Q&A Hero

Q: Which of the following does the Sadhu represent in the "Parable of the Sadhu"? a. Business competitor b. Business challenges c. Customers d. Ethical challenges in business e. None of the above

Q: Which of the following does the mountain climb represent in the "Parable of the Sadhu"? a. The struggle to achieve in business b. The nature of interest rates c. The Sadhu's home d. The international nature of business e. None of the above

Q: Which of the following best describes the "Parable of the Sadhu" events? a. The hikers returned the Sadhu to safety and health. b. The hikers ignored the Sadhu so that they could reach the summit. c. The hikers each did a little to help the Sadhu. d. The hikers carried the Sadhu with them. e. None of the above

Q: Into which of the following categories do patent and copyright infringement fall? a. Conflict of interest b. Balancing ethical dilemmas c. Organizational abuse d. Interpersonal abuse e. Taking things that don"t belong to you

Q: Which of the following is not a question in the Laura Nash model for resolution of ethical dilemmas? a. Could I discuss this issue with the parties affected? b. What are my intentions in taking this action? c. Could I discuss this action with my family and friends? d. Is it legal? e. All of the above are part of the Nash model.

Q: James Dodgsen is a student in a graduate course in business. The professor in the course has given Dodgsen and his classmates a surprise quiz in class. Dodgsen did not do the reading for class that day because he had been grading papers as part of his TA position. He has been prepared for every other class that semester. As he glances as the quiz questions, he realizes that he does not know any of the answers. However, he sees that Jane Frampton, the student who sits next to him, is well prepared and answering the questions with great ease. He can see her answers because of her large, block-style printing. Dodgsen copies her answers. a. Dodgsen is justified in using the answers because the pop quiz was unfair. b. Dodgsen is justified in using the answers because he was fulfilling his TA responsibilities instead of preparing for class. c. Dodgsen is justified in using the answers if he intends to read the material eventually. d. Dodgsen has been dishonest. e. None of the above

Q: Suppose, with reference to #57 above, that Pickford already owns an interest in the biotech firm, but Munford Stanley is not the underwriter. Pickford: a. Does not have a conflict of interest. b. Has a conflict of interest, but it is acceptable in IPOs. c. Has a conflict of interest that must be disclosed to all purchasers. d. Does not have a conflict of interest, but Munford Stanley does. e. None of the above

Q: Mary Pickford is an analyst for Munford Stanley, an investment banker. She has touted the stock, an initial primary offering (IPO), of an obscure biotech firm as a "must buy." Munford Stanley is the underwriter for the IPO. Pickford: a. Does not have a conflict of interest. b. Has a conflict of interest, but it is acceptable in IPOs. c. Has a conflict of interest that must be disclosed to all purchasers. d. Does not have a conflict of interest, but Munford Stanley does. e. None of the above

Q: Medical Purchasing Agents (MPC) is a company that represents groups of hospitals as their agents for purchasing medical supplies. MPC is able to obtain discounts for the hospital group because of their sheer volume needs when they are grouped together. MPC's CEO, CFO and general counsel own 51% of the stock of a company called Medi-Pump. Medi-Pump is the sole supplier to the hospitals for feeding pumps, IV pumps and other forms of hi-tech medical pumps and supplies. MPC has negotiated a low-cost supply contract from Medi-Pump to the hospitals. MPC: a. Has served its customers well with the Medi-Pump contract. b. Has a conflict because of its ownership of Medi-Pump. c. Cannot have a conflict so long as the Medi-Pump price is lowest. d. Cannot have a conflict because it represents groups of hospitals. e. None of the above

Q: Professor Reba McGintry is the head of the Student Conduct Board. Charges have been brought against three students who are also members of the university basketball team. The charges are based on the criminal charges brought by the local district attorney against the three men for sexual assault. Professor McGintry's husband was one of the staff attorneys in the DA's office who made the decision to go forward with the prosecution. Professor McGintry: a. Can proceed with the hearing because the two matters are unrelated. b. Can proceed with the hearing because of marital privilege. c. Must excuse herself from the students' hearing because of a conflict of interest. d. Has no conflict, but her husband does. e. None of the above

Q: You had quite a night last night of partying. Because of excessive drinking, you are unable to get to work today. When you call your supervisor you: a. Should just say you have the flu. b. Should just say you are sick. c. Should disclose the prior night's activity. d. None of the above

Q: A professor for one of your courses has assigned reading materials from various publications. He tells you that the materials are on reserve and that each student should go and copy the materials individually. He notes that for him to copy the materials for students and then sell them or distribute them would be a violation of copyright law. The professor's conduct: a. Is unethical and violates copyright law as well. b. Is something everyone does and is accepted behavior. c. Does not really harm anyone. d. Is acceptable in an academic setting.

Q: A radar detector: a. If purchased legally, is not an unethical device. b. If used only in those states in which they are permitted is an ethical device. c. Is a legal and ethical tool for circumventing speed limits. d. None of the above

Q: An application for graduate school admission at Arizona State University includes the following request for information: Please list all institutions attended since graduation from high school. Marie Davis, a returning student, is applying for admissions to the Masters in Architecture program. Marie attended the University of Arizona for one semester in 1976. Marie had a substance abuse problem and did not attend many of her classes. She left the University of Arizona before classes ended that semester. She did not take her final exams and earned 15 credit hours of "E" for that semester. After 8 years, the policy of the University of Arizona is to expunge the records of non-matriculating students. Marie's record was expunged in December 1994. a. Marie need not disclose her attendance at the University of Arizona. b. Marie should disclose her attendance at the University of Arizona. c. Since Marie did not matriculate according to the University, she did not attend the University of Arizona. d. None of the above

Q: Jeff Sanders, head of finance for Components, Inc. has just interviewed Laura Dern, an employee from the finance department of InChip, Components' chief competitor. Laura has explained that she has been passed over one too many times for a promotion at InChip and is thus in the job market. As Laura is leaving she whispers to Jeff, "Look, I have no contract at InChip that obligates me in anyway. I can begin immediately. Further, I have been able to obtain copies of our newest computer chip designs. You"ll have them before InChip even begins production." a. Jeff should hire Laura on the spot without any worries about ethical breaches since Laura is not under contract. b. Jeff's hiring of Laura may constitute an ethical breach, but would not constitute illegal conduct. c. Jeff should not hire Laura, and must analyze the issue of whether to disclose Laura's conduct to InChip. d. Jeff should not hire Laura and need not worry about Laura's conduct and its impact on InChip.

Q: Which of the following is not a conflict of interest? a. A doctor's referral of a patient to an x-ray lab that he owns for a full work-up without disclosing his ownership interest b. A purchasing agent's failure to disclose a 22% ownership interest in a supplier that would be chosen anyway c. A bank officer's solicitation of a charitable contribution for a non-profit organization of which he is a member from a customer with a large line of credit up for renewal in 30 days d. All of the above are conflicts of interest

Q: Beth Williams is an exercise physiologist who serves as an expert consultant for Women's Walkers, Inc., a shoe company specializing in manufacturing walking shoes for women. Dr. Williams is paid an annual consulting fee along with additional fees for drafting reports and making media and public appearances for the company. Executive Woman, a national magazine, has asked Dr. Williams to serve as one of three experts on a panel that will evaluate the full market range of women's walking shoes. Dr. Williams will be paid a consulting fee by Executive Woman as well.a. Dr. Williams has a conflict of interest and should decline the Executive Woman offer.b. Dr. Williams can participate in the Executive Woman panel so long as her affiliation with Women's Walkers is disclosed.c. Dr. Williams can participate in the Executive Woman panel if she waives her fee.d. Dr. Williams is an academic with no conflict of interest and can participate in the Executive Woman panel.

Q: Ben Small, a sole practitioner, has just decided to form a law partnership with his lifetime friend, Harvey Steptoe. They agree to name the firm Steptoe and Small and to split all profits. Ben is also a director for a publicly-traded telecommunications firm, NewVector, Inc. Ben has just learned that Harvey is lead counsel is a lawsuit against NewVector. Ben continues to serve as a board member and participates in sensitive discussions about the lawsuit. Ben does not disclose that Steptoe is his partner. Ben's feeling is that he and Harvey are as honest as the day is long and neither would compromise their duties to NewVector and client, respectively. a. Ben has a conflict of interest and must either resign as a director or leave the partnership. b. The pledge of both Ben and Harvey is sufficient to cover the ethical issues on conflict. c. It is Harvey's obligation to take action, not Ben's. d. None of the above

Q: Under the Blanchard/Peale model, which of the following statements is correct? a. If it's legal, it's ethical. b. If it's illegal, it's unethical. c. If it's balanced, even if it is illegal, it is ethical. d. None of the above

Q: Which of the following is not an element of the Laura Nash's model for evaluating ethical dilemmas? a. Is it legal? b. How would I feel if I were on the other side of the fence? c. How will my actions be perceived? d. Could I discuss my decision with my boss, CEO, family, friends?

Q: Which of the following phrases does not signal a potential ethical pitfall? a. "That's the way it's always been done." b. "If we don"t do it, someone else will." c. "Your job is to be a team player, not ask questions." d. All of the above signal an ethical pitfall.

Q: What category of ethical dilemma applies to the use of cell phone alibis?a. Balancing ethical dilemmasb. Giving or allowing false impressionsc. Conflicts of interestd. Organizational abuse

Q: What is the variable in uncovering resume fraud? a. Sometimes the fraud is uncovered and sometimes it is not b. The amount of time it takes to uncover the fraud c. Whether the fraud relates to degrees d. None of the above

Q: Which category of ethical dilemma does line-cutting fall into? a. Taking things that don't belong to you b. Taking unfair advantage c. Conflict of interest d. False impression

Q: 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 dilemma c. Develop a list of potential resolutions d. All of the above are steps

Q: What happened to the Piper High School teacher, Ms. Pelton? a. She was fired b. Her decision was reversed c. She quit her job d. Both a and b e. Both b and c

Q: What were the effects of the Piper High School cheating issues on Piper? a. No effects. That's why the parents wanted the teacher's decision reversed. b. There was an increase in property values. c. Colleges raised questions about Piper students. d. Both b and c

Q: With reference to #32 above, how many times had the author successfully climbed Mt. Everest? a. Once b. Twice c. Never d. Five

Q: With reference to #32 above, what happened to the Sadhu? a. He died b. The parties carried him back down to the village for medical care c. He hiked with Stephen d. He finished his pilgrimage on his own e. None of the above

Q: With reference to #32 above, which country is not represented among the climbing parties? a. New Zealand b. Japanese c. Swiss d. US e. All of these countries are represented among the climbing parties

Q: With reference to #32 above, where does the story take place? a. Mt. Washington b. Himalayas c. Nepal d. Both b and c

Q: Who is the lead character and author of the article, "The Parable of the Sadhu"? a. Stephen b. The Sadhu c. Bowen McCoy d. The author is never named

Q: Which of the following is similar to Kant's categorical imperative? a. The Golden Rule b. The Divine Command c. Front-Page-of-the-Newspaper test d. All of the above are similar

Q: Which of the following is not part of the Wall Street Journal model? a. Compliance b. Consequences c. Justice d. All of the above are part of the model

Q: Who of the following follows the Front-Page-of-the-Newspaper test? a. Warren Buffett b. John Locke c. Robert Nozick d. Peter Drucker

Q: Which of the following models includes the question of legality of conduct as part of the ethical analysis? a. Blanchard and Peale b. Laura Nash c. Peter Drucker d. None of the above

Q: The Barbara Walters/Andrew Lloyd Webber/Sunset Boulevard examples involves: a. Bribery. b. Organizational abuse. c. Interpersonal abuse. d. Conflicts of interest.

Q: "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

Q: "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

Q: Winking tolerance is associated with what category of ethical dilemma?a. Hiding or divulging informationb. Condoning unethical actionsc. False impressiond. Balancing ethical dilemmas

Q: 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

Q: 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 the course and awarded participation points to the student. The student had, in fact, looked at the reading, but he had not actually done the reading. "Hey, he just asked me if I had a chance to look at the reading, and I told the truth." The student: a. 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

Q: 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.

Q: "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.

Q: Plato and Aristotle have which ethical school of thought in common? a. Moral relativism b. Justice c. Contractarianism d. Virtue

Q: Under the Rights Theory, who holds the responsibility for protection of rights? a. Individuals, under normative standards b. Government c. Individuals rights are not protected, just defined d. None of the above

Q: Which philosopher is associated with the Rights Theory? a. John Rawls b. Robert Nozick c. Adam Smith d. Ayn Rand

Q: The goals of Locke and Rawls in developing their theory of ethics: a. Is universality of rules. b. Is rules that will survive over time. c. Is based on decisions made by those who do not know what role they might fill in an ethical dilemma. d. All of the above

Q: Which of the following is an example of utilitarianism? a. Throwing an elderly person from a life raft with too much weight to continue floating in order to save the lives of 15 others. b. Denying hip replacement surgery to an 83-year-old patient because the facilities and physicians are needed for preserving the life of a 35-year-old scientist whose research focuses on a cure for Alzheimer's. c. Neither a nor b d. Both a and b

Q: The Theory of Moral Sentiments: a. Was written by Ayn Rand. b. Was written by Thomas Hobbes. c. Was written by Adam Smith. d. None of the above

Q: Who of the following philosophers subscribe to ethical egoism? a. Ayn Rand b. Thomas Hobbes c. Adam Smith d. All of the above

Q: Which of the following would be consistent with the Divine Command Theory? a. The Ten Commandments b. The U.S. Declaration of Independence c. Natural law d. All of the above

Q: What reason did Jimmy Dunne III of Sandler O"Neill give for dedicating his time and resources to helping the families of his employees who were killed in the World Trade Center attacks? a. There was a clause in their employment contract that required it. b. He wanted the attention his generosity would bring. c. His son will also be judged by how Jimmy Dunne responded to his employees' families' needs. d. None of the above

Q: The Declaration of Independence relied on which ethical school of thought? a. Utilitarianism b. Divine Command c. Ethical Egoism d. Categorical Imperative

Q: Adam Smith fits into which category? a. Utiliarian b. Divine Command c. Ethical Egoism d. Categorical Imperative

Q: Which school of ethical thought is found in The Fountainhead and Atlas Shrugged? a. Utilitarianism b. Divine Command c. Ethical Egoism d. Categorical Imperative

Q: Which of the following would be considered a utilitarian? a. Immanuel Kant b. Robert Nozick c. Jeremy Bentham d. Adam Smith

Q: Which philosopher developed the "greatest happiness principle"? a. Immanuel Kant b. Adam Smith c. John Stuart Mill d. Jeremy Bentham

Q: Which philosopher feels that we all hold a set of rights and that it is the role of government to protect those rights? a. John Stuart Mill b. Robert Nozick c. John Locke d. Adam Smith

Q: Which philosopher would start with a tabula rasa and then develop ethical standards?a. Aristotleb. Platoc. John Rawlsd. Robert Nozick

Q: Which of the following people is associated with the "Front-Page-of-the-Newspaper" test for ethical dilemmas?a. Warren Buffettb. Ken Blanchardc. Laura Nashd. John Rawls

Q: Two male students fired guns off the balcony of Linda's apartment. The police were able to see which apartment it was by counting floors and windows. While the police run to Linda's apartment, her two friends run out her door and disappear into the crowd of students out and about on a Friday night. When the police question Linda she refuses to tell them who her two friends with the guns were. "I would never rat on a friend," is Linda's statement. One of the police officers tells Linda she could be charged with obstruction of justice. Linda still refuses. Which school of ethical thought would best suit Linda?a. Moral relativistsb. Utilitariansc. Ethical egoistd. Virtue

Q: A recent survey found that 24% of Americans feel that it is always wrong to speed. In which of the following schools of ethical thought would this 24% fit best?a. Moral relativistsb. Utilitariansc. Ethical egoistsd. Virtue

Q: Murry Gunty was expelled from Harvard.

Q: Murry Gunry was a Harvard MBA who rigged his election as an officer in the Finance Club.

Q: Steve Cohen was fired from a trading job and banned from trading for four weeks, but still created one of Wall Street's most successful hedge funds.

Q: The "Parable of the Sadhu" is an essay in support of the theory of survival of the fittest.

Q: Professor Dan Ariely's work focuses on the impact of stepping outside ethical norms.

Q: "We didn"t think of them as bribes. We thought of them as useful expenditures," is an example of virtue ethics.

Q: Those who hit a car in a parking lot without being seen and don"t leave a note are Kantian in their ethical standards.

Q: Ayn Rand and Thomas Hobbes were proponents of ethical egoism.

Q: Plato and Aristotle were moral relativists.

Q: Moral relativism is circumstantial ethics.

Q: Robert Nozick is a moral relativist.

Q: Under the Rights Theory, government exists to protect rights.

Q: The Rights Theory is the same as the Theory of Justice.

Q: Making your rules assuming you don"t know which side you will be on in any given dilemma is the Theory of Justice.

Q: John Rawls is a contractarian.

Q: John Locke is the creator of the Self-Interest Theory.

Q: The Theory of Justice is subscribed to by contractarians.