UExcel Business Ethics

Question 1

Which ethical theory holds that the morality of an action is determined solely by its consequences?

Accepted Answer

Consequentialism

Answer

Deontology

Answer

Virtue ethics

Answer

Contractarianism

Question 2

A corporate code of ethics primarily serves to:

Accepted Answer

Guide employee behavior and establish organizational values

Answer

Replace government regulations entirely

Answer

Provide legal immunity to executives

Answer

Maximize shareholder profits

Question 3

What is the concept of corporate social responsibility (CSR)?

Accepted Answer

The idea that businesses have obligations to society beyond profit generation

Answer

A company's legal obligation to pay taxes

Answer

A government mandate requiring companies to donate to charities

Answer

The responsibility of the board to maximize stock value

Question 4

Which of the following is an example of a conflict of interest?

Accepted Answer

A purchasing officer selects their spouse's company for a contract without disclosure

Answer

A manager gives positive feedback to a high-performing employee

Answer

A company donates to a nonprofit unrelated to its business

Answer

An employee disagrees with a supervisor's decision

Question 5

What is whistleblowing in a business context?

Accepted Answer

An employee reporting their own company's illegal or unethical conduct

Answer

Reporting a competitor's illegal activities to authorities

Answer

A manager disciplining an employee for misconduct

Answer

A regulatory agency fining a company for violations

Question 6

Deontological ethics, associated with Kant, judges actions based on:

Accepted Answer

Adherence to rules and duties regardless of outcome

Answer

Their outcomes and consequences

Answer

The character of the person performing the action

Answer

Social contracts and agreements