld information from investors about auction rates.

Accepted Answer

A) True 
 B)False

Question 18

Valeant specialized in one-of-a-kind drugs.

Accepted Answer

A) True 
 B)False

Question 19

Ikea fell into the either/or conundrum in solving its problems in dealing with Russian authorities.

Accepted Answer

A) True 
 B)False

Question 20

BP did not use a riskier design than the industry generally used on its Deepwater Horizon rig.

Accepted Answer

A) True 
 B)False

Primum non nocere is associated as an ethical philosophy of:

The failure to understand that we all hit a wall once in awhile causes us to make poor ethical choices.

What were the NCAA sanctions originally imposed on Penn State?

Companies are more likely to have ethical lapses when they are performing well in their earnings.

BP was delaying repairs as a way of cutting expenses prior to the Deepwater Horizon spill.

Albert Carr likens business to a poker game.

What accident at BP was a precursor to the Deepwater Horizon explosion?

Smart-pigging is used to detect weakness in deepwater oil wells.

BP traders squeezed the pipeline to affect oil prices.

What industry practice had BP failed to follow for its Prudhoe Bay pipeline maintenance?

Albert Carr subscribes to the Golden Rule as an ethical standard.

Penn State officials did not comply with the reporting requirements regarding Mr. Sandusky's conduct.

If information posted on Yelp harms a business:

Goldman withheld information from investors about auction rates.

Valeant specialized in one-of-a-kind drugs.

Ikea fell into the either/or conundrum in solving its problems in dealing with Russian authorities.

BP did not use a riskier design than the industry generally used on its Deepwater Horizon rig.

Ethical Theory, Philosophical Foundations, Our Reasoning Flaws, and Types of 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 2: Business and Its Ethical Dilemmas

Primum non nocere is associated as an ethical philosophy of:

The failure to understand that we all hit a wall once in awhile causes us to make poor ethical choices.

What were the NCAA sanctions originally imposed on Penn State?

Companies are more likely to have ethical lapses when they are performing well in their earnings.

BP was delaying repairs as a way of cutting expenses prior to the Deepwater Horizon spill.

Albert Carr likens business to a poker game.

What accident at BP was a precursor to the Deepwater Horizon explosion?

Smart-pigging is used to detect weakness in deepwater oil wells.

BP traders squeezed the pipeline to affect oil prices.

What industry practice had BP failed to follow for its Prudhoe Bay pipeline maintenance?

Albert Carr subscribes to the Golden Rule as an ethical standard.

Penn State officials did not comply with the reporting requirements regarding Mr. Sandusky's conduct.

If information posted on Yelp harms a business:

Goldman withheld information from investors about auction rates.

Valeant specialized in one-of-a-kind drugs.

Ikea fell into the either/or conundrum in solving its problems in dealing with Russian authorities.

BP did not use a riskier design than the industry generally used on its Deepwater Horizon rig.

Ethical Theory, Philosophical Foundations, Our Reasoning Flaws, and Types of 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