Ethical dilemmas exist because many real-world decisions involve first-, second-, and third- order consequences that are hard to quantify.

IB Chap 5

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Business
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University
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Easy
Olala Land
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27 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
True
False
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following enables managers to walk away from a decision that is profitable, but unethical?
Noblesse oblige
Moral courage
The difference principle
The Friedman doctrine
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Establishing _____ involves a business to resolve to place moral concerns ahead of other concerns in cases where either the fundamental rights of stakeholders or key moral principles have been violated.
a veil of ignorance
a difference principle
moral imagination
moral intent
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
____ means standing in the shoes of a stakeholder and asking how a proposed decision might impact that stakeholder.
Veil of ignorance
Difference principle
Moral imagination
Noblesse oblige
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is NOT an example of internal stakeholders?
Employees
Customers
Stockholders
The board of directors
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
External stakeholders:
are individuals or groups who own the business.
include all employees, the board of directors, and stockholders.
typically comprise customers, suppliers, lenders, etc.
are individuals or groups who work for the business.
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
According to John Rawl's difference principle,:
certain people or institutions are obligated to provide benefits or services that secure the rights ofothers.
fundamental human rights should transcend national borders and cultures.
the best decisions are those that produce the greatest good for the greatest number of people.
inequalities are justified if they benefit the position of the least advantaged person.
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