1. For its part, a business operates within at least how many cultures? Select one:

a. one
b. two
c. three
d. none

2. An application of Rawls’s justice theory results in business ethics being the duty of a corporate compliance or ethics department. Select one:

a. True
b. False

3. An ethical financial advisor must ________. Select one:

a. donate to charitable causes
b. be truthful about all fees
c. focus only on potential profit to clients
d. have the same fees as other financial advisors

4. Which are the universal principles of behavior? Select one:

a. honesty and integrity
b. virtue ethics and utilitarianism
c. loyalty to management
d. respect for business diversity

5. South Korean companies like LG and Samsung employ 52,000 workers in the United States, and many U.S. companies now manufacture their products abroad. This is an example of ________. Select one:

a. consumerism
b. globalization
c. marketing
d. mercantilism

6. Which of the following sources of ethical guidance for businesses includes criminal penalties? Select one:

a. the company code of conduct
b. federal law
c. International Standards Organization (ISO) guidelines
d. Consumer demands for ethical conduct

7. Which of the following describe John Rawls’s theory of justice? (Select all that apply.)

a. Maximizing wealth for everyone should be a goal
b. Justice as fairness
c. The state is obliged to take care of the less advantaged

d. Social contract theory deals with state autonomy.

8. Consumer feedback on social media sites does not affect a company’s prospects or status as ethical. Select one:

a. True
b. False

9. Which of the following most likely contributes to a corporation’s positive work atmosphere over the long term? Select one:

a. having remote working policies for employees
b. treating suppliers fairly
c. engaging in cross-border business
d. being committed to ethical business practices

10. Business ethics exists on which of the following three levels? Select the best answer.

a. federal, state, and local
b. individual, organizational, and societal
c. individual, managerial, and corporate
d. compliance, leadership, and governmental compliance

11. What is ethics? Select one:

a. standards of behavior for professional and personal lives
b. standards of behavior for business only
c. someone who is acting empathetic
d. setting norms for ways one interacts only with coworkers

12. Which of the following are conjectures or steps in justice theory? (Select all that apply.)

a. entering into and agreeing to the contract
b. including basic conditions in and ensuring stability of the contract

c. maximizing the welfare of all individuals and ensuring the government is fair
d. maximizing the welfare of the most disadvantaged individuals

13. Which of the following best describes how unconditioned ethics is a challenge to a global organization? Select one:

a. a domestic organization dealing with lobbyists and local political interests
b. a global organization dealing with suppliers and multiculturalism
c. a domestic organization dealing with governmental licensing
d. a global organization dealing with nongovernmental organizations and cross-border morality

14. Which of the following definitions best describes consumerism? Select one:

a. the lifestyle characterized by the acquisition of goods and services
b. the challenges of outsourcing production to lower costs and increase profits
c. the theory that global wealth is static and prosperity comes from wealth through extraction
d. the resistance to a culture or way of life emphasizing consumer goods

15. An action is ethical if it is ________. (Select all that apply.)

a. grounded in good will
b. provides for the greater good of personal achievement
c. is grounded in reality and interpretation
d. provides more for others than one’s self

16. Which of the following definitions best describes mercantilism? Select one:

a. a lifestyle characterized by the acquisition of goods and services
b. the view that wealth creation is the key to economic growth and prosperity
c. the theory that prosperity depends on extracting wealth or accumulating it from others
d. the theory that without a relationship, there can be no exchange of goods or services

17. Which commercial transaction in the New World exemplifies the complexity that results when different cultures, experiences, and ethical codes come into contact? Select one:

a. the Dutch and Native American trade
b. the Dakota land trade
c. the Louisiana Purchase
d. the “purchase” of Manhattan

18. Unless key leaders have a vision for the organization and themselves, and a path to achieving it, there can be no balance of beliefs about profitability and responsibility, or integration of business with culture. Select one:

a. True
b. False

19. When corruption takes place, at which basic level is it a matter of conscience? Select one:

a.individual
b.organizational
c.managerial
d.societal

20. Virtue ethics is an ethical system based on the exercise of which virtues? Select one:

a. courage, decorum, and accountability
b. courage, honor, and loyalty
c. conscientiousness, honor, and accountability
d. courage, decency, and leadership

21. Which of the following describes the difference between enculturation and acculturation? Select one:

a. Enculturation refers specifically to the cultural transmission and socialization process that stems from cultural exchange, whereas acculturation refers to the process by which humans learn the rules, customs, skills, and values to participate in a society.
b. Enculturation refers to the process by which humans learn the rules, customs, skills, and values to participate in a society, whereas acculturation refers specifically to the cultural transmission and socialization process that stems from cultural exchange.
c. Enculturation refers to the culture all humans are born with, regardless of their origin, whereas acculturation refers to the process of humans learning what is considered appropriate behavior in their surrounding cultures.
d. Enculturation refers to the process of humans learning what is considered appropriate behavior in their surrounding cultures, whereas acculturation refers to the culture all humans are born with, regardless of their origin.

22. Ethics are the ________ to which we hold ourselves accountable in our professional and personal lives. Select one:

a. high-level manners
b. standards of behavior
c. utmost conduct
d. challenges in decision-making

23. For utilitarianism, the intent of the actors and how humanely people are treated are the determining factors. Select one:

a. True
b. False

24. Phronesis is a practical wisdom that enables us to act virtuously. Select one:

a. True
b. False

25. The Enlightenment was a period during which religion and ethics were separated successfully. Select one:

a. True
b. False

Graded Quiz 3

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