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LES 305 EXAM 1 READING UPDATED Exam Questions and CORRECT Answers

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LES 305 EXAM 1 READING UPDATED Exam Questions and CORRECT Answers Ethics are the unwritten rules for behavior that are generally accepted in society. - CORRECT ANSWER - TRUE Ethical egoists believe that solving ethical dilemmas requires training and nurturing of virtues. - CORRECT ANSWER - FALSE

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January 17, 2025
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Written in
2024/2025
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LES 305 EXAM 1 READING UPDATED
Exam Questions and CORRECT
Answers
Ethics are the unwritten rules for behavior that are generally accepted in society. - CORRECT
ANSWER - TRUE


Ethical egoists believe that solving ethical dilemmas requires training and nurturing of virtues. -
CORRECT ANSWER - FALSE


You are silent while a coworker gets blamed for something you did. This activity falls in the
Giving or Allowing False Impressions category of Ethical Dilemmas. - CORRECT
ANSWER - TRUE


Committing acts of personal decadence, like driving home drunk after an office holiday party has
no relevance to business ethics - CORRECT ANSWER - FALSE


Tolerating someone else's unethical actions is not an ethical dilemma since you did not actually
commit any act that is unethical - CORRECT ANSWER - FALSE



"If we don't do it, someone else will" is a rationalization - CORRECT ANSWER - TRUE



Rationalizations prove that our conduct is ethical - CORRECT ANSWER - FALSE


Proponents of the Enlightened Self‑Interest School believe that a manager is responsible first to
shareholders, but serves them best by being responsible to larger society. - CORRECT
ANSWER - TRUE


The inherence view for business social responsibility is one that requires a company to do all that
it can for its community. - CORRECT ANSWER - FALSE

, The Ice-T case illustrates what can happen when managers don't take shareholders interests into
account when making business decisions - CORRECT ANSWER - TRUE


"I was just following orders" is a defense in law and a test for ethical behavior. - CORRECT
ANSWER - FALSE


A bank cuts off credit card payments received in the mail at 10am, even though the mail usually
arrives in the afternoon, which resulted in $29 late fees for numerous customers whose payments
arrived at 1 pm. This is an example of Taking Unfair Advantage. - CORRECT ANSWER -
TRUE


Compliance with the law meets all ethical standards - CORRECT ANSWER - FALSE


Part of Laura Nash's model for resolving ethical dilemmas is to ask, "What is the symbolic
potential of your action if understood? If misunderstood?" - CORRECT ANSWER -
TRUE


1. Re-labeling our conduct is one of the techniques that we use to avoid analyzing ethical
dilemmas. For example, we might use the term "peer-to-peer file sharing" to refer to copyright
infringement. [TRUE. See page 22. Source: Spring 2015 Exam 1.] - CORRECT
ANSWER - TRUE


"Giving or Allowing False Impressions" is one of the categories of ethical dilemmas according to
your textbook. - CORRECT ANSWER - TRUE


When we are rationalizing, we are not doing a thorough analysis of the ethical problem at hand. -
CORRECT ANSWER - TRUE


1. Under which school of social responsibility would you insist on full disclosure about all
relevant product information that could cause a health hazard to consumers?
a. The Social Responsibility School

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