Chapter 5 Quiz
docx
keyboard_arrow_up
School
Blue Ridge Community and Technical College *
*We aren’t endorsed by this school
Course
212
Subject
Philosophy
Date
Apr 3, 2024
Type
docx
Pages
3
Uploaded by BrigadierSummer11691
Chapter 5 Quiz
Student name:____Payton Williams______
1) First Trust Bank had a slogan: "Profits should never come before people." This is an example of which of the following perspectives on corporate social responsibility?
1) ___D___
A) the narrow view, or invisible hand theory
B) the moderate view, or government's hand theory
C) the hybrid view, or citizen's hand theory
D) the broad view, or management's hand theory
2) Thomas Jefferson wrote: “We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness.” Which of the following ethical views does this most closely represent?
2) ____A__
A) Natural law
B) Utilitarianism
C) Values management
D) Consequentialism
3) Hanlon Hedley has decided to cut costs and pay dance instructors less at her dance studio. Hanlon will also spend less time and money developing choreography and not offer free videos of shows to patrons of the studio. Which of the following groups is most likely to be a primary stakeholder of the Hanlon Hedley Dance Studio?
3) ____A__
A) The dance instructors.
B) The grandparents of the children who take lessons.
C) The citizens who live in the town where the studio is located.
D) The instructors, grandparents and citizens are all direct stakeholders.
Version 1
1
Chapter 5 Quiz
4) A company's code of conduct and code of ethics may be combined into a single document.
4) __true____
⊚
true
⊚
false
5) Social responsibility is at its highest when the moderate view, or government's hand theory, of corporate social responsibility is utilized.
5) __false____
⊚
true
⊚
false
6) Leah has just handed in a major required report to her professor, and after careful scrutiny, the professor finds numerous instances of plagiarism. If the school policy and the professor's personal perspective follow a principles-based approach, Leah should be charged and suffer whatever penalty is prescribed by school policy.
6) ___true___
⊚
true
⊚
false
7) Jeremy is a vice president and loan officer for Small Town Credit Union. He has an opportunity to make a loan to a customer that he suspects will be used to fund the customer’s illegal gambling operations. However, Jeremy will make a substantial bonus from making the loan, which he will use to buy his elderly mother a motorized wheelchair. He has defined the ethical dilemma. According to the manager’s paradigm of ethical decision making, what would be Jeremy’s next logical step after defining the dilemma?
7) ___B___
A) Developing choices and determining which choice will result in the most benefit to
stakeholders
B) Identifying the impact of the decision on primary and secondary stakeholders
C) Applying the standards, which includes the legal impact and the ethical principles of
the credit union
D) Implementing the decision with attention to all stakeholders
Version 1
2
Chapter 5 Quiz
8) No formal complaint was filed against Facebook for its psychological testing of users because
the issue was an ethical dilemma, not a legal one.
8) __false____
⊚
true
⊚
false
9) Business ethics is a commitment to following the opinions of stakeholders in pursuing a course of action in business operations.
9) __false____
⊚
true
⊚
false
10) Rocket Corporation’s slogan was “Treat customers and the world with respect.” This principle informs Rocket’s strategies and plans and guides employees. According to the text, this
is an example of:
10) _B_____
A) The ethics maximization theory
B) Values management
C) The veil of ignorance
D) The shareholder maximization principle
Version 1
3
Your preview ends here
Eager to read complete document? Join bartleby learn and gain access to the full version
- Access to all documents
- Unlimited textbook solutions
- 24/7 expert homework help