Quiz_ Chapter 01
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New Jersey Institute Of Technology *
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691
Subject
Philosophy
Date
Jan 9, 2024
Type
Pages
7
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Quiz: Chapter 01
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Chapter 01
Started: Jan 25 at 8:20pm
Quiz Instructions
Choose the best answer for each question presented. You will have 40 minutes to complete the quiz
which is based on our readings and discussions from Chapter 1 and our first week of class. You can
take the quiz up to two times, your best score will be recorded.
1 pts
Question 1
a set of rules for behavior.
a
menu of options regarding what we should do.
standards that must be met to avoid penalty.
a menu of options regarding what we must do.
Select the best definition of ethics:
1 pts
Question 2
False
True
Laws must be static and unyielding in order to provide stability for a society.
1 pts
Question 3
Choose the statement regarding duty to rescue that is false:
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When one taunts another person who then puts themselves in danger in response to the
teasing, the teaser has a duty to rescue the person teased.
There is no general duty to rescue an individual.
Individual freedom dictates that a person should not be forced to act.
Under a liberal–communitarian approach, citizens owe a duty to the state to rescue
other citizens.
1 pts
Question 4
Pre-existing duty: For example, lifeguards have signed contracts agreeing to rescue
people in exchange for pay and benefits.
Employer: A duty exists to help an employee injured while working for that employer.
Endangerment: If one puts another in danger, they are obligated to rescue the person put
in danger.
Witnessing an accident: This creates a duty to step in and help the injured.
All of the following are considered exceptions to the general rule that there is no duty to
rescue except:
1 pts
Question 5
The only social responsibility of business is to increase profits in a legal and ethical
manner.
Automating processes and replacing workers is unethical since it does not serve a greater
good.
Outsourcing to other countries is wrong because it is detrimental to the overall US
economy.
Which of the following views would be consistent with the free market ethics approach
advocated by Milton Friedman?
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Quiz: Chapter 01
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When making decisions, corporate managers should consider the interests of all the
corporation’s stakeholders.
1 pts
Question 6
An action is right when maximizing welfare and total well-being,
From each according to his abilities, to each according to his needs.
Cultivating the habits of good character will naturally lead a person to their fullest potential
.
Individuals should pursue his or her own self-interest, even at the expense of others.
Which of the following statements best illustrates the view of “utilitarianism”?
1 pts
Question 7
II and IV
III and IV
I, III, and IV
I and III
Which of the following statements are aligned with the perspective offered by deontological thinker
Kant:
I. It is only acceptable to lie when done to protect an innocent person.
II. The level of respect owed to another is based on one’s relationship to that person.
III. It is wrong to use another person unless mutual benefit is attached.
IV. A person should take actions they expect to be repeated for the same reasons whenever the same
situation arises, even if they wind up on the receiving end of such actions
1 pts
Question 8
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accepts that individuals rarely reach moral excellence.
focuses on what human beings are capable of being.
requires strict adherence to specific standards of behavior.
are based on the concept that a person’s ethical beliefs are developed in childhood and do
not change.
Virtue ethics:
1 pts
Question 9
A set of universal principles, which applied evenly to all decisions will result in fairness
and equity in ethical decisions.
A set of rules that explain how to prioritize those people affected by a decision so that a
utilitarian analysis can be done successfully.
A set of principles that encourage decision makers to look at human relationships as a
primary motivator for a decision.
The idea that we should all make decisions under the assumption that we don’t know our
station in life, that we could be the person most negatively impacted by the decision.
The Ethic of Care is:
1 pts
Question 10
The free market ethical perspective focuses on shareholder well-being, with utilitarianism
does not consider the effects on shareholders.
Which of the following accurately explains differences between the free market ethical
perspective and utilitarianism?
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While both the free market ethical perspective and utilitarianism are both concerned with
the well-being of shareholders, utilitarianism considers the well-being of shareholders
along with other stakeholders.
While the free market ethical perspective is concerned with making a profit,
utilitarianism does not consider profit as a desirable outcome.
Following the law is not required by the free market ethical perspective, but it is required
by utilitarianism.
1 pts
Question 11
III only
I only
I, II, and III
I and II
Which of the following statements is INCORRECT regarding the rights of shareholders?
I.
Shareholders have voting power on major issues and ownership in a portion of the
company
II.
Shareholders have the right to transfer ownership and are entitled to dividends
III.
Shareholders have the right to hire and fire management and select and appoint a chief
executive
1 pts
Question 12
The immense wealth of a corporation allows it to be the most accurate in providing messages to
people.
Independent expenditure by corporations do not give rise to corruption or the appearance of
corruption.
According to
Citizens United v. Federal Election Commission, which of the following is NOT a reason
to allow corporations the right to spend money and advertise for political candidates?
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Political speech is the most important, and most protected, speech that exists. It is crucial to the
democratic process that political speech be encouraged and heard.
Rapid changes in technology suggest laws restricting political speech should not be upheld.
1 pts
Question 13
SuperPACs
Benefit Corporations
501(c)s
Multinational corporations
In the wake of
Citizens United
and other related court decisions, what type of nonprofit
organization can raise unlimited funds from individuals and corporations and use those funds
for political campaign ads, as long as it does not collaborate directly with official political
campaigns?
1 pts
Question 14
Social Activism (SA)
Business Engagement in Environmental Situations (BEES)
Corporate Social Responsibility (CSR)
Strategic Investment in Stakeholder Issues (SISI)
Corporate director or officer decisions to dedicate corporate funds for social causes is called:
1 pts
Question 15
Which of the following statements regarding Benefit Corporations is true?
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Benefit corporations are incorporated under state law with the intent to be profitable.
All of these statements regarding benefit corporations are true.
Directors of benefit corporations are protected from all lawsuits from both shareholders
and beneficiaries of the corporation’s public benefit purpose.
Benefit corporations are not concerned with making profit for their shareholders.
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