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Business Ethics

Assessment Questions

Business EthicsAssessment Questions

Assessment Questions

1.
Which of these concepts relates to utilitarianism?
  1. consequences
  2. actions
  3. character
  4. duty
2.
According to the Greek system of logic introduced by Socrates, normative ethical theories ultimately are grounded in reason.
  1. True
  2. False
3.
Explain why ethical responsibilities go beyond legal compliance.
4.
Describe the difference between normative and descriptive ethical theories.
5.
Which of the following is not a stakeholder?
  1. the media
  2. corporate culture
  3. the environment
  4. customers
6.
According to Milton Friedman, a company’s social responsibility consists solely of bettering the welfare of society.
  1. True
  2. False
7.
What is corporate social responsibility (CSR)?
8.
Describe a practical way to prioritize the claims of stakeholders.
9.
Describe how a company’s ethical business practices affect its goodwill.
10.
Family is generally a strong influence on our ethical standards.
  1. True
  2. False
11.
Which normative ethical theory supports the idea of holding multiple ethical standards?
  1. deontology
  2. utilitarianism
  3. virtue ethics
  4. none of the above
12.
Describe the benefits of having a single ethical standard.
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