Which of the following is true about preferential hiring?
A. Preferential hiring is not mandatory in any given case, although overall, a firm must
make adequate progress toward achieving affirmative-action goals
B. Qualified women and minority members cannot be given preference on the basis of
sex or race.
C. Affirmative action justifies hiring unqualified women or minority members in
preference to men.
D. Balanced hiring requires that firms must employ quotas to meet affirmative-action
goals.
Answer:
Which of the following is a utilitarian argument against discrimination?
A. People are treated as members of class with a certain characteristic, not as persons.
They are not ends in themselves, but because of that characteristic, they are denied
equal treatment and respect.
B. Since the least advantaged in a society would be better off in a nondiscriminatory
society than in one that discriminates, the rational person would see that
nondiscrimination is morally preferable.
C. The dominant class has a desire to maintain its superiority and its class prerogatives.
D. Systematic discrimination produces a class of people who are arguably treated
unjustly. Other groups in the society will also have cause to worry about whether they
will be the next group to be discriminated against. On the whole, more harm than good
is done.
Answer:
Which of the following is NOT a step to be taken in a utilitarian analysis?
A. Identify all those who are directly and indirectly affected by the action.
B. Specify only the good consequences of the action for those directly affected.
C. Carry out a similar analysis, if necessary, for those indirectly affected, as well as for
society as a whole.
D. Consider, imaginatively, whether there are various alternatives other than simply
doing or not doing the action, and carry out a similar analysis for each of the other
alternative actions.
Answer:
Which of the following describes the relationship between managers and shareholders?
A. Individual shareholders exercise considerable control over managers.
B. Individual shareholders have little, if any, control over managers.
C. Individual shareholders have control over all of management functions.
D. Individual shareholders and managers are equally responsible for the actions of the
other.
Answer:
Which of the following categories would cultivated fruits and vegetables, and
domesticated animals fall under?
A. Developed resources
B. Natural resources
C. Manufactured goods
D. Non-manufactured goods
Answer:
Which of the following is not meant by being “morally responsible” for an action?
A. I did not perform the action.
B. I performed the action.
C. I performed the action knowingly.
D. I performed the action willingly.
Answer:
Which of the following conditions is necessary for whistle-blowing to be morally
permissible, but not morally obligatory?
A. The employee has reported the serious threat to his/her immediate supervisor.
B. The whistle-blower has documented evidence that would convince a reasonable,
impartial observer that one’s view of the situation is correct, and that the company’s
product poses a serious danger to the public.
C. The employee has good reason to believe that by going public, the necessary changes
will be brought about.
D. The whistle-blower has reason to believe that he/she will be seen as failing to be
loyal to the company.
Answer:
Which of the following should be considered when deciding whether or not to blow the
whistle?
A. How will this look on the employee’s resume?
B. Is there the possibility of promotion?
C. Is the employee making the report based on a hunch or guess?
D. Has the employee reported the matter to his/her immediate supervisor?
Answer:
Socialism is commonly, and erroneously, often confused with which of the following?
A. capitalism
B. communism
C. feudalism
D. None of these
Answer:
Which of the following components has been the one long ignored in the understanding
of the forces shaping American business?
A. Big Business
B. The Market
C. The Consumer
D. Big Labor
Answer:
In 2004, the United States had approximately 5 percent of the world’s population, but
used approximately how much of the world’s refined oil?
A. 10%
B. 25%
C. 40%
D. 50%
Answer:
Which of the following was a common objection to utilitarianism during John Stuart
Mill’s era?
A. Utilitarianism proposes to use the Koran, rather than the Bible, as the basis for good.
B. Utilitarianism argues that utility commands what God would command.
C. Utilitarianism argues that the commands of God are wholly irrelevant.
D. Utilitarianism proposes utility as the basis for good rather than God or the Bible.
Answer:
Which of the following was a result of the Enron failure?
A. The Rescue Bill
B. The Employee Compensation Act
C. The Sarbanes-Oxley Act
D. The Corporate Democracy Act
Answer:
For the EU and the WTO, a business is considered “medium-sized” if it has how many
employees?
A. 100 or fewer
B. 250 or fewer
C. 50 or fewer
D. 250-301
Answer:
Which of the following is true about the rights and obligations of employers in the
employment-at-will doctrine?
A. Employers are free to hire whomever they choose but must give just cause for firing
them.
B. Employers must hire the best qualified person for the job and must give just cause
for firing them.
C. Employers are free to hire whomever they choose and to fire them whenever they
choose.
D. Employers must fire the best qualified person for the job but can fire them whenever
they choose.
Answer:
What type of mortgage involves an interest rate that rises to a specified amount after an
initial period of (usually) three to seven years?
A. simple interest mortgages
B. fixed rate mortgages
C. compound interest mortgages
D. adjustable rate mortgages
Answer:
Which of the following is a good definition of the virtues?
A. The virtues are characterized by the habit of going along with the majority.
B. The virtues are skills of discerning the rules and obeying them.
C. The virtues are characterized by emphasizing the ends over the means.
D. The virtues are skills of excellence in the art of living in society with others.
Answer:
A Kantian ethical approach applies to which sort of general ethical approach?
A. deontological
B. special
C. teleological
D. theological
Answer:
Accessing pornographic sites while at work can constitute sexual harassment for which
of the following reasons?
A. It can be offensive to coworkers.
B. It can take too much time away from work activities.
C. It can produce a sexually hostile environment.
D. It can suggest a quid pro quo to coworkers.
Answer:
According to the U.S. Small Business Administration, in 2002, small businesses
represented approximately what percent of all employers?
A. Over 99%
B. 75%
C. 50%
D. Less than 25%
Answer:
Which of the following is the argument offered against direct marketing in the form of
junk mail?
A. It is a waste and misuse of paper, adding to the depletion of forests and overtaxing
landfills.
B. It is an invasion of privacy.
C. It is time consuming and intrusive.
D. It is a significant inconvenience because of the considerable volume.
Answer:
According to Kant, the first form of the Categorical Imperative is which of the
following?
A. Act so that you treat humanity, whether in your own person or in that of another,
always as an end and never as a means only.
B. Act only in that way that you would want another to act toward you.
C. Act only according to that maxim by which you can at the same time will that it
should become a universal law
D. Act only so that the will through its maxims could regard itself at the same time as
universally lawgiving.
Answer:
Which of the following economic systems did not exist prior to the industrial
revolution?
A. feudalism
B. totalitarianism
C. capitalism
D. democracy
Answer:
Which of the models of capitalism comes closest to socialism?
A. Government only preserves the peace and adjudicates disputes among those engaged
in business.
B. Government is the protector of capitalists at the expense of the other members of
society.
C. Government should help business by imposing quotas, import taxes, and other means
to make foreign interests less competitive.
D. Governments should take over and run those industries that private enterprises
cannot handle successfully.
Answer:
Which of the following is an example of intangible property?
A. Land, buildings, and additions on the land.
B. Money, stocks, bonds, financial securities.
C. Expressions of ideas, inventions, discoveries.
D. Some physical item that we can touch, though not usually land and buildings.
Answer:
Which of the following is a problem with considering pharmaceuticals to be analogous
to machines and software, with respect to patents?
A. Pharmaceuticals tend to require much greater costs to develop than machines and
software.
B. Pharmaceuticals are easy to produce, once the drug is developed.
C. Pharmaceuticals can be expensive to produce.
D. Pharmaceuticals are fairly easy to reproduce.
Answer:
Which of the following can be derived from the right to work?
A. The right to be free of sexual harassment
B. The employment-at-will principle
C. The right to employment
D. The right to self-determine
Answer:
Which of the following is the popular name of the Federal National Mortgage
Association?
A. Fannie Mae
B. Freddie Mac
C. Freddie Mae
D. Fannie Mack
Answer:
Which of the following is the argument offered against direct marketing in the form of
direct phone solicitation?
A. It is a waste and misuse of paper, adding to the depletion of forests and overtaxing
landfills.
B. It is an invasion of privacy.
C. It is time consuming and intrusive.
D. It is a significant inconvenience because of the considerable volume.
Answer:
What is the name given to philosophers who construct their ethical approaches with
mixed approaches?
A. ethical pluralists.
B. utilitarians
C. ethical monists.
D. deontologists
Answer:
Which of the following was the utilitarian who argued that utilitarianism isn’t subject to
most of the cultural criticism it received.
A. Jeremy Bentham
B. John Stuart Mill
C. Immanuel Kant
D. John Rawls
Answer:
Which of the following aspects of the quality of work life has to do with the amount of
pay received, the number of days of vacation and sick leave provided, and the level of
seniority accruing to length of service?
A. Organization of the Work Performed
B. Relations of the Workers among Themselves
C. The Attitude of the Worker toward Work
D. Conditions of Labor
Answer:
Which of the following is a statement of reciprocity?
A. A transaction is just if there is a general feeling that it is just.
B. A transaction is just if all those importantly affected by it freely agree to it as just.
C. A transaction is just if the majority of people are treated fairly, as long as no direct
harm is done to others.
D. A transaction is just as long as due process of law within the host country is
observed.
Answer: