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More worker are unionized today than during the 1950s.
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Leaded gasoline is banned in the United States.
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The Sarbanes-Oxley Act affected directors of publicly traded companies.
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Kant believes the exchange of our sentiments is the principal factor in social
intercourse.
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Fingerhut typically sells products for less than Wal-Mart.
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The people at the bottom of the pyramid generally live on less than $2 a day.
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Trustworthiness is an attitude.
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The Sarbanes-Oxley Act affects auditors.
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Barter preceded monetary commerce.
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Stakeholders are the same as Stockholders.
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John Locke is a social contract theorist.
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Poverty premium means things may actually cost more in poor areas.
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Arthur Anderson served as Enron's auditors.
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Male bosses tend to encourage participation more than female bosses.
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Distribution is a central concern of business ethics.
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Kant's ethics is a contractarian ethics.
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Industry brings job and pollution.
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The United Nations Universal Declaration of Human Rights is legally binding on all
people.
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Host country and home country often have _____ .
A) no ethical difference
B) no legal differences
C) different laws governing business activities
D) an acknowledgment that "legal" equals "ethical"
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Andrew Carnegie _____ .
A) believed in communism
B) was the first performer at Carnegie Hall
C) was an immigrant
D) believed in indiscriminate charity
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Philosopher John Rawls is famous for his theory of _____ .
A) remunerative justice
B) principled justice
C) institutional justice
D) distributive justice
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Fingerhut was accused of _____ .
A) larceny
B) delivering shoddy merchandise
C) preying on low-income people
D) bait and switch
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Andrew Carnegie was not ____ .
A) the scion of a wealthy family
B) a philanthropist
C) a steel magnate
D) a believer in competition
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R. Edward Freeman is _____ .
A) a Nobel Prize winning environmentalist
B) a Nobel Prize winning economist
C) a Professor of Business Administration
D) a company that makes industrial products
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In integrity strategy, ethics is _____ .
A) a line of business
B) a driving force
C) often overlooked
D) disregarded by company leaders
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Extended trust requires _____ .
A) acknowledged competence
B) consistency of behavior
C) openness
D) all of the above
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Business managers tend to be morally _____ .
A) weak
B) congruent
C) incongruent
D) mute
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The macrosocial contract does not include the idea that _____ .
A) local economic communities may generate ethical norms
B) microsocial contracts must be grounded in consent
C) rules are necessary to resolve conflict
D) lack of profit invalidates the macrosocial contract
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A business need only be concerned about _____.
A) money
B) people
C) the environment
D) there is no settled answer
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NLRB stands for:
A) National Labor Relations Board
B) National Labor Review Board
C) North American Law Review Board
D) National Law Review Board
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Nozick uses the person of Wilt Chamberlain in his example. Wilt Chamberlain was a
famous _____ .
A) basketball player
B) musician
C) actor
D) jockey
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Utilitarian ethics as applied to business _____ .
A) requires business people to be an agent of the creation of happiness in society
B) calls upon business people to be useful members of society
C) demands business people make decisions solely on how much profit they will yield
D) states that business must always act inconsideration of justice and fairness
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Frank believes that the proper resolution of ethical dilemmas in business often involves
_____ .
A) direct compensation
B) antagonizing competitors
C) anonymous punishment
D) higher costs
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Kant believes which of the following is a condition of society?
A) Lies
B) Truth
C) Fellowship
D) Conversation
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Milton Friedman's claim that businesses can have no explicit social responsibilities is
best explained as an example of _____ .
A) deontological reasoning
B) virtue theory ethics
C) consequentialist theory
D) social contracting
Answer:
When did the modern business corporation emerge as one of the most important
innovations in human history?
A) in the 21stCentury
B) in the 20thCentury
C) in the 19thCentury
D) in the 18thCentury
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