Quiz_ Chapter 01

pdf

School

New Jersey Institute Of Technology *

*We aren’t endorsed by this school

Course

691

Subject

Philosophy

Date

Jan 9, 2024

Type

pdf

Pages

7

Uploaded by cclsky

Report
1/25/23, 8:36 PM Quiz: Chapter 01 https://njit.instructure.com/courses/26210/quizzes/85010/take 1/7 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:
1/25/23, 8:36 PM Quiz: Chapter 01 https://njit.instructure.com/courses/26210/quizzes/85010/take 2/7 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?
1/25/23, 8:36 PM Quiz: Chapter 01 https://njit.instructure.com/courses/26210/quizzes/85010/take 3/7 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
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
1/25/23, 8:36 PM Quiz: Chapter 01 https://njit.instructure.com/courses/26210/quizzes/85010/take 4/7 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?
1/25/23, 8:36 PM Quiz: Chapter 01 https://njit.instructure.com/courses/26210/quizzes/85010/take 5/7 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?
1/25/23, 8:36 PM Quiz: Chapter 01 https://njit.instructure.com/courses/26210/quizzes/85010/take 6/7 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?
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
1/25/23, 8:36 PM Quiz: Chapter 01 https://njit.instructure.com/courses/26210/quizzes/85010/take 7/7 Quiz saved at 8:35pm 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. Submit Quiz