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Les 305 Questions & 100% Correct AnswersLatest Test | Graded A+ | Passe
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Compliance with the law meets all ethical standards. True or false? -:- False I was just following orders" is a defense in law and a test for ethical behavior. True or false ? -:- False Many companies that had been headquartered in the United States have decided to conduct corporate inversi...

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  • September 6, 2024
  • 16
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

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  • les 305 questions 100 correct answerslatest te
  • compliance with the law meets all ethical standard

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  • LES 305

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2024 /2025 | © copyright | This work may not be copied for profit gain | Excel!



Les 305 Questions & 100% Correct Answers-
Latest Test | Graded A+ | Passed
Compliance with the law meets all ethical standards. True or false?


✓ -:- False




I was just following orders" is a defense in law and a test for ethical behavior. True or false ?


✓ -:- 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


✓ -:- 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.


1|Page | Grade A+| 2024/2025

,2024 /2025 | © copyright | This work may not be copied for profit gain | Excel!

b. utilitarianism.


c. ethical egoism.


d. Divine Command.


e. None of the answer choices are correct


✓ -:- 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.


✓ -:- List each stakeholder's interests (concerns) in the dilemma.



2|Page | Grade A+| 2024/2025

, 2024 /2025 | © copyright | This work may not be copied for profit gain | Excel!

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.


d. Yes. This creates a conflict of interest on behalf of the reviewer customers.


e. Yes. This falls in the category of Taking Something that Does Not Belong to You.


✓ -:- Yes. This creates a conflict of interest on behalf of the reviewer customers.




Committing acts of personal decadence, like driving home drunk after an office holiday

party has no relevance to business ethics. True or false ?


✓ -:- False




Tolerating someone else's unethical actions is not an ethical dilemma since you did not

actually commit any act that is unethical. True or false?


✓ -:- False




The Ice-T case illustrates what can happen when managers don't take shareholders

interests into account when making business decisions. True or false?




3|Page | Grade A+| 2024/2025

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