Exam 1: Business Ethics: Key Principles, Safeguards, and Challenges

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Which statement represents a challenge to Evan's and Freedman's defense of the stockholder theory against the classical model of corporate social responsibility?

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C

Which statement does not support the claim that an unconditioned ethical directive such as the one the classical model of corporate social responsibility demands of business management is inappropriate for utilitarian theory?

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D

Which of the following reasons might a free market economic theorist use to justify the hostile takeover of a company?

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D

If you face an ethical dilemma, what should your first step be in resolving the issue?

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Identify the statement that is consistent with utilitarian ethical theory:

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According to the private property defense of the classical model of corporate social responsibility, managers who use corporate funds for projects that are not directly devoted to maximizing profits are stealing from their owners. Which statement supports this view?

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Which statement does not challenge the notion of a hypothetical social contract between society and corporations?

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Which of these are safeguards for upholding high ethical standards?

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Which of the following reasons accounts for utilitarianism's dominance among policy makers and administrators?

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In which of these areas might you face pressures?

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Which of the following intellectual disciplines provides absolute proof of its conclusions?

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How does CIMA support its members and students?

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The most influential theory of corporate responsibility of the past century is:

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Which of these are key principles of the code of ethics?

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Which statement correctly reflects the free market view of business social responsibility?

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Which statement is true of Bowie's Kantian approach to business ethics?

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The ethical roots of the classical model of corporate social responsibility are found in which statement:

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Select the reasons, historically speaking, why the modern corporation was established as a legal entity:

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Which statement correctly describes the relationship between philosophical ethics and ethos?

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Which statements are legitimate challenges to utilitarian ethical theory?

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