STRAIGHTERLINE BUSINESS ETHICS FINAL
EXAM PAPER 2026 COMPLETE REVIEW
QUESTIONS AND SOLUTIONS VERIFIED
100% CORRECT
⩥ Which of the following observations is true? Answer: The law cannot
anticipate every new dilemma that businesses might face
⩥ _____ reasoning is reasoning about what we should believe Answer:
theoretical
⩥ Which of the following can be thought of as the answer to the
fundamental questions of theoretical reason? Answer: The scientific
method
⩥ _____ refers to shortsightedness about values Answer: Normative
myopia
⩥ Identify the true statement about normative myopia Answer: It refers
to the shortsightedness about values
⩥ Identify the social role from the following Answer: citizen, brother,
mother etc.
,⩥ When making a decision, selecting the alternative that meets the
minimum decision criteria is selected is known as _____. Answer:
satisficing
⩥ Identify the institutional role from the following Answer: teacher,
librarian, etc.
⩥ What is the difference between a principle-based framework of ethics
and utilitarianism? Answer: Ethics of principles is based on rules,
whereas utilitarianism is based on consequences.
⩥ Utilitarianism has been called a Answer: consequentialist approach to
ethics
⩥ Identify the statement that most accurately describes the difference
between the market and the administrative versions of utilitarianism
Answer: The administrative version of utilitarianism turns to policy
experts for the design and implementation of policies.
⩥ The concept of human rights is central to which of the following
ethical traditions? Answer: Principle-based ethical tradition
, ⩥ Which of the following is a reason why a rights-based framework of
ethics would object to child labor? Answer: Such practices violate our
duty to treat children with respect
⩥ An ethics of _____ shifts the focus from questions about what a
person should do, to a focus on who that person is. Answer: virtue
⩥ _____ understandings of social justice argue that freedom from
coercion by others is the most central element of social justice Answer:
Libertarian
⩥ Identify a true statement about corporate cultures Answer: Corporate
cultures influence, limit, and shape the decision making within a firm
⩥ Unlike the goals of a more evolved and inclusive ethics program, the
goals of a traditional compliance-oriented program include Answer:
minimizing the risks of litigation and indictment
⩥ Identify a true statement about a compliance-based culture Answer: A
compliance-based culture is only as strong and as precise as the rules
which workers are expected to follow
⩥ Which of the following is an essential element in establishing an
ethical leadership? Answer: The end or objective toward which the
leader leads
EXAM PAPER 2026 COMPLETE REVIEW
QUESTIONS AND SOLUTIONS VERIFIED
100% CORRECT
⩥ Which of the following observations is true? Answer: The law cannot
anticipate every new dilemma that businesses might face
⩥ _____ reasoning is reasoning about what we should believe Answer:
theoretical
⩥ Which of the following can be thought of as the answer to the
fundamental questions of theoretical reason? Answer: The scientific
method
⩥ _____ refers to shortsightedness about values Answer: Normative
myopia
⩥ Identify the true statement about normative myopia Answer: It refers
to the shortsightedness about values
⩥ Identify the social role from the following Answer: citizen, brother,
mother etc.
,⩥ When making a decision, selecting the alternative that meets the
minimum decision criteria is selected is known as _____. Answer:
satisficing
⩥ Identify the institutional role from the following Answer: teacher,
librarian, etc.
⩥ What is the difference between a principle-based framework of ethics
and utilitarianism? Answer: Ethics of principles is based on rules,
whereas utilitarianism is based on consequences.
⩥ Utilitarianism has been called a Answer: consequentialist approach to
ethics
⩥ Identify the statement that most accurately describes the difference
between the market and the administrative versions of utilitarianism
Answer: The administrative version of utilitarianism turns to policy
experts for the design and implementation of policies.
⩥ The concept of human rights is central to which of the following
ethical traditions? Answer: Principle-based ethical tradition
, ⩥ Which of the following is a reason why a rights-based framework of
ethics would object to child labor? Answer: Such practices violate our
duty to treat children with respect
⩥ An ethics of _____ shifts the focus from questions about what a
person should do, to a focus on who that person is. Answer: virtue
⩥ _____ understandings of social justice argue that freedom from
coercion by others is the most central element of social justice Answer:
Libertarian
⩥ Identify a true statement about corporate cultures Answer: Corporate
cultures influence, limit, and shape the decision making within a firm
⩥ Unlike the goals of a more evolved and inclusive ethics program, the
goals of a traditional compliance-oriented program include Answer:
minimizing the risks of litigation and indictment
⩥ Identify a true statement about a compliance-based culture Answer: A
compliance-based culture is only as strong and as precise as the rules
which workers are expected to follow
⩥ Which of the following is an essential element in establishing an
ethical leadership? Answer: The end or objective toward which the
leader leads
