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Business Ethics Study Set 1
Quiz 1: Ethical Theory, Philosophical Foundations, Our Reasoning Flaws, and Types of Ethical Dilemma
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Question 61
True/False
Following positive law is not the full extent of ethics.
Question 62
True/False
The mayor owns property next to one of the proposed sites for the city's new baseball stadium.The mayor has a conflict of interest and should not vote on the location of the stadium when the city council takes action on the site.
Question 63
True/False
Your company has several outdated computers sitting in a storage closet that no one is using.You have taken one home and set it up for personal use.This is unethical conduct.
Question 64
True/False
A newspaper reporter is interviewing you about your experiences in working for a member of Congress.You have indicated you have information about his private life but will not share it.The reporter responds, "Tell me, just between you and me."You share the information and a quote from you on the private life of the member of Congress appears in the newspaper the next day.The reporter was unethical in violating a trust.
Question 65
True/False
You work for a construction firm that is submitting a bid for the construction of a new company headquarters building for Smithco.A friend you have known since high school works in Smithco's capital budgeting area and has full knowledge of all the bids from all firms.It would be unethical for your friend to share that information with you before you submitted your bid.
Question 66
True/False
Although you are not part of your company's engineering group, you have discovered a major flaw in the company's new paper-thin solar calculator.The calculator adds when the subtract button is pressed if there are more than 3 figures to the right of the decimal point.Since it is not your area, you should do and say nothing.
Question 67
True/False
Using things of minimal value that belong to your employer for personal reasons (such as paper, paper clips, pens) is not an ethical violation.
Question 68
True/False
It would not be unethical to continue interviewing for positions after you have already accepted employment with a particular firm.
Question 69
True/False
You should disclose to your employer if a relative of yours has submitted a bid for work with your company.
Question 70
True/False
It would not be unethical for you to accept two employment offers in case one fell through.
Question 71
True/False
With respect to #66, it is not necessary for the company to take any action to correct the problem or refund money for those who already own the new calculator.