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Question
The cable operators in North Bedford agreed to divide the market among themselves with each operator assigned a specific region in the city. Briefly discuss the legality of this agreement in the context of the Sherman Act.
Answer
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B. The top management
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Which of the following statements is true about the role and effect of profits on ethical corporate behavior?
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B. Making a profit usually deteriorates the common good.
C. Profit earning is the least important goal in the contemporary business environment.
D. A decline in the Protestant ethic reduces the emphasis on corporate profit.
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A. apathy
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D. boredom
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Which of the following is a national group of senior business leaders that has identified a general list of topics that organizational codes of business ethics should cover?
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B. The Business Roundtable
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In which of the following situations is there a conflict of interest?
A. A judge who occasionally shops in a store that is involved in a case before the same judge
B. A real estate agent representing the buyer and seller of a house with permission from the buyer and seller
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D. A bank regulator using a credit union
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Which of the following statements is true of consequentialism?
A. It focuses primarily on individual rights.
B. It views lying as an unethical practice.
C. It is found in the way in which managers use cost-benefit analysis to evaluate alternative courses of action.
D. It is primarily a duty-based view of ethics.
E. It asserts that individuals have rights, and that these rights should not be infringed, even at the expense of society as a whole, because they have an intrinsic moral value to them.
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The primary goal or end of business leaders is to produce a profit. This orientation reflects _____.
A. deontology
B. formalism
C. consequentialism
D. the Protestant ethic
E. Darwinism
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The dominant form of consequentialism is _____.
A. utilitarianism
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According to the Ethical Norms and Values for Marketers from the American Marketing Association, which of the following ethical values states that a marketer should accept the consequences of the marketing decisions and strategies taken by him or her?
A. Honesty
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B. In both systems, the motivation to observe moral values comes from within an individual.
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A dispute arises when one party makes a claim that another party denies.
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