BUSG 210 - Practice Midterm II
Which company attributes increase in value as stakeholders view that company in a positive light? -
✔✔company name or logo
An ethical financial advisor must ________. - ✔✔be truthful about all fees
%
True or false? Goodwill only applies to shareholders, and it is the amount of money a shareholder
could make after selling a holding in a company. - ✔✔false
Which of the following best describes the role of ethics in a business environment? - ✔✔guiding the
conduct by which companies and their agents abide by the law
0
True or false? Employees consider whether a company is ethical when selecting potential employers.
- ✔✔true
True or false? The Forbes list of ethical companies is based on the publication's own research rather
0
than a governmental standard. - ✔✔true
Which elements constitute corporate culture? - ✔✔how the CEO interacts with his or her employees
and managers
1
True or false? The environment is not considered a stakeholder. - ✔✔false
An analysis of perceived priority of shareholder impact should include which of the following? -
✔✔interests and goals of shareholders
Why is ethical relativism a good concept to adopt? (Select all that apply.) - ✔✔One does not want an
inconsistent outcome.
Which is the best example of a recent company crisis caused by poor leadership? - ✔✔Uber
The basic unit of utilitarianism is a util, which acts as a ________. - ✔✔monetary unit
True or false? An application of Rawls's justice theory results in business ethics being the duty of a
corporate compliance or ethics department. - ✔✔false
True or false? Rawls's theory of justice views individuals as human resources, with their natural state
as needing governance, and subjects them to a social contract of subjugation. - ✔✔false
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