hapter7917 9 Why79Study79Ethics?
1) Which79of79the79following79statements79is79decisive79in79determining79whether79or79not79to79stud
y79business79ethics?
A) Business79managers79don't79need79to79study79ethics79in79order79to79know79how79to79treat79
employees,79shareowners,79and79customers.
B) Business79and79ethics79simply79don't79mix.79In79the79final79analysis,79self-
interest,79represented79by79profit,79overrides79the79interests79of79employees,79customers,79and79com
munities.79Opinion79and79sentiment79get79in79the79way79of79efficient79business79decision79making.
C) Ethical79concerns79are79as79unavoidable79in79business79as79are79concerns79of79marketing,79acc
ounting,79finance,79and79human79resources.79Formal79study79of79business79ethics79helps79address7
9these79concerns79so79that79businesses79can79integrate79ethics79in79their79decision79making.
D) The79answers79to79ethical79questions79are79clear-
cut79enough;79all79business79people79already79know79right79from79wrong.
Answer:7 9 C
Accessibility:7 9 Keyboard79Navigation
2) Which79of79the79following79statements79correctly79describes79the79relationship79between79philos
ophical79ethics79and79ethos?
A) Individuals79who79obey79the79conventions,79mores,79and79rules79of79their79cultures79are79alrea
dy79acting79ethically.79No79further79philosophical79reflection79is79required.
B) Philosophical79ethics79distinguishes79what79people79do79value79from79what79they79should79value.
C) What79people79do79value79and79should79value79is,79for79all79practical79purposes,79the79same.
D) Philosophical79ethics79is79too79abstract79to79be79useful79in79everyday79life79situations.79Foll
owing79the79mores79and79customs79of79one's79culture79is79a79more79dependable79way79to79mak
e79moral79decisions.
Answer:7 9 B
Accessibility:7 9 Keyboard79Navigation
3) Ethics79refers79to79the79beliefs,79values,79and79principles79that79guide79a79person's79life79and79decis
ions.
Answer:7 9 TRUE
Accessibility:7 9 Keyboard79Navigation
4) Ethical79behavior79and79an79ethical79reputation79can79provide79a79competitive79advanta
ge79in79the79marketplace79and79with79customers,79suppliers,79and79employees.
Answer:7 9 TRUE
Accessibility:7 9 Keyboard79Navigation
1
Copyright79201979©79McGraw-
Hill79Education.79All79rights79reserved.79No79reproduction79or79distribution79without79the79prior79written79consen
t of McGraw-Hill Education.
,5) In79a79society79that79values79individual79freedom,79everything79that79is79legal79is79ethically
79right79and79everything79that79is79ethically79wrong79is79illegal.
Answer:7 9 FALSE
Accessibility:7 9 Keyboard79Navigation
6) Unlike79Generally79Accepted79Accounting79Principles79(GAAP)79for79accountants,79there7
9are79no79principles,79standards,79concepts,79or79values79common79to79business79ethics.
Answer:7 9 FALSE
Accessibility:7 9 Keyboard79Navigation
7) The79role79of79an79ethics79course79should79be79to79convey79information79to79a79passive79audi
ence,79while79treating79students79as79passive79learners.
Answer:7 9 FALSE
Accessibility:7 9 Keyboard79Navigation
8) The79unexamined79life,79according79to79Socrates,79is79not79worth79living.
Answer:7 9 TRUE
Accessibility:7 9 Keyboard79Navigation
9) Business79ethics79is79concerned79more79with79reasoning79than79answers.
Answer:7 9 TRUE
Accessibility:7 9 Keyboard79Navigation
10) If79something79is79seriously79wrong,79the79law79will79prohibit79it.79Consequently,79it's79enough7
9to79rely79on79the79law79for79deciding79what's79right79or79wrong.
Answer:7 9 FALSE
Accessibility:7 9 Keyboard79Navigation
11) Ethics79and79ethos79are79the79same79thing.
Answer:7 9 FALSE
Accessibility:7 9 Keyboard79Navigation
12) Philosophical79ethics79denies79that79conformity79and79obedience79are79the79best79guides79to
79how79we79should79live.
Answer:7 9 FALSE
Accessibility:7 9 Keyboard79Navigation
2
Copyright79201979©79McGraw-
Hill79Education.79All79rights79reserved.79No79reproduction79or79distribution79without79the79prior79written79consen
t of McGraw-Hill Education.
, 13) According79to79philosophical79ethics,79a79simple79acceptance79of79customary79norms79is79an7
9adequate79ethical79perspective.
Answer:7 9 FALSE
Accessibility:7 9 Keyboard79Navigation
14) Philosophical79ethics79distinguishes79what79people79do79value79from79what79they79should79value.
Answer:7 9 TRUE
Accessibility:7 9 Keyboard79Navigation
15) The79major79reason79to79study79ethics79is79to79be79able79to79answer79questions79such79as79"w
hat79should79I79do?"79or79"what79type79of79person79should79I79be?"79or79"how79shall79I79live79in7
9my79community?"
Answer:7 9 TRUE
Accessibility:7 9 Keyboard79Navigation
16) Gatekeepers79are79those79people79and79institutions79whose79role79is79to79provide79checks79on79
illegal79and79unethical79behavior.
Answer:7 9 TRUE
Accessibility:7 9 Keyboard79Navigation
17) A79skeptical79challenge79to79business79ethics79is79that79there79is79no79common79rational79basis79
for79making79ethical79judgments.
Answer:7 9 TRUE
Accessibility:7 9 Keyboard79Navigation
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Copyright79201979©79McGraw-
Hill79Education.79All79rights79reserved.79No79reproduction79or79distribution79without79the79prior79written79consen
t of McGraw-Hill Education.