ETHICS BUSINESS Q1-PRELIMS

It results from focusing on failures.

Select one:
a. Change blindness
b. No correct answer
c. Inattentional blindness

d. Normative myopia

Normative myopia

Select one:
a. occurs when decision-makers fail to see gradual changes over time.
b. is a shortsightedness of values.
c. results from focusing on failures.

d. All answers are correct

Only the management is obliged to make decisions in the business environment every day.

Select one:
a. False

b. True

Making sensible ethical choices does not require an understanding of ethical issues and a
prepared method for discovering the ethical sides of a decision and evaluating the
alternatives that should impact our choice of action.

Select one:
a. False

b. True

It occurs when decision-makers fail to see gradual changes over time.

Select one:
a. Change blindness
b. Inattetional blindness
c. No correct answer

d. Normative myopia

Vital decisions are easy to make with many people. Different personalities interfere with
reason and argument.

Select one:
a. True

b. False

The more difficult the ethical choice we have to make, the more we need to avoid difficult
people and situations.

Select one:
a. False

b. True

Business ethics is an instrument organizations use to guarantee managers, directors, or

executive officers act responsibly in different business situations.

Select one:
a. True

b. False

Which of the following is TRUE about ethics?

Select one:
a. Ethics requires pursuing traditionally accepted norms.
b. Ethics and feelings are the same.
c. Ethics is not a religion.

d. Ethics means to follow the law.

 Some traditions are relatively ethical, but others become corrupt or oblivious to certain
ethical manners.

Select one:
a. True

b. False

Personal integrity is the base for ethics.

Select one:
a. False

b. True

When the management team is leading a company in an ethical manner, their employees
follow suit.

Select one:
a. False

b. True

Utilitarian ethics

Utilitarian ethics
It is a principle that seeks to do the most good and restrict the amount of harm for each
individual.

Making sensible ethical choices does not require an understanding of ethical issues.

Select one:
a. True

b. False

Employees make better decisions efficiently without a governing standard.

Select one:
a. False
b. True

Busine

Business ethics
It is the applied ethics discipline that focuses on the moral aspects concerning business
activity.

The Rights Approach is an old approach to ethics is that ethical actions should be consistent
with certain virtues that provide for the full development of humankind.

Select one:
a. True

b. False

Integrity is an obligation, not a choice.

Select one:
a. False

b. True

The reputation of a business from other businesses, the community, and investors is
important in determining whether a company is a beneficial investment.

Select one:
a. True

b. False

Ethics

Ethics
It regards the moral judgments about right and wrong.

An old approach to ethics is that ethical actions should not be consistent with certain virtues
that provide for the full development of humankind.

Select one:
a. Rights Approach
b. Virtue Approach
c. Fairness or Justice Approach
d. Utilitarianism Approach

e. Common Good Approach

Ethical decision-making seeks to benefit the company as a whole, instead of allowin just one
individual gain from business decisions.

Select one:
a. False

b. True

Managers are

Select one:
a. responsible for interacting with external stakeholders such as customers, local
community, government officials, suppliers, or owners.
b. responsible for advocating ethical standards in their own behaviors and decisions.
c. accountable for the ethical conduct of those who report to them.

d. All of the answers are correct.

The Virtue Approach is ethical actions consistent with beliefs and habits that enable us to
act according to the best of our character and on behalf of values like honesty and truth.

Select one:
a. False

b. True

virtue
TheAnswer approach ocuses on the ideal characteristics required for promoting
employees for the company.

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The essence of business ethics extends beyond employee loyalty and morale or the strength
of a leadership bond.

Select one:
a. True

b. False

Proced

Procedural justice
is one that rules should be clearly stated and consistently and impartially enforced.

Inattentional blindness

Select one:
a. is a shortsightedness of values
b. All answers are correct.
c. occurs when decision-makers fail to see gradual changes over time.

d. results from focusing on failures.

This approach suggests that linked relationships of society are the foundation of ethical
reasoning and that reverence and concern for all others are conditions of such grounds.

Select one:
a. Utilitarian Approach
b. Virtue Approach
c. Fairness or Justice Approach
d. Rights Approach

e. Common Good Approach

Decisions taken within an organization may be made by individuals or groups, but whoever
makes the decisions will be affected by the culture of the company.
Select one:
a. True

b. False
espouses that moral behavior generates the greatest good for the vast majority.

Select one:
a. The Rights Approach
b. The Utilitarian Approach
c. No correct answer

d. The Equality Approach

Normative myopia

Select one:
a. results from focusing on failures.
b. occurs when decision-makers fail to see gradual changes over time.
c. is a shortsightedness of values.

d. All answers are correct

It maintains that moral decisions must be based on standards of equity, fairness and
impartiality.

Select one:
a. The Fairness Approach
b. The Common Good Approach
c. The Virtue Approach

d. No correct answer

The Rule of 7 states that for every individual you minus to a group beyond seven, decision
effectiveness declines by 10 percent.

Select one:
a. False
b. True

Making sensible ethical choices does not require an understanding of ethical issues and a
prepared method for discovering the ethical sides of a decision and evaluating the
alternatives that should impact our choice of action.

Select one:
a. True

b. False

Getting the facts is the first step to ethical decision-making.

Select one:
a. True

b. False

he Rights Approach is an old approach to ethics is that ethical actions should be consistent
with certain virtues that provide for the full development of humankind.

Select one:
a. True

b. False

he following account for the vast majority of poor decisions

Select one:
a. failure to consider alternatives explicitly
b. All answers are correct
c. to many people involved

d. an idealistic search for silver-bullet solutions

Practical reason is concerned with matters of fact and their explanation of value while
theoretical reason is concerned with matters of value abd their explanation.

Select one:
a. False
b. True

Change blindness

Select one:
a. occurs when decision-makers fail to see gradual changes over time.
b. is a shortsightedness of values
c. All answers are correct.

d. results from focusing on failures

There are five types of ethical standards: utilitarian, rights, fairness or justice, common good,
and virtue.

Select one:
a. False

b. True

Managers are

Select one:
a. accountable for the ethical conduct of those who report to them.
b. responsible for interacting with external stakeholders such as customers, local
community, government officials, suppliers, or owners.
c. All of the answers are correct.

d. responsible for advocating ethical standards in their own behaviors and decisions.

It suggests that linked relationships of society are the foundation of ethical reasoning and
that reverence and concern for all others are conditions of such grounds.

Select one:
a. The Equality Approach
b. The Common Good Approach
c. The Utilitarian Approach

d. The Virtue Approach

______ provide relevant insight for our ethical choices.

Select one:
a. Beliefs
b. Attitudes
c. Feelings

d. Habit

Beauty, empathy, courage, generosity, patience, love, loyalty, integrity, justice, self-control,
and prudence are all examples of virtues. Terminal values refer to preferable modes of
behavior.

Select one:
a. True

b. False

Laws can never be morally wrong or unethical.

Select one:
a. False

b. True

Making sensible ethical choices does not require an understanding of ethical issues and a
prepared method for discovering the ethical sides of a decision and evaluating the
alternatives that should impact our choice of action.

Select one:
a. True

b. False

The more difficult the ethical choice we have to make, the more we need to avoid difficult
people and situations.

Select one:
a. True

b. False
Ethics refers to

Select one:
a. standards of behavior that tell us how people should act in the many situations in which
they find themselves.
b. religion and spiritual well-being.
c. morals, values, principles and convictions.

d. paradigms, attitudes and actions.

Ethics is the ideology about right and wrong in the workplace distinguished by social
notions of the moral actions of people.

Select one:
a. True

b. False

Inattentional blindness

Select one:
a. results from focusing on failures.
b. is a shortsightedness of values
c. occurs when decision-makers fail to see gradual changes over time.

d. All answers are correct.

The theory of social responsibility and ethics only applies in a group context.

Select one:
a. True

b. False

Only Managers are obliged to make decisions in the business environment every day.

Select one:
a. False

b. True
The words and deeds of someone will be in agreement with the ethical standards of the
company when a person has a low degreee of integrity.

Select one:
a. False

b. True

Vital decisions are easy to make with many people. Different personalities interfere with
reason and argument.

Select one:
a. False

b. True

Acting and reflecting on the outcome is the last step to ethical decision-making.

Select one:
a. False

b. True

Maintaining social responsibility within an organization ensures the integrity of society and
the environment are protected.

Select one:
a. False

b. True

Practical reason tries to gauge the way things are while theoretical reason determines how
the world should be and what individuals should do.

Select one:
a. True

b. False
Managers are not accountable for the ethical conduct of their subordinates. This is made
possible by making sure employees are aware of the code of ethics of the organization and
have the opportunity to validate and clarify their misunderstanding.

Select one:
a. True

b. False

The approach of social responsibility is based on a system of ethics, in which decisions and
actions must be ethically ratified before proceeding.

Select one:
a. False

b. True

The Virtue Approach is ethical actions consistent with beliefs and habits that enable us to
act according to the best of our character and on behalf of values like honesty and truth.

Select one:
a. False

b. True

The character approach is the most familiar since most ethics education is based on
character.

Select one:
True

False

Rule utilitarianism is usually deemed as the most natural interpretation of the utilitarian
ideal.

Select one:
True

False
People using the principle approach often ask such questions as "What's the bottom line?"
"What effect will this have?" "What good will this bring about?" and "Will this help in the
long run?"

Select one:
True

False

The character approach analyzes a person's or group's intentions, inclinations, and motives
and then creates a moral judgment of the person's or group's character.

Select one:
True

False

It follows that if people neglect their duties, then other people’s rights may be neglected.
 

Select one:
True

False
The virtue framework addresses the elements of individual characters and disposition which
deepen one's humanity and engender one's relationships with other.

Select one:
True

False

Rule utilitarianism mainly poses the question "What effect would everyone's doing this
action have on the general balance of good over evil?"

Select one:
True

False
Rule utilitarianism emphasizes the specific situations and the many individual features of the
circumstances that offer moral problems, and it presents a simple method for
addressing these individual cases. 

Select one:
True

False

Intelligent and good-hearted people all share the same values and hold similar opinions
about which values should abound.

Select one:
True

False

An utilitarianism generally asks  the question "What effect will this act have in this situation
on the general balance of good over evil?"

Select one:
True

False