Ethics
Mock exam
Mock exam
Set of flashcards Details
Flashcards | 60 |
---|---|
Language | English |
Category | Micro-Economics |
Level | University |
Created / Updated | 30.12.2022 / 17.01.2024 |
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Which of the following statements is correct?
I. A person who offers a facilitation payment in order to secure a contract that will keep
her company from going bankrupt and laying off hundreds of employees may be a
utilitarian.
II. A person who offers a facilitation payment in order to secure a personal career
advancement may be a teleologist.
III. A person who absolutely declines to offer a facilitation payment even if it helped to
secure a contract that will keep her company from going
Which moral philosophy evaluates the morality of an action on the basis of the equity,
fairness, and impartiality of the action, with rules serving as guidelines in the decision-making
process?
Which of the following is a common mistake made in implementing an ethics program?
Which of the following is not an advantage of having a comprehensive code of conduct?
To ensure that an ethics program addresses the needs of the average employee, it should
include all of the following except …
Which of the following statements about multinational corporations (MNCs) is false?
Which of the following is not a criticism of or charge against multinational corporations
(MNCs)?
___________ occurs when the middle class shrinks, resulting in highly concentrated
wealth amongst the rich and a large number of poor people with very few resources.
An unconscious reference to one's own cultural values, experiences, and knowledge is
referred to as the …
Power distance dimension refers to the “power inequality” between superiors and
subordinates. Which of the following countries probably ranks high on the power distance
scale?
Those who ascribe to consumerism, …
Please fill in the missing part in a manner consistent with business ethics.
___________ is based upon the assumption that people are predictable and will maximize the
utility of their choices relative to their needs and wants.
What is the AACSB?
What is a living wage?
Which-one(s) of the following statement(s) is(are) correct?
I. The failure to include the issue of living wages in a company’s ethics program is
highly likely to issue in subsequent legal problems. Moreover, such a company acts
in highly unethical ways.
II. It is in many cases in the long-term interest of a company to also include potentially
difficult issues related to different and differing religious beliefs in an ethics program.
III. As more and more countries are adopting policies of state financed national
healthcare programs, including associates in a company healthcare program is no
longer an important issue in business ethics.
Strong ethical leaders have a passion for all of the following except to …
A fundamental problem in traditional personal character development is that specific vales
are used to teach about a philosophy, which may be inappropriate where cultural diversity
and privacy must be respected. A solution is …
Which of the following is not a way to avoid groupthink in small-group decision making?
This occurs when leaders and followers share the same vision, ethical expectations, and
objectives for the company.
All of these are true about feedback except …
Which two steps of the RADAR model occur when a firm is faced with an ethical conflict or
dilemma.?
From an ethical standpoint, leaders should take time during this step of the RADAR model to
fix any weaknesses in the ethics program and develop improved ways of detecting
misconduct.
Please fill in the missing part in a manner consistent with business ethics.
Trying to pinpoint who is responsible for environmental degradation is not always easy,
especially when it involves __________.
Last year you were promoted to lead a department with 80 associates. In your new function,
you had to introduce the newly established company code of ethics serving as the basis for
rules of conduct. Your associates receive regular training and the feedback you get is mostly
positive. However, James, a 64-year-old associate, who will retire in a few months, isn’t at all
happy with the idea that associates are now expected to implement and follow what he
considers a set of unnecessary rules.
In a way, you’d prefer not bother about James. However, he is very popular and, over the
years, has become an opinion leader. Many of your associates look up to him and see him as a
sort of unofficial boss.
In view of the above-described situation, which-one(s) of the following statement(s) is(are)
correct?
I. As an effective ethics program always requires repeated training, or reinforcement, it
might be a good idea to give James more time to adjust to the new situation. He
might also need a different approach, that is, the training he has received so far
might not be suited to his needs. You should approach him directly and listen to
what he might have to say regarding those concerns. Yet, it is important that, if he
should refuse to cooperate, your style of conflict management be of a competing
nature, even if you risk that he might resign immediately.
II. As James will be retired in a few months anyway, you should not be too concerned
about his views on the new code of ethics. The best approach is to let him have his
way and, by implication, follow an accommodating conflict management style. In a
certain way, the problem will be resolved by his retirement.
III. As it is crucial that a code of ethics is implemented and followed by all associates, all
assuming the role of an ‘empowered leader’ so-to-speak, James cannot be allowed
to ignore the code of ethics and even make fun of it. You need to let him know that,
if he continues to push the limit, you would ultimately not refrain from completely
discharging him from all of his functions. He needs to understand that the company
cannot and will not tolerate his behaviour, even if he is a senior and otherwise much
appreciated associate.
Which-one of the following statements is correct?
All of these are ways of reducing pollution, except:
There exist positive links between environmental and economic performance. In connection
thereto, a firm’s innovation strategy might lead to a better economic performance for all of
the subsequent reasons except:
Please fill in the missing part in a manner consistent with business ethics.
Green marketing is a strategic process involving stakeholder assessment to create
meaningful __________ relationships with customers while maintaining, supporting, and
enhancing the __________.
Please fill in the missing part in a manner consistent with business ethics.
A __________ business attempts to avoid dealing with environmental issues and hopes
nothing bad happens or no one ever finds out about an environmental accident or abuse.
Which-one(s) of the following statement(s) is(are) entirely correct?
I. The so-called triple bottom line approach takes social and environmental performance
variables into consideration. Moreover, it also includes variables measuring a
company’s economic performance.
II. The process by which a company can improve its environmental performance may also
lead to a better economic performance, for example through the development and
subsequent sale of environmentally friendly production technology.
III. Even though many NGOs claim that a company’s improved environmental
performance is often connected to a cost reduction due to more resource-efficient
ways of production, there is no data that supports that claim.
Which-one of the following statements is correct?
I. In the context of business ethics, the notion “ethics” refers to both, to a specific
behaviour of members of an organisation as well as to the decisions made within the
framework of an organisation’s values.
II. In the context of business ethics, the notion “ethics” refers to both, to a specific
behaviour of members of an organisation as well as to a person’s personal
philosophies about what is right or wrong.
III. In the context of business ethics, there exists a difference between an ordinary
decision and an ethical-one. For instance, contrary to an ordinary decision, an ethical
decision requires the weighing of values in order to reach a judgement regarding a
situation the decision maker has not faced before.
Which-one of the following statements is most likely to be correct?
Which-one of the following statements is correct?
I. The goal of an ethical culture is to minimise the need for enforced compliance of
rules and maximise the use of principles that contribute to ethical reasoning in
difficult or new situations.
II. Most ethical issues exist because of conflicts in values and belief patterns about right
and wrong among and within stakeholder groups.
III. Most unethical acts discovered in firms are committed by isolated individuals.
Complicity or the cooperation of other employees can rarely be identified.
Which-one of the following statements is most likely to be correct?
Please complete the following phrase in the correct way.
Stakeholders' power over businesses stems from their …
Please fill in the missing part in a manner consistent with business ethics.
A firm that makes use of a __________ recognizes other stakeholders beyond investors,
employees, and suppliers, and explicitly acknowledges the two-way dialog that exists between
a firm's internal and external environments.
Please complete the following phrase in the correct way.
The degree to which a firm understands, and addresses stakeholder demands can be
referred to as
Which-one of the following statements is correct?
I. Fraud is the engagement of one or more individuals in intentional deceptive
practices to advance their own interests over those of the organisation or some
other group.
II. Commission lying is creating a perception or belief by word that intentionally
deceives the receiver of the message.
III. Omission lying is telling a joke, or, in other words, the making of statements meant
to entertain others without malice.
Which-one of the following statements is most likely to be correct?
Please fill in the missing part in a manner consistent with business ethics.
According to the ethical decision-making framework, the absence of punishment provides a(n)
__________ for unethical behaviour.