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Business Ethics Exam
Business Ethics Exam MCQs
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According to Crane and Matten (2010) Business ethics is the study of business situations, activities and decisions where.
entrepreneurial opportunities are evaluated
maximising profit is reconciled with society's expectations
issues of right and wrong are addressed
examples of corporate misbehaviour are highlighted
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Which of the following is not a Millennium Development Goal?
Reduce child mortality
Achieve universal primary education
Eradicate extreme poverty and hunger
Reduce domestic violence
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Which of the following statements is incorrect?
In Europe, corporate codes of ethics are the key guidelines for ethical behaviour.
In Asia, top management is responsible for ethical conduct in business.
In North America, the dominant approach to stakeholder management is a focus on shareholder value.
In Asia, managerial discretion is the key guideline for ethical behaviour.
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Milton Friedman (1971) famously developed the Business Separation Thesis. Which of the following statements is not part of this view?
Only human have moral responsibility.
Business's first responsibility is to make profit
Social costs and benefits must be accounted for at consumer prices
Social issues and problems are the responsibility of the government
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According to Carrol's (1975, 1979) model of CSR, which of the following business responsibilities does society desire from businesses, rather tha...
Legal responsibilities
Environmental responsibilities
Philanthropic responsibilities
Economic responsibilities
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Which is not an essential feature of a corporation?
Evidence to suggest that legal designation of a corporation makes it unable to be anything but altruistic
A corporation is essentially defined in terms of legal status and the ownership of assets
Corporations are typically regarded as 'artificial persons' in the eyes of the law
Corporations are notionally 'owned' by shareholders, but exist independently of them
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Which statement is correct about ethical relativism?
There are universal truths about what is right and wrong
Morality is not context-specific
Ethical decisions depend on the culture of the decision-maker
Universal rights can be rationalized
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What are distribution dilemmas not concerned with?
Benefits of the many vs. the few
Distributive injustice
The Pygmalion effect
Positive unfairness
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John Stuart Mills would not agree with which of the following statements?
Ethical is what generates the greatest happiness for the greatest number of people
Lying is sometimes a possible alternative, depending on the outcome.
The ends justify the means
The actions are more important than the consequences
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Which of the following is a personal factor influencing ethical decision-making?
Locus of control
Moral intensity
Moral framing
Work roles
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The extent to which unequal distribution of hierarchy and status is accepted and respected signifies which of Hofstede's five cultural dimensions...
Uncertainty avoidance
Individualism / collectivism
Masculinity / femininity
Power distance
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Moral intensity is influenced by a number of factors. Which one is not one of them?
Magnitude of consequences
Personal values
Probability of effect
Social consensus
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Which of the following is an informal way of implementing codes of conducts?
Course of training
Employee surveys
Guidelines for making difficult decisions/decision trees
Conducting an annual ethics audit
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There are four main ways of approaching business ethics management. Which one is not one of them?
Compliance orientation
Shareholder orientation
Values orientation
External orientation
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Which one of the following is not one of the four main types of ethical codes?
Organizational or corporate codes of ethics
Professional codes of ethics
Industry codes of ethics
Certification codes of ethics
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Which of the following statements is correct? Managers are entrusted with...
the duty to run the company in the interest of its shareholders
the duty of care and skill
the duty to act for the benefit of the company
All of the above
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Which is not an ethical issue attributed to the global financial markets of today?
Public reporting of financial accounts
National security and protectionism
Speculation
Unfair competition with developing countries
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Which is an example of positive criteria for ethical investment?
Nuclear power
Genetic engineering
Green technologies
Weapons industry
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Which of the following issues is not included in the employee right to freedom from discrimination?
Equal opportunities
Affirmative action
Occupational health and safety
Reverse discrimination
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'Presenteeism' is a common cultural force in many organizations. But what is it?
Social pressure to give gifts to colleagues upon return from a business trip
The phenomenon of being at work when your should be at home recovering from illness or enjoying time off
The assumption that an employee can only work effectively in the workplace
Pressure to attend company social events
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Affirmative action against discrimination manifests itself through four main areas. Which of the following is not one of them?
Recruitment policies
Promotion to senior positions
Training programmes for discriminated minorities
Preferential treatment
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Which is not a strategy to generate more sustainable consumption?
Producing environmentally responsible products
Increasing demand
Product recapture
Service replacements for products
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Which is not an ethical issue in relation to marketing communication?
Misleading claims
Intrusiveness
Gifts and bribes
Reinforcing stereotypes
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The UK's Advertising Standards Authority does not require advertisements to be
Legal
Timely
Decent
Honest
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Which is a 'dirty trick' tactic between competitors?
Negative advertising
Stealing customers
Predatory pricing
All of the above
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Which best defines the Chinese practice of guanxi?
A system of personal connections that carries long-term relationships
A system of business connections that carries long-term relationships
A system of personal connections that carries short-term relationships
A system of business connections that carries short-term relationships
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Which best defines 'ethical sourcing'?
The inclusion of social, ethical and /or environmental criteria into the supply chain management
A commitment to only use fair trade suppliers
The inclusion of profit maximisation criteria in the supply chain management
A commitment to only use sustainable suppliers
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Civil Society Organisations employ a number of different tactics. Which is not a nonviolent direct action?
Demonstrations and marches
Boycotts
Rioting
Occupations
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Increasingly, Civil Society Organizations and businesses collaborate more, each for their own reasons. Which of the following reasons applies to both ...
Consumer expectations
Cross-fertilizations of thinking
Avoidance of negative public confrontation
Access to crucial supply chains
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Which statement is incorrect: Promotional groups:
tend to have open membership
use consultation as their main approach
tend to represent issues and causes
have a social aims
