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"Time-price" is an exception to usury laws.
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The "Separation Fallacy" holds that those who separate business decisions from ethics
are wrong to do so.
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Distribution is an enumerated principle of justice for Rawls.
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Immanuel Kant is a social contract theorist.
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Arthur Anderson always used the highest objective accounting standards with respect to
Enron.
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Neemix has never been patented.
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Sweatshops generally have long hours and low pay.
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Beech-Nut made a good business decision by passing off cheaper counterfeit liquid as
apple juice.
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The natural compound in neem is patented.
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"Privity of contract" remains the only recognized relationship that an individual can
have with a business.
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There is no action that is wrong in every system of background institutions.
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Thomas Jefferson believed in natural rights.
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The most people live "at the middle of the pyramid."
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Customs regarding gifts to government officials are the same worldwide.
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Rawls begins his theory with a natural-rights position.
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For Nozick, justice cannot allow the free transfer of holdings.
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Rawls assumes that a just society is likely to be a constitutional democracy.
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John Dewey is a classicalist philosopher.
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Karl Marx believed that modern production causes the alienation of labor.
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Modern business is no more complex than in the past.
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Current female executives usually strictly adhere to the so-called "rules of conduct" that
spelled success for men.
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Enron owned natural gas pipelines.
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Russians tend to distinguish "business" from the running of factories and other large
enterprises.
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Dewey's thought is consistent with the idea that stakeholder analysis is faulty.
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White privilege allows white people to worry about racism (if they are so inclined)
without being seen as self-interested.
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Bankruptcy can lead to the voiding of union contacts.
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Wal-Mart workers usually live in cheap motels.
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Soliciting input from other people suggests a flow of information from employees to the
"boss."
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"To sustain" and "to restore" mean the same thing.
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Kantian moral theory, when applied to business, requires worker participation.
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One of the by-products of sharing information and encouraging participation is that
employees feel important.
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Nozick believes that whether a distribution is just depends upon how it came about.
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All aggressive companies must eventually restate earnings.
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Which is not a principle of creating the capacity to consume?
A) Abundance
B) Affordability
C) Access
D) Availability
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Enron was _____ .
A) a company with no assets
B) a limited liability partnership
C) a company with no international assets
D) the biggest bankruptcy in U.S. history
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Aristotle _____ .
A) understood everything except tax policy
B) is considered to have a virtue-driven ethical theory
C) believed that everyone should engage in private business
D) favored utility as the primary ethical principle
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Moral talk by managers is seen as:
A) a threat to the image of effectiveness
B) helpful to efficiency
C) both of the above
D) none of the above
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In the early 1990's, employees of Sears Auto Centers _____ .
A) were not properly trained in the repair of autos
B) acted as independent contractors
C) faced pressures to produce higher sales
D) helped restore the company's image
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"Right and wrong are only matters of cultural opinion," is perhaps the strongest
statement of the theory known as _____ .
A) ethical extremism
B) moral abhorrence
C) moral absolutism
D) cultural relativism
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By December 2001, Enron was _____ .
A) a well-run multinational corporation
B) an innovative success story
C) an example of corporate leadership
D) a "Ponzi" scheme
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Alternatives to traditional credit do not include _____ .
A) secured Mastercards
B) a loan from your bank
C) pawnshops
D) rent-to-own plans
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Consequentialism is a type of philosophical theory that _____ .
A) is concerned with sequences
B) is concerned with duty
C) is concerned with the results of actions
D) is considered to be out of date
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The Privacy Act of 1974 _____ .
A) allows individuals to delete their governmental records
B) hampered the enforcement of some other laws
C) transferred individual privacy rights to the Government
D) restricted governmental data matching
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Kant believes which pair follows one another? A) conversation, fellowship
B) truth, wealth
C) value, providence
D) reserve, loquaciousness
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Some societies allow infanticide. This is an example of _____ .
A) culture relativism
B) stupidity
C) lawlessness
D) abortion
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The World Bank _____ .
A) was founded to help traditionally poor nations
B) has never been the subject of scandal
C) was founded to rebuild Europe after war
D) lends money to every country in the world
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Bureaucratic ethics is based on _____ .
A) too many people making decisions
B) the Protestant Ethic
C) managers' rules for success
D) individual affluence
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Which is not a characteristic of trust?
A) An attitude
B) Commonality of aims
C) Equality
D) Judgment
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Which of the following is a criticism of utilitarianism?
A) It does not account for justice.
B) It is based on utility.
C) It is deontological.
D) It deals with social contracts.
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Which is not generally a characteristic of a sweatshop?
A) Overtime pay
B) Piecework schedules
C) Crowded workspace
D) Low wages
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Crisp believes that advertising has the potential to _____ .
A) create desire
B) solve dilemmas
C) control society
D) cause violence
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Interactive leadership does not include _____ .
A) encouraging participation
B) sharing information
C) letting subordinates make all decisions
D) enhancing the self-worth of others
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Eskimo cultural values reflect _____ .
A) the strong western intrusions upon their culture
B) their harsh living conditions
C) the ease of living off the land
D) common values with all Asian societies
Answer:
An example of a bottom of the market product is:
A) Bulk toilet paper at a warehouse club
B) One liter bottle of generic hand soap
C) A food stamp
D) Single use packet of Pantene shampoo
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Dewey's theory of decision making is infinitely adaptable because it is _____ .
A) rehearsed
B) factual
C) contextual
D) abstract
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White privilege is _____ .
A) a myth
B) always noticed
C) generally reflected in American society
D) well understood by all white people
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According to Judy B. Rosener, women and men executives are vastly dissimilar in
_____ .
A) earnings
B) frequency of work-family conflict
C) leadership style
D) all of the above
Answer:
Agricultural labor force corresponds to standard of living:
A) Not at all
B) Exactly
C) Directly
D) Inversely
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Striking a subordinate merely to get him or her to comply with company policy _____ .
A) may be proper depending on the country you are in
B) is proper if it is a woman doing the hitting
C) is proper if it is a man being struck
D) should never be tolerated
Answer:
Milton Friedman believed that each business's responsibility was to increase _____ .
A) money supply
B) product distribution
C) its profits
D) customer outreach
Answer:
The two types of Utilitarianism are _____ .
A) consequence and rule
B) consequence and end
C) end and good
D) act and rule
Answer:
Immiseration implies _____ .
A) impoverishment of workers
B) good wages for all
C) work in exchange for a just wage
D) third world hiring practices
Answer:
Roger Crisp believes that advertising is morally wrong if _____ .
A) it is shown on TV when children are watching
B) it concerns potentially lifesaving therapies
C) it provides vital product information
D) it overrides the autonomy of consumers
Answer:
