FINAL EXAM

COURSE OF BUSINESS ETHICS

DURATION: 70 MINUTES
(DATE 12/10/2022)

SECTION A: MULTIPLE CHOICE QUESTIONS

1. The rights of employee should be respected by employers excluded:
a. Rights to reasonable rewards
b. Rights to equal opportunity employment
c. Obtaining the rights to buy products
d. Rights to be respected
2. The view of environmental responsibility based on a market-based approach is
excluded:
a. Maximize profit within the law
b. Allow market to balance risks and benefits about environmental issues
c. Environmental problems are economic problems
d. Environmental problems obey the law
3. The three factors that relate to the triple bottom line are:
a. Social, ethical, environmental
b. Ethical, environmental, financial
c. Social, environmental, financial
d. Stakeholder, environment, financial
4. Some critics of utilitarianism have argued that injustices against minorities would be
permitted under utilitarian principles, since the violation of the rights of a few might
product more overall happiness than respecting those rights. Utilitarian responds that,
on the contrary, injustices against minorities would not be encouraged under their
principles, because:
a. according to utilitarian principles, minorities have no rights
b. If just practices became the rule in a society, there would be more unhappiness
c. Minorities do not experience happiness and unhappiness in the same way as the
majority of society
d. Calculation of the greatest amount of happiness for the greatest number of people does
not necessarily have to include consideration of all members of a society
5. According to Kant, an action which has a motive or intention that cannot be
successfully universalized:
a. Might be moral or immoral, depending on the consequences of the action
b. Might be the moral or immoral, depending on whether the action is considered
acceptable in the person’s society
c. Is immoral
d. Might be moral or immoral, depending on whether the action if done freely
6. The triple bottom line is call also the described as:
a. Population, Pollution, profit
b. People, Planet, Profit
c. Prevention, Protection, Population
d. Pollution, Population, Planet
7. Decisions based on ___ are decisions based on ideas about race, gender, or other
stereotypes
a. A negative impact
b. A harmful impact
c. Individual merit
d. Prejudice
8. Which of the following is not a primary objective of financial reporting?
a. Make financial decisions that relate to the firm
b. Help the reader determine the strategies focus of the firm
c. Help the reader determine the level of cash flows
d. Help identify the economic resources and obligations to the firm
9. If an auditor has a financial interest in the firm, it would correspond to which type of
conflict of interest?
a. Auditor-firm
b. Firm-professional standard
c. Shareholder-management
d. Self interest- professional standards
10. If the CFO stated he needed to have a “clean audit” to keep his job, it would
correspond to which type of conflict of interest?
a. Auditor-firm
b. Firm-professional standard
c. Shareholder-management
 d. Self interest- professional standards
11. Which of the following is not one of the principles of the AICPA’s code of conduct?
a. integrity
b. Due care
c. Scope
d. Trustworthiness
12. According to the contractual view of the business firm’s duties to its customers, what
is created by the contractual relationship between a firm and its customers ?
a. Universalization
b. Moral duties
c. Social rules
d. Secondary duties
13. Which of the following represents the idea that a business has a moral responsibility
to fully explain what a buyer is purchasing and exactly what the terms of the sale are?
a. The duty not to misrepresent
b. The duty not to coerce
c. The duty to comply with express claims
d. The duty of disclosure
14. The idea that a society’s productivity will be optimized to the extent that jobs are
awarded based on competency is supported by the ____ argument against
discrimination
a. Utilitarian
b. Rights-based
c. Justice-based
d. distribution
15. Which of the following best describes the idea that individuals who are equal in all
respects relevant to a type of treatment should be treated equally even if they are
dissimilar in other, on-relevant respects
a. Kantian arguments
b. Stereotyping
c. Cultural traditions
d. Principles of equality
16. A prescribed course of action used to help guide the ethical decision making process
is called:
 a. Analytical ethics
b. Descriptive ethics
c. Normative ethics
d. Narrative ethics
17. Teleological frameworks focus on:
a. The communication of ethical beliefs
b. The ability to rationalize unethical behavior
c. The results of the conduct of the individual
d. The ability to focus on the means instead of the ends of unethical conduct
18. Which of the following is not a teleological framework?
a. Utilitarianism
b. Justice
c. Ethical egoism
d. Kant’s ethics
19. Utilitarianism is based on the world utility which is defined as:
a. The ability to utilize facts to determine ethical values
b. The accumulation of each person;s utility into a society based utility
c. The ability to have alternative or utility actions considered when resolving an ethical
issue
d. The ability to recognize the value or utility of others
20. Deontological frameworks focus on:
a. Whether the results are favorable or unfavorable
b. The duty or obligation in determining whether the actions are wrong or right
c. How individuals beliefs must be reconciled with social beliefs
d. The benefit of the end result compared with the method needed to get to the end result
21. Deontological is derived from the Greek word “deon” which means:
a. Truth
b. Values
c. Duty
d. fulfillment
22. Milton friedman would rate which traditional stakeholder as the most important to the
firm
a. Stockholders
b. The government
 c. Local community
d. employees
23. Which of the following is not an action a firm should have in place to help protect
against retaliation if an employee files a sexual discrimination lawsuit?
a. Review management training programs
b. Establish strong consequences if another employee retaliates
c. Keeping the name of the employee filing the lawsuit anonymous as long as possible
d. Move the employee filing the lawsuit to another job position
24. In Carroll's pyramid of corporate social responsibility, what responsibility is at the top
of the pyramid ?
a. Ethical
b. Legal
c. Economic
d. philanthropic
25. Which of the following was not recommended for a firm to implement from a
voluntary environmental compliance perspective?
a. Publish an annual report
b. Implement a system to reduce toxic chemical use
c. Implement a system to reduce sustainable products
d. Ensure that the same environmental standards are consistent globally
26. Which of the following is not an environmental initiative that could be generated by
any employee within a firm
a. Policies for reuse and recycling
b. Policies for hazardous substance reduction
c. Policies for environmental training
d. Policies for reduction of resources and energy
27. The ability of an organization to protect the use of future resources is called
a. Environmental proactiveness
b. Environmental sustainability
c. Environmental protection
d. Environmental responsibility
28. An ethical issue in marketing is considered based on utilitarianism approach such as:
a. The parties involved in the transaction do so out of willingness
b. Respect is paid
 c. The underprivileged party is taken advantage of
d. The overall wellness of both parties and of the society has increased after the
transaction
29. Using, exploiting and manipulating the employee to increase the profit for individual
management staff or for the company are a (an) ___ behavior
a. Immoral
b. Unethical (but legal)
c. Ethical
d. None of them
30. An ethical issue in marketing based on morality approach is not included
a. Customer is being treated with respect in marketing situations
b. What degree the participants are respected as free and autonomous agents rather than
treated simply as means to the end of making a sale
c. The degree to which the transaction provided actual as opposed to to merely apparent
benefits
d. Whether consumers may not understand the fully what they are purchasing
SECTION B: ESSAY QUESTION
A junior member of staff has just returned to work after taking special leave to care for her
elderly mother. For financial reasons she needs to work full-time. She has been having
difficulties arranging proper care for her mother, which has led her to miss important team
meetings (usually taking place at the beginning of each day) and to leave the office early. She is
very competent in her work but her absence is putting pressure on her as well as her
overworked colleagues. You being her manager are aware that the flow of work is coming under
pressure due to this. One of her male colleagues is beginning to make comments such as “a
woman’s place is in the home”, and is undermining her at every opportunity, putting her under
even greater stress.
1. How do you maintain your stakeholder?
2. Which factor will impact your decision?