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MNGT 482 Exam 1 With Complete Solution

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MNGT 482 Exam 1 With Complete Solution...

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MNGT 482 Exam 1 With
Complete Solution

Why should business be ethical?

a. Most people want to act in ways that are consistent with their own sense
of right and wrong

b. Ethical behavior protects business firms from abuse by unethical
employees and competitors

c. Society's stakeholders expect it from businesses

d. All of the above - ANSWER d. All of the above

Which of the following examples best illustrate an ethics issue based on
cross-cultural contradictions?

a. Marketing a pesticide abroad that has been banned in the U.S.

b. Manufacturing and marketing lead-paint that has been banned in the U.S.

c. Hiring children age 16 and under to work in overseas manufacturing plants

d. All of the above

e. Only (a) and (b) are correct - ANSWER d. All of the above

Mature adults typically base their ethical reasoning on broad principles and
relationships such as:

a. Human rights and constitutional guarantees of human dignity

,b. Universal principles of justice

c. Customs and traditions shown by their peers

d. All of the above

e. Only (a) and (b) are correct - ANSWER e. Only (a) and (b) are correct

Which of the following is true about justice reasoning?

a. The reasoner considers who pays the costs and who receives the benefits

b. The reasoner seeks a fair distribution to all affected

c. The reasoner relies upon some accepted rule or standard

d. All of the above - ANSWER b. The reasoner seeks a fair distribution to all
affected

Utilitarian reasoning primarily considers which of the following?

a. The end results of an action

b. The rights of the unprotected

c. The distribution of benefits

d. All of the above - ANSWER a. The end results of an action

The core components upon which a company's ethical performance depends
include:

a. The values and virtues of the managers

b. The personal character of the managers and employees

c. The traditions, attitudes, and business practices built into a company's
culture

, d. All of the above - ANSWER d. All of the above

Which component of an organizational ethical climate focuses on personal
morality and parallels the post conventional level of moral development?

a. Egoism

b. Benevolence

c. Principle - ANSWER c. Principle

Compliance-based and integrity based ethics programs are two approaches
to provide ethical awareness and directions to managers and employees.

a. True

b. False - ANSWER a. True

The creation of an ethics policy by itself is not sufficient and must be
followed up with which of the following to ensure that the policy's provisions
actually influence day-to-day company activities?

a. Staffing an ethics and compliance officer

b. Employee ethics training

c. Ethics audits

d. All of the above - ANSWER b. Employee ethics training

Which of the following statements is true regarding ethics and the law?

a. Laws cannot always define proper action

b. Ethical principles are broader than laws

c. Sometimes businesses or industries preempt legislation and voluntarily

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