Question 1

What action did Facebook's COO,Sheryl Sandburg,take in response to the complaint?

Accepted Answer

A) Sheryl Sandburg issued a half-hearted apology on behalf of Facebook, stating the
study was part of ongoing research companies do to test products and apologized for the lack of communication and stated it was unclear whether Facebook and other major websites would continue the practice.
Y) Sheryl Sandburg issued a half-hearted apology on behalf of Facebook, stating the study was part of ongoing research companies do to test products and apologized for the lack of communication and stated it was unclear whether Facebook and other major websites would continue the practice.
Z) Sheryl Sandburg issued a half-hearted apology on behalf of Facebook, stating the study was part of ongoing research companies do to test products and apologized for the lack of communication and stated it was unclear whether Facebook and other major websites would continue the practice.
[) Sheryl Sandburg issued a half-hearted apology on behalf of Facebook, stating the study was part of ongoing research companies do to test products and apologized for the lack of communication and stated it was unclear whether Facebook and other major websites would continue the practice.

Question 2

Fly High Aviation provides maintenance for executive jets based on private contracts with corporations that maintain airplanes for company use.Which of the following is least likely to be a Fly High stakeholder?

Accepted Answer

A) Residents near airports have no actual connection to Fly High, either direct or
indirect.
A) Residents near airports have no actual connection to Fly High, either direct or indirect.
B) Residents near airports have no actual connection to Fly High, either direct or indirect.
C) Residents near airports have no actual connection to Fly High, either direct or indirect.

Question 3

The utilitarian approach to moral philosophy was founded by

Accepted Answer

A) The founder of utilitarianism was 18th-century philosopher Jeremy Bentham.
A) The founder of utilitarianism was 18th-century philosopher Jeremy Bentham.
B) The founder of utilitarianism was 18th-century philosopher Jeremy Bentham.
C) The founder of utilitarianism was 18th-century philosopher Jeremy Bentham.

Question 4

Big Bucks Bank has published a detailed company ethics code based on an extensive values management process.The code specifies that all dealings with customers are to be fully documented and all dealings with the public not only are to be legal but should be based on what is best for the consumer.Everyone who deals with a customer is responsible for what he or she advises and must document conversations.Promotions and rewards will be based not only on productivity but also on fairness and how customers are treated.At the weekly mortgage department meeting,Brayson,the supervisor,informs his department that loan production is way down and that they need to do whatever is necessary to step up the number of loans made.As a result,several questionable loans are granted that make money for Big Bucks but result in families ultimately being subject to foreclosure.Assuming the questionable loans have been unethically made,which trait of an ethical company has been breached?

Accepted Answer

A) Ethical organizations must have all policies and procedures of each segment of the
company aligned with the company's stated vision.
h) Ethical organizations must have all policies and procedures of each segment of the company aligned with the company's stated vision.
i) Ethical organizations must have all policies and procedures of each segment of the company aligned with the company's stated vision.
j) Ethical organizations must have all policies and procedures of each segment of the company aligned with the company's stated vision.

Question 5

The formal complaint against Facebook alleged that Facebook deceived its users because

Accepted Answer

A) The complaint filed with the Federal Trade Commission stated: "At the time of
the experiment, Facebook did not state in the Data Use Policy that user data would be used for research purposes. Facebook also failed to inform users that their personal information would be shared with researchers."
P) The complaint filed with the Federal Trade Commission stated: "At the time of the experiment, Facebook did not state in the Data Use Policy that user data would be used for research purposes. Facebook also failed to inform users that their personal information would be shared with researchers."
Q) The complaint filed with the Federal Trade Commission stated: "At the time of the experiment, Facebook did not state in the Data Use Policy that user data would be used for research purposes. Facebook also failed to inform users that their personal information would be shared with researchers."
R) The complaint filed with the Federal Trade Commission stated: "At the time of the experiment, Facebook did not state in the Data Use Policy that user data would be used for research purposes. Facebook also failed to inform users that their personal information would be shared with researchers."

Question 6

Mighty Motors is a major automobile manufacturer with assembly plants in small towns throughout the United States.Mighty Motors is suffering losses in the current economy and has decided to stop manufacturing the Mighty Brute,an SUV with horrible gas mileage that simply isn't selling.The company will also be closing the only plant that is exclusively dedicated to manufacturing the Brute.This particular assembly plant is the primary employer in the town where it is located.Who,among the following,would be considered a secondary stakeholder in this decision?

Accepted Answer

A) Tony, while not directly linked to Mighty Motors, will be harmed due to loss of business in an indirect manner. Mike has no direct or indirect link to Mighty Motors.
D) Tony, while not directly linked to Mighty Motors, will be harmed due to loss of business in an indirect manner. Mike has no direct or indirect link to Mighty Motors.
E) Tony, while not directly linked to Mighty Motors, will be harmed due to loss of business in an indirect manner. Mike has no direct or indirect link to Mighty Motors.
F) Tony, while not directly linked to Mighty Motors, will be harmed due to loss of business in an indirect manner. Mike has no direct or indirect link to Mighty Motors.

Question 7

Shania is on the board of directors of a public company.The board is deciding on a new health care plan that would cost its workers more than its current plan,but would save the company millions.After asking herself how she would feel if this decision was announced to the public on the local and national news,Shania decides to vote against changing the health plan.The approach Shania used in making her decision is referred to as the .

Accepted Answer

A) A conflict of interest would make her actions ethically questionable even if no
distinct right or wrong action can be determined.
A) A conflict of interest would make her actions ethically questionable even if no distinct right or wrong action can be determined.
B) A conflict of interest would make her actions ethically questionable even if no distinct right or wrong action can be determined.
C) A conflict of interest would make her actions ethically questionable even if no distinct right or wrong action can be determined.

Question 8

"What if everyone took these same actions" is a question sometimes called the

Accepted Answer

A) The universalization approach, which stems from the categorical imperative, asks
this question.
A) The universalization approach, which stems from the categorical imperative, asks this question.
B) The universalization approach, which stems from the categorical imperative, asks this question.
C) The universalization approach, which stems from the categorical imperative, asks this question.

Question 9

In Grimshaw v.Ford Motor Company,if Ford had made the repairs to the cars,diminishing profit but enhancing customer safety,which theory of corporate social responsibility would Ford have been exhibiting?

Accepted Answer

A) The broad view, or good corporate citizenship, which holds that profits are
secondary to establishing proper corporate social responsibility.
\) The broad view, or good corporate citizenship, which holds that profits are secondary to establishing proper corporate social responsibility.
]) The broad view, or good corporate citizenship, which holds that profits are secondary to establishing proper corporate social responsibility.
^) The broad view, or good corporate citizenship, which holds that profits are secondary to establishing proper corporate social responsibility.

Question 10

After numerous threats from the federal government to enact laws and taxes to recoup bonus money paid to executive employees at AIG,of the reported $165 million paid out,how much was returned by those receiving bonuses?

Accepted Answer

A) Nearly $50 million was returned by AIG executives.
A) Nearly $50 million was returned by AIG executives.
B) Nearly $50 million was returned by AIG executives.
C) Nearly $50 million was returned by AIG executives.

Question 11

AIG received a government bailout to save the company because

Accepted Answer

A) AIG was deemed to be too important to the financial infrastructure of the United States to be allowed to fail.
b) AIG was deemed to be too important to the financial infrastructure of the United States to be allowed to fail.
c) AIG was deemed to be too important to the financial infrastructure of the United States to be allowed to fail.
d) AIG was deemed to be too important to the financial infrastructure of the United States to be allowed to fail.

Question 12

One method described in the text for deciding whether A/B testing is ethical is to focus on

Accepted Answer

A) One method of determining whether AB testing is ethical is to focus on whether
there is a risk of harm when a test is done.
e) One method of determining whether AB testing is ethical is to focus on whether there is a risk of harm when a test is done.
f) One method of determining whether AB testing is ethical is to focus on whether there is a risk of harm when a test is done.
g) One method of determining whether AB testing is ethical is to focus on whether there is a risk of harm when a test is done.

Question 13

The moderate view of assessing corporate citizenship holds that

Accepted Answer

A) The moderate view of assessing corporate citizenship holds that the government
should provide the exclusive view of corporate responsibility.
_) The moderate view of assessing corporate citizenship holds that the government should provide the exclusive view of corporate responsibility.
`) The moderate view of assessing corporate citizenship holds that the government should provide the exclusive view of corporate responsibility.
a) The moderate view of assessing corporate citizenship holds that the government should provide the exclusive view of corporate responsibility.

Question 14

Facebook conducted a psychological test on its users to study

Accepted Answer

A) Facebook was studying a psychological phenomenon called "emotional
contagion."
A) Facebook was studying a psychological phenomenon called "emotional contagion."
B) Facebook was studying a psychological phenomenon called "emotional contagion."
C) Facebook was studying a psychological phenomenon called "emotional contagion."

Question 15

Sasha is broke but needs a gown to go to a formal dance sponsored by her company.She goes to a local dress shop and purchases an expensive gown she cannot afford.She wears the gown to the event,tucking in and hiding the price tag rather than removing it.She dances all night and the next day goes back to the shop and returns the dress.The store's policy is that it will accept returns for 30 days as long as the price tag is still attached.

Accepted Answer

A) This is not an act that is generally accepted or condoned in society, so it is immoral and unethical.
J) This is not an act that is generally accepted or condoned in society, so it is immoral and unethical.
K) This is not an act that is generally accepted or condoned in society, so it is immoral and unethical.
L) This is not an act that is generally accepted or condoned in society, so it is immoral and unethical.

Question 16

KAM Corp.has separate codes of ethics and conduct.Each of the following would likely be included in its code of ethics except

Accepted Answer

A) Avoidance of conflicts of interest is a matter for a code of conduct.
M) Avoidance of conflicts of interest is a matter for a code of conduct.
N) Avoidance of conflicts of interest is a matter for a code of conduct.
O) Avoidance of conflicts of interest is a matter for a code of conduct.

Question 17

Which of the following was not an argument made by recipients of AIG bonuses who were defending their right to receive and retain the bonus money?

Accepted Answer

A) AIG had little money on hand at the time of the collapse, so the bonuses came from the bailout money.
k) AIG had little money on hand at the time of the collapse, so the bonuses came from the bailout money.
l) AIG had little money on hand at the time of the collapse, so the bonuses came from the bailout money.
m) AIG had little money on hand at the time of the collapse, so the bonuses came from the bailout money.

Question 18

The categorical imperative test consists of

Accepted Answer

A) The categorical imperative test consists of individuals making ethical decisions with an eye toward potential consequences if everyone in society acted similarly.
G) The categorical imperative test consists of individuals making ethical decisions with an eye toward potential consequences if everyone in society acted similarly.
H) The categorical imperative test consists of individuals making ethical decisions with an eye toward potential consequences if everyone in society acted similarly.
I) The categorical imperative test consists of individuals making ethical decisions with an eye toward potential consequences if everyone in society acted similarly.

Question 19

Nobel Prize-winning economist Milton Friedman believed that

Accepted Answer

A) Milton Friedman believed in Adam Smith's theories and felt that the only
responsibility a business has is to maximize shareholder wealth.
S) Milton Friedman believed in Adam Smith's theories and felt that the only responsibility a business has is to maximize shareholder wealth.
T) Milton Friedman believed in Adam Smith's theories and felt that the only responsibility a business has is to maximize shareholder wealth.
U) Milton Friedman believed in Adam Smith's theories and felt that the only responsibility a business has is to maximize shareholder wealth.

Question 20

Modern Corporation operates a steel mill.It has never contributed anything to the local community,and it knowingly pollutes both the air and the river that runs by its mill.The corporation's reasoning is that the cost of installing pollution control devices would diminish its profits,and it doesn't support the community because it provides jobs and doesn't think it owes anything else to the citizens in its area.Donating to the community would also diminish profits.Which theory of corporate social responsibility is Modern Corporation exhibiting?

Accepted Answer

A) The narrow view, or invisible hand theory, holds that producing profit is more
important than being socially responsible.
V) The narrow view, or invisible hand theory, holds that producing profit is more important than being socially responsible.
W) The narrow view, or invisible hand theory, holds that producing profit is more important than being socially responsible.
X) The narrow view, or invisible hand theory, holds that producing profit is more important than being socially responsible.

Quiz 5: Business, Societal, and Ethical Contexts of Law