MCQs, True False, Essay Questions with Answers
, Fugate, Managing Business Ethics, 2e
Chapter 1 - Complete Test Bank
Multiple Choice Questions
1. Which approach to ethics uses the outcomes or results of an individual's, group's, or organization's actions
to determine its ethicality?
A. universalism
B. egoism
C. consequentialism
D. virtue ethics
Correct Answer: C. consequentialism
2. The ______ approach to ethics applies when the motive is the greatest good for the greatest number of people
or organizations.
A. utilitarian
B. deontological
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C. consequentialist
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D. teleological
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Correct Answer: A. utilitarian
3. What is one benefit of celebrating business ethics victories?
A. It reduces the need for ethical guidelines.
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B. It encourages learning from mistakes.
C. It justifies ethical actions.
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D. It creates a competitive environment.
Correct Answer: B. It encourages learning from mistakes.
4. The focus of teleological ethics is the ______.
A. means of an action
B. personal traits involved
C. outcomes or results of actions
D. legal standards
Correct Answer: C. outcomes or results of actions
5. What is the final step in the 3−Dimensional Problem−Solving approach for ethics?
A. define the problem
B. determine the causes
C. describe the solutions
D. solve the problem
Correct Answer: C. describe the solutions
6. What does "teleos" mean in the context of teleological ethics?
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, A. means
B. ends
C. actions
D. intentions
Correct Answer: B. ends
7. When using the stakeholder approach to decision−making, which affected group should be considered first?
A. special interest groups
B. customers
C. media outlets
D. trade groups
Correct Answer: B. customers
8. A U.S. employer is faced with a hiring decision involving potential nepotism. What ethical considerations
should they consider before moving forward?
A. personal benefits
B. company profits
C. candidate qualifications
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D. employee requests
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Correct Answer: C. candidate qualifications
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9. When making a decision about the future of their company's sustainability efforts, an employer seeks to
understand how their local community would be affected by their proposed actions. What ethical approach is
the employer using in this scenario?
A. deontological ethics
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B. stakeholder approach
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C. virtue ethics
D. shareholder approach
Correct Answer: B. stakeholder approach
10. Apply the 3−Dimensional Problem Solving for Ethics (3D PSE) to an ethical dilemma at work. What is the first
step?
A. discuss the solutions
B. determine the causes
C. define the problem
D. describe stakeholder impact
Correct Answer: C. define the problem
11. An employee wants to find work that is socially and personally significant. This employee is looking to find a
career that includes ______.
A. meaningful work
B. remote work
C. virtue ethics
D. relativistic ethics
Correct Answer: A. meaningful work
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, 12. How would you apply the concept of "moral humility" in a leadership role?
A. avoid admitting misconduct to your employees
B. recognize that everyone can make ethical mistakes
C. limit discussions of ethical misconduct in the workplace
D. ignore ethical issues unless they affect the profitability
Correct Answer: B. recognize that everyone can make ethical mistakes
13. Which describes the relationship between legality and ethics?
A. Legal actions are always ethical.
B. Legal and ethical actions are synonymous.
C. Many legal actions are unethical.
D. Ethical actions are always legal.
Correct Answer: C. Many legal actions are unethical.
14. Which of the following is true about most unethical business conduct?
A. It is legal.
B. It is unavoidable.
C. It is always reported.
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D. It results in legal action.
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Correct Answer: A. It is legal.
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15. What does the term "stakeholders" refer to in this chapter?
A. shareholders and employees
B. entities affected by or affecting an organization
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C. legal bodies that govern organizations
D. competitors in the market
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Correct Answer: B. entities affected by or affecting an organization
16. What is one main benefit of remote work?
A. higher salaries
B. greater employee flexibility
C. reduced employee work hours
D. lower tax costs for the employer
Correct Answer: B. greater employee flexibility
17. What does the term "moral humility" mean?
A. recognizing that ethical misconduct is common
B. being humble in all of your interactions
C. avoiding ethical mistakes
D. acknowledging that everyone makes mistakes
Correct Answer: D. acknowledging that everyone makes mistakes
18. Which question do people who take a virtuous approach to business ethics ask before making a decision?
A. What will maximize profitability?
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