1. Mary Tudor decides to use insider information to sell stock.She justifies this decision by saying that if she did not do this,she will lose money and have to cut down on her staff which willhurt her employees. This defense best illustrates
A. profit maximization B. rights theory C. Kant's categoricalimperative. D. Stakeholder theory
2. Who are the "stakeholders" that a corporate manager shouldnot consider when making a management decision?
A. Owners of shares of stock in the corporation B. Employees ofthe corporation C. The community in which the corporation operatesD. Corporate manager's family
3. "I am entitled to a job, a place to live, food, and healthcare regardless of how hard I work, how motivated I am to work toearn those things." This is:
A. Rights Theory B. Justice Theory C. Utilitarianism D. ProfitMaximization
4. Enron's executives' creation of partnerships that allowedEnron to keep liabilities off the balance sheet yet generate incomethat could be recognized in the current period could be describedas an example of:
A. Rule utilitarianism. B. Act utilitarianism. C. Profitmaximization. D. Kant's categorical imperative.
5. Which of the following is not the prescribed guideline forethical decision making?
A. What facts impact my decision? B. What are the alternatives?C. What factors appeal to pity? D. How do the alternatives impactthe decision maker?
7. Debra is talking to Alex, her stockbroker. Debra asks Alex ifshe can trust his advice to purchase Acme Co. stock. Alex replies:"Of course you can." Debra asks: "Why can I trust you?" Alex sayswith a smile, "because I am a trustworthy person." Alex is engagingin:
A. circular reasoning. B. a bandwagon fallacy. C. argumentum adbaculum. D. criminal sanctions to curb irresponsible corporatebehavior.
1. Mary Tudor decides to use insider information to sell stock.She justifies this decision by saying that if she did not do this,she will lose money and have to cut down on her staff which willhurt her employees. This defense best illustrates
A. profit maximization B. rights theory C. Kant's categoricalimperative. D. Stakeholder theory
2. Who are the "stakeholders" that a corporate manager shouldnot consider when making a management decision?
A. Owners of shares of stock in the corporation B. Employees ofthe corporation C. The community in which the corporation operatesD. Corporate manager's family
3. "I am entitled to a job, a place to live, food, and healthcare regardless of how hard I work, how motivated I am to work toearn those things." This is:
A. Rights Theory B. Justice Theory C. Utilitarianism D. ProfitMaximization
4. Enron's executives' creation of partnerships that allowedEnron to keep liabilities off the balance sheet yet generate incomethat could be recognized in the current period could be describedas an example of:
A. Rule utilitarianism. B. Act utilitarianism. C. Profitmaximization. D. Kant's categorical imperative.
5. Which of the following is not the prescribed guideline forethical decision making?
A. What facts impact my decision? B. What are the alternatives?C. What factors appeal to pity? D. How do the alternatives impactthe decision maker?
7. Debra is talking to Alex, her stockbroker. Debra asks Alex ifshe can trust his advice to purchase Acme Co. stock. Alex replies:"Of course you can." Debra asks: "Why can I trust you?" Alex sayswith a smile, "because I am a trustworthy person." Alex is engagingin:
A. circular reasoning. B. a bandwagon fallacy. C. argumentum adbaculum. D. criminal sanctions to curb irresponsible corporatebehavior.
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