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True/False Quiz for Chapter 2:
Indicate whether each of the following statements is True or False.
1) 1) The Italian tax system operates under the same presumptions as the U.S. tax
system.
2) Banks in Italy may not claim interest paid on deposits as a tax expense.
3) Immanuel Kant believed intention was important in ethics.
4) Kant’s ethics is a contractarian ethics.
5) Kantian moral theory, when applied to business, requires worker participation.
6) Aristotle is the philosopher who is best known for emphasizing the cultivation of ethics.
7) Judgment is one of the components of virtue ethics in business.
8) Utilitarians only offer business the cost benefit analysis.
9) John Dewey is a classicalist philosopher.
10) Dewey’s thought is consistent with the idea that stakeholder analysis is faulty.
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Multiple Choice Quiz for Chapter 3
1) Worldcom grew mostly through __________.
A) price increases
B) acquisitions
C) layoffs
D) new customers
2) Kant believes which of the following is a condition of society?
A) Lies
B) Truth
C) Fellowship
D) Conversation
3) Kant believes which of the following is a guiding principle of society?
A) Lies
B) Truth
C) Fellowship
D) Conversation
4) Kant believes which pair follows one another?
A) conversation, fellowship
B) truth, wealth
C) value, providence
D) reserve, loquaciousness
5) Which does Kant consider a weakness?
A) Loquaciousness
B) Truth telling
C) Contempt
D) Familiarity
6) Which is not a characteristic of trust?
A) An attitude
B) Commonality of aims
C) Equality
D) Judgment
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7) Extended trust requires __________.
A) acknowledged competence
B) consistency of behavior
C) openness
D) all of the above
8) Whisteblowing is __________.
A) a business strategy
B) using wind to make noise
C) always beneficial
D) making a disagreement with authority public
9) Bluffing could be considered to be ___________.
A) a legitimate business activity
B) exaggeration
C) lying
D) all of the above
10) 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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True/False Quiz for Chapter 3: Indicate whether each of the following is True or False.
1) Worldcom was a manufacturing company.
2) SEC stands for “Securities and Exchange Commission.”
3) Bernie Ebbers, one-time Worldcom CEO, wound up in jail.
4) Kant believes the exchange of our sentiments is the principal factor in social intercourse.
Correct answer: True
4) Kant believes equivocation is never justified.
5) The expanding globalization of business has brought with it the increased importance of an
international business ethics.
7) Trust cannot be considered important to international business ethics.
Correct answer: False
6) Trustworthiness is an attitude.
7) Trust can sometimes serve immoral purposes.
8) Trust is an unconditional value.
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Multiple Choice Quiz for Chapter 4
1) 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
2) Private property __________.
A) is a component of modern society
B) belongs to everyone in common
C) first existed in England
D) requires manufacture
3) Locke’s philosophy holds that:
A) Slavery can sometimes be justified.
B) Every man has a property in his own person.
C) Scarcity has no effect on resources.
D) Utility is the highest value.
4) Money came about as a __________.
A) memorial to rulers
B) type of jewelry
C) means of exchange
D) useful commodity
5) 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
6) 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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Correct Answer: A
7) 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
8) 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
9) Andrew Carnegie ___________.
A) believed in communism
B) was the first performer at Carnegie Hall
C) was an immigrant
D) believed in indiscriminate charity
10) 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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True/False Quiz for Chapter 4: Indicate whether each of the following is True or False:
1) New cancer drugs tend to sell for high prices.
2) Thalidomide is a new drug.
3) Blood plasma has no value.
4) Private property can be justified.
5) John Locke believed one’s own efforts can “privatize” property.
6) Barter preceded monetary commerce.
7) Profit does not motivate production.
8) Division of labor plays no role in modern production.
9) Karl Marx believed that modern production causes the alienation of labor.
10) Andrew Carnegie believed in capitalism.
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Multiple Choice Quiz for Chapter 5
1) Neemix is __________.
A) a pesticide patented by W.R. Grace
B) an Indian tree
C) a foreign formulation of a pesticide
D) unprofitable
2) 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
3) In Lester C. Thurow’s article arguing for a new system of intellectual property rights, he
argues that:
A) Patent law is a perfect solution to intellectual property rights.
B) A global system of intellectual property rights is not needed.
C) Laws must be enforceable or they should not be laws.
D) Knowledge should not be patentable.
4) Internet information __________.
A) is innocuous
B) is always accurate
C) raises no privacy concerns
D) is problematic
5) 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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6) 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
7) 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
8) 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
9) The Code of Fair Information Practices __________.
A) was never adopted
B) is federal law
C) is law in 36 states
D) is effect only in California
10) 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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True/False Quiz for Chapter 5 Indicate whether each of the following is True or False.
1) The commercial insecticide Neemix is based on a natural compound.
2) The neem tree is useful only for its seeds.
3) The natural compound in neem is patented.
4) Neemix has never been patented.
5) FET stands for Foundation on Environmental Trends.
6) WTO stands for World Trade Organization.
7) Our current patent and trademark system was first designed more than 100 years ago.
8) Skills and knowledge present a competitive advantage.
9) TGI stands for Transaction Geared Information.
10) A monopsonist is a buyer that controls a market.