Section one Multiple Choice
Section one Multiple Choice A/B/C/D
This section is awarded 50 points; 2 points per correct answer to the question. Please choose the MOST appropriate answer.
What is the grey area in the relationship between ethics and the law?
The grey area stands for areas where values are in conflict
The grey area stands for the codification of ethics in specific social rules, regulations, and proscriptions
The grey area stands for social rules, regulations, and proscriptions that have been broken
The grey area stands for special cases that still need to be taken to court
Answer: a
What two developments have been particularly important to globalization according to Crane and Matten?
Social and economic developments
Economic and technological developments
Social and political developments
Political and technological developments
Answer: d
According to the stakeholder theory of the firm, a model in which the company is perceived to be related to four groups (shareholders, suppliers, customers, and employees) is known as the _____________ model.
Traditional
Stakeholder
Network
Empirical
Answer: a
Corporate social responsibility
Corporate social responsiveness
Corporate citizenship
Corporate accountability
Answer: b
John Rawls is associated with which normative ethical theory?
Utilitarianism
Ethics of duties
Ethics of rights
Ethics of justice
Answer: d
According to utilitarianism, an action is morally right if it results in the greatest amount of good for the greatest amount of people affected by the action. There are some problems with utilitarianism, according to Crane and Matten. Which of the following is NOT