Comprehensive Final Quiz_ PHI 261-81_ Ethical Issues in Business (SP24)
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School
University of North Carolina, Chapel Hill *
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Course
105
Subject
Philosophy
Date
Feb 20, 2024
Type
Pages
7
Uploaded by SuperHumanEnergy13346
Comprehensive Final Quiz
Due
Jan 18, 2024 at 11:59pm
Points
32
Questions
26
Time Limit
None
Attempt History
Attempt
Time
Score
LATEST
Attempt 1
18 minutes
32 out of 32
Correct answers are hidden.
Score for this quiz: 32
out of 32
Submitted Dec 17 at 11:19pm
This attempt took 18 minutes.
1 / 1 pts
Question 1
An argument that what others do elsewhere is morally irrelevant to what we should do here best describes?
Egoism Relativism Bandwagon fallacy Post Hoc ergo propter hoc 1 / 1 pts
Question 2
If this is true then relativism must be false
That there is no universal right way to do everything. Companies may apply the same standards everywhere in the world. When in Canada companies should do as Canadians do. There exists at least one universal ethical truth. 1 / 1 pts
Question 3
For a business manager to adopt utilitarianism the biggest shift will be
Applying cost-benefit analysis in decision-making Justifying decisions by their consequences Considering the interests of all those impacted in decision-making Removing profitibility as a factor in decision-making 1 / 1 pts
Question 4
The strongest objection to act-utilitarianism is
It gives special status to friends and family The end never justifies the means Happiness is not an important human end
It is incompatible with strong conceptions of rights and justice 1 / 1 pts
Question 5
Which action has Kantian moral worth?
An employee who hates her job and customers but helps them because it is her job to do so. A store manager who teaches employees that honesty is the best policy and it is also the most profitable. A shopkeeper who knows that he can shortchange a customer but the shopkeeper doesn't because if word did get out it would cost business. A businessman who doesn’t lie or steal because that is the right way to get to heaven. 1 / 1 pts
Question 6
The primary point of Sandel’s discussion of consent versus benefit based moral obligation is
There is no moral obligation without a contract. Moral obligation requires both consent and benefits. There is no moral obligation until benefits have been received. Moral obligation can arise with either consent or benefits alone. 7 / 7 pts
Question 7
Bounded Ethicality
Humans are ethical, but limite
Conflict of Interest
A boss dating a subordinate i
Conformity Bias
Going along with a group dec
Ethical Fading
The ability of the mind to min
Fundamental Moral Unit
A boss who says "our division
Incentive Gaming
Brokers lowering mortgage st
Incrementalism
The boiling frog syndrome ref
Moral Agents Moral Worth
One has power over the othe
Framing
Take off your engineering hat
Moral Equalibrium
I worked hard today so I dese
Overconfidence Bias
Often happens when good or
Role Morality
When the job obligations con
Self Serving Bias
The ability of the mind to ratio
Diffusion of Responsibility
When a problem results from 1 / 1 pts
Question 8
The executive whose division lost 1 billion dollars while he racked up $250 million in compensation thereby quitting the company to marry a
stripper.
Andy Fastow Ken Lay Lou Pai Jeff Skilling 1 / 1 pts
Question 9
When Enron traders created artificial power shortages in California by buying up and exporting available power and having plants shut down to
create a shortage which raised the price of electricity from $35 to $1,000 they called this
An arbitrage opportunity. The Milgrim experiment. Pump and dump. Mark-to-Market profit. 1 / 1 pts
Question 10
If someone says “it isn’t my responsibility to deal with that” they are admitting that:
They have no ideas on how to resolve the problem. There is a problem that needs to be solved. They are unethically abandoning responsibility. Responsibility is diffused. 1 / 1 pts
Question 11
Obedience to Authority
The natural desire to do what
Loss Aversion
What A dollar I have is worth Tangible and Abstract
When a person near us matte
Fundamental Attribution Error
When we have good reasons
Moral Imagination
Someone who conceives of e
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Moral Muteness
The inability to conceive of et
Moral Myopia
When we can no longer see u
Moral Hazard
When bad behavior ends up 1 / 1 pts
Question 12
Any group or individual who can affect, or is affected by, the achievement of the organization's objectives is known as a
Externalizer. Stakeholder. Stockholder. Fiduciary. 1 / 1 pts
Question 13
According to Milton Friedman in “The Social Responsibility of Business Is to Increase Its Profits,” free markets are fully compatible with
dictatorships.
True False 1 / 1 pts
Question 14
Weak affirmative action can best be described as
Hiring minorities in proportion to their local population. Hiring minorities only when they are the most qualified for the job. A quota system. Hiring minorities when applicant qualifications are equal. 1 / 1 pts
Question 15
Compensatory justice in the context of affirmative action
Attempts to right the wrongs of the past. Compensates the victim who is discriminated against. Only seeks equality under the law. Aims to bring about equality in future. 1 / 1 pts
Question 16
This type of ad has been shown to affect lower self-esteem and lead to eating disorders.
Targeted advertising Subliminal advertising Self-identity advertising Manipulation by irrelevant information advertising 1 / 1 pts
Question 17
The salespeople at World Camera and Electronics
Assist customers in getting the product which is best for their needs. Push customers towards more expensive products. All of the above. Get the same commission percentage regardless of which products they sell. 1 / 1 pts
Question 18
The chief difference between bribery and extortion is
The amount of money involved. When the act takes place. Who initiates the act. Where the act takes place. 1 / 1 pts
Question 19
In this case a company refused to prevent government brutality because it wasn't happening in their country.
Shell Oil in Nigeria Levi Strauss & China
Chrysler and Gao Feng Lockheed in Japan 1 / 1 pts
Question 20
This type of theory of distributive justice emphasizes equal access to primary goods.
Libertarian Egalitarian None of these Utilitarian 1 / 1 pts
Question 21
Whose theory of justice best supports the Milton Friedman's position on capitalism?
Nozick Moriarty Singer Rawls 1 / 1 pts
Question 22
Bowie argues that businesses have a minimal obligation to the environment aside from observing environmental laws.
True False 1 / 1 pts
Question 23
The Napster ruling indicated that
Companies were not responsible for actions of customers. Napster software was fair use. All of the above. Napster had a negative impact on the market for copyrighted works. 1 / 1 pts
Question 24
Which of the following is essential for the functioning of financial markets?
debts misrepresentation trust competition 1 / 1 pts
Question 25
Why is the role of the independent auditor so important?
The economic system depends on the accurate representation of corporations' financial standing. The auditor is the only agent who is authorized to make financial decisions about the value of a corporation's stock. The economic system depends on the quid-pro-quo relationship between auditors and corporations. The government relies on independent auditors to determine the appropriate level of taxation for publicly owned corporations. 1 / 1 pts
Question 26
A final score of 89% receives a final grade of
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A if you ask/complain/need-it B+ A- B Quiz Score: 32
out of 32