Question 1

One of the main ethical issues identified in the WeWork case in the chapter for Adam Neumann was that Neumann

Accepted Answer

One of the main ethical issues for Adam Neumann that were identified in the WeWork case in the chapter was that he was overly focused on self-enrichment and self-dealing.

Question 2

The DfG (Days for Girls) POD (Portable Object of Dignity) created by Celeste Mergens

Accepted Answer

The DfG (Days for Girls) POD (Portable Object of Dignity) created by Celeste Mergens helped to empower girls by putting them out in the community and removing a substantial barrier to education.

Question 3

Activist Tarana Burke first used the phrase "Me Too" in 2006 to

Accepted Answer

Activist Tarana Burke first used the phrase "Me Too" to bring attention to the problem of sexual abuse among women of color.

Question 4

The business and ethics trade-off framework can be used to

Accepted Answer

The business and ethics trade-off framework can be used to determine if an action is ethically correct and is good for the business.

Question 5

Which of the following is the best example of the third domain?

Accepted Answer

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

Question 6

If Adam Neumann had decided to share voting power in WeWork, one could categorize his decision as

Accepted Answer

Sharing voting power has nothing to do with any legal requirements, either to stay out of jail or to comply with an SEC regulation. However, it would be an example of the choice he could make.

Question 7

Which of the following represents a compelling reason to study business ethics in college?

Accepted Answer

A compelling reason to study business ethics in college is to learn about the role business ethics plays in one's life and how this knowledge can prepare someone for a more successful career.

Question 8

Many firms have formulated and promulgated clearly defined principles of conduct that help to define right and wrong behavior. These principles

Accepted Answer

Firm principles of conduct are typically clearly defined and help delineate right versus wrong behavior. They are often contained in a company's mission statement.

Question 9

Which of the following represents a question that can lead one to moral goodness?

Accepted Answer

Asking oneself questions about how to create a life of meaning and positive purpose has been central to philosophers since the dawn of civilization.

Question 10

Which of the following most accurately describes the concept of ethics?

Accepted Answer

Ethics is often defined as "principles of conduct governing an individual or group."

Question 11

One area of ethics is business ethics. Which of the following most appropriately describes the area of business ethics?

Accepted Answer

Business ethics focuses on the ethical dimensions of productive organizations and commercial activities.

Question 12

The idea of avoiding ethical harm

Accepted Answer

The idea of avoiding ethical harm has been studied by scholars, executives, and policy makers for much of the twentieth century.

Question 13

Which of the following represents the best example of a manager facing an ethical challenge?

Accepted Answer

Examples of ethical challenges that a manager or executive may face could be bribery, promise keeping, and the abuse of power.

Question 14

The third domain of human action was the foundation of

Accepted Answer

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

Question 15

All of the following fall under the purview of business ethics EXCEPT

Accepted Answer

The purview of business ethics generally deals with for-profit, social profit, and governmental entities.

Question 16

Andy and Craig are in the process of forming a new for-profit firm. As they discuss the employees they will need to hire, Andy asks Craig how they might go about ensuring that their employees act ethically and in the firm's best interests. Which of the following responses by Craig would be most appropriate?

Accepted Answer

Andy and Craig should consider drafting and promulgating a code of conduct that every employee should be required to read and sign.

Question 17

Evelynn is working with Francois, a new representative for a corporate customer. Though Evelynn told her manager she finds Francois annoyingly arrogant, her manager knows Evelyn will treat Francois well because

Accepted Answer

Despite the existence of federal and state laws, and company rules, regulations, and codes of conduct, business activities still rely on people acting with civility, kindness, and respect.

Question 18

In the context of business ethics, the moral component refers to which of the following?

Accepted Answer

In the context of business ethics, the moral component refers to the idea that ethical challenges focus on what is right and wrong, good or bad.

Question 19

Fifty-year-old Katya enjoys good health and exercises frequently. She appreciates that she is physically able to play tennis with her friends, takes few medications, and pays a lower-than-average premium for her life insurance. Which of the following statements most accurately describes this example?

Accepted Answer

Good health could be considered as having both instrumental and intrinsic ends, as health is good in and of itself, and may lead to other things.

Question 20

Which of the following best exemplifies intrinsic moral goods?

Accepted Answer

Fairness and transparency are the most appropriate examples of intrinsic moral goods in a firm, as they are valued in and of themselves.

Quiz 1: Introduction: Why Study Business Ethics