Business Ethics Quiz

What is the belief of those who think "good ethics is good business"?

• Good business decisions are good ethical decisions

• Ethics and business are unrelated

• Ethical decisions harm business

• Business should prioritize profit over ethics

What does globalisation involve?

• Isolation of economies and cultures

• Integration of world economies, industries, markets, cultures, and policy-making

• Focus on local markets only

• Limiting international trade

According to Friedman, what is the only social responsibility of business?

• To engage in activities that benefit society

• To increase its profits while following the rules of the game

• To ensure fair wages for employees

• To support community development

What would a utilitarian say about globalisation?

• It should be avoided at all costs

• It should be embraced if it maximizes overall happiness

• It is irrelevant to societal progress

• It only benefits a select few

How might an act utilitarian approach decision-making?

• By following strict rules.

• By making decisions on a case-by-case basis.

• By ignoring individual cases.

• By prioritizing long-term benefits over individual cases.

What assumption does a utilitarian make when supporting increased globalization?

• Economic benefits are enjoyed by a minority

• Economic benefits are enjoyed by the majority

• Economic benefits are irrelevant

• Economic benefits are harmful

What is a challenge of applying Kantian ethics to business?

• It is easier than utilitarianism.

• It is less demanding than utilitarianism.

• It is harder and more demanding than utilitarianism.

• It is not applicable to business.

What does Kantian ethics imply for employees regarding honesty?

• Honesty is optional if it benefits the company

• Employees should always be honest, even if it can't be universalized

• Honesty is only required when convenient

• Employees should only be honest if it benefits them personally

What is a key concept of Kantian ethics in the workplace?

• Treating persons as means to an end

• Treating persons as ends in themselves

• Prioritizing profit over rights

• Ignoring employee autonomy

How does Kantian ethics view whistleblowing?

• It is discouraged as it disrupts business

• It is supported when there are significant ethical concerns

• It is only acceptable if it benefits the company

• It is irrelevant to ethical considerations