Ethics and Morality in Business
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Questions and Answers

What is the basis of ordinary morality?

  • Respect for truth and honesty (correct)
  • Respect for authority
  • Respect for personal gain
  • Respect for social norms

According to Henry Taylor, when does falsehood cease to be falsehood?

  • When it is spoken in a formal setting
  • When it is understood on all sides that the truth is not expected to be spoken (correct)
  • When it is spoken by a person of authority
  • When it is spoken in a foreign language

Why do corporate executives often bluff in business?

  • To deceive their competitors
  • In the interests of the company or themselves (correct)
  • To protect their personal interests
  • To impress their clients

What is the consequence of a business person always telling the truth in the business game?

<p>They put themselves at a severe disadvantage (D)</p> Signup and view all the answers

What is the characteristic of business, according to the passage?

<p>Impersonal (A)</p> Signup and view all the answers

Why did the job candidate choose not to check the magazines he actually read?

<p>He wanted to appear more conservative (C)</p> Signup and view all the answers

What is the main characteristic of the person who usually wins in poker?

<p>Intimate knowledge of the rules and skill (A)</p> Signup and view all the answers

Why is bluffing in poker considered acceptable?

<p>Because it's a special rule of poker (C)</p> Signup and view all the answers

What does the author argue is the real reason behind claims that 'it pays to be ethical' in business?

<p>That it's a game strategy to avoid hostility and increase profits (A)</p> Signup and view all the answers

What is the main difference between the rules of poker and ordinary morality?

<p>Poker has its own special rules, while morality is universal (A)</p> Signup and view all the answers

What is the author's view of the concept of business ethics?

<p>It's an illusion with no basis in reality (D)</p> Signup and view all the answers

What is the consequence of getting caught cheating in poker?

<p>You're banned from the game (B)</p> Signup and view all the answers

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