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Business Ethics Student
Business Ethics: Chapter 11 Case Study Questions
1
Which of the following is part of the Comprehensive View of Moral Standing but not the Stakeholder View of Moral Standing?
- select -
a) The CEO's ethical obligation to consider the welfare of the people in the future
b) The CEO's ethical obligation to consider financial value for shareholders
c) The CEO's ethical obligation to sustain her local community
d) The CEO's ethical obligation to consider the welfare of her employees
2
Which of the following is the best illustration of how the Comprehensive View of Moral Standing differs from both the Shareholder and Stakeholder Views of Moral Standing?
- select -
a) The CEO's ethical obligation to maximize financial value for shareholders
b) The CEO's ethical obligation to sustain her local community
c) The CEO's ethical obligation to maximize the economic welfare of people in other countries
d) The CEO's ethical obligation to prevent human rights abuses in the local community
3
Which of the following best illustrates considerations of distributive justice?
- select -
a) The CEO's ethical obligation to maximize the economic welfare of people in her local community
b) The CEO's ethical obligation to maximize the economic welfare of people in other countries
c) The CEO's ethical obligation to maximize the income of the least advantaged
d) The CEO's ethical obligation to maximize financial value for shareholders
4
Which of the following best illustrates the virtues of community membership?
- select -
a) The CEO's ethical obligation to not be complicit in gender inequality
b) The CEO's ethical obligation to maximize the economic welfare of people in her local community
c) The CEO's ethical obligation to maximize the economic welfare of people in other countries
d) The CEO's ethical obligation to maximize the income of the least advantaged
5
According to Ricardo's law of comparative advantage, both countries will gain from trade in clothing. What sort of ethical consideration does this suggest?
- select -
a) Human rights consideration
b) Distributive justice consideration
c) Community membership consideration
d) Economic utilitarian consideration
6
According to the factor-proportions law, trade in clothing will create economic winners and losers. Garment workers in the developing country will win, while garment workers in the developed country will lose. What sort of ethical consideration does this suggest?
- select -
a) Distributive justice consideration
b) Community membership consideration
c) Human rights consideration
d) Economic utilitarian consideration
7
Kate, the CEO, has ethical obligations to (i) maximize profits for shareholders, (ii) sustain her local community, and (iii) maximize the income of the least advantaged. Which of the following best describes how these ethical reasons apply to the CEO's decision-making?
- select -
a) Ethical consideration (i) conflicts with ethical consideration (ii) only.
b) Ethical consideration (i) conflicts with ethical consideration (iii) only.
c) Ethical consideration (i) conflicts with both other ethical considerations.
d) Ethical consideration (i) conflicts with neither of the other two ethical considerations.
8
Kate, the CEO, has ethical obligations to (i) prevent human rights abuses, (ii) maximize the income of the least advantaged, and (iii) not be complicit in gender inequality. Which of the following best describes how these ethical reasons apply to the CEO's decision-making?
- select -
a) Ethical consideration (i) conflicts with ethical consideration (ii) only.
b) Ethical consideration (i) conflicts with ethical consideration (iii) only.
c) Ethical consideration (i) conflicts with both other ethical considerations.
d) Ethical consideration (i) conflicts with neither of the other two ethical considerations.
9
Kate, the CEO, has ethical obligations to (i) her family and friends, (ii) sustain her local community, and (iii) prevent human rights abuses. Which of the following best describes how these ethical reasons apply to the CEO's decision-making?
- select -
a) Ethical consideration (i) conflicts with ethical consideration (ii) only.
b) Ethical consideration (i) conflicts with ethical consideration (iii) only.
c) Ethical consideration (i) conflicts with both other ethical considerations.
d) Ethical consideration (i) conflicts with neither of the other two ethical considerations.
10
Kate, the CEO, has ethical obligations to (i) maximize the economic welfare of people in her local community, (ii) maximize the economic welfare of people in other countries, and (iii) maximize financial value for shareholders. Which of the following best describes how these ethical reasons apply to the CEO's decision-making?
- select -
a) Ethical consideration (i) conflicts with ethical consideration (ii) only.
b) Ethical consideration (i) conflicts with ethical consideration (iii) only.
c) Ethical consideration (i) conflicts with both other ethical considerations.
d) Ethical consideration (i) conflicts with neither of the other two ethical considerations.
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