A credo consists of how you define yourself by job title and income.
2. Part of a credo includes a list of lines you would never cross to be successful.
3. An ethical breach is not necessarily a violation of the law.
4. Unwritten rules of conduct are part of our normative standards.
5. Self-interest is the same as selfishness.
6. Ethical egoism is selfishness.
7. The Rights Theory is generally associated with Plato and Aristotle.
8. Robert Solomon is a proponent of virtue ethics.
9. “It’s a gray area,” is an example of ethical analysis.
10. “We all don’t share the same ethics” fails to consider common values that do exist in business.
11. It is not plagiarism to use facts obtained from several sources that are footnoted or listed as
sources.
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“I did fudge on some of the numbers in our financial reports, but that kept 6,000 employees from losing their jobs,” a statement by a CFO, is an example of:
a. Moral relativism.
b. Rights theory.
c. Divine command theory.
d. Contractarianism.
21. The local fire chief of Penbrooke conducted an inspection of a small bakery in Penbrooke and found a violation of the Penbrooke fire code: The bakery did not have a commercial ventilator hood over its stove. The owner of the bakery asked where she could find a ventilator hood and someone to install it. The fire chief referred her to Chimney Specialists, another business in Penbrooke. The chief did not disclose that his son owns Chimney Specialists and that the chief had loaned his son money for starting the business in exchange for a percentage of the profits.
a. The fire chief has a conflict of interest.
b. The bakery owner has a conflict of interest.
c. There is no conflict unless the chief has fabricated the violation.
d. There is no conflict if the son has the only hood ventilator business in Penbrooke.
22. A professor asked a student, “Did you have a chance to look at the reading?” The student responded, “Yes.” The professor commended the student for keeping up with assignments in
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Has not committed an ethical violation.
b. Has given or allowed a false impression.
c. Is to be commended for finding a loophole.
d. Both a and b
23. A quid pro quo relates to which category of ethical dilemma?
a. Hiding or divulging information
b. Personal decadence
c. Conflict of interest
d. False impressions
24. Winking tolerance is associated with what category of ethical dilemma?
a. Hiding or divulging information
b. Condoning unethical actions
b. False impression
c. Balancing ethical dilemmas
25. “Smoothing out earnings” can be a comfort name for:
a. Cooking the books.
b. Manipulating earnings.
c. The perfectly legal practice of timing expenses and income to avoid blips that affect share value. d. All of the above
26. “If you think what we’re doing now is bad, you should have seen our actions 10 years ago,” is an example of:
a. A type of rationalization.
b. Comfort language for current activities and decisions.
c. A defense for criminal activity.
d. All of the above
e. Both a and b
27. Which of the following is not a step in analyzing ethical dilemmas and case studies?
a. Make sure you have all the facts available
b. List the concerns of each person involved in the