Business Ethics Quiz

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Questions and Answers

If as a manager you believe ethical considerations are outside of business concerns, you are

  • a moral manager
  • you are a Miltonian (Freidman) manager
  • an immoral manager (correct)
  • an a moral manager

Surveys show Americans hold a positive view of all the following EXCEPT

  • Military
  • Churches
  • Nurses
  • Business executives (correct)

The example of Dr. Yamada at GSK shows that

  • one person who has the courage to speak up about moral issues can change corporations ways of thinking (correct)
  • courage and determination can only result in person's isolation in the corporate world
  • even when one manager has the clarity of conscience and the courage to speak up, others in the company will strongly resist any change
  • even when one manager can give his company a moral purpose, it is impossible to convince other companies of the importance of business decisions that do not sacrifice morality for high profits

Freidman argues that in pursuit of their fiduciary responsibilities toward shareholders, business executives are only bound by laws.

<p>False (B)</p> Signup and view all the answers

A provision in a state constitution conflicts with a provision in the U.S. Constitution. If challenged in the court

<p>the U.S. Constitution, not the state provision, will be enforced. (B)</p> Signup and view all the answers

What does the term "purpose gap" refer to in the context of the article by Bravard and her co-authors?

<p>Shortage of forward-thinking leaders (A)</p> Signup and view all the answers

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