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WTO stands for World Trade Organization.
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Lawyers may never report the fraud of their clients.
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Profit does not motivate production.
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Banks in Italy may not claim interest paid on deposits as a tax expense.
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Business ethics, as an area of study, had its birth in industrial Great Britain.
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John C. Coffee, Jr. blames the rise in laborers' compensation for much of the corporate
abuses of the 1990's.
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Lifetime job security is never guaranteed.
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Resistol is marketed as an inhalant.
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Some people believe that tradition is its own warrant.
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Jeremy Bentham is a utilitarian.
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Chad is a rich country.
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The Integrative Social Contracts Theory explains how contracts can be interpreted
across cultural difference and still remain binding.
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It is possible to vacation in Nambu.
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Kant believes equivocation is never justified.
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Stakeholder theory holds that business can be understood as a set of relationships
among groups that have a stake in the activities that make up the business.
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Adam Smith recognized that business depends on exchanges.
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Although there may be less farmland now, existing farmland is more productive than
ever before.
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Nozick believes the minimal state is the least extensive state that can be justified.
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The neem tree is useful only for its seeds.
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Length of human life has dramatically increased since 1700.
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Division of labor plays no role in modern production.
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Many factors work together to produce the customs of a society.
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The Italian tax system operates under the same presumptions as the U.S. tax system.
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Unconscious desires cannot influence a person's actions.
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There is a connection between how firms manage people and profits they achieve.
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Decision is central to the theory of the market process.
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Angola is a wealthy country.
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Enron made a fortune in broadband services.
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According to cultural relativism, no culture's ethics are better than any other's.
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Organizations cannot affect an individual's behavior.
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Roger Crisp believes that persuasive advertising violates the autonomy of consumers.
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John Stuart Mill is a utilitarian.
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Ancient Greeks practiced the same morality as ancient Callatians.
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Fingerhut includes installment payment pricing as a sales option.
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Piece rate payment is attractive especially when individual productivity cannot be
measured.
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There are no fundamental values that cross cultures.
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We can always determine whether actions are right or wrong by measuring them against
the standards of our own society.
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All chemicals legal in one country are legal in every other country.
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Immanuel Kant believed intention was important in ethics.
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Bluffing could be considered to be _____ .
A) a legitimate business activity
B) exaggeration
C) lying
D) all of the above
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"The Market at the bottom of the pyramid" is a phrase that refers to the concept that
_____ .
A) poor people greatly outnumber the rich and buy more overall
B) rich people can spend so much in a single purchase that they are to be courted
C) selling things in the Egyptian desert
D) U.S. Federal Reserve policy
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Typically:
A) Employers and employees are equal to each other.
B) Employees wield power over large employers.
C) Employers are in a position of power relative to prospective employees.
D) Employers wish to fire their employees.
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Karl Marx is considered to be _____ .
A) a capitalist
B) a founding partner of the Marx brothers
C) Russian
D) The father of modern communism
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Products increase in value if they _____ .
A) become more common
B) are manufactured by Celgene
C) come from other continents
D) become unique in some respect
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Immanuel Kant can be classified as a(n) _____.
A) uilitarian
B) social contract theorist
C) aristotelian
D) deontologist
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That contracts are not always followed to the letter seems to violate Kantian principles
because:
A) Kant had extensive personal services contracts himself.
B) Kant believes that people should act only in a way that they are willing to have
followed all the time.
C) Kant was a literalist.
D) Kant held that all human agreements are sacred.
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Nozick posits that justice in holdings does not include which of the following?
A) Original acquisition of holdings
B) Transfer of holdings
C) Secondary or repeated transfer of holdings
D) Permanent equality of assets
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Kant believes which of the following is a guiding principle of society?
A) Lies
B) Truth
C) Fellowship
D) Conversation
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The European Union requires that member states _____ .
A) fairly process personal data
B) outlaw personal databases
C) allow each individual access to all their personal data
D) permanently store all personal data
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John Rawls is most concerned with _____.
A) Justice
B) Deontology
C) Virtue
D) Socioeconomics
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Oil pipelines are _____ .
A) always an environmental disaster
B) result in oversupply of oil
C) used for natural gas along with oil
D) sometimes necessary
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Computers have led to _____ .
A) less data being stored permanently
B) less abuse of private information
C) information gathering on a much greater scale
D) decreased sale of information
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A rise in price generally indicates _____ .
A) scarcity
B) abundance
C) indifference
D) gouging
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Rawls posits four branches of government; which of the following is not one?
A) Communication
B) Allocation
C) Stabilization
D) Distribution
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A "public good" is _____ .
A) permanent
B) a demonstration of private property
C) government property
D) something we all generally benefit from
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Under the Integrative Social Contracts Theory, _____ .
A) economic factors are all that matter
B) contracts for illegal acts are also valid
C) all contracts must respect human individualism
D) repressive labor practices, if agreed to, become valid
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H. B. Fuller is best described as a company _____ .
A) that believed it was an ethical company
B) that was only concerned with making money
C) that made shoes in Central America
D) headquartered in Europe
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Employer monitoring of employee computer use _____ .
A) potentially can be an invasion of privacy
B) is always innocuous
C) is exactly the same as listening to employee phone calls
D) becomes more difficult each year
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Government regulation of free enterprise should not _____ .
A) protect the public interest
B) promote health and safety
C) encourage monopoly pricing
D) keep competition fair
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The Stakeholder Theory holds that:
A) The rights of all who may be affected need to be considered in making business
decisions.
B) Anyone with stake in a corporation's behavior should be rewarded with a
corresponding proportion of ownership.
C) Capitalism has long outlived its usefulness.
D) Virtue theory ethics alone is suitable for the 21stCentury.
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Which of the following is not an actual ethical theory?
A) consequentialism
B) deontology
C) utilitarianism
D) principalism
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Virtue ethics places an emphasis on a person's _____.
A) character
B) position in society
C) results
D) will
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Business is often compared to gaming because _____ .
A) all good business people enjoy poker
B) there are ethics in neither
C) both have an element of chance
D) both have a completely level playing field
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According to Marx, alienated labor does not alienate _____ .
A) nature from man
B) man from himself
C) men from women
D) the worker from the species
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Ivermectin is a drug that can treat _____ .
A) AIDS
B) River blindness
C) Leprosy
D) Typhus
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People naturally tend toward _____ .
A) exchanging things for other things they need
B) hording food
C) being asocial
D) communist societies
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Data mining _____ .
A) always involves credit
B) can lead to potentially illegal activities such as redlining
C) does not correlate raw data
D) is used only by mineral resource companies
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Which pair of philosophers are social contract theorists?
A) John Stuart Mill and John Locke
B) John Locke and John Rawls
C) John Rawls and James Johns
D) John Stuart Mill and John Rawls
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Chad and Cameroon are _____ .
A) fictional countries in our case study
B) Asian nations
C) African nations
D) South American nations
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Division of labor helps _____ .
A) work to become more interesting
B) production increase
C) each person feel a sense of the final product
D) scarcity
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Richard Branson of the Virgin group of companies believes in putting _____ .
A) shareholders first
B) executives first
C) customers first
D) people first
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If patent law did not exist, W.R. Grace likely would have _____ .
A) Provided Neemix free of charge
B) Not spent its money researching neem
C) Bought neem trees for transplant to the U.S.
D) Developed Neemix any way
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