Management Ethics 311 Exam With Complete
Solutions 2025-2026
classcial view - ANSWER the view that management's only social responsibility is to
maximize profits
socioeconomic view - ANSWER the view that managements social responsibility goes
beyond profits to include protecting and improving society's welfare
theological voluntarism - ANSWER moral principles are established by God and the
Divine Command is whatever God deems correct
ABSOLUTE ETHICS(MORAL ABSOLUTISM) - ANSWER there is one universal moral code
which is final and applies to all men. this code wont change
MORAL RELATIVISM - ANSWER there is no absolute moral code and moral judgements
are true or false relative to one standpoint
ABSOLUTE - ANSWER some things are always right and others are always wrong
RELATIVE - ANSWER each situation is different so should be handled differently
nihilist - ANSWER a person who believes that life is meaningless and rejects all religious
and moral principles impossible to argue with a nihilist
hedonist - ANSWER a person who believes that the pursuit of pleasure is the most
important thing in life: a pleasure seeker
, narcissist - ANSWER a person who has an excessive interest in or admiration of
themselves
nepotism - ANSWER the practice among those with the power or influence of favouring
relatives, friends or associates by giving them jobs
right - ANSWER a moral or legal entitlement to have or obtain something or act in a
certain way: everyone is offered regardless of their contribution to society
privilege - ANSWER a right, advantage, or opportunity available only to a particular
person or group: extra advantages we gain but are not formal entitlements. ex: good
job, driving license, attending university
critical thinking - ANSWER the dispassionate examination and judgment of an issue in
order to form an opinion
fallacy of logic - ANSWER a defect in reasoning that may be intentional or unintentional.
a formal fallacy has a defect in its form and an informal fallacy has a defect in its content
red herring fallacy - ANSWER change the subject and divert attention from the original
issue
ad hominem fallacy - ANSWER this is an attack upon the person rather than the
argument itself, someone can't defend their position so they attack the person
association fallacy - ANSWER a logical fallacy that involves an attack on a person
because of some imagined connection to something else that is irrelevant to the issue at
hand
kafka trap - ANSWER to use denial as evidence of guilt: denial is proof of guilt you are
guilty until proven innocent (circular argument)
strawman fallacy - ANSWER when someone distorts or misrepresents an opponent's
Solutions 2025-2026
classcial view - ANSWER the view that management's only social responsibility is to
maximize profits
socioeconomic view - ANSWER the view that managements social responsibility goes
beyond profits to include protecting and improving society's welfare
theological voluntarism - ANSWER moral principles are established by God and the
Divine Command is whatever God deems correct
ABSOLUTE ETHICS(MORAL ABSOLUTISM) - ANSWER there is one universal moral code
which is final and applies to all men. this code wont change
MORAL RELATIVISM - ANSWER there is no absolute moral code and moral judgements
are true or false relative to one standpoint
ABSOLUTE - ANSWER some things are always right and others are always wrong
RELATIVE - ANSWER each situation is different so should be handled differently
nihilist - ANSWER a person who believes that life is meaningless and rejects all religious
and moral principles impossible to argue with a nihilist
hedonist - ANSWER a person who believes that the pursuit of pleasure is the most
important thing in life: a pleasure seeker
, narcissist - ANSWER a person who has an excessive interest in or admiration of
themselves
nepotism - ANSWER the practice among those with the power or influence of favouring
relatives, friends or associates by giving them jobs
right - ANSWER a moral or legal entitlement to have or obtain something or act in a
certain way: everyone is offered regardless of their contribution to society
privilege - ANSWER a right, advantage, or opportunity available only to a particular
person or group: extra advantages we gain but are not formal entitlements. ex: good
job, driving license, attending university
critical thinking - ANSWER the dispassionate examination and judgment of an issue in
order to form an opinion
fallacy of logic - ANSWER a defect in reasoning that may be intentional or unintentional.
a formal fallacy has a defect in its form and an informal fallacy has a defect in its content
red herring fallacy - ANSWER change the subject and divert attention from the original
issue
ad hominem fallacy - ANSWER this is an attack upon the person rather than the
argument itself, someone can't defend their position so they attack the person
association fallacy - ANSWER a logical fallacy that involves an attack on a person
because of some imagined connection to something else that is irrelevant to the issue at
hand
kafka trap - ANSWER to use denial as evidence of guilt: denial is proof of guilt you are
guilty until proven innocent (circular argument)
strawman fallacy - ANSWER when someone distorts or misrepresents an opponent's
