Question 1

"Do unto others as you would have them do unto you," is an example of the ________ principle.

Accepted Answer

This phrase is an example of the moral rights principle, often referred to as the "Golden Rule," which emphasizes treating others with respect and consideration, as one would wish to be treated.

Question 2

The practical rule of ethical decision making

Accepted Answer

The practical rule of ethical decision making ensures that managers consider the interests of all stakeholders, aiming for decisions that are fair and just for everyone involved.

Question 3

Under the practical rule, for a business decision to be ethical, a manager would NOT be reluctant to communicate the decision to people outside the company when

Accepted Answer

A decision is considered ethical under the practical rule if a typical person would find it acceptable, indicating transparency and alignment with societal norms.

Question 4

When Frida was determining if her decision was ethical, she asked herself, "Would the people with whom I have a significant personal relationship, such as family members, friends, or even managers in other organizations, approve of the decision?" Frida was demonstrating which rule of ethical decision making?

Accepted Answer

Frida is using the practical rule of ethical decision making, which involves considering whether a decision would be acceptable to others with whom one has a significant personal relationship.

Question 5

Stefan is confronted with a serious ethical dilemma. He responds with a solution that creates the greatest good for the greatest number of people. Which ethical rule best describes his response?

Accepted Answer

The utilitarian rule focuses on creating the greatest good for the greatest number of people, which aligns with Stefan's response.

Question 6

Shia makes some changes in the production process to ensure employees can perform tasks without endangering their health and safety. Shia is employing the moral rights rule to

Accepted Answer

The moral rights rule focuses on protecting the fundamental rights and privileges of individuals affected by decisions, ensuring their health and safety.

Question 7

An ethical dilemma for managers is that decisions that will protect the rights of some stakeholders often will hurt the rights of others. This most closely relates to the ________ rule of ethical decision making.

Accepted Answer

The moral rights rule of ethical decision making focuses on protecting the fundamental rights and privileges of individuals, which can lead to conflicts when the rights of different stakeholders are at odds.

Question 8

The ________ stakeholder group is often considered to be the most critical.

Accepted Answer

The answer of The ________ stakeholder group is often considered...

Question 9

The practical rule states that an ethical decision is one that

Accepted Answer

The practical rule suggests that an ethical decision is one that can be communicated openly without reluctance, implying transparency and acceptance by the broader community.

Question 10

A company can act ethically toward employees and meet their expectations by

Accepted Answer

Creating an occupational structure that fairly and equitably rewards organization members for their contributions aligns with acting ethically toward employees and meeting their expectations.

Question 11

The utilitarian rule states that an ethical decision is one that

Accepted Answer

The utilitarian rule states that an ethical decision is one that produces the greatest good for the greatest number of people.

Question 12

One managerial implication of the justice model is that to be ethical, managers should base their decisions on

Accepted Answer

The justice model emphasizes fairness and equity in the distribution of outcomes, suggesting that ethical decisions should promote a fair distribution of benefits and burdens among all stakeholders.

Question 13

________ are frequently in the position of having to juggle the interests of different stakeholders, including themselves.

Accepted Answer

Managers are responsible for balancing the interests of various stakeholders, including employees, customers, suppliers, and shareholders, while also considering their own interests.

Question 14

The board and top managers of a nonprofit organization have considerable latitude to decide how they will spend the organization's resources because

Accepted Answer

Nonprofit organizations do not have shareholders, which allows their board and top managers more flexibility in deciding how to allocate resources without the pressure of distributing profits to shareholders.

Question 15

A website offered free streaming and downloading of movies, games, and music. It was eventually shut down by the courts. Websites like these demonstrate that the pursuit of self-interest can lead to a(n)________, a collective disaster when one or more people start to profit from being unethical because this encourages other people to act in the same way.

Accepted Answer

The "tragedy of the commons" refers to a situation where individuals acting in their own self-interest can ultimately lead to the depletion or destruction of a shared resource, resulting in a collective disaster. In this case, the unethical behavior of offering free streaming and downloading encourages others to do the same, leading to legal and ethical issues.

Question 16

The town in which a large dog food company has its headquarters is referred to as

Accepted Answer

A community is a group of people living in the same place or having a particular characteristic in common, such as the town where a company is headquartered.

Question 17

Tax reform legislation signed into law by President Trump in late 2017 included a new 21% excise tax on ________ for salaries over $1 million.

Accepted Answer

The tax reform legislation included a 21% excise tax on nonprofit employers for salaries over $1 million.

Question 18

The ________ rule states that an ethical decision is one in which rewards and harms are distributed in a fair and impartial way.

Accepted Answer

The justice rule focuses on fairness and impartiality in the distribution of rewards and harms, making it the correct choice.

Question 19

When Bob calculates the yearly bonuses for his employees, he pays particular attention to the individual employee scores to ensure that they are based on performance and not favoritism. Which ethical rule is Bob following?

Accepted Answer

Bob is following the justice rule, which emphasizes fairness and impartiality in decision-making, ensuring that bonuses are based on performance rather than favoritism.

Question 20

Under the ________ rule, an ethical decision is one that best maintains people's fundamental privileges.

Accepted Answer

The moral rights rule focuses on protecting and respecting the fundamental rights and privileges of individuals.

Quiz 4: Ethics and Social Responsibility