Graded Homework

QUESTION 1

1. Whistleblowing, that is, disclosure of wrongdoing, by corporate employees can be described today as:

a.Morally required if the whistleblower is the last real alternative to disclose the wrongdoing and the other parts of the Principle of Last Resort are applicable.

b.Legally protected under the Sarbanes-Oxley Act if the whistleblowing is by an employee of a publicly traded company regulated by the Securities and Exchange Commission and concerns some type of securities fraud or fraud against the shareholders.

c.Only legally protected under those states that have private sector Whistleblower Protection Statutes if the whistleblowing is made to an appropriate government agency.

d.All of the above.

0.5 points

QUESTION 2

1. The local government in conjunction with Big Construction Corporation has proposed demolishing 800 of 2000 units in a low-income housing project that has become crime-ridden and in poor repair. The 800 units will be replaced with 300 units, half of which will be for low-income families, and half of which will be for moderate-income families. Some persons object to the plan because there will be fewer low-income housing units after these changes are completed. This proposal

A-Could be deemed moral under Utilitarianism since a greater good for the community and the majority of the residents would be achieved

B-Could be deemed immoral under Kantian ethics if no suitable housing arrangements are made for the lower-income residents who are displaced by the project

C-Could be deemed a socially responsible action if Big Construction Company donates substantial equipment, personnel, and material to the project as well as to Habitat for Humanity

D-All of the above.

0.5 points

QUESTION 3

1. Wal-Mart responded to the disaster of Hurricane Katrina in New Orleans by sending in its huge fleet of trucks to bring in desperately needed relief supplies. What is NOT accurate about Wal-Mart’s actions?

A.Wal-Mart was under a legal duty to bring in supplies since it is a giant wealthy company doing business in interstate commerce.

B.Wal-Mart may be said to have a moral duty to act pursuant to the Ethical Principle of Last Resort if government – federal, state, and local – could not immediately bring in supplies.

C.Wal-Mart was acting in an ethically egoistic manner as it gained a great deal of good will and favorable publicity by helping out without any material cost or expense to the company.

D.Wal-Mart was acting in a socially responsible manner by providing the vehicles to bring in the supplies.

0.5 points

QUESTION 4

1. The theory of business social responsibility that holds that a business owes duties to the various constituencies such as customers and employees in addition to shareholders is best described as:

A-Moral minimum

B-Maximizing profits

C-Stakeholder interests

D-Corporate legal status

0.5 points

QUESTION 5

1. Members of a profession generally have mandatory:

A-Legal obligations to the profession and society.

B-Moral obligations based on the Code of Ethics of the profession.

C-Social responsibility obligations required by the profession.

D-All of the above.

0.5 points

QUESTION 6

1. A large business merger such as the Continental Airlines – United Airlines merger typically has what type of ramifications:

A-Legal

B-Moral

C-Social Responsibility

D-All of the above.

0.5 points

QUESTION 7

1. Advocate Antonio believes that corporations should not only be held accountable for their financial states, but also for some level of charitable and community and civic involvement. Antonio’s beliefs would most likely be defined as:

A-A code of ethics

B-A social responsibility view

C-A corporate moral audit

D-A distributive justice legal theory.

0.5 points

QUESTION 8

1. Which of the following cause problems in determining whether an action is legal?

A-A large number of ethical theories

B-Too general definitions of “corporate social responsibility”

C-A lack of lawyers

D-None of the above

0.5 points

QUESTION 9

1. Which of the following will the executives of Mink, Inc, a fur sale company, likely take into account in carrying out their business?

A-Adverse publicity and threat of boycotts

B-Legal restrictions on the production and sale of animal fur products

C-Societal norms as to the morality of selling fur products

D-All of the above

0.5 points

QUESTION 10

1. EarthLast, Inc. pollutes the environment. They are careful, however, to just avoid violating pollution control laws. The company makes a lot of money for its shareholders. Which of the following best describes the company’s approach to business?

A-Legal and Moral pursuant to Legal Positivism

B-Legal, moral, and socially responsible

C-Illegal and immoral

D-Legal and moral pursuant to Kantian ethics