Chapter 5 Quiz

1.)  According to the text, if a university were to use the _________________ ethical system to evaluate its use of Citibank as a "preferred lender" for student loans, it may evaluate not only how the lender, the university and its aid officers benefitted, but also how the students were affected. The school received a variety of perks, and additional aid was made available to students. Here, one would also examine how many students paid extra for loans and by how much, and also how many students received additional aid and what it totaled.

A) universalism
B) egoism
C) utilitarianism
D) relativism
E) virtue ethics


2.) The Caux Principles for Business are an attempt to establish global, universal ethical principles in business. One ethical ideal therein is termed kyosei, which means?

A) a rule against torture.
B) viewing people as an end, rather than a means to an end.
C) showing respect and loyalty to one's elders.
D) a promise to treat men and women as equals.
E) living and working together for the common good.


3.) The provisions of the 2002 Sarbanes-Oxley Act require companies to?

A) have board membership well-integrated with executive personnel within the company.
B) adhere to strict marketing rules.
C) eliminate consequences for failure to comply with ethical standards.
D) have senior managers personally sign off on financial results.
E) None of the above are required.


4.) Ethical leadership can be challenging, but IBM uses a guideline sometimes known as the "light of day" or "sunshine" ethical framework to evaluate alternatives. This refers to the idea that?

A) one should remember to save, or be conservative, for a rainy day, even if today is sunny.
B) one should feel comfortable with decisions, even under the full glare of examination by associates, friends and family.
C) one should maintain a positive attitude, or look on the "bright" side of the issue.
D) one should focus on the conditions for maximum growth, termed the "light" conditions.
E) one should choose the alternative that makes people feel good for morale purposes.

5.) According to the text, at a Canadian manufacturing company, an employee reported a manager who had an arrangement with suppliers to inflate their invoices; the manager took the extra cash, costing the company more than $100,000. The reporting employee?

A) is unethical.
B) is a whistleblower.
C) lacks courage.
D) lacks social skills.
E) should be fired.


6.) Costs of unethical behavior are typically quite obvious; they are limited to the government fines and penalties for failure to comply with regulations.

A) True
B) False


7.) _______________ responsibilities, atop the corporate social responsibility pyramid, and its associated activities can be more than mere altruism. Managed properly and used strategically, they can become a way to build goodwill in a variety of stakeholders and even add to shareholder wealth.

A) Legal
B) Economic
C) Sustainability
D) Philanthropic
E) Ethical


8.) Robert Giacalone, who teaches business ethics at Temple University, believes that a 21st-century education must help students think beyond self-interest and profitability. A real education, he says, teaches students to leave a legacy that extends beyond the bottom line. Giacalone advocates a(n).

A) transcendent education.
B) experiential education.
C) heritage education.
D) inheritance learning.
E) heritage learning.


9.) Which of the following is a true statement about Life-cycle Analysis (LCA)?

A) Product packaging is an important consideration
B) LCA often leads to increased charitable giving.
C) The LCA process typically begins with the production process.
D) Transportation is the final step in the LCA process.
E) None of the above are true statements.


10.) There is no evidence of a positive relationship between corporate environmental performance and profitability; profitability suffers with an increase in ecocentric philosophies and practices.

A) True
B) False