1. According to Robert Reich, what is the goal of a business? a. Preserving the environment b. Creating and adhering to corporate social responsibility guidelines C. Generating profit 2 True or false Simpson argues global corporations enhance economic freedom and their powe
1. According to Robert Reich, what is the goal of a business? a. Preserving the environment b. Creating and adhering to corporate social responsibility guidelines C. Generating profit 2 True or false Simpson argues global corporations enhance economic freedom and their powe
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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![1. According to Robert Reich, what is the goal of a business?
a. Preserving the environment
b. Creating and adhering to corporate social responsibility guidelines
c. Generating profit
2. True or false, Simpson argues global corporations enhance economic freedom and their power
causes conflicts of interest and social problems.
a.
True
b.
False
3. Which of the following is a rule that the Macdonald and Williams-Jones argue need to be
applied if a company is going to use genetic testing or screening on their employees?
a. It must be mandatory
b. The employee must pay out of pocket for the procedure
c. The employee cannot be terminated due to the test results
4. According to Pava, why should businesses be required to adhere to corporate social
responsibility standards?
a. They are involved in more than just making money
b.
They effect the environment
c. They effect the lives of their employees
d. All the above
5. Why does Palmer reject government intervention in controlling the timber industry's practices?
a. It interferes with individual liberty
b.
It will disincentivize conservation
C. It is motivated by the free market
6. Consequentialist moral theories argue the moral worth of an action is based on what?
a. The inherent moral value of an act
b. The results of the act
C.
How the act maximizes the individual's self-interest
7. Which of the following is one of the healthcare models Hurley considers?
a. Fully private with a single payer option
b. Universal healthcare with a relativistic option
C.
A consequentialist option
d. Fully public](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F96bc6193-a9e7-4716-b78f-2b2e254dbd91%2Ff4ee8196-0290-418d-82b4-1d3311ae760f%2F2zkxd2_processed.png&w=3840&q=75)
Transcribed Image Text:1. According to Robert Reich, what is the goal of a business?
a. Preserving the environment
b. Creating and adhering to corporate social responsibility guidelines
c. Generating profit
2. True or false, Simpson argues global corporations enhance economic freedom and their power
causes conflicts of interest and social problems.
a.
True
b.
False
3. Which of the following is a rule that the Macdonald and Williams-Jones argue need to be
applied if a company is going to use genetic testing or screening on their employees?
a. It must be mandatory
b. The employee must pay out of pocket for the procedure
c. The employee cannot be terminated due to the test results
4. According to Pava, why should businesses be required to adhere to corporate social
responsibility standards?
a. They are involved in more than just making money
b.
They effect the environment
c. They effect the lives of their employees
d. All the above
5. Why does Palmer reject government intervention in controlling the timber industry's practices?
a. It interferes with individual liberty
b.
It will disincentivize conservation
C. It is motivated by the free market
6. Consequentialist moral theories argue the moral worth of an action is based on what?
a. The inherent moral value of an act
b. The results of the act
C.
How the act maximizes the individual's self-interest
7. Which of the following is one of the healthcare models Hurley considers?
a. Fully private with a single payer option
b. Universal healthcare with a relativistic option
C.
A consequentialist option
d. Fully public
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True or false, Simpson argues global corporations enhance economic freedom and their power
causes conflicts of interest and social problems.
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