Question 1

4 out of 4 points

Which of the following statements best illustrates the view of “utilitarianism”?
I.          From each according to his abilities, to each according to his needs.
II.         The risk reasonably to be perceived defines the duty to be obeyed and risks imports relation; it is risk to another or to others within the range of apprehension.
III.       An action is right when maximizing welfare and total well-being.
IV.       Individuals should pursue his or her own self-interest, even at the expense of others.

Answer

Selected Answer:

III only

Correct Answer:

III only

Question 2

4 out of 4 points

The best example of a source for virtue ethics for a business is

Answer

Selected Answer:

the corporate mission statement.

Correct Answer:

the corporate mission statement.

Question 3

4 out of 4 points

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?

Answer

Selected Answer:

The immense wealth of a corporation allows it to be the most accurate in providing messages to people.

Correct Answer:

The immense wealth of a corporation allows it to be the most accurate in providing messages to people.

Question 4

4 out of 4 points

Which of the following views on outsourcing would be consistent with the free market ethics approach advocated by Milton Friedman?

Answer

Selected Answer:

Outsourcing enhances competitiveness, modernization, and bigger market opportunities.

Correct Answer:

Outsourcing enhances competitiveness, modernization, and bigger market opportunities.

Question 5

4 out of 4 points

Corporate director or officer decisions to dedicate corporate  funds for social causes is called:

Answer

Selected Answer:

Corporate Social Responsibility (CSR)

Correct Answer:

Corporate Social Responsibility (CSR)

Question 6

4 out of 4 points

Under the legal doctrine of “employment at will” an employee can be lawfully terminated from her job for:
I.          wearing a shirt that clashes with her suit
II.         any non-discriminatory reason
III.       complaining about illegal activity in the workplace
IV.       only for good cause

Answer

Selected Answer:

c. I and II

Correct Answer:

c. I and II

Question 7

4 out of 4 points

In the essay, Work Matters, by law professor Marion Crain, all of the following are the result of working except:

Answer

Selected Answer:

People stay out of jail.

Correct Answer:

People stay out of jail.

Question 8

4 out of 4 points

Exceptions to the rule of employment-at-will include which of the following?
I.          organization of unions
II.         passage of Sarbanes Oxley Act
III.       raising of public policy issues
IV.       promise of implied-contract  or covenant-of-good-faith

Answer

Selected Answer:

I, II, III, IV

Correct Answer:

I, II, III, IV

Question 9

4 out of 4 points

The Constitution does not always protect free-speech rights for what public employees say on the job.  Which of the following is true?

Answer

Selected Answer:

Public employees may speak out on matters of public concern and have First Amendment protection but not when they speak out in the course of their official duties.

Correct Answer:

Public employees may speak out on matters of public concern and have First Amendment protection but not when they speak out in the course of their official duties.

Question 10

4 out of 4 points

To determine whether a public employee receives First Amendment protection from speech (and therefore cannot be fired for it), the Supreme Court has stated that all of the following are important except:

Answer

Selected Answer:

The speech cannot be about political topics.

Correct Answer:

The speech cannot be about political topics.