LES 305 Exam 1 ACTUAL 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; This is the approach of virtue ethicists
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; This behavior may
damage the reputations of the employee and the person or organization that hired him or her.
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 dont 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
Virtue ethicists believe that solving ethical dilemmas requires training and nurturing of virtues
such as, caring, compassion, fairness, generosity, and integrity - 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. Proponents of this theory focus
on shareholders.
Whether "everyone else does it" is one method for evaluating the ethics of a particular course of
action. - CORRECT ANSWER - False. It indicates that you are using rationalizations to
avoid thorough analysis of the issue.
The Ice-T case illustrates what can happen when managers don't take shareholders interests into
account when making business decisions. - CORRECT ANSWER - True. Management
should have anticipated adverse shareholder reaction
"I was just following orders" is a defense in law and a test for ethical behavior. - CORRECT
ANSWER - False. If you use this rationalization you may be in ethical and legal trouble
Blanchard and Peale advise managers to ask, "How does it make me feel"? among other
questions and managers are advised to refrain from activities that make them feel uneasey. -
CORRECT ANSWER - True
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. The
law is the minimum standard of conduct for ethical behavior.
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
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; This is the approach of virtue ethicists
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; This behavior may
damage the reputations of the employee and the person or organization that hired him or her.
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 dont 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
Virtue ethicists believe that solving ethical dilemmas requires training and nurturing of virtues
such as, caring, compassion, fairness, generosity, and integrity - 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. Proponents of this theory focus
on shareholders.
Whether "everyone else does it" is one method for evaluating the ethics of a particular course of
action. - CORRECT ANSWER - False. It indicates that you are using rationalizations to
avoid thorough analysis of the issue.
The Ice-T case illustrates what can happen when managers don't take shareholders interests into
account when making business decisions. - CORRECT ANSWER - True. Management
should have anticipated adverse shareholder reaction
"I was just following orders" is a defense in law and a test for ethical behavior. - CORRECT
ANSWER - False. If you use this rationalization you may be in ethical and legal trouble
Blanchard and Peale advise managers to ask, "How does it make me feel"? among other
questions and managers are advised to refrain from activities that make them feel uneasey. -
CORRECT ANSWER - True
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. The
law is the minimum standard of conduct for ethical behavior.
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
