Question 1 The idea that a manager can do whatever he wants as long as he does n

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Question 1

The idea that a manager can do whatever he wants as long as he does not break the law is the fundamental premise in which ethical principle?

Select one:

a. Principle of equal freedom.

b. Conventionalist ethic.

c. Doctrine of the mean.

d. Disclosure rule.

Question 2

“Do unto others as you would have them do unto you” is the basic premise in which ethical principle?

Select one:

a. The Golden Rule

b. Doctrine of the mean.

c. Organization ethic.

d. Rights ethic.

Question 3

If a company issues ethics guidelines that include the statement: “If an action feels wrong, don’t do it,” the company is applying which ethical principle?

Select one:

a. Intuition ethic.

b. Ends-means ethic.

c. Equal freedom principle.

d. Theory of justice

Question 4

The idea that the needs of workers should be subordinate to the needs of the organization is the basis of which ethical principle?

Select one:

a. Categorical imperative.

b. Organization ethic.

c. Intuition ethic.

d. Disclosure rule.

Question 5

The idea that every individual has rights that need to be respected by others is fundamental to which ethical principle?

Select one:

a. Intuition ethic.

b. Organization ethic.

c. Rights ethic

d. Disclosure rule.

Question 6

Which ethical theory postulates that people must act for the common good of the society in which they live?

Select one:

a. Disclosure rule.

b. Theory of justice.

c. Ends-means ethic.

d. Might-equals-right ethic.

Question 7

Classical Economic Theory states that corporations:

Select one:

a. Are obligated to give to charity.

b. Are required to employ as many workers as possible.

c. Meet their corporate social responsibility by behaving in a competitive manner.

d. All of the above.

Question 8

The Stakeholder Model argues that corporate social responsibility:

Select one:

a. includes charitable giving.

b. varies with comapny characteristics.

c. must comply with the Social Contract.

d. All of the above.

Question 9

a. May not be able to adequately account for different political and social customs in other countries.

b. Are regulated by the World Bank.

c. Must be voted on by all stakeholders.

d. All of the above.

Question 10

Which of the following is consistent with a corporation's Social Contract?

Select one:

a. Running a sustainable business.

b. Meeting the needs of all of its major stakeholder groups.

c. Following its Code of Conduct.

d. All of the above.

Explanation / Answer

1. The idea that a manager can do whatever he wants as long as he does not break the law is the fundamental premise in conventionalist ethic principle.Because a conventionalist ethic in business is like a game with permissive ethics and any action that does not violate the law is permitted.

2. “Do unto others as you would have them do unto you” is the basic premise in golden rule ethical principle.

3. If a company issues ethics guidelines that include the statement: “If an action feels wrong, don’t do it,” the company is applying Intuition ethic principle.

4. The idea that the needs of workers should be subordinate to the needs of the organization is the basis of which organization ethic principle.

5. The idea that every individual has rights that need to be respected by others is fundamental to rights ethic principle.

6. Theory of Justice postulates that people must act for the common good of the society in which they live.

7. Classical Economic Theory states that corporations by meet their corporate social responsibility by behaving in a competitive manner.

8. The Stakeholder Model argues that corporate social responsibility must comply with the Social Contract.

10. Following its Code of Conduct is consistent with a corporation's Social Contract.

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