Midterm 2 (2)

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

B  Work in pairs or groups to study and review material

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

D  Write your own test questions

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  Highlighting

B  Outlining

C  Flashcards

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  Paraphrasing the reading material as you go

B  Previewing the material

C  Writing down questions you want the reading material to answer

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

A  Self-assessing

B  Regulating

C  Goal-setting

D  Monitoring

A  Bloom’s taxonomy is a hierarchy of learning levels

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

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  women have less access to capital

C  employers perceive women as more compliant

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

A  300 women filed similar complaints against Morgan Stanley

B  these kinds of cases are exceedingly rare today

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

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

A  differences in form of address

B  workplace dangers

C  discrimination blindness

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

A  ”dual burdens”

B  the “glass cliff”

C  the “mommy track”

D  the “glass ceiling”

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

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

C  advocated by Mary Woolstonecraft

D  accepts the notion of gender based dichotomies

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

B  it goes against the traditional male view of classical philosophy

C  there is no apparent independent criterion of right and wrong

D  it embraces the idea of interdependent relationships

A  traditional gender stereotypes

B  traditional conceptual dichotomies

C  gender egalitarianism

D  essentialism

A  the differences between men and women are “illusory”

B  the differences are based on age not gender

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

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

A  equal pay for equal work

B  women are systematically disadvantaged

C  removing barriers to education

D  equal opportunity in hiring and promotion

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

B  6 million women joining the workforce during World War II

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

D  women earn only 75% of men’s wages

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

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

C  it could have been prevented

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

A  the financial crisis was unavoidable

B  was the result of failures in corporate governance

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

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

A  ecologically friendly cosmetics

B  expanded internationally with willing customers and competitive prices

C  employed thousands

D  low employee wages

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

B  their hearings are closed to the public

C  it is an unelected and undemocratic transnational authority

D  nations do not have to abide by its rulings

A  industrial pollution “blows away” into other nations

B  the race to the bottom

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

D  makes business more efficient and leads to greater worldwide prosperity

A  believes boosting fair competition will result in greater worldwide prosperity

B  is protectionistic of national economies

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

D  is a liberal (libertarian) market approach

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

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

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

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

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

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

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

A  consumer reaction to moral issues is combined with other factors

B  consumers vote with their wallets

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

D  businesses are a conduit for consumers’ demands

A  landfills and depleting resources

B  shortages and pollution for future generations

C  the invisible hand

D  goods with built in obsolescence

A  are run by executives who face a challenging ethical environment

B  have no obligations to the society

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

D  are a result of the industrial revolution

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

B  functions without government influence or modification

C  encourages consumption of finite resources

D  has a profound influence over our everyday lives

A  ethical theory is implemented within a wider context

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

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

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

A  capitalism sometimes needs to be monitored and corrected

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

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

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

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

B  evaluates actions as part of a continuing personal history

C  requires role models

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

A  intellectual virtues make someone clever but not necessarily good

B  virtues moderate or balance our feelings

C  virtues are not just learned in the classroom

D  virtues are the same in any particular context

A  concerned with duty to do what is right

B  the aim is eudaimonia

C  a teleological system

D  learned from role models

A  the traditional view of capitalism

B  Norman Bowie’s views of what is meaningful work

C  Edward Freeman’s view of “stakeholder theory”

D  Kantian capitalism

A  moral laws apply categorically in all circumstances

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

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

D  moral actions are based upon our feelings

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

B  determining moral action does not rely on outside evidence

C  motives are of utmost importance in assessing morality

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

A  supererogation

B  it may pose a threat to minority groups

C  the problem of how to calculate future welfare

D  utility is not always fair

A  partiality

B  the problem of how to calculate future welfare

C  supererogation

D  ”sour grapes” syndrome

A  the many factors we have to consider

B  the difficulty in analyzing ethical issues in business

C  the similarity between legal and moral responsibility

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

C  corporations are required to have a published mission statement

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

A  right and wrong matter more than praise or blame

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

C  it is safer to be feared than to be loved

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

A  those who believe moral truths apply throughout space and time

B  absolutists

C  coherentists

D  objectivists

A  leads to a litigious society

B  advocated by economist Milton Friedman

C  breeds the belief that the other business party is predatory

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

A  intrinsic morality

B  instrumental morality

C  prudence

D  benign self-interest

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

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

C  having a baseline of moral decency consistent throughout our lives

D  role morality

A  normative ethics

B  metaethics

C  virtue ethics

D  utilitarianism

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

B  it helps us make quick moral business decisions

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

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