Business Ethics Quiz

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

• Whether to expand the business in the foreign country

• How to improve the factory's safety standards

• How to increase factory productivity

• Whether to follow the company's ethical code or local customs

What is the primary focus of business ethics?

• Enhancing technological advancements

• Improving international relations

• Maximizing profits

• Governing the conduct of business people

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

• Employment practices

• Human rights

• Environmental pollution

• Technological innovation

What role does personal ethics play in business ethics?

• They are unrelated to business ethics

• They are only important for top executives

• They influence individual behavior in business settings

• They are determined by company policies

How can unrealistic performance goals lead to unethical behavior?

• By encouraging innovation

• By promoting teamwork

• By increasing employee satisfaction

• By pressuring managers to cut corners

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

• To maximize profits within the law

• To follow cultural norms

• To prioritize employee welfare

• To engage in community service

According to cultural relativism, how should a company approach ethics?

• By following universal moral principles

• By adopting local ethics wherever it operates

• By imposing home country ethics

• By ignoring ethical considerations

What is a key criticism of the naive immoralist approach?

• It focuses on profit maximization

• It justifies unethical actions if others are doing it

• It promotes ethical leadership

• It encourages cultural sensitivity

What is the main focus of utilitarianism in business ethics?

• Minimizing harm and maximizing good

• Maximizing profits

• Adopting cultural norms

• Following legal requirements

What is a potential downside of utilitarianism?

• It ignores the importance of profits

• It may result in unjust treatment of minorities

• It focuses too much on cultural norms

• It is too rigid in its application