,1. A company's CEO has been found to have falsified financial reports.
Which ethical theory would best justify his immediate dismissal?
A. Utilitarianism
B. Deontology
C. Virtue Ethics
D. Ethical Egoism
Answer: B. Deontology
Rationale: Deontological ethics focuses on the adherence to moral
duties and rules. Falsifying financial reports is a direct violation of ethical
duties and legal obligations, thus justifying dismissal.
2. In a situation where a leader must choose between two negative
outcomes, what is this ethical dilemma called?
A. Ethical paradox
B. Double effect
C. Moral absolutism
D. Ethical dilemma
Answer: D. Ethical dilemma
Rationale: An ethical dilemma is a situation in which a decision must be
made between two options neither of which resolves the situation in an
ethically acceptable manner.
, 3. What is the term for the ethical principle that emphasizes the outcome
or consequence of an action?
A. Deontology
B. Utilitarianism
C. Ethical relativism
D. Virtue ethics
Answer: B. Utilitarianism
Rationale: Utilitarianism is an ethical theory that determines right from
wrong by focusing on outcomes. It is the consequence of the action that
is important, not the action itself.
4. Which of the following best describes 'ethical leadership'?
A. Leading by fear and maintaining strict control
B. Making decisions based solely on legal standards
C. Influencing others through values, morals, and beliefs
D. Prioritizing profitability over ethical considerations
Answer: C. Influencing others through values, morals, and beliefs
Rationale: Ethical leadership involves guiding others with a moral
compass, influencing them through personal values, company standards,
and societal norms.
5. A manager is faced with a decision that benefits the organization but
harms the community. Which ethical framework would most likely
prioritize the community's well-being?
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