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PHIL 1404 Exam Practice Questions and Answers
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Adam Smith asserted that laborers must be tightly controlled to preserve economic growth. -
ANSWER-False
Ethical ______________ is determining mentally t...
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PHIL 1404 Exam Practice Questions and
Answers
Which of the following is not an important step to include in an ethics training session? - ANSWER✔✔-c.
presentation of a current ethical dilemma the company is facing and allowing participants to determine
the solution
Dilemmas often arise because people usually have a very short time to respond to an ethical issue. -
ANSWER✔✔-True
Adam Smith promoted self-interest as the primary motivation for individual behavior. - ANSWER✔✔-
True
Power obtained by being a source of knowledge or skills is called _____________ power. - ANSWER✔✔-
e. expert
Adam Smith argued that "wealth of nations" resulted from which of the following? - ANSWER✔✔-d. all
of the above
Aristotle's Nicomachean Ethics concludes that ___________ "is the meaning and the purpose of life, the
whole aim and end of human existence." - ANSWER✔✔-d. happiness
Fraud typically occurs in which types of organizations? - ANSWER✔✔-d. all of the above
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, Copyright © KAYLIN 2024/2025 ACADEMIC YEAR. ALL RIGHTS RESERVED FIRST PUBLISH NOVEMBER, 2024
Adam Smith asserted that laborers must be tightly controlled to preserve economic growth. -
ANSWER✔✔-False
Ethical ______________ is determining mentally to take some action that is believed to be morally
appropriate. - ANSWER✔✔-b. intention
Smith argued that laborers benefit from capitalism because economic growth generates jobs and more
choice among occupations. - ANSWER✔✔-True
Which of the following are considered universal ethical principles? - ANSWER✔✔-d. all of the above
People with less work experience tend to be better ethical decision makers, because they have less to
lose. - ANSWER✔✔-False
Which of the following is not cited as a reason people intentionally behave unethically? - ANSWER✔✔-e.
feeling pressure to do so by moral imperatives
________________________ are principles compelling people to action, found in all cultures and major
world religions. - ANSWER✔✔-c. moral imperatives
A ____________ is a mental state that guides behaviors. - ANSWER✔✔-b. belief
A concept employed by Walmart, among other organizations, involving recovering or recycling packaging
materials at a rate equivalent to the amount of packaging used by products on the shelves is referred to
as _____________, often measured by a "scorecard". - ANSWER✔✔-c. packaging neutral
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Which of the following is not among the three most common forms of embezzlement: - ANSWER✔✔-a.
taking money from a store where one shops regularly
Accounting fraud by public companies is particularly troubling for what reason(s)? - ANSWER✔✔-a.
investors rely on auditors to convey truthful information
Even if an intention to act ethically is solidified, an individual still may not follow through on the ethical
intention and behave ethically. - ANSWER✔✔-True
The relationship between corporate philanthropy and financial performance can be described as: -
ANSWER✔✔-c. inverse U-shaped - up to a point, philanthropy and performance increase together; at a
certain point, the relationship levels off and then declines
Aristotle professes that the path to individual and community happiness requires development of all but
which of the following factors: - ANSWER✔✔-e. none of the above
An employee who observes ethical misconduct at work but does not discuss the matter with the person
engaged in the misconduct or with someone else in the organization with authority is engaging in
_____________. - ANSWER✔✔-c. employee silence
When organizations face tight budgets, ethics training should be eliminated to focus on more immediate
concerns, and then resumed when the organization is healthier. - ANSWER✔✔-False
A quick insight independent of any reasoning process of right and wrong is known as: - ANSWER✔✔-c.
ethical intuition
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