Question 1

It is good advice to go with your gut.

Accepted Answer

False

Question 2

An appearance of a conflict of interest can be as damaging as an actual conflict.

Accepted Answer

This statement is true. Perceived conflicts of interest can be just as damaging to reputation and trust as actual conflicts, leading to loss of business, legal issues, and damage to professional relationships. It is important to be transparent and proactive in identifying and avoiding conflicts of interest, both real and perceived.

Question 3

Ethical dilemmas represent conflicts in values.

Accepted Answer

Ethical dilemmas arise when there are conflicting values or principles, and individuals or organizations must make difficult choices between them.

Question 4

A _______________ is any person or group with a standing in the issue at hand.

Accepted Answer

The answer of A _______________ is any person or group...

Question 5

If you are asked to make hastily a decision that you believe raises potential ethical issues you should be a good team player and proceed with the decision.

Accepted Answer

If you believe a decision raises potential ethical issues, it is important to raise your concerns and discuss them with your team before proceeding. Proceeding with a potentially unethical decision could harm people or damage your organization's reputation. It is important to prioritize ethics and collaborate with your team to come up with a solution that is both ethical and effective.

Question 6

A challenge involved in using a strictly consequentialist approach is that it is often difficult to obtain the information required to evaluate all of the consequences for all stakeholders who may be directly or indirectly affected by an action or decision.

Accepted Answer

A consequentialist approach requires considering all possible outcomes and their effects on all stakeholders, which can be challenging to obtain complete information about all potential consequences.

Question 7

Generally,ethical dilemmas are not routine.Therefore,there is no way that an individual can be prepared or informed for a problem ahead of time.

Accepted Answer

While it is true that ethical dilemmas are not routine, individuals can still be informed and prepared through training, education, and exposure to ethical scenarios. This can help them develop critical thinking skills and a framework for ethical decision-making, which can be applied when faced with a new ethical dilemma.

Question 8

A virtue ethics perspective requires a moral actor to look to the community that will hold the moral actor to the highest ethical standard and support the moral actor's intention to be a virtuous person.

Accepted Answer

Virtue ethics places importance on the community in shaping an individual's morality and holding them to a high ethical standard. A moral actor must consider the expectations and values of their community in their actions and strive to be a virtuous person within that community.

Question 9

A major challenge of deontological approaches is deciding which duty,obligation,right,or principle takes precedence because ethical dilemma often pit these against each other.

Accepted Answer

Deontological approaches prioritize duties, obligations, rights, and principles over consequences, but when these concepts conflict, it can be difficult to determine which should take precedence. This is a well-known challenge of deontological ethics.

Question 10

According to Lawrence Kohlberg,developer of a key theory of moral reasoning,role taking is useless as nothing is gained by putting yourself in the shoes of others.

Accepted Answer

Lawrence Kohlberg actually believed in the importance of role taking in moral development. He argued that by putting ourselves in the shoes of others, we could better understand their perspective and develop a more nuanced and compassionate approach to morality.

Question 11

Utilitarianism is the best known example of a consequential theory

Accepted Answer

Utilitarianism is a consequential theory as it focuses on the consequences or outcomes of actions in determining whether they are morally right or wrong.

Question 12

Although all of the philosophical approaches have limitations,an individual must choose one approach and follow its guidance in every situation.

Accepted Answer

Although philosophical approaches can offer guidance, it is not necessary or advisable to follow one approach blindly in every situation. Different situations may require different approaches or a combination of approaches. Additionally, individuals may have personal beliefs and values that deviate from a single philosophical approach. It is important to remain open-minded and adaptable in decision-making.

Question 13

Creativity and thinking out of the box are just a scoundrel's way of saying that coming up with alternatives in solving how you handle ethical issues are valuable skills to keep you from getting caught.

Accepted Answer

Creativity and thinking out of the box are valuable skills in finding ethical solutions that align with one's values and principles, not just ways to avoid getting caught. It is important to strive for ethical behavior and decision-making regardless of the consequences, and using creativity to navigate ethical dilemmas can lead to better outcomes for all parties involved.

Question 14

Despite the disclosure rule,making decisions in private to avoid negative reaction is generally best for a business as it safeguards your firm's reputation and keeps competitive information away from your competitors.

Accepted Answer

The statement is not entirely true. While making decisions in private may safeguard a firm's reputation and keep competitive information away from competitors, it may also violate ethical standards and erode public trust in the company. Transparency and disclosure are important for maintaining trust and credibility with stakeholders. Additionally, while negative reactions may be uncomfortable in the short-term, they can help a business identify areas for improvement and make better decisions in the long run.

Question 15

A virtue ethics perspective considers the actor's character,motivations,and intentions.

Accepted Answer

Virtue ethics emphasizes on the development of a morally good character and considers the intentions and motivations behind an action rather than just the action itself.

Question 16

Most business managers rely on a deontological approach.

Accepted Answer

Most business managers rely on a teleological approach, which focuses on the end results or consequences of actions, rather than strict adherence to a set of moral principles (as in deontological approach).

Question 17

An ethical dilemma is defined as a situation where two or more "right" values are in conflict.

Accepted Answer

This is the standard definition of an ethical dilemma.

Question 18

In business,concerning yourself with how your decision making affects stakeholders is useless given the number of stakeholders and their different interests.

Accepted Answer

While it may be challenging to consider the interests of all stakeholders, it is still important to do so to ensure ethical and responsible decision making. Neglecting stakeholder interests can lead to negative consequences for the business in the long run.

Question 19

Business managers generally rely on the consequentialist approach.

Accepted Answer

Business managers typically focus on the outcomes and consequences of their actions when making decisions, which aligns with the consequentialist approach.

Question 20

The consequentialist approach protects the rights of the minority.

Accepted Answer

The consequentialist approach focuses on the outcome or consequences of an action, and may prioritize the needs or benefits of the majority over the rights of the minority in certain situations, if it leads to a greater overall benefit for society. Therefore, it may not always protect the rights of the minority.

Quiz 2: Deciding Whats Right: a Prescriptive Approach