Midterm 2 (2)

A  Work in pairs or groups to study and review material

B  Write your own test questions

C  Taking good notes and relying on the lecture material makes buying the book unnecessary

D  Attend class or watch video lectures and take notes by hand

A  The more you highlight the better

B  Highlight different elements, i.e. key terms, key names, and questions in different colors

C  Highlight “breadcrumbs” left by the author, like “There are three reasons…First…Second…Third”

D  Highlighting key terms, questions, and key names is a way to preview material before you read the chapter.

A  Flashcards

B  Outlining

C  Highlighting

D  Coffee

A  Skimming the material starting from the back of the chapter

B  Look at charts, graphs, or pictures in the chapter

C  Page through the material looking at the section headings, bold print, and italicized words

D  If you are reading a novel read the first line of every paragraph

A  Writing down questions you want the reading material to answer

B  Paraphrasing the reading material as you go

C  Re-reading the material until you remember the key concepts

D  Previewing the material

A  Goal-setting

B  Self-assessing

C  Regulating

D  Monitoring

A  Bloom’s taxonomy is a way to help us understand our level of learning

B  Bloom’s taxonomy is a hierarchy of learning levels

C  Creating, evaluating, and analyzing are at the bottom of the Bloom pyramid

D  Bloom’s taxonomy may be used to help us diagnose our level of learning

A  fewer women have entered the workplace as a result of globalization

B  employers perceive women as more compliant

C  women have less access to capital

D  women who are no longer engaged in subsistence farming must seek seasonal employment

A  in 1996 she filed a sexual discrimination complaint against Morgan Stanley with the Equal Employment Opportunities Commission

B  300 women filed similar complaints against Morgan Stanley

C  these kinds of cases are exceedingly rare today

D  she settled her case four years later for $12 million

A  the reluctance of women to charge in cases of sexual harassment

B  workplace dangers

C  discrimination blindness

D  differences in form of address

A  ”dual burdens”

B  the “mommy track”

C  the “glass ceiling”

D  the “glass cliff”

A  accepts the notion of gender based dichotomies

B  suggests society and the workplace have systematically devalued women’s experience

C  advocated by Mary Woolstonecraft

D  suggests society and the workplace need to take more seriously the perspectives and experiences of women

A  it embraces the idea of interdependent relationships

B  leads to decisions based upon “rationality tinged with humane concern”

C  it goes against the traditional male view of classical philosophy

D  there is no apparent independent criterion of right and wrong

A  traditional conceptual dichotomies

B  gender egalitarianism

C  traditional gender stereotypes

D  essentialism

A  men and women are “hard wired” to have differences

B  the differences between men and women are “illusory”

C  the differences are based on age not gender

D  the differences between men and women are the result of “socialization”

A  women are systematically disadvantaged

B  equal opportunity in hiring and promotion

C  removing barriers to education

D  equal pay for equal work

A  women earn only 75% of men’s wages

B  the rejection by many women of the role of being only mothers and homemakers

C  the post-war economy proving greater employment opportunities for women

D  6 million women joining the workforce during World War II

A  it undermined public faith in the energy industry, government regulators and our own capability to respond to this kind of crisis

B  to be allowed to drill on the outer continental shelf is a private right to be exercised

C  it can be traced to identifiable mistakes made by British Petroleum (BP), Halliburton, and Transocean

D  it could have been prevented

A  was the result of failures in corporate governance

B  was the result of a systematic breakdown in accountability and ethics

C  was the result of a combination of excessive borrowing, risky investments and a lack of transparency

D  the financial crisis was unavoidable

A  ecologically friendly cosmetics

B  employed thousands

C  expanded internationally with willing customers and competitive prices

D  low employee wages

A  their hearings are closed to the public

B  it is an unelected and undemocratic transnational authority

C  it reflects the power and influence of its richer and more powerful nations

D  nations do not have to abide by its rulings

A  makes business more efficient and leads to greater worldwide prosperity

B  industrial pollution “blows away” into other nations

C  borders are open for trade but closed to immigrants who want jobs

D  the race to the bottom

A  believes boosting fair competition will result in greater worldwide prosperity

B  has accelerated since 1995 with the formation of the World Trade Organization (WTO)

C  is a liberal (libertarian) market approach

D  is protectionistic of national economies

A  it operates by means of regulations, taxation, and government spending

B  it is encouraged by free market advocates like Ayn Rand and Robert Nozick

C  it is used to protect personal rights in the work place

D  it is used to mitigate business cycles

A  Mylan Pharmaceutical’s unjustified inflation of Epi-Pen pricing

B  Russia making territorial claims on the Arctic

C  Ammon Bundy’s group occupation of the Malheur National Wildlife Refuge

D  Destruction of Gulf of Mexico resources by BP’s Deep Water Gulf Oil Disaster

A  failing to fix a car’s oil leak choosing instead to transfer the cost of the environmental burden to the community

B  producing sweatshop apparel where the costs for healthcare, unemployment and safety are borne by the employees and not the manufacturer

C  people living near a coal-fired power plant who must clean the power plant’s soot off their laundry

D  CocaCola, PepsiCo, and Cadbury-Schweppes control of 90% of the US soft drink market

A  implies that business has a duty to provide moral goods and services to customers

B  consumer reaction to moral issues is combined with other factors

C  businesses are a conduit for consumers’ demands

D  consumers vote with their wallets

A  the invisible hand

B  shortages and pollution for future generations

C  goods with built in obsolescence

D  landfills and depleting resources

A  have considerable social and economic power to shape public opinion and legislative policy

B  are run by executives who face a challenging ethical environment

C  have no obligations to the society

D  are a result of the industrial revolution

A  encourages consumption of finite resources

B  functions without government influence or modification

C  has a profound influence over our everyday lives

D  has resulted in a high standard of living with affordable goods and services

A  ethical theory provides the basis “normative action” based upon outcomes, duties, and virtues

B  ethical theory is implemented within a wider context

C  ethical theory provides an analytical framework for making decisions about what we should do

D  ethical theory will provide an easy recipe for right action in every case

A  capitalism left unchecked may lead to excessive, unreasonable, and/or harmful acts

B  capitalism sometimes needs to be monitored and corrected

C  capitalism makes a good servant to human flourishing, but a poor master

D  Adam Smith advocated making merchants and manufacturers “rulers of mankind”

A  does not lend itself well to corporate statements and management literature

B  evaluates actions as part of a continuing personal history

C  requires role models

D  recognizes that actions take place within communities and must be judged in those terms

A  intellectual virtues make someone clever but not necessarily good

B  virtues are the same in any particular context

C  virtues moderate or balance our feelings

D  virtues are not just learned in the classroom

A  the aim is eudaimonia

B  concerned with duty to do what is right

C  a teleological system

D  learned from role models

A  Kantian capitalism

B  Norman Bowie’s views of what is meaningful work

C  the traditional view of capitalism

D  Edward Freeman’s view of “stakeholder theory”

A  moral action is imperative because we have no alternative to do otherwise

B  moral actions are based upon our feelings

C  moral laws apply categorically in all circumstances

D  maxims can be tested by whether or not they are consistent

A  ethics is based on our ability to reason and our freedom of choice

B  the morality of an act is determined by the amount of good or evil it produces

C  determining moral action does not rely on outside evidence

D  motives are of utmost importance in assessing morality

A  the problem of how to calculate future welfare

B  supererogation

C  it may pose a threat to minority groups

D  utility is not always fair

A  the problem of how to calculate future welfare

B  partiality

C  supererogation

D  ”sour grapes” syndrome

A  the similarity between legal and moral responsibility

B  the difficulty in analyzing ethical issues in business

C  the many factors we have to consider

D  the many stakeholders and their incompatible interests

A  individual corporations can differ greatly in their goals and what they believe is appropriate behavior

B  a mission statement shows that a company may not be purely egoistic

C  corporations are required to have a published mission statement

D  a more outwardly directed mission statement recognizes the conflict between making a profit and meeting the needs of other stakeholders

A  a bold leader should acquire and use power for his personal advantage

B  right and wrong matter more than praise or blame

C  a leader has to promote his own interests above all others

D  it is safer to be feared than to be loved

A  absolutists

B  those who believe moral truths apply throughout space and time

C  coherentists

D  objectivists

A  demonstrates that most of our business dealings are based on mistrust

B  breeds the belief that the other business party is predatory

C  leads to a litigious society

D  advocated by economist Milton Friedman

A  prudence

B  benign self-interest

C  intrinsic morality

D  instrumental morality

A  role morality

B  making no distinction between different roles in our lives and what is moral behavior

C  having a baseline of moral decency consistent throughout our lives

D  having a single set of ethical standards that apply throughout our life

A  metaethics

B  normative ethics

C  utilitarianism

D  virtue ethics

A  it helps us make quick moral business decisions

B  it helps us examine the fundamental assumptions and conceptual foundations of business

C  it helps us understand the nature of business and make moral judgments

D  it helps us examine the arguments businesses use for their actions