Midterm 2 (2)

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

B  Write your own test questions

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

D  Work in pairs or groups to study and review material

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

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

C  The more you highlight the better

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

A  Highlighting

B  Outlining

C  Flashcards

D  Coffee

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

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

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

D  Skimming the material starting from the back of the chapter

A  Previewing the material

B  Writing down questions you want the reading material to answer

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

D  Paraphrasing the reading material as you go

A  Monitoring

B  Regulating

C  Self-assessing

D  Goal-setting

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

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

C  Bloom’s taxonomy is a hierarchy of learning levels

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

A  employers perceive women as more compliant

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

C  women have less access to capital

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

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

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

C  these kinds of cases are exceedingly rare today

D  300 women filed similar complaints against Morgan Stanley

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  the “glass ceiling”

B  ”dual burdens”

C  the “mommy track”

D  the “glass cliff”

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

B  advocated by Mary Woolstonecraft

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

D  accepts the notion of gender based dichotomies

A  it goes against the traditional male view of classical philosophy

B  there is no apparent independent criterion of right and wrong

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

D  it embraces the idea of interdependent relationships

A  gender egalitarianism

B  essentialism

C  traditional gender stereotypes

D  traditional conceptual dichotomies

A  the differences are based on age not gender

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

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

D  the differences between men and women are “illusory”

A  equal opportunity in hiring and promotion

B  removing barriers to education

C  women are systematically disadvantaged

D  equal pay for equal work

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

B  women earn only 75% of men’s wages

C  6 million women joining the workforce during World War II

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

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

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

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 a systematic breakdown in accountability and ethics

B  was the result of failures in corporate governance

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

D  the financial crisis was unavoidable

A  low employee wages

B  employed thousands

C  ecologically friendly cosmetics

D  expanded internationally with willing customers and competitive prices

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

B  their hearings are closed to the public

C  nations do not have to abide by its rulings

D  it is an unelected and undemocratic transnational authority

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

B  the race to the bottom

C  makes business more efficient and leads to greater worldwide prosperity

D  industrial pollution “blows away” into other nations

A  is protectionistic of national economies

B  believes boosting fair competition will result in greater worldwide prosperity

C  is a liberal (libertarian) market approach

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

A  it is used to mitigate business cycles

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

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

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

A  Russia making territorial claims on the Arctic

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

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

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

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

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

A  consumer reaction to moral issues is combined with other factors

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

C  businesses are a conduit for consumers’ demands

D  consumers vote with their wallets

A  shortages and pollution for future generations

B  the invisible hand

C  goods with built in obsolescence

D  landfills and depleting resources

A  are a result of the industrial revolution

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

C  have no obligations to the society

D  are run by executives who face a challenging ethical environment

A  encourages consumption of finite resources

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

C  functions without government influence or modification

D  has a profound influence over our everyday lives

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

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

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

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

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

D  capitalism sometimes needs to be monitored and corrected

A  requires role models

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

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

D  evaluates actions as part of a continuing personal history

A  intellectual virtues make someone clever but not necessarily good

B  virtues are not just learned in the classroom

C  virtues moderate or balance our feelings

D  virtues are the same in any particular context

A  the aim is eudaimonia

B  concerned with duty to do what is right

C  a teleological system

D  learned from role models

A  Edward Freeman’s view of “stakeholder theory”

B  Kantian capitalism

C  the traditional view of capitalism

D  Norman Bowie’s views of what is meaningful work

A  moral laws apply categorically in all circumstances

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

C  moral actions are based upon our feelings

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

A  motives are of utmost importance in assessing morality

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

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

D  determining moral action does not rely on outside evidence

A  utility is not always fair

B  it may pose a threat to minority groups

C  supererogation

D  the problem of how to calculate future welfare

A  supererogation

B  ”sour grapes” syndrome

C  partiality

D  the problem of how to calculate future welfare

A  the many stakeholders and their incompatible interests

B  the difficulty in analyzing ethical issues in business

C  the similarity between legal and moral responsibility

D  the many factors we have to consider

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

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

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

D  corporations are required to have a published mission statement

A  right and wrong matter more than praise or blame

B  it is safer to be feared than to be loved

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

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

A  absolutists

B  coherentists

C  those who believe moral truths apply throughout space and time

D  objectivists

A  advocated by economist Milton Friedman

B  leads to a litigious society

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

D  breeds the belief that the other business party is predatory

A  benign self-interest

B  intrinsic morality

C  prudence

D  instrumental morality

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

B  having a baseline of moral decency consistent throughout our lives

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

D  role morality

A  metaethics

B  virtue ethics

C  utilitarianism

D  normative ethics

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

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

C  it helps us make quick moral business decisions

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