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Common Approach to Business Ethics MCQ

Common Approach to Business Ethics MCQ

1. While the weight of reasons approach focuses on the individual decision-maker, it is best to ______.

Answer

Correct Answer: Carry it out by interacting with others in a company

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2. ______ developed the weight of reasons approach to decision-making.

Answer

Correct Answer: Benjamin Franklin

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3. A ______ table can be used to evaluate how decisions may affect stakeholders.

Answer

Correct Answer: Pros and cons

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4. People often have great difficulty in making ______ decisions.

Answer

Correct Answer: Complex

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5. Closing the loop is completed in Step ______ of the weight of reasons approach.

Answer

Correct Answer: 8

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6. In Step ______ of the weight of reasons approach, a person develops an action plan.

Answer

Correct Answer: 6

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7. In Step ______ of the weight of reasons approach, a person considers individual principles to fully analyze an ethical dilemma.

Answer

Correct Answer: 5

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8. When a manager blames an employee for unknowingly making a mistake instead of acknowledging that the company does not offer ethics training, a(n) ______ bias has occurred.

Answer

Correct Answer: Attribution

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9. Bounded rationality means that ______.

Answer

Correct Answer: There are limitations to an individual’s decision-making ability

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10. An ethical dilemma is a type of ______ decision.

Answer

Correct Answer: Unstructured

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11. _____ is a decision for which there is no predetermined and explicit set of steps within the organization.

Answer

Correct Answer: Unstructured Decision

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12. Sensemaking is the process of _____ on information from the external environment.

Answer

Correct Answer: All of the above

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13. Sensebreaking is the disruption of sensemaking by a usual event or contradictory evidence.

Answer

Correct Answer: Flase

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14. Framing is the process of perceiving particular information from the environment and attaching specific meanings to it.

Answer

Correct Answer: True

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15. In Ethical decision,the decision maker perceives it as involving questions of _____?

Answer

Correct Answer: Both a and b

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16. Dilemma is a particular type of _____ decision in which one has a clear understanding of the problem but cannot decide between alternative courses of action, because all have undesirable aspects.

Answer

Correct Answer: Unstructured

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17. Choose the correct Statement:

Answer

Correct Answer: Both a and b

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18. _____ is a specific commitment to action.

Answer

Correct Answer: Decision

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19. The mental discomfort that one feels when evidence contradicts one’s beliefs or expectations is called Cognitive Dissonance.

Answer

Correct Answer: Mental Discomfort

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20. Due to bounded rationality humans _____ some of the information available to their senses while filtering out other information is known as Limited cognitive capacity.

Answer

Correct Answer: Both a and b

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