OpenStax Business Ethics Test Bank
Chapter 2: Ethics from Antiquity to the Present
Chapter 2: Ethics from Antiquity to the Present
* = Correct answer
Multiple Choice/Fill in the Blank
1. Ethics are the ________ to which we hold ourselves accountable in our professional and
personal lives.
A. high-level manners
B. standards of behavior*
C. utmost conduct
D. challenges in decision-making
Difficulty: Easy
Blooms: Understand
AACSB: Ethics, Application
2. As a form of philosophy, ethics was a major focus of ancient Athens leaders, including
Aristotle, Socrates, and ________.
A. Pythagoras
B. Plato*
C. Parmenides
D. Hippocrates
Difficulty: Easy
Blooms: Remember
AACSB: Ethics
3. Which of the following best exemplifies what Ancient Athenian ethicists believed?
A. Ethics applies solely to business decision-making.
B. Ethics is about what someone does.
C. Ethics is the guiding principle for dealing with others.*
D. Ethics does not apply to the commerce and money.
Difficulty: Moderate
Blooms: Apply
AACSB: Application
4. Virtue ethics is an ethical system based on the exercise of which virtues?
A. courage, decorum, and accountability
B. courage, honor, and loyalty*
C. conscientiousness, honor, and accountability
D. courage, decency, and leadership
Difficulty: Moderate
Blooms: Understand
Page 1 of 12
, OpenStax Business Ethics Test Bank
Chapter 2: Ethics from Antiquity to the Present
AACSB: Ethics, Application
5. Which answer explains an aspect of teleology?
A. The goal of human beings is eudaimonia.*
B. Happiness is attained through wealth.
C. The function of man is soulfulness.
D. Humans are genetically coded to be happy.
Difficulty: Moderate
Blooms: Understand
AACSB: Ethics
6. Which of the following are considered intellectual virtues? (Select all that apply.)
A. wisdom or sophíā*
B. prudence or phronesis
C. eudaimonia or happiness*
D. knowledge or epistḗmē*
Difficulty: Moderate
Blooms: Remember
AACSB: Ethics
7. How did Aristotle reconcile his distrust of business?
A. He viewed those outside economic and political circles as virtuous.
B. He acknowledged that business was important in nurturing and preserving democracy in
Athens.*
C. He believed one secures one’s own good outside of political science.
D. He thought money should only be allowed for those in trades.
Difficulty: Moderate
Blooms: Analyze
AACSB: Analytical
8. How do reason and control apply in a business context?
A. The culture of an organization requires a bottom-line mentality.
B. They bear directly on corporate culture, leadership, and management.*
C. Strategic planning and wealth creation are virtue ethics.
D. Leadership is the guidepost for corporate change.
Difficulty: Easy
Blooms: Apply
AACSB: Application
9. The basic unit of utilitarianism is a util, which acts as a ________.
A. management directive
B. monetary unit*
Page 2 of 12
Chapter 2: Ethics from Antiquity to the Present
Chapter 2: Ethics from Antiquity to the Present
* = Correct answer
Multiple Choice/Fill in the Blank
1. Ethics are the ________ to which we hold ourselves accountable in our professional and
personal lives.
A. high-level manners
B. standards of behavior*
C. utmost conduct
D. challenges in decision-making
Difficulty: Easy
Blooms: Understand
AACSB: Ethics, Application
2. As a form of philosophy, ethics was a major focus of ancient Athens leaders, including
Aristotle, Socrates, and ________.
A. Pythagoras
B. Plato*
C. Parmenides
D. Hippocrates
Difficulty: Easy
Blooms: Remember
AACSB: Ethics
3. Which of the following best exemplifies what Ancient Athenian ethicists believed?
A. Ethics applies solely to business decision-making.
B. Ethics is about what someone does.
C. Ethics is the guiding principle for dealing with others.*
D. Ethics does not apply to the commerce and money.
Difficulty: Moderate
Blooms: Apply
AACSB: Application
4. Virtue ethics is an ethical system based on the exercise of which virtues?
A. courage, decorum, and accountability
B. courage, honor, and loyalty*
C. conscientiousness, honor, and accountability
D. courage, decency, and leadership
Difficulty: Moderate
Blooms: Understand
Page 1 of 12
, OpenStax Business Ethics Test Bank
Chapter 2: Ethics from Antiquity to the Present
AACSB: Ethics, Application
5. Which answer explains an aspect of teleology?
A. The goal of human beings is eudaimonia.*
B. Happiness is attained through wealth.
C. The function of man is soulfulness.
D. Humans are genetically coded to be happy.
Difficulty: Moderate
Blooms: Understand
AACSB: Ethics
6. Which of the following are considered intellectual virtues? (Select all that apply.)
A. wisdom or sophíā*
B. prudence or phronesis
C. eudaimonia or happiness*
D. knowledge or epistḗmē*
Difficulty: Moderate
Blooms: Remember
AACSB: Ethics
7. How did Aristotle reconcile his distrust of business?
A. He viewed those outside economic and political circles as virtuous.
B. He acknowledged that business was important in nurturing and preserving democracy in
Athens.*
C. He believed one secures one’s own good outside of political science.
D. He thought money should only be allowed for those in trades.
Difficulty: Moderate
Blooms: Analyze
AACSB: Analytical
8. How do reason and control apply in a business context?
A. The culture of an organization requires a bottom-line mentality.
B. They bear directly on corporate culture, leadership, and management.*
C. Strategic planning and wealth creation are virtue ethics.
D. Leadership is the guidepost for corporate change.
Difficulty: Easy
Blooms: Apply
AACSB: Application
9. The basic unit of utilitarianism is a util, which acts as a ________.
A. management directive
B. monetary unit*
Page 2 of 12
