,1. Multiple Choice: Which ethical theory emphasizes the
consequences of actions when determining moral worth?
a) Deontology
b) Virtue Ethics
c) Utilitarianism
d) Ethical Egoism
Correct Answer: c) Utilitarianism
Rationale: Utilitarianism is focused on the outcomes or
consequences of actions to determine their moral value, aiming for
the greatest good for the greatest number.
2. Fill-in-the-Blank: The ethical principle that suggests individuals
should act in a way that they would want to become a universal law
is known as __________.
Correct Answer: Kantian Deontology
Rationale: Kantian Deontology, or Kant's categorical imperative,
proposes that one should act only according to that maxim
whereby they can, at the same time, will that it should become a
universal law.
, Correct Answer: False
Rationale: Insider trading is unethical and illegal as it gives an
unfair advantage to individuals with privileged information,
undermining trust in the market.
4. Multiple Response: Which of the following are considered key
components of Corporate Social Responsibility (CSR)?
a) Economic Responsibility
b) Philanthropic Responsibility
c) Legal Responsibility
d) Technological Responsibility
Correct Answers: a) Economic Responsibility, b) Philanthropic
Responsibility, c) Legal Responsibility
Rationale: CSR encompasses economic, philanthropic, and legal
responsibilities, but technological responsibility is not typically
included as a key component.
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