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Les 305 Exam 2 Questions And Complete Solutions @ 2024
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Les 305 Exam 2 Questions And CompleteSolutions @ 2024
Compliance with the law meets all ethical standards. True or false? - Answer False
I was just following orders" is a defense in law and a test for ethical behavior. True or
false ? - Answer False
Many companies that had been headquartered in the United States have decided to
conduct corporate inversions, in which they sell their assets to a foreign corporation so
they can claim a new residence in that country for corporate tax purposes and avoid
paying corporate taxes in the United States. This action is permissible under which
school of social responsibility? a. inherence school
b. enlightened self-interest school
c. invisible hand school
d. social responsibility school - Answer inherence school (it is an action designed to
benefit shareholders exclusively)
With respect to the corporate inversions described above, they are permissible under
which ethical theory? a. primum non nocere.
b. utilitarianism.
c. ethical egoism.
d. Divine Command.
e. None of the answer choices are correct - Answer ethical egoism
What question is missing from this model of the steps for analyzing ethical dilemmas in
your book?
i. Gather the facts.
, ii. List missing information and your assumptions.
iii. Generate list of alternatives and apply ethical decision-making models.
iv. Evaluate resolutions for cost, legality and impact.
v. Recommend and take action. a. Follow management's code of conduct.
b. Follow your industry's code of conduct.
c. Apply ethical decision-making models.
d. List each stakeholder's interests (concerns) in the dilemma.
e. Nothing is missing from the model above. - Answer List each stakeholder's interests
(concerns) in the dilemma.
Is there an ethical issue when restaurants and shops give customers discounts, free
meals and other kickbacks in exchange for good reviews on Yelp and other social media
websites? a. No. Everyone else is doing it, so there is no problem.
b. No. This is allowable using utilitarianism.
c. No. Customers can be objective under the circumstances.
d. Yes. This creates a conflict of interest on behalf of the reviewer customers.
e. Yes. This falls in the category of Taking Something that Does Not Belong to You. -
Answer Yes. This creates a conflict of interest on behalf of the reviewer customers.
Committing acts of personal decadence, like driving home drunk after an office holiday
party has no relevance to business ethics. True or false ? - Answer False
Tolerating someone else's unethical actions is not an ethical dilemma since you did not
actually commit any act that is unethical. True or false? - Answer False
The Ice-T case illustrates what can happen when managers don't take shareholders
interests into account when making business decisions. True or false? - Answer True
Cheating on exams is acceptable because
a. "It is not illegal."
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