Multiple Choice
Scenario B. Use the information given below to answer the following three questions:
A sales manager is facing an ethical situation wherein his toy company sold a scooter with a defective component. If he informs the customer and issues a recall, it would cost him a substantial amount of money. If the toy malfunctions, it could cause serious injury to the child playing with it. His colleagues have suggested three options:
Option 1: Keeping quiet about the defect
Option 2: Reviewing company policy, toy industry practices, and advice from colleagues
Option 3: Disclosing the defect and suggesting alternatives to eliminate the risk of injury
AACSB: Reflective Thinking
Blooms: Apply
Topic: Five Perspectives Shape Your Ethics
-Which ethical approach is illustrated by option 3?
A) Egoism
B) Utilitarianism
C) Relativism
D) Virtue ethics
E) Universalism
Correct Answer:

Verified
Correct Answer:
Verified
Q10: According to utilitarianism, all people should uphold
Q11: Relativism defines ethical behavior based on the
Q12: Which of the following goals of a
Q13: According to Professor Edward Freeman, which of
Q14: Susan, an employee in a company, is
Q18: Ecocentric management centers around practices that maximize
Q19: In the context of ethical systems, which
Q20: Scenario A. Use the information given below
Q30: _ refers to the principles, rules, and
Q87: Milton Friedman contended that a business cannot