Unit 1 test

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New York Institute of Technology, Westbury *

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101

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Philosophy

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Apr 3, 2024

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docx

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Question 1 1 / 1 pts The philosophy of utilitarianism is used to explain why restaurants, theaters, and hotels should make themselves handicapped accessible. True False Question 2 1 / 1 pts Human rights include an individual's right to life, to freedom, and to the pursuit of happiness. True False Question 3 1 / 1 pts The distributive process by which the burdens and rewards that society has to offer are shared varies from society to society. True False Question 4 1 / 1 pts Ethical decision making begins in the marketing department.

True False Question 5 1 / 1 pts Ethics training programs typically teach how to disguise unethical behavior and not how to avoid unethical behavior. True False Question 6 1 / 1 pts If the company wants employees to take ethical training seriously, the training should not include games. True False Question 7 1 / 1 pts All businesses approach ethics the same way. True

False Question 8 1 / 1 pts To be a useful code of ethics, the code should offer broad policies and procedures rather than detailed rules. True False Question 9 1 / 1 pts Social responsibility is a voluntary obligation. True False Question 10 1 / 1 pts The most basic responsibility of all businesses is its economic responsibility. True False Question 11 1 / 1 pts

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_____ is the set of moral standards for judging whether something is right or wrong. The marketing concept Social responsibility Ethics Consumerism Legality Question 12 1 / 1 pts Summer Dean was walking through the mall and found a gym bag lying on the ground. The decision Dean must make as to whether to keep the gym bag and its contents for herself or turn it into the mall's lost and found department involves: social reciprocity the marketing concept cultural awareness consumerism

ethics Question 13 1 / 1 pts _____ is a philosophy that focuses on the consequences of an action to determine whether it is right or wrong. This philosophy holds that an action that affects the majority adversely is morally wrong. Preconventional morality Distributive justice Social responsibility Consumerism Utilitarianism Question 14 1 / 1 pts Which of the following statements about utilitarianism is true? None of the above statements about utilitarianism is true. Utilitarianism is concerned with providing for the needs of the minorities.

Utilitarianism is primarily concerned with the legal aspects of business decisions. The concept of utilitarianism supports affirmative action programs. Utilitarianism holds that an action that affects the majority adversely is morally wrong. Question 15 1 / 1 pts Which of the following statements about utilitarianism is true? Utilitarianism is a legal concept-not an ethical one. Using utilitarianism, a manager can accurately calculate how his or her decision will affect the majority of its stakeholders. The application of the utilitarianism concept will only produce winners. There are no negative costs associated with utilitarianism. Utilitarianism is designed to create both winners and losers. Question 16 1 / 1 pts Mamma's Diner was a small restaurant that was a popular hangout for many Bedford College students, but because of the owner's inability to make the bathroom stalls handicapped accessible for the one wheel-chair student on campus, it was forced to close down. The belief that this it was morally

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wrong to deprive the majority of the people of this experience is an expression of the philosophy associated with: preconventional morality social responsibility utilitarianism distributive justice consumerism Question 17 1 / 1 pts Criticism of South Africa's post-apartheid government contends that the new government has not extended liberties to its black majority population, but has instead concentrated on proving to a white minority that a black-run administration can govern a reasonably sophisticated economy and society. The belief that the new South African government is behaving unethically is an expression of the philosophy associated with: utilitarianism consumerism social responsibility distributive justice

preconventional morality Question 18 1 / 1 pts Utilitarianism: creates win-win situation supports the belief that life should be fair is easy to implement because of its childlike simplicity is difficult to implement because it is hard to tell how one decision will impact a large number of people states that any act that jeopardizes the individual's rights is wrong Question 19 1 / 1 pts Another factor influencing business ethics is _____, or what is fair according to prevailing standards of society. validity utilitarianism justice

righteousness equity Question 20 1 / 1 pts In the 21st century, we define justice as a global concept, which is defined the same throughout the world an equitable distribution of the burdens and rewards that society has to offer the creation of a situation in which all involved are winners the avoidance of wrong support for the development of legal measures to define ethics Question 21 1 / 1 pts A business is an organization that strives for a profit by providing goods and services desired by its customers. True False

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Question 22 1 / 1 pts The major difference between a good and a service is how the producer uses the factors of production to create each. True False Question 23 1 / 1 pts Not-for-profit organizations have the same goals as for-profit organizations. True False Question 24 1 / 1 pts Factors of production are common to all productive activities, regardless of the economic system. True False Question 25 1 / 1 pts

Labor, as a factor of production, relates only to the production of manufactured goods; services are not included. True False Question 26 1 / 1 pts As a factor of production, capital includes money. True False Question 27 1 / 1 pts People who combine natural resources, labor, and capital in a profitable venture are called entrepreneurs. True False Question 28 1 / 1 pts Many people consider knowledge to be a fifth factor of production. True

False Question 29 1 / 1 pts Business owners and managers have a great deal of control over the internal environment of business, which covers the day-to-day business decisions. True False Question 30 1 / 1 pts Some global corporations are large enough to create major changes in the external environment. True False Question 31 1 / 1 pts Which of the following is an example of a business? Jack & Jill, a specialty clothing store for young children Lawson & Tyler law offices Ford Motor Company

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Wal-Mart all of the above Question 32 1 / 1 pts Which of the following is the best example of a service? the gallon of milk you purchased at the convenience store the license tags you purchased for your car the hamburger you bought for lunch the grill on which you cook steak the pleasure you derive from seeing a good play Question 33 1 / 1 pts Which of the following is the best example of a good? the physical examination you received from your doctor the airplane flight you took to attend a funeral

the life guarding class you took last summer the driving lessons you took the birthday candles you purchased to go on your sister's birthday cake Question 34 1 / 1 pts Which of the following businesses provides its customers with a service? a used book store a law office a mattress manufacturer a pecan grower a wheat farmer Question 35 1 / 1 pts Which of the following businesses provides its customers with a good? accounting firm

hotel bicycle manufacturer hair salon movie theater Question 36 1 / 1 pts Which of the following is NOT an example of a good that would be sold in a department store? silk flower bouquets white linen table clothes the advice of a wedding planner wedding dress book on wedding etiquette Question 37 1 / 1 pts What is the primary difference between a good and a service?

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The development costs for a service is higher than for a product. A good is tangible, and a service is intangible. A good costs more to produce than a service. A service is tangible, and a good is intangible. A good costs more to market than a service Question 38 1 / 1 pts The _____ of any country is measured by the output of goods and services people can buy with the money they have. input per person quality of life consumer productivity total consumption rate standard of living Question 39

1 / 1 pts Which of the following countries has a high standard of living? Bolivia the United States Nigeria Guatemala Malaysia Question 40 1 / 1 pts The standard of living in any country is: the general level of human happiness based on such things as life expectancy, educational standards, health, sanitation, and leisure time higher for less developed countries like Angola, Bangladesh, and Ceylon than it is for the U.S. measured by the output of goods and services people can buy with the money they have determined by the money left over after all expenses are paid

measured by subtracting the supply of goods and services from the demand for goods and services

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Unit 1 test

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