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Monitoring allows the manager to ensure effective, productive performance by
preventing the loss of productivity to inappropriate technology use.
When consumers are injured by a product in which no negligence is involved and no
one is at fault, the legal doctrine of strict product liability holds manufacturers
accountable.
The board can prohibit actions to protect the long-term sustainability of a firm.
Internalizing external costs and assigning property rights to unowned goods are
responses to market failures.
The ultimate goal of biomimicry is to eliminate waste altogether rather than reducing
it.
The goal of competitive sustainability is referred to as one of the three pillars of
sustainability.
Financial analysts rely on gatekeepers but are not gatekeepers themselves.
The Constitution's Fourth Amendment protection against an unreasonable search and
seizure governs only the private sector workplace.
In civil law, there is no room for ambiguity in applying the law because much of the law
is established by past precedent.
A firm that is environmentally unsustainable is also a firm that is, in the long-term,
financially unsustainable.
The market-based approach to resolving environmental challenges denies that
environmental problems are economic problems that deserve economic solutions.
The right to privacy is restricted by a social contract in our culture that prevents us from
infringing on someone else's right to her or his personal autonomy.
While approaching an ethical issue in marketing, the utilitarian tradition would ask to
what degree the participants are respected as free and autonomous agents rather than
treated simply as means to the end of making a sale.
A critical element of comparing and weighing the alternatives is the consideration of
ways to mitigate, minimize, or compensate for any possible harmful consequences.
Externalities show that even if both parties to the exchange receive actual benefits from
the exchange, other parties external to the exchange might be adversely affected.
Stakeholder theory recognizes the fact that every business decision affects a wide
variety of people, benefiting some and imposing costs on others.
According to Donaldson and Dunfee, examples of hypernorms include the right to:
a. a safe workplace.
b. public information.
c. personal freedom.
d. vote.
Identify the practice of promoting a product by misleading consumers about the
environmentally beneficial aspects of the product.
a. Greenwashing
b. Redlining
c. Gentrification
d. Greenskinning
Which of the following refers to the pursuit of truth and the highest standard for what
we should believe?
a. Theoretical reason
b. Critical reason
c. Philanthropic reason
d. Practical reason
Which of the following ethical frameworks directs us to decide based on overall
consequences of our acts?
a. Principle-based ethics
b. Kantian tradition
c. Utilitarianism
d. Virtue ethics
The _____ serves as an articulation of the fundamental principles at the heart of the
organization and should guide all decisions without abridgment.
a. annual report
b. vision statement
c. mission statement
d. income statement
Identify the situation prohibited by The Genetic Information Non-Discrimination Act of
2008 (GINA).
a. An employer releases genetic information about an employee in response to a court
order.
b. An employer releases genetic information about an employee in connection with the
employee's compliance to the certification provisions of the Family and Medical Leave
Act.
c. An employer releases genetic information about an employee to a health researcher.
d. An employer releases genetic information about an employee to the human resource
department differentiate among employees.
The failure of personal ethics among companies like Enron and WorldCom led to the
creation of the:
a. Brooks Act.
b. Gramm-Leach-Bliley Act.
c. Clinger'“Cohen Act.
d. Sarbanes'“Oxley Act.
The three goals of sustainable development that include economic, environmental, and
ethical sustainability are referred to as the:
a. tripartite goals.
b. three pillars of sustainability.
c. three pronged charter.
d. shoulders of sustainability.
The Kantian tradition claims that humans do not act only out of instinct and
conditioning; they make free choices about how they live their lives, about their own
ends. In this sense, humans are said to have a fundamental human right of:
a. dignity.
b. rationality.
c. autonomy.
d. dependency.
Greater consumption is likely to lead to unhappiness, a condition termed _____.
a. affluenza
b. caveat emptor
c. influenza
d. insomnia
Theoretical reasoning is reasoning about:
a. what we actually do.
b. what we should do.
c. what we should believe.
d. what we should implement.
A _____exists where a person holds a position of trust that requires that he exercise
judgment on behalf of others, but where his personal interests conflict with those of
others.
a. duty of care
b. community of interest
c. conflict of interest
d. duty of loyalty
Which of the following is true of a market version of utilitarianism?
a. Questions of safety and risk are determined by experts.
b. Social science determines policies to maximize the overall good.
c. Individuals calculate for themselves what risks they wish to take.
d. A government regulator determines the safety standards in the marketplace.
The life of one who dies in a workplace accident has _____ value that can be measured,
in part, by the lost wages that would have been earned had that person lived.
a. absolute
b. instrumental
c. intrinsic
d. extrinsic
In the ethical decision-making process, once we have examined the facts, identified the
ethical issues involved, and identified the stakeholders, we need to next _____.
a. make the decision
b. consider the available alternatives
c. consider how a decision affects stakeholders
d. identify stakeholders
Which of the following do advertising and other marketing practices violate by creating
consumer wants?
a. Right to free speech
b. Consumer autonomy
c. Right to privacy
d. Consumer demand
Economist John Kenneth Galbraith claimed that advertising and marketing were
creating the very consumer demand that production then aimed to satisfy. Dubbed the
'_____,' this assertion held that consumer demand relied on what producers had to sell.
Describe the challenges associated with the regulatory approach to environmental
concerns.
The inability to recognize ethical issues while dealing with the financial aspect of
business decisions is called _____.
Correlate health and safety issues at workplace with ideals.
The advent of new _____ challenges privacy in ways that people could never before
imagine.
