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LES 305 |98 Exam 1 Review Questions With Solutions|18 Pages

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Which of the following is an ethical breach using the Categories of Ethics Dilemmas from your book? a. doing things that are unethical b. doing things that are unbalanced c. saying things you know are not true d. saying things that are true but difficult to say e. practicing moral relativism - ️️c. saying things you know are not true Which of the following is correct? a. the rule of law in the case is not precedent b. dicta is precedent c. dicta is the discussion of the rule of law d. none of the above - ️️c. dicta is the discussion of the rule of law Which of the following is not a potential consequence of poor ethical choices by company? a. loss of reputation b. loss of earning power c. additional regulation d. all of the above are potential consequences of poor ethical choices - ️️d. all of the above are potential consequences of poor ethical choices

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LES 305
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LES 305

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LES 305 Exam 1
Which of the following is an ethical breach using the Categories of
Ethics Dilemmas from your book?

a. doing things that are unethical

b. doing things that are unbalanced

c. saying things you know are not true

d. saying things that are true but difficult to say

e. practicing moral relativism - ✔ ✔ c. saying things you know are
not true

Which of the following is correct?

a. the rule of law in the case is not precedent

b. dicta is precedent

c. dicta is the discussion of the rule of law

d. none of the above - ✔ ✔ c. dicta is the discussion of the rule of
law

Which of the following is not a potential consequence of poor ethical
choices by company?

a. loss of reputation

b. loss of earning power

c. additional regulation

,d. all of the above are potential consequences of poor ethical choices -
✔ ✔ d. all of the above are potential consequences of poor ethical
choices

Which of the following is not a question for the Blanchard/Peale test for
ethical behavior?

a. Is it legal?

b. Does it follow industry code?

c. Is it balanced?

d. How does it make me feel? - ✔ ✔ b. Does it follow industry code?

Which of the following is not among the categories of ethical dilemmas
according to your textbook?

a. taking things that do not belong to you

b. giving or allowing false impressions

c. perpetrating interpersonal abuse

d. all of the above are ethical breaches - ✔ ✔ d. all of the above are
ethical breaches

Which of the following statements is true about an ethical business?

a. it will always be profitable

b. it will always satisfy all stakeholders

c. it will always survive over the long run

d. it will avoid the consequences of unethical behavior - ✔ ✔ d. it
will avoid the consequences of unethical behavior

, Does President Obama have the power to require federal customs
officials to block the import and export of certain types of goods to and
from Ukraine as a result of the hostilities in the Crimea region of that
country? - ✔ ✔ Yes, he has the power to issue and executive order

DVRs or digital video recorders, are devices that record video from a TV
in a digital format and store it on a hard drive, allowing customers to
record TV programs so that the customers may watch them alter. If TV
producers sue the DVR manufacturers for contributory infringement to
prohibit sales of DVRs, then - ✔ ✔ The Sony case is precedent and
the manufacturers will not be vicariously liable for contributory
infringement

Emma Samuels is a resident of St. Johnsbury, Vermont. She was injured
in an auto accident in St. Johnsbury when a resident of Burlington,
Vermont, struck her car from behind. Emma wishes to bring suit to
recover her medical costs and the costs to repair her car. Emma's suit: -
✔ ✔ is properly brought in Vermont's general trial court
Enron Corporation filed for bankruptcy following a number of
revelations about its accounting procedures. Enron used a complex
structure of corporations and off-the-books debt to mask its true
financial picture from the markets. When asked about the propriety of
Enron's reporting methods, many analysts have responded, "they simply
did what most corporations do." Their comments: - ✔ ✔ reflect
rationalization

Which of the ethics theories and tests asks, :How does it make me feel?"
meaning that a manager should perform a self-examination to

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LES 305

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