Les 305 Exam Practice Questions and Answers (100% Pass)
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Course
LES 305
Institution
LES 305
Les 305 Exam Practice Questions and
Answers (100% Pass)
Compliance with the law meets all ethical standards. True or false? -
Answer️️ -False
I was just following orders" is a defense in law and a test for ethical
behavior. True or false ? - Answer️️ -False
Many companies that had bee...
Les 305 Exam Practice Questions and
Answers (100% Pass)
Compliance with the law meets all ethical standards. True or false? -
Answer✔️✔️-False
I was just following orders" is a defense in law and a test for ethical
behavior. True or false ? - Answer✔️✔️-False
Many companies that had been headquartered in the United States have
decided to conduct corporate inversions, in which they sell their assets to a
foreign corporation so they can claim a new residence in that country for
corporate tax purposes and avoid paying corporate taxes in the United
States. This action is permissible under which school of social
responsibility? a. inherence school
b. enlightened self-interest school
c. invisible hand school
d. social responsibility school - Answer✔️✔️-inherence school (it is an action
designed to benefit shareholders exclusively)
With respect to the corporate inversions described above, they are
permissible under which ethical theory? a. primum non nocere.
e. None of the answer choices are correct - Answer✔️✔️-ethical egoism
What question is missing from this model of the steps for analyzing ethical
dilemmas in your book?
i. Gather the facts.
ii. List missing information and your assumptions.
iii. Generate list of alternatives and apply ethical decision-making models.
iv. Evaluate resolutions for cost, legality and impact.
v. Recommend and take action. a. Follow management's code of conduct.
b. Follow your industry's code of conduct.
c. Apply ethical decision-making models.
d. List each stakeholder's interests (concerns) in the dilemma.
e. Nothing is missing from the model above. - Answer✔️✔️-List each
stakeholder's interests (concerns) in the dilemma.
Is there an ethical issue when restaurants and shops give customers
discounts, free meals and other kickbacks in exchange for good reviews on
Yelp and other social media websites? a. No. Everyone else is doing it, so
there is no problem.
b. No. This is allowable using utilitarianism.
c. No. Customers can be objective under the circumstances.
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