Management

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1.Which of the following statements best illustrates the view of “utilitarianism”? I. From each according to his abilities, to each according to his needs. II. The risk reasonably to be perceived defines the duty to be obeyed and risks imports relation; it is risk to another or to others within the range of apprehension. III. An action is right when maximizing welfare and total well-being. IV. Individuals should pursue his or her own self-interest, even at the expense of others. 2.The best example of a source for virtue ethics for a business is newspapers articles about the corporation.

the corporate mission statement.
the documentation in human resources justifying the hiring of new staff. the resumes of the members of the board of directors and the officers.

3.Which of the following statements is INCORRECT regarding the rights of shareholders? I. voting power on major issues and ownership in a portion of the company II. right to transfer ownership and dividend entitlement III. hire and fire management and select and appoint a chief executive 4.Assuming a business ethical dilemma, which statement best illustrates Gilligan approach suggested in her theory of “The Ethics of Care”? care and responsibility to others

5. The Ethic of Care is
Answer

A set of rules that explain how to prioritize those people affected by a decision so that a utilitarian analysis can be done successfully.
A set of universal principles, which applied evenly to all decisions will result in fairness and equity in ethical decisions.
The idea that we should all make decisions under the assumption that we don’t know our station in life, that we could be the person most negatively impacted by the decision.
A set of principles that encourage decision makers to look at human relationships as a primary motivator for a decision.

6. Under the legal doctrine of “employment at will” an employee can be lawfully terminated from her job for: I. wearing a shirt that clashes with her suit
II. any non-discriminatory reason
7. Exceptions to the rule of employment-at-will include which of the following? I. organization of unions
II. passage of Sarbanes Oxley Act
III. raising of public policy issues
IV. promise of implied-contract or covenant-of-good-faith 8. The Constitution does not always protect free-speech rights for what public employees say on the job. Which of the following is true? Public employees may speak out on matters of public concern and have First Amendment protection but not when they speak out in the course of their official duties. 9. To determine whether a public employee receives First Amendment protection from speech (and therefore cannot be fired for it), the Supreme Court has stated that all of the following are important except: Answer

The employer must have a justification for treating the employee differently than it would treat a member of the general public.
The speech cannot be about political topics.

The speech must be about something of great public concern.
The speech cannot be made as part of the employment (such as an internal memorandum). 10. The Sarbanes Oxley Act was passed in response to:
I. concerns that investors received full and complete information about potential corporate fraud II. a lack of investor confidence
11. According to the article excerpted in the text entitled, The Functions of Privacy, by Alan Westin, privacy has several functions in today’s society. These include: Answer

Total freedom in the private life with no consequences to the work life.
The ability to express dissatisfaction without risk of exposure.
The ability to be post critical information on the Internet without consequences at work.
The ability to spend time quietly analyzing the actions and reactions of other people. 12. One reason employers use...
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