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Canadian Business and Society

Business

Quiz 5 :

Ethics of Business: The Theoretical Basis

Quiz 5 :

Ethics of Business: The Theoretical Basis

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James thinks that he should not consider the needs or interests of others before making ethical decisions.On Kaler's scale of gradations of self-interest and morality,James would be considered:
Free
Multiple Choice
Answer:

Answer:

B

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The hamlet of Smallville had one small store that provided all the basic necessities to the residents.The chain that owned the store decided to shut down the store as the hamlet was too small to allow the store to generate sufficient profits.The people of the town Were upset and claimed that the damage that it caused them outweighed the harm caused to the chain by the reduced income.The store was closed.The store management applied the principle of ethic to this decision.
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Multiple Choice
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Answer:

A

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It isn't enough just to be honest.It is also important that managers and corporations act with compassion.To relocate a factory without considering the harm that would cause to one's community would be unethical.This position supports the principle of ethical analysis.
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Multiple Choice
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Answer:

D

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Students who cheat on this test will receive an "F." This policy,if enacted at your university,would be consistent with the justice principle.
Multiple Choice
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Samantha has applied to work at a local movie theatre.She asks to work the night shift,because that is when her boyfriend works.She is told that she cannot work the night shift because she is female.She reminds the employer that discrimination on the basis of sex is illegal.The manager agrees and Samantha is given her choice of shifts.The manager made the decision on the basis of the ethic.
Multiple Choice
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NTU Restaurants is a leader in the food services sector.Jane applies for a job as a server and is told that she will be working in the kitchen,despite having many years of experience waiting tables.She notices that all the servers are young people,many of whom have no experience in the industry.Jane considers filing a human rights Complaint.The ethical implications in this example relate to which aspect of business operations for NTU Restaurants?
Multiple Choice
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There are very few parking places near the campus entrances.The university institutes a lottery to equalize the chances for all students and faculty to gain the benefit of parking in these lots.It is seen as fairer that way,even though the other parking spaces on campus are allocated on a 'first come,first served' basis.The lottery system is consistent with the justice principle.
Multiple Choice
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Daniel was considering whether or not he should submit the copy for the annual shareholder's report.He believes that the information does not fully disclose the truth regarding a planned merger.He wonders to himself: "What would my mom say if she Found out what I was condoning?" Daniel is applying which principle of ethical analysis?
Multiple Choice
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The financial analyst for a mining company is asked to estimate the return on investment for a new business opportunity.She informs the CEO that she thinks that ethical issues require consideration because the company's behaviour will be judged on the basis of Environmental impact.Ethical judgments,she suggests,should be made applying which level of ethical assessment?
Multiple Choice
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Michael is worried about a new product that his company plans to market.He thinks that the marketing campaign planned for the product will lead customers to think that the alternate product in the market is inferior,when the products are not substantively different.The potential ethical implications relate to which aspect of the business operation?
Multiple Choice
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The students were frustrated.Every time they asked their professor to give an ethical assessment,she would reply,"It depends".The professor felt that there were no rules or standards to guide behaviour and that every decision depends on the circumstances.The professor is applying:
Multiple Choice
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The decision to relocate the factory to Mexico was difficult,but the shareholders overwhelmingly agreed with the move.The production manager and the other managerial staff were all offered comparable positions in Canada,but the production workers themselves were laid off.The manager argued that managerial staff should be treated differently than the production employees.The manager's decision violated the principle of:
Multiple Choice
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The manager of OIL Corporation is considering whether to locate a retail gasoline station across the street from a small,independent retailer.OIL Corporation feels that its ethical obligation is to focus on maximizing profit for shareholders.The manager intuitively feels that opening this location will be good for shareholders and that this is a worthy Goal for the corporation.The manager is operating at which level of ethical assessment?
Multiple Choice
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The decision to relocate production to a developing nation is complex.There will be certain harms to the current employees in Canada,as well as to the community in which the Canadian factory is located.There are also significant benefits.Some stakeholders, Such as the stockholders,will feel these benefits more than others.The future employees in the developing nation will certainly benefit from the relocation.Other options are Considered and it is determined that the benefits of relocation outweigh the negatives.The decision is made on the basis of the principle of ethical reasoning.
Multiple Choice
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Immanuel is expanding his business and will be contracting with a factory in Vietnam to produce product that he will sell globally from his Canadian head office.He is sensitive to the different cultures and will attempt to ensure that his business practice reflects this awareness.He knows that what is morally appropriate in Canada may not be morally appropriate in Vietnam.Immanuel is applying:
Multiple Choice
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LZY Corporation has been accused of misleading advertising.The product displayed in their television advertisement does not look like the product consumers purchase in stores.The claim is made that LZY Corporation is not a good corporate citizen in that The advertising is deceptive and corporations should be honest in their advertising.This complaint implies an application of the principle of ethical analysis.
Multiple Choice
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The partnership had reached a point where both Jane and Jack decided to terminate their relationship.Every day at work,they argues in the presence of customers and other employees.Jack was so annoyed that he was prepared to walk away and personally saw nothing wrong with that.He knew Jane was prepared to leave him with their joint debts and just walk away and he thought that he should do it before she did.Because of the debts held by the company,however,he knew that he couldn't just walk away.Jack is Influenced by in determining what behaviour is ethical in his particular Circumstance.
Multiple Choice
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A food manufacturer is relocating operations to a facility where the product may come into contact with peanuts.Although this manufacturer has never marketed its product as peanut free,the CEO is aware that,amongst parents of children with peanut allergies, Their company's product is considered safe.The CEO is aware that this may raise ethical concerns.The CEO is operating at which level of ethical assessment?
Multiple Choice
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"It doesn't seem fair that I have to pay employees even if they don't work on the statutory holiday," lamented Wesley,"but,I guess that I have no choice." This example shows the influence of a(n)ethic on decision-making.
Multiple Choice
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Dave is unhappy with the downsizing decision made by his firm.He has been employed for many years with the company and he thought that his seniority would have protected him.He believes that he is the only long-term employee to be released and wonders why the policy didn't apply to him.Dave's concern is regarding justice.
Multiple Choice
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