Factor in ethical decision-making


Question 1: Which among the following scenarios could result in the business culture becoming a determining factor in ethical decision-making?

  • Lack of adequate judgment
  • Ambiguity within laws
  • Undefined leadership skills
  • Constancy in profit generation

Question 2: Which among the following is solely a characteristic of an ethical leader?

  • Performance within an ethical agenda.
  • Reinforcing the conduct expected.
  • Creating standards for behavior.
  • Using one's institutional role.

Question 3: From a ______ perspective, agreement on the fundamental rights and their appropriate prioritization is not yet universal.

  • utilitarian
  • deontological
  • social justice
  • virtue ethics

Question 4: What might a producer do while considering lost production that results from a trip to the market?

  • Have a sale for the product
  • Increase advertising of the product
  • Increase the price of the products
  • Hire a retailer for the product

Question 5: Which among the following is indicative of the ethical concern over alleged benefits obtained through market exchanges?

  • An informed shopping decision
  • Internet shopping
  • Impulse buying
  • Advertising

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Business Law and Ethics: Factor in ethical decision-making
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