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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?

They put themselves at a severe disadvantage Signup and view all the answers

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

Impersonal Signup and view all the answers

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

He wanted to appear more conservative Signup and view all the answers

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

Intimate knowledge of the rules and skill Signup and view all the answers

Why is bluffing in poker considered acceptable?

Because it's a special rule of poker 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?

That it's a game strategy to avoid hostility and increase profits Signup and view all the answers

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

Poker has its own special rules, while morality is universal Signup and view all the answers

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

It's an illusion with no basis in reality Signup and view all the answers

What is the consequence of getting caught cheating in poker?

You're banned from the game Signup and view all the answers