Ethics and Management True or False Quiz

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Questions and Answers

Managers are responsible for ensuring the ethical conduct of employees under their supervision.

True

Managers have no duty to respond to suspected ethical violations.

False

Managers are responsible for creating and implementing changes to ethical codes.

True

Managers' fiduciary duties are an example of ethical responsibility.

True Signup and view all the answers

Managers should act based on a single principle of behavior only.

False Signup and view all the answers

Managers must establish ethical marketing and reporting to overcome temptations.

True Signup and view all the answers

Managers should use all five systems to evaluate multiple dimensions of decisions.

True Signup and view all the answers

Morality refers only to social norms that guide behavior.

False Signup and view all the answers

Morality refers to standards by which people are judged in relationships.

True Signup and view all the answers

Morality and ethics are identical concepts.

False Signup and view all the answers

Philosophy studies only behavioral standards.

False Signup and view all the answers

Philosophical analysis relies on logical reasoning.

True Signup and view all the answers

Ethics is a systematic critical analysis of morality.

True Signup and view all the answers

Ethical systems are universally applicable across all cultures.

False Signup and view all the answers

Eternal Law is interpreted by religious leaders or humanist philosophers.

True Signup and view all the answers

Utilitarianism applies moral standards only to the outcome of actions.

True Signup and view all the answers

The principle of Utilitarianism aims for the greatest benefit for the smallest number of people.

False Signup and view all the answers

Companies focusing only on profits ensure long-term viability.

False Signup and view all the answers

Ethical profitability involves balancing profits and ethics.

True Signup and view all the answers

Long-term profitability is linked with ethical conduct.

True Signup and view all the answers

Ethics at work and personal life are independent of each other.

False Signup and view all the answers

Ethics has specific working hours in the office.

False Signup and view all the answers

Caring for others and honesty are components of ethical awareness.

True Signup and view all the answers

Stretching ethical behavior in revenue generation is a universal temptation.

True Signup and view all the answers

Outright lies about revenue never affect stock price.

False Signup and view all the answers

A high level of trust within a company reduces uncertainty and risk.

True Signup and view all the answers

Trust among team members improves flexibility and creativity.

True Signup and view all the answers

Compliance programs only have legal benefits.

False Signup and view all the answers

Formal compliance programs reduce corporate risks associated with poor ethics.

True Signup and view all the answers

Fisheries ethics only deal with human interests ignoring ecosystem well-being.

False Signup and view all the answers

Fisheries only relate to providing food and have no connection to livelihood.

False Signup and view all the answers

Human interests include material well-being and access to fishing resources.

True Signup and view all the answers

Moral reasoning always relates to the basic interests of humans and the value of the environment.

True Signup and view all the answers

Ethics refers to the moral principles that govern behavior or activities.

True Signup and view all the answers

Synonyms for ethics include conscience, moral code, and principles.

True Signup and view all the answers

Ethics prescribes what humans ought to do based on fairness and virtues.

True Signup and view all the answers

The Oxford Dictionary defines ethics as a natural science.

False Signup and view all the answers

Ethics is a creation of human societies to regulate behavior.

True Signup and view all the answers

Ethics does not distinguish between right and wrong.

False Signup and view all the answers

Collins Thesaurus lists "rules of conduct" as a synonym for ethics.

True Signup and view all the answers

Ethics apply only to individuals, not organizations.

False Signup and view all the answers

Ethics is a set of well-founded standards of right and wrong.

True Signup and view all the answers

Ethical theories are based on previously explained ethical principles.

True Signup and view all the answers

Ethical theories emphasize the same aspects of every ethical dilemma.

False Signup and view all the answers

Ethical theories provide guidelines for the most ethically correct resolution.

True Signup and view all the answers

People base their choice of ethical theory only on laws.

False Signup and view all the answers

Deontology states that people should adhere to obligations and duties in ethical dilemmas.

True Signup and view all the answers

Deontologists believe upholding one's duty is ethically correct.

True Signup and view all the answers

A deontologist will prioritize personal preferences over obligations.

False Signup and view all the answers

Deontology supports keeping promises and following laws.

True Signup and view all the answers

Decisions based on deontology are usually consistent.

True Signup and view all the answers

Deontological ethics are based on individual obligations and duties.

True Signup and view all the answers

What are organizational ethics?

Organizational ethics refer to the principles and values that an organization embodies in its dealings with employees and other entities, whether governmental or non-governmental. Organizational ethics are shaped by the organization's culture and are a combination of organizational behavior and business ethics. They aim to achieve corporate governance and ensure compliance with laws and regulatory standards. Signup and view all the answers

What are the key characteristics of moral problems in management?

The key characteristics of moral problems in management are: <ol> <li>Most ethical decisions have extended consequences.</li> <li>Most ethical decisions have multiple alternatives.</li> <li>Most ethical decisions have mixed outcomes.</li> <li>Most ethical decisions have uncertain consequences.</li> <li>Most ethical decisions have personal implications.</li> </ol> Signup and view all the answers

What is the difference between morality and ethics?

Morality refers to the standards of behavior by which individuals are judged, particularly in their interactions with others. It is based on societal norms and values that dictate what is considered right or wrong. Ethics, on the other hand, encompasses systems of beliefs that support a particular view of morality, often structured through philosophical principles or professional guidelines. Signup and view all the answers

What are the three main categories of basic human interests mentioned in moral analysis?

The three main categories of basic human interests mentioned in moral analysis are: <ol> <li>Welfare: People need basic goods to survive and care for their offspring.</li> <li>Freedom: People seek to regulate their own affairs and realize their life plans in accordance with their own or culturally defined values.</li> <li>Justice: People need to find ways to share social benefits and burdens and facilitate peaceful coexistence.</li> </ol> Signup and view all the answers

What is the origin of the term 'ethics' and what does it mean?

The term "ethics" is derived from the Greek word "ethos," which refers to character, customs, or accepted behaviors. Ethics is defined as the moral principle that governs a person's behavior or how an activity is conducted. Signup and view all the answers

What are the key traits a person must have to be an ethical leader?

According to the text, being an ethical leader involves being a moral person and a moral manager. Key traits include integrity, honesty, trustworthiness, adherence to an ethical code of conduct, and the ability to reason well in ethical decision-making, especially in difficult circumstances. Signup and view all the answers

How can a manager practice ethical leadership in an organization?

As the text states, ethical leadership involves being a role model for others, providing rewards and discipline around ethical and unethical decisions, and openly and frequently communicating about ethics and values. It also includes ensuring decisions are made with concern for society and the welfare of others. Signup and view all the answers

What is the main principle of utilitarianism in ethical decision-making?

According to the text, utilitarianism involves reasoning through a moral conflict by focusing on the greatest good for the greatest number. It assesses the harms and benefits of a decision for all affected parties, giving weight to the collective good over individual interests, unless the harm to the individual is severe or fatal. Signup and view all the answers

How does the principle of justice guide managers in ethical decision-making?

As mentioned in the text, the principle of justice emphasizes fairness, equity, and impartiality. It involves making decisions behind a "veil of ignorance," where decision-makers do not know their position in the system after the decision is made. This ensures fairness for all affected parties. Additionally, Kant's concept of the categorical imperative suggests that actions should be acceptable if anyone in a similar situation acted the same way. Signup and view all the answers

What is the main idea behind the ethic of care in ethical decision-making?

The ethic of care emphasizes the importance of relationships in ethical decision-making. It suggests that moral responsibilities vary based on how closely one is connected to others. For example, more moral consideration may be given to the well-being of a family member or a long-term employee who is tightly connected to the organization, compared to an unrelated individual or a newly hired employee. Signup and view all the answers

Study Notes

True or False Statements

Managers are responsible for ensuring ethical employee conduct. (True)
Managers are not obligated to respond to suspected ethical violations. (False)
Managers are responsible for creating and enforcing ethical codes. (True)
Managers' fiduciary duties exemplify ethical responsibility. (True)
Managers should only adhere to one principle of behavior. (False)
Managers should ethically market and report to avoid temptation. (True)
Managers should use all relevant systems for decision evaluation. (True)
Morality only refers to social norms. (False)
Morality determines judgment in relationships. (True)
Morality and ethics are interchangeable concepts. (False)
Philosophy only studies behavioral standards. (False)
Philosophical analysis utilizes logical reasoning. (True)
Ethics is a systematic examination of morality. (True)
Ethical systems are applicable globally. (False)
Eternal Law is interpreted by religious and humanist leaders. (True)
Utilitarianism only considers action outcomes. (True)
Utilitarianism seeks the greatest benefit for the most people. (False)
Profit maximization ensures long-term viability for companies. (False)

Ethical Profitability

Ethical profitability balances profit and ethics. (True)
Long-term profitability is connected to ethical conduct. (True)
Work and personal ethics are interdependent. (True)
Ethics has no specific time constraints for application. (True)
Ethical awareness involves caring and honesty. (True)
Excessive stretching for revenue is a common ethical temptation. (True)
Material misrepresentations about revenue affect stock prices. (True)
High trust reduces uncertainty and risk in a company. (True)
Trust among team members fosters flexibility and creativity. (True)
Ethical conduct does not only provide legal benefits. (True)
Compliance programs can mitigate risks of unethical behavior. (True)

Fisheries Ethics and Human Interests

Fisheries ethics should consider ecosystem well-being and human livelihoods. (True)
Fisheries ethics primarily supports food production. (False)
Human interests include well-being and resource access. (True)

Moral Reasoning and Ethics

Moral reasoning considers human interests and environmental value. (True)
Ethics governs behavior and activities. (True)
Synonyms for ethics include conscience, moral code, and principles. (True)
Ethics prescribes behavior based on fairness and virtue. (True)

Defining Ethics

The Oxford Dictionary defines ethics as a natural science. (False)
Ethics is created by humans for regulating conduct. (True)
Ethics distinguishes right and wrong. (True)
Conduct rules are a synonym for ethics. (True)
Ethics is universal. (False)
Ethics standards are well-founded. (True)
Ethical theories are based on ethical principles. (True)
Ethical theories address all ethical dilemmas similarly. (False)
Ethical theories guide ethical resolution. (True)
Ethical theory choice does not solely rely on laws. (True)
Deontology prioritizes adherence to obligations and duties. (True)
Deontology values adherence to duty. (True)
Deontologists prioritize promises and lawful conduct. (True)

Organizational Ethics

Organizational ethics involve principles and values influencing interactions with various entities.
Organizational ethics are influenced by company culture.
Compliance with laws and standards is a component of organizational ethics. This compliance aims to create corporate governance, and to ensure standards.

Moral Problems in Management

Ethical decisions have significant consequences.
Ethical dilemmas have multiple possible resolutions.
Ethical choices sometimes have mixed outcomes.
The impacts of ethical decisions may not be clear immediately.
Decisions have ramifications for the decision-maker.

Morality vs. Ethics

Morality refers to behavior standards for judging individuals.
Morality is influenced by societal norms.
Ethics are systems of beliefs that reflect ideas of right and wrong.
Ethics have a philosophical or professional framework.

Basic Human Interests

Basic human interests include welfare, freedom, and justice.
Welfare involves basic necessities for survival and offspring.
Freedom encompasses self-governance and achieving personal goals.
Justice involves fair benefits and burden-sharing in society.

Origin of "Ethics"

The word "ethics" originates from the Greek word "ethos."
"Ethos" relates to character, customs, and acceptable conduct.
Ethics is a framework for guiding conduct.

Ethical Leadership Traits

Ethical leaders possess traits like integrity, honesty, and trustworthiness.
Ethical leaders hold themselves to high ethical standards.
Ethical leadership involves considering the well-being of others.
Ethical leaders are skilled at making sound decisions, especially in complex situations.

Ethical Leadership Practices

Ethical leaders model ethical conduct for others.
Ethical leaders reward and discipline ethical behavior.
Ethical leaders frequently communicate about values and ethics.
Ethical leaders make decisions mindful of societal well-being.

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Test your understanding of ethical responsibilities and principles in management. This true or false quiz covers various aspects of managerial ethics and morality, helping you assess your knowledge on ethical conduct and decision-making. Dive in to see how well you grasp these important concepts.

Ethics and Management True or False Quiz

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Questions and Answers

Managers are responsible for ensuring the ethical conduct of employees under their supervision.

Managers have no duty to respond to suspected ethical violations.

Managers are responsible for creating and implementing changes to ethical codes.

Managers' fiduciary duties are an example of ethical responsibility.

Managers should act based on a single principle of behavior only.

Managers must establish ethical marketing and reporting to overcome temptations.

Managers should use all five systems to evaluate multiple dimensions of decisions.

Morality refers only to social norms that guide behavior.

Morality refers to standards by which people are judged in relationships.

Morality and ethics are identical concepts.

Philosophy studies only behavioral standards.

Philosophical analysis relies on logical reasoning.

Ethics is a systematic critical analysis of morality.

Ethical systems are universally applicable across all cultures.

Eternal Law is interpreted by religious leaders or humanist philosophers.

Utilitarianism applies moral standards only to the outcome of actions.

The principle of Utilitarianism aims for the greatest benefit for the smallest number of people.

Companies focusing only on profits ensure long-term viability.

Ethical profitability involves balancing profits and ethics.

Long-term profitability is linked with ethical conduct.

Ethics at work and personal life are independent of each other.

Ethics has specific working hours in the office.

Caring for others and honesty are components of ethical awareness.

Stretching ethical behavior in revenue generation is a universal temptation.

Outright lies about revenue never affect stock price.

A high level of trust within a company reduces uncertainty and risk.

Trust among team members improves flexibility and creativity.

Compliance programs only have legal benefits.

Formal compliance programs reduce corporate risks associated with poor ethics.

Fisheries ethics only deal with human interests ignoring ecosystem well-being.

Fisheries only relate to providing food and have no connection to livelihood.

Human interests include material well-being and access to fishing resources.

Moral reasoning always relates to the basic interests of humans and the value of the environment.

Ethics refers to the moral principles that govern behavior or activities.

Synonyms for ethics include conscience, moral code, and principles.

Ethics prescribes what humans ought to do based on fairness and virtues.

The Oxford Dictionary defines ethics as a natural science.

Ethics is a creation of human societies to regulate behavior.

Ethics does not distinguish between right and wrong.

Collins Thesaurus lists "rules of conduct" as a synonym for ethics.

Ethics apply only to individuals, not organizations.

Ethics is a set of well-founded standards of right and wrong.

Ethical theories are based on previously explained ethical principles.

Ethical theories emphasize the same aspects of every ethical dilemma.

Ethical theories provide guidelines for the most ethically correct resolution.

People base their choice of ethical theory only on laws.

Deontology states that people should adhere to obligations and duties in ethical dilemmas.

Deontologists believe upholding one's duty is ethically correct.

A deontologist will prioritize personal preferences over obligations.

Deontology supports keeping promises and following laws.

Decisions based on deontology are usually consistent.

Deontological ethics are based on individual obligations and duties.

What are organizational ethics?

What are the key characteristics of moral problems in management?

What is the difference between morality and ethics?

What are the three main categories of basic human interests mentioned in moral analysis?

What is the origin of the term 'ethics' and what does it mean?

What are the key traits a person must have to be an ethical leader?

How can a manager practice ethical leadership in an organization?

What is the main principle of utilitarianism in ethical decision-making?

How does the principle of justice guide managers in ethical decision-making?

What is the main idea behind the ethic of care in ethical decision-making?

Study Notes

True or False Statements

Ethical Profitability

Fisheries Ethics and Human Interests

Moral Reasoning and Ethics

Defining Ethics

Organizational Ethics

Moral Problems in Management

Morality vs. Ethics

Basic Human Interests

Origin of "Ethics"

Ethical Leadership Traits

Ethical Leadership Practices

Studying That Suits You