ALC EXAM 2 QUESTIONS & ANSWERS 2023 UPDATE
1. A conclusion arrived at through deductive reasoning is (inductive is probable)
A. probable B. certain
C. whimsical
D. farcical
2. The rational starting point for ethics in an organization is
a. At the bottom b. At the top
c. At the leve...
1. A conclusion arrived at through deductive reasoning is (inductive is
probable)
A. probable
B. certain
C. whimsical
D. farcical
2. The rational starting point for ethics in an organization is
a. At the bottom b.
At the top
c. At the level of execution
d. At the level of supervisors
3. A corporation is owned by a limited number of shareholders.
a. Public
b. Private
c. Close
d. S
4. combines mediation and negotiation to arrive at a successful
resolution.
a. Common law
b. Criminal law
c. Civil law
d. Collaborative law
5. is the key to developing an ethical organization.
a. Profit maximization
b. Value maximization
c. Loyalty
d. Organizational culture
6. When interpreting the law, courts look for
a. guidance from the president
b. guidance from the government
c. guidance from the legislative branch d.
precedent
7. An action that does not increase shareholder value and does not
should be rejected.
a. Increase corporate earnings b.
Stand up to an ethics test
c. Promote corporate social responsibility
d. Improve diversity
8. duties may be levied if a country chooses to sell its products in other
countries for a price than in its home country.
a. Customs
b. Countervailing
c. Tariff
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