Question 1

The process of analyzing all inputs and outputs, through the entire "cradle-to-grave" life of a product, to determine the total environmental impact of its production and use is known as:

Accepted Answer

A)   life-cycle analysis.
B)   cost-benefit analysis.
C)   ecocentric management.
D)   compliance building.
E)   ergonomic development.F) A) and D)
G) A) and B)

Question 2

Life-cycle analysis (LCA) quantifies the total use of resources and the releases into the air, water and land.

Accepted Answer

A) True 
 B)False

Question 3

Linda usually makes decisions on the basis of what her friends would expect her to do. Which ethical system is she making use of?

Accepted Answer

A)   Egoism
B)   Utilitarianism
C)   Relativism
D)   Universalism
E)   Virtue ethicsF) A) and B)
G) None of the above

Question 4

A fast food chain changed the packaging of its sandwiches so that less waste was produced. In addition, they used recycled paper to bag their products. The company stated that they made these changes in order to make the earth a "nicer place to eat." From this information, we can conclude that the fast food company believes in:

Accepted Answer

A)   mutuality.
B)   empathy.
C)   maximizing customer actualization.
D)   corporate social responsibility.
E)   wealth enhancement.F) B) and E)
G) A) and E)

Question 5

A manager of a company is facing an ethical problem. He uses the formal process for ethical decision making to resolve the problem. Which of the following steps will he begin with?

Accepted Answer

A)   Defining the complete moral problem
B)   Determining the legal requirements
C)   Understanding all the moral standards and recognizing all moral impacts
D)   Proposing a convincing moral solution
E)   Evaluating the success of the solutionF) A) and D)
G) A) and B)

Question 6

Explain the thought experiment created by John Rawls based on the "veil of ignorance", using an example to show how a decision maker can tactically apply this concept to minimize personal bias.

Accepted Answer

The answer of Explain the thought experiment created by John...

Question 7

Unlike utilitarianism, egoism directly seeks the greatest good for the greatest number of people.

Accepted Answer

A) True 
 B)False

Question 8

Scenario A. Use the information given below to answer the following three questions:
An energy drink corporation faces an ethical question. There has been a problem with the accounting process that has resulted in higher profits being reported than what was actually earned. A meeting is held where senior management decides how to handle the situation. The people at the table have varying views of the appropriate action to be taken. Sarah wants to report the error because she is worried about her job should the information about a cover-up be leaked. Ben wants to report the error because it is the honest thing to do, and he feels that is fundamental to business and society. After hearing the opinion of his colleagues, Ray says he wants to report the error as well because he prefers to agree with the consensus.
-Which ethical system does Ben use to make his decision?

Accepted Answer

A)   Universalism
B)   Egoism
C)   Utilitarianism
D)   Relativism
E)   ConventionalismF) A) and B)
G) A) and C)

Question 9

Which of the following is true of compliance-based corporate ethics programs?

Accepted Answer

A)   They are designed to instill in people a personal responsibility for ethical behavior.
B)   They increase surveillance and controls on people and impose punishments on wrongdoers.
C)   They go beyond the mere avoidance of illegality.
D)   They help companies and people govern themselves through a set of guiding principles that they embrace.
E)   They are not concerned with legal repercussions of unethical behavior.F) A) and B)
G) A) and C)

Question 10

Patricia, a manager, is considering laying off several employees in her division. She has realized that such a decision has several ramifications for her employees as well as her shareholders. In the context of making ethical decision, this stage is known as:

Accepted Answer

A)   moral certainty.
B)   moral ability.
C)   moral awareness.
D)   moral judgment.
E)   moral characterization.F) B) and D)
G) A) and D)

Question 11

In the context of corporate social responsibility, supporting community projects and making charitable contributions are examples of _____.

Accepted Answer

A)   economic responsibility
B)   legal responsibility
C)   ethical responsibility
D)   philanthropic responsibility
E)   political responsibilityF) B) and C)
G) B) and E)

Question 12

In the context of making ethical decisions, knowing what actions are morally defensible is referred to as:

Accepted Answer

A)   moral awareness.
B)   moral judgment.
C)   moral character.
D)   moral certainty.
E)   moral ability.F) B) and E)
G) A) and B)

Question 13

_____ has as its goal the creation of sustainable economic development and improvement of quality of life worldwide for all organizational stakeholders.

Accepted Answer

A)   Compliance building
B)   Stonewalling
C)   Ecocentric management
D)   Life-cycle analysis
E)   EgoismF) A) and D)
G) B) and E)

Exam 4: Ethics and Corporate Responsibility

_____ has as its goal the creation of sustainable economic development and improvement of quality of life worldwide for all organizational stakeholders.

Correct Answer
verified

Explain the thought experiment created by John Rawls based on the "veil of ignorance", using an example to show how a decision maker can tactically apply this concept to minimize personal bias.

Correct Answer
verified

In the context of making ethical decisions, knowing what actions are morally defensible is referred to as:

Correct Answer
verified

Patricia, a manager, is considering laying off several employees in her division. She has realized that such a decision has several ramifications for her employees as well as her shareholders. In the context of making ethical decision, this stage is known as:

Correct Answer
verified

Correct Answer
verified

Linda usually makes decisions on the basis of what her friends would expect her to do. Which ethical system is she making use of?

Correct Answer
verified

The process of analyzing all inputs and outputs, through the entire "cradle-to-grave" life of a product, to determine the total environmental impact of its production and use is known as:

Correct Answer
verified

Life-cycle analysis (LCA) quantifies the total use of resources and the releases into the air, water and land.

Correct Answer
verified

In the context of corporate social responsibility, supporting community projects and making charitable contributions are examples of _____.

Correct Answer
verified

Unlike utilitarianism, egoism directly seeks the greatest good for the greatest number of people.

Correct Answer
verified

A manager of a company is facing an ethical problem. He uses the formal process for ethical decision making to resolve the problem. Which of the following steps will he begin with?

Correct Answer
verified

Which of the following is true of compliance-based corporate ethics programs?

Correct Answer
verified

Correct Answer
verified

Exam 4: Ethics and Corporate Responsibility

_____ has as its goal the creation of sustainable economic development and improvement of quality of life worldwide for all organizational stakeholders.

Correct AnswerverifiedShow Answer

Explain the thought experiment created by John Rawls based on the "veil of ignorance", using an example to show how a decision maker can tactically apply this concept to minimize personal bias.

Correct AnswerverifiedShow Answer

In the context of making ethical decisions, knowing what actions are morally defensible is referred to as:

Correct AnswerverifiedShow Answer

Patricia, a manager, is considering laying off several employees in her division. She has realized that such a decision has several ramifications for her employees as well as her shareholders. In the context of making ethical decision, this stage is known as:

Correct AnswerverifiedShow Answer

Correct AnswerverifiedShow Answer

Linda usually makes decisions on the basis of what her friends would expect her to do. Which ethical system is she making use of?

Correct AnswerverifiedShow Answer

The process of analyzing all inputs and outputs, through the entire "cradle-to-grave" life of a product, to determine the total environmental impact of its production and use is known as:

Correct AnswerverifiedShow Answer

Life-cycle analysis (LCA) quantifies the total use of resources and the releases into the air, water and land.

Correct AnswerverifiedShow Answer

In the context of corporate social responsibility, supporting community projects and making charitable contributions are examples of _____.

Correct AnswerverifiedShow Answer

Unlike utilitarianism, egoism directly seeks the greatest good for the greatest number of people.

Correct AnswerverifiedShow Answer

A manager of a company is facing an ethical problem. He uses the formal process for ethical decision making to resolve the problem. Which of the following steps will he begin with?

Correct AnswerverifiedShow Answer

Which of the following is true of compliance-based corporate ethics programs?

Correct AnswerverifiedShow Answer

Correct AnswerverifiedShow Answer

Correct Answer
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Correct Answer
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