Question 1

The Greek word hexis is used to describe which of the following?
A) group moral virtues
B) individual moral virtue
C) the second domain of human action
D) the individual ethical choices taken throughout one's life

Accepted Answer

The Greek word hexis is used to describe individual moral virtue.

Question 2

The third domain of human action requires
A) obedience to the unenforceable, where no punishment arises from non-conformance
B) obedience to enforceable laws, where punishment is applied for non-conformance
C) obedience to all laws, both enforceable and unenforceable
D) obedience to legal mandates only

Accepted Answer

The third domain of human action requires "obedience to the unenforceable," or conformance with norms and principles where no punishment arises from non-conformance.

Question 3

Business ethics involves which of the following?
A) the ethical dimensions of productive organizations and noncommercial activities
B) the ethical dimensions of productive organizations and commercial activities
C) absolute adherence to all ethical guidelines, rules, and laws
D) an understanding of how to avoid punishment for wrongdoing

Accepted Answer

Business ethics involves the "ethical dimensions of productive organizations and commercial activities."

Question 4

Many firms have a mission statement that contains which of the following?
A) an ethical guide to all scenarios that an employee may encounter
B) a guide to ensuring the company avoids prosecution
C) clearly defined principles of conduct that define right and wrong behavior
D) a guide to illegal versus unethical behavior

Accepted Answer

Many companies have clearly defined principles of conduct that define right and wrong behavior, often contained in a mission statement.

Question 5

Which of the following provides the greatest contrast to a philosophical approach to ethics?
A) fulfillment
B) principles
C) compliance
D) love

Accepted Answer

Fulfillment, principles, and love all pertain to a philosophical approach, whereas compliance pertains to the alternative pragmatic approach and thus stands as the correct answer.

Question 6

Instrumental ends are things that are
A) bad, because they cause further bad things to happen
B) good, because they lead to something else
C) good in and of themselves
D) bad in and of themselves

Accepted Answer

Instrumental ends are things that are good because they lead to something else.

Question 7

Intrinsic ends are things that are
A) bad in and of themselves
B) good in and of themselves
C) good, because they lead to something else
D) bad, because they cause further bad things to happen

Accepted Answer

Intrinsic ends are things that are good or desirable in and of themselves.

Question 8

Ultimate ends are sometimes also referred to as
A) instrumental ends
B) moral components
C) intrinsic ends
D) ethical and moral ends

Accepted Answer

Ultimate ends are sometimes also referred to as intrinsic ends.

Question 9

The moral component of an ethical challenge
A) may be an input or output to an ethical decision
B) is best disregarded by employees and managers
C) is irrelevant if the issue is legal
D) may cause employees to make poor ethical decisions

Accepted Answer

The moral component of an ethical challenge may be input or output to an ethical decision.

Question 10

For business executives and firm managers, many of their ethical temptations arise from
A) a conflict between their roles as agents of the business and their own personal ethical values
B) a conflict between what is good for the shareholders versus other stakeholders of the business
C) a conflict between balancing work life and family life
D) ensuring a fair balance between employee morale and productivity

Accepted Answer

For business executives and firm managers, many of their ethical temptations arise from a conflict between their roles as agents of the business and their own personal ethical values.

Question 11

The business and ethics trade-off framework contains
A) two quadrants, focused on the employee and the employer
B) three quadrants, focused on the employee, employer, and stockholders
C) four quadrants, focused on actions that may be ethical/unethical and good/bad for the business
D) four quadrants, focused on actions that may be good for firm stakeholders but not employees

Accepted Answer

The business and ethics trade-off framework contains four quadrants, focused on actions that may be ethical/unethical and good/bad for the business.

Question 12

When professionals face the temptations in quadrants one and four of the business and ethics trade-off framework, they
A) typically resign from the company
B) attempt to resolve these temptations by employing moral courage
C) attempt to resolve these temptations by deferring the decision to a supervisor
D) typically, will act in their own best interests

Accepted Answer

When professional face the temptations in quadrants one and four of the business and ethics trade-off framework, they attempt to resolve these temptations by employing moral courage.

Question 13

In the context of the business and ethics trade-off framework, moral creativity
A) speaks to an employee's ability to be morally creative when faced with an ethical dilemma
B) speaks to a professional's ability to find a solution that resolves the temptation by finding a way to move the decision into either quadrant two or three
C) is seldom employed or shown by executives, as their focus is typically on self-enrichment
D) can be enforced by state and federal laws

Accepted Answer

In the context of the business and ethics trade-off framework, moral creativity speaks to a professional's ability to find a solution that resolves the temptation by finding a way to move the decision into either quadrant two or three.

Question 14

Which of the quadrants of the business and ethics trade-off framework describes a situation where the action is both good for the business and ethically correct?
A) quadrant I
B) quadrant II
C) quadrant III
D) quadrant IV

Accepted Answer

Quadrant II covers a situation where the action is both good for the business and ethically correct. The decision is a clear yes.

Question 15

Quadrant three of the business and ethics trade-off framework describes a situation where the action is
A) both good for the business and ethically correct
B) both bad for the business and ethically improper
C) bad for the business but ethically correct
D) good for the business but morally improper

Accepted Answer

Quadrant three of the business and ethics trade-off framework describes a situation where the action is both bad for the business and ethically improper.

Question 16

The integrated approach to business ethics described in the chapter relates to
A) integrating both the pragmatic and philosophical approaches to business ethics
B) integrating both the legal and moral aspects of ethics into one's approach
C) integrating both the corporate and individual approach to ethics
D) integrating both greed and benevolence

Accepted Answer

The integrated approach to business ethics described in the chapter relates to integrating both the pragmatic and philosophical approaches to business ethics.

Question 17

The difference between pragmatic and philosophical approaches to business ethics is that
A) one focuses on staying out of trouble and the other focuses on being good
B) one is about individuals and the other is about organizations
C) one is realistic and the other is unrealistic
D) one is for corporations and the other is for religious organizations and charities

Accepted Answer

Pragmatic and philosophical approaches can be about either individuals or organizations. While a pragmatic approach does lend itself to being more "realistic," the difference between the two is not that one is and the other is not realistic, but that their starting points are different. A difference is that pragmatism focuses more on compliance and staying out of trouble, whereas the philosophical approach aims to live up to principles of the good.

Question 18

The two approaches to ethical issues described in the DRAFT model
A) are transactional for the pragmatic approach and theoretical for the philosophical approach
B) are theoretical for the pragmatic approach and transactional for the philosophical approach
C) are governed by strict rules and sanctions
D) speak to compliance and avoiding harm

Accepted Answer

The two approaches to ethical issues described in the DRAFT model are transactional for the pragmatic approach and theoretical for the philosophical approach.

Question 19

A pragmatic approach to fundamental governance mechanisms
A) deals with principles and intrinsic rewards
B) speaks to the expression of positive ethical behaviors
C) deals with rules and sanctions and external control to counter incentives for unethical behavior
D) speaks to constrained business agents acting in the face of incentives that limit moral choices

Accepted Answer

A pragmatic approach to fundamental governance mechanisms deals with rules and sanctions and external control to counter incentives for unethical behavior.

Question 20

The target for the philosophical approach to business ethics is
A) attempting to maintain compliance and avoiding harm
B) happiness, fulfillment, and doing good
C) to enhance the organization's public image
D) to achieve personal gain through benevolence

Accepted Answer

The target for the philosophical approach to business ethics is happiness, fulfillment, and doing good.

Quiz 1: Introduction: Why Study Business Ethics

The Greek word hexis is used to describe which of the following?

The third domain of human action requires

Business ethics involves which of the following?

Many firms have a mission statement that contains which of the following?

Which of the following provides the greatest contrast to a philosophical approach to ethics?

Instrumental ends are things that are

Intrinsic ends are things that are

Ultimate ends are sometimes also referred to as

The moral component of an ethical challenge

For business executives and firm managers, many of their ethical temptations arise from

The business and ethics trade-off framework contains

When professionals face the temptations in quadrants one and four of the business and ethics trade-off framework, they

In the context of the business and ethics trade-off framework, moral creativity

Which of the quadrants of the business and ethics trade-off framework describes a situation where the action is both good for the business and ethically correct?

Quadrant three of the business and ethics trade-off framework describes a situation where the action is

The integrated approach to business ethics described in the chapter relates to

The difference between pragmatic and philosophical approaches to business ethics is that

The two approaches to ethical issues described in the DRAFT model

A pragmatic approach to fundamental governance mechanisms

The target for the philosophical approach to business ethics is