Business Ethics Quiz

In the fictional scenario presented, what ethical dilemma does the American executive face?

• Whether to adopt local customs or follow company policy

• How to increase factory productivity

• Whether to expand the business in a new country

• How to improve employee satisfaction

What is the primary focus of business ethics?

• Governing the conduct of business people

• Maximizing profits

• Expanding market share

• Improving customer service

Which of the following is NOT a common ethical issue in international business?

• Employment practices

• Human rights

• Product pricing

• Environmental pollution

What role does personal ethics play in business decision-making?

• It has no impact on business decisions

• It influences how individuals behave in business settings

• It only affects personal life decisions

• It is irrelevant in a corporate environment

How can unrealistic performance goals lead to unethical behavior?

• They improve company profits

• They encourage employees to work harder

• They enhance employee satisfaction

• They may pressure managers to cut corners

What does the Friedman Doctrine suggest about a company's responsibilities?

• Maximizing profits is the sole responsibility

• Improving working conditions is essential

• Companies should prioritize social obligations

• Companies should adopt local ethics

Which philosophical approach argues that ethics are culturally determined?

• Cultural relativism

• Naive immoralist

• Utilitarianism

• Righteous moralist

What is a key criticism of the utilitarian approach to business ethics?

• It focuses too much on profits

• It ignores the concept of justice

• It does not consider cultural differences

• It is too rigid in its application

According to the naive immoralist approach, when is it acceptable to follow local unethical practices?

• When it aligns with company values

• When it is legally required

• When other firms are doing it

• When it benefits the company

What is the main takeaway from the discussion on business ethics?

• Business ethics are irrelevant in today's world

• Reflecting on personal experiences with ethics is important

• Ethical behavior always leads to financial loss

• Ethical dilemmas are easy to resolve