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An Introduction to Business Ethics
Joseph R DesJardins, College of St. Benedict

Ethical Theory and Business

True or False



1

According to ethical relativism, there is no right or wrong except in terms of what a particular culture or society practices or what a person's feelings about an issue are. Values such as equality, fairness, integrity, self-respect, and freedom from coercion are simply a matter of personal or social opinion.
A)TRUE
B)FALSE
2

Mathematics, the more theoretical side of physics, engineering and chemistry, and all ethical judgments based on careful logical analysis and reasoning provide us with conclusions that are absolutely certain and beyond doubt.
A)TRUE
B)FALSE
3

Because psychological egoism and ethical egoism both focus on what is in the individual's self interest, there is really no difference between them.
A)TRUE
B)FALSE
4

The claim by psychological egoism that human beings act only out of self-interest is irrefutable.
A)TRUE
B)FALSE
5

Because utilitarianism focuses on consequences, producing the greatest happiness for the greatest number, as the sole criterion for determining ethical right and wrong, no action is ever right or wrong in itself, in all cases, in every situation—even, perhaps, murder, rape, theft, deceit and lying.
A)TRUE
B)FALSE
6

Deontological ethics refers to the concept that certain duties: obligations, commitments, and responsibilities, not consequences, determine the correct path to ethical decision-making.
A)TRUE
B)FALSE
7

Deontological ethics might allow the sacrifice of individual rights if the overall good demanded it.
A)TRUE
B)FALSE
8

According to Kant, any action's maxim that cannot be universalized is ethically wrong. and should not be performed.
A)TRUE
B)FALSE
9

One way to understand rights is to identify them with a person's wants. Rights protect these wants even though, objectively, they may conflict with what is really good for a person.
A)TRUE
B)FALSE
10

The theory of virtue ethics focuses on a full and detailed description of those character traits that would constitute a good and human life. Egoism is simply not a factor in the ethical decision-making of caring, empathetic, charitable, and sympathetic persons.
A)TRUE
B)FALSE