Midterm 2 (2)

A  Work in pairs or groups to study and review material

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

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

D  Write your own test questions

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

B  The more you highlight the better

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

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

A  Highlighting

B  Flashcards

C  Coffee

D  Outlining

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

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

C  Skimming the material starting from the back of the chapter

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

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

B  Paraphrasing the reading material as you go

C  Writing down questions you want the reading material to answer

D  Previewing the material

A  Self-assessing

B  Regulating

C  Monitoring

D  Goal-setting

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

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

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

D  Bloom’s taxonomy is a hierarchy of learning levels

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

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

C  employers perceive women as more compliant

D  women have less access to capital

A  300 women filed similar complaints against Morgan Stanley

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  she settled her case four years later for $12 million

A  discrimination blindness

B  differences in form of address

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

D  workplace dangers

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 need to take more seriously the perspectives and experiences of women

C  advocated by Mary Woolstonecraft

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

A  there is no apparent independent criterion of right and wrong

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

C  it embraces the idea of interdependent relationships

D  it goes against the traditional male view of classical philosophy

A  essentialism

B  gender egalitarianism

C  traditional gender stereotypes

D  traditional conceptual dichotomies

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

B  the differences between men and women are “illusory”

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

D  the differences are based on age not gender

A  equal pay for equal work

B  removing barriers to education

C  women are systematically disadvantaged

D  equal opportunity in hiring and promotion

A  women earn only 75% of men’s wages

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  the post-war economy proving greater employment opportunities for women

A  it could have been prevented

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

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

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

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

B  was the result of failures in corporate governance

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

D  the financial crisis was unavoidable

A  low employee wages

B  expanded internationally with willing customers and competitive prices

C  employed thousands

D  ecologically friendly cosmetics

A  their hearings are closed to the public

B  nations do not have to abide by its rulings

C  it is an unelected and undemocratic transnational authority

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

A  makes business more efficient and leads to greater worldwide prosperity

B  the race to the bottom

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

D  industrial pollution “blows away” into other nations

A  is protectionistic of national economies

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

C  believes boosting fair competition will result in greater worldwide prosperity

D  is a liberal (libertarian) market approach

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

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

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

D  it is used to mitigate business cycles

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

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

C  Russia making territorial claims on the Arctic

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

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

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

A  businesses are a conduit for consumers’ demands

B  consumer reaction to moral issues is combined with other factors

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

D  consumers vote with their wallets

A  landfills and depleting resources

B  goods with built in obsolescence

C  the invisible hand

D  shortages and pollution for future generations

A  are run by executives who face a challenging ethical environment

B  are a result of the industrial revolution

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

D  have no obligations to the society

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

B  has a profound influence over our everyday lives

C  functions without government influence or modification

D  encourages consumption of finite resources

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

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

C  capitalism sometimes needs to be monitored and corrected

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  requires role models

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

D  evaluates actions as part of a continuing personal history

A  virtues are the same in any particular context

B  virtues moderate or balance our feelings

C  virtues are not just learned in the classroom

D  intellectual virtues make someone clever but not necessarily good

A  a teleological system

B  concerned with duty to do what is right

C  learned from role models

D  the aim is eudaimonia

A  the traditional view of capitalism

B  Kantian capitalism

C  Norman Bowie’s views of what is meaningful work

D  Edward Freeman’s view of “stakeholder theory”

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  motives are of utmost importance in assessing morality

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

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

D  determining moral action does not rely on outside evidence

A  utility is not always fair

B  the problem of how to calculate future welfare

C  it may pose a threat to minority groups

D  supererogation

A  partiality

B  supererogation

C  the problem of how to calculate future welfare

D  ”sour grapes” syndrome

A  the similarity between legal and moral responsibility

B  the many factors we have to consider

C  the difficulty in analyzing ethical issues in business

D  the many stakeholders and their incompatible interests

A  corporations are required to have a published mission statement

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

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

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

A  it is safer to be feared than to be loved

B  right and wrong matter more than praise or blame

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  objectivists

B  coherentists

C  those who believe moral truths apply throughout space and time

D  absolutists

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

B  leads to a litigious society

C  advocated by economist Milton Friedman

D  breeds the belief that the other business party is predatory

A  instrumental morality

B  intrinsic morality

C  prudence

D  benign self-interest

A  role morality

B  having a baseline of moral decency consistent throughout our lives

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

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

A  utilitarianism

B  normative ethics

C  virtue ethics

D  metaethics

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

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

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

D  it helps us make quick moral business decisions