UTSA GBA exam 1

| July 29, 2018

Question 1
According to Cultural Relativism, the most wealthy
countries have proven to create the greatest good and so the most wealthy
countries set the example for objective universal moral truths.
True
False

Question 2
Kant’s categorical imperative states
that you should _________________________________________.

Act only on that maxim that generates peace among cultures and
societies.

Act only on that maxim that produces the greatest good for the
greatest number of people.

Act only on that maxim that produces the greatest wealth among
nations.

act only on that maxim through which you can at the same time will that it should become a universal law.

Act only on that maxim that produces the least number of conflicting
duties.

Question 3
Bowie thinks that human beings possess a _____ that
is beyond all price.

respect

dignity

work ethic

loyalty

hope

Question 4
What is a sufficient condition for a
decision in business to be considered an “ethical” issue?

A sufficient condition for categorizing a business decision as an
“ethics” issue is that the decison is made by anyone in the
accounting department.

A sufficient condition for categorizing a business decision as an
“ethics” issue is that the decision involves lawyers.

A sufficient condition for categorizing a business decision as an
“ethics” issue is that everyone complains about the decision.

A sufficient condition for categorizing a business decision as an
“ethics” issue is that the decision affects people and what people
care about in a significant way.

All of the above.

Question 5
Which of the following is an
example of restricting a person’s autonomy?

Rape

Locking them in a room for 3 hours.

Manipulating a person to choose the option that you want.

Lying to your customers about the quality of the product you are
selling.

All of the above.

Question 6
“There is no ‘universal truth’ in ethics, that
is, there are no moral truths that hold for all peoples at all times” is a
tenant of which moral theory?

Cultural relativism

Kantianism

Utilitarianism

Consequentialism

Moralism

Question 7
Which of the following is an
example of violating or restricting one’s ability to rationalize?

Gaslighting- creating a state of paranoia

Getting them drunk or
drugged up.

Overly complimenting them to make them feel good.

A and B

B and C

Question 8
Friedman holds that executives are fiduciaries of
stockholders.
True
False

Question 9
By definition, firms buy the goods or services they need
from their own stakeholders.
True
False

Question 10
According to the Economist, what
should employers do when sending employees to dangerous places?

Require a physical exam by a doctor before the employee takes the
job

Pay for life insurance in case the employee is killed

Have employees sign a waiver and promise not to sue

Assess the risks, avoid
pressuring employees, and use experienced staff

Tell employees how valuable their work is to the company

Question 11

If a person’s ability to be
rational and autonomous has been violated or restricted, then that person’s
dignity has been violated.
True
False

Question 12
Which of the following is not considered an economic system?

Communism

Capitalism

Democracy

Socialism

Question 13
What is the “boiling frog” syndrome mentioned
by the Economist article?

When in a foreign country, you might not be aware of dangers like
poisonous frogs.

When the danger increases
gradually, you might not be aware of it.

When you need a job, you might be willing to work somewhere dangerous.

When you are the boss, you might pressure employees to work somewhere
dangerous.

When you eat too many frogs, you might get sick.

Question 14
Friedman would rather the economic market take care of itself
and leave social responsibilities, such as environmental husbandry, to the
government.
True
False

Question 15
Friedman thinks that people, and NOT businesses,
have:

Responsibilities

Inherent value

code of ethics

To be watchful of businesses

All of the above

Question 16
According to Adam Smith, it is not in our human
nature to care about other people, expecially when those people do not
contribute to our own happiness or wealth. This is why people are only
motivated by profit.
True
False

Question 17
In Friedman’s words, the reason that the corporate
executive is chosen by the stockholders is that:

“The executive is the top employee, and they are the most
important customer.”

“Markets will afford him more respect.”

“The
executive is an agent serving the interests of his principal.”

“They should have all of the power in all circumstances.”

“The executive should indeed keep the stockholder in mind when
making difficult decisions.”

Question 18
We as fully functioning human beings have the
ability to learn and know the difference between right and wrong. We
refer to this ability in class as:

Logic

Evolution

Compassion

Rationality

Instinct

Question 19
According to cultural relativism, there is no
objective morality that binds all persons to the same moral obligations.
True
False

Question 20
Which are main claims of Cultural Relativism?

There is no objective standard that can be used to judge one’s social
code better than another.

Cultures are incapable of maintaining peace.

Universal truths in morality exist, although very hard to discover.

The moral code of own
society has no special status, it is merely one among many.

C and D

A and D

Question 21
According to cultural relativism, culture or society
determines what is right or wrong behavior.
True
False

Question 22
The “ought implies can”
rule can be summarized by the which statement?

Anything a person is capable of doing is fair game.

If a person is able to save 5 people from dying, then he has moral
obligation to do so.

A person is obligated to save 5 people from dying if and only if
other poeple are obligated to do so as well.

If I am not capable of doing ‘X’, then it makes no sense to conclude
that I ought to do ‘X’.

All of the above.

Question 23
According to Kantianism, our reason reveals our duties.
True
False

Question 24
Norman Bowie argues that, generally
speaking, we should __________ people.

A.

Exploit

B.

Bluff

C.

Love

D.

Respect

E.

Undermine

Question
25
Moral/ethical obligations
are all grounded in laws that have been passed and enforced by the
governement..
True
False

Question 26
The notion of ‘doing right for
rights sake’ is:

Democratic

Kantian

Utilitarian

Cultural Relativism

Question 27
According to Friedman, when a
business is concerned with social responsibility, the executives are:

Wasting their money

Spending other people’s money rather than their own

Being heroes

Doing the best they can
given the situation

Left without any other choice

Question 28

Kant argues that freedom and the ability to make moral decisions are what make
human beings especially valuable.

True

False

·

Question
29

Autonomy refers to the human preference of making rational choices
for other people.

True

False

Question 30
Norman Bowie argues that, generally speaking, we
should _____ people.

undermine

respect

exploit

bluff

love

Question 31

Kant argues for the respect of persons.

True

False

Question 32

An owner of a corporation is not a stakeholder in a corporation.

True

False

Question 33
According to Utilitarianism, the most
moral action is the action that produces _____________________________.

the greatest good for the
greatest number.

the greatest efficient outcomes.

compliance with ones culture or society.

precedent for duty so that other may use that precedent as future
guidelines.

none of the above.

Question 34

Friedman believes that a corporation is like an artificial person.

True

False

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