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Business Ethics1. Problems with the utilitarian reliance on measurement include: (Points : 1)Comparative measures of the values things have for different people cannot be made; we cannot get into each others' skins to measure the pleasure or pain caused.All benefits and costs are possible to measure.The potential benefits and costs of an action cannot always be reliably predicted.All the aboveA & C2. Cost-benefit analysis is used to determine the desirability of investing in a project (such as a dam, factory, or public park) by figuring whether its present and future economic benefits outweigh its present and future economic costs. (Points : 1)True False3. Considerations to follow in determining what the moral thing to do might be are: (Points : 1) You must determine what alternative actions are available.You must estimate the direct and indirect costs and benefits the action would produce for all involved in the foreseeable future.You must choose the alternative that produces the greatest sum total of utility.All the aboveA & C4. Rule utilitarianism looks only at moral rules of a particular action. (Points : 1)True False5. Utilitarianism characterizes the moral approach taken by Ford in the infamous Pinto case study. (Points : 1)True False6. Intrinsic goods are things that are desired for their own sake, such as health and life. (Points : 1)True False7. UNOCAL worked with the Burmese army to push the pipeline using forced labor. (Points : 1) True False8. Immanuel Kant's principle, called the categorical imperative, requires that everyone be treated as: (Points : 1)A free and equal personA dependent employeeAn indentured personA non-resident employee9. Negative rights are defined entirely in terms of the duties others have not to interfere with you. (Points : 1)True False10. Utilitarianism is attractive to many because it matches the views we tend to hold when discussing governmental policies and public goods. (Points : 1)True False11. According to Locke, the power of government should be: (Points : 1)Expanded to meet the needs of all citizens.Expanded to meet the needs of corporations.Limited, extending only far enough to protect basic rights of all citizens.Limited, extending only far enough to protect the basic rights of corporations.12. Locke's view that labor creates property rights has been influential in the U.S. (Points : 1) True False13. According to the text, Zimbabwe is the number two ranking region in sub-Sahara Africa for high HIV and AIDS outbreaks. (Points : 1)True False14. Modifying Locke's views on free markets, Adam Smith's arguments rest on __________ arguments that unregulated markets and private property will produce greater benefits than any other system. (Points : 1)KantianUtilitarianCommunistNone of the above15. Social Darwinists had a different take on the utilitarian justification for free markets. They argued that economic competition would not produce human progress. (Points : 1)True False16. According to Smith, when private individuals are left free to seek their own interests in free markets, they will inevitably be led to further the public welfare by an "invisible hand." (Points : 1)True False17. Many economists now advocate retaining the market system and private property while modifying their workings through government regulation. This is known as a: (Points : 1)Pure capitalist economyEvolutionary economyMixed economyFree market economy18. Karl Marx offers the most critical view of modern private property and free market institutions. Marx claims that free-market capitalism necessarily produces: (Points : 1)Extremes of inefficiencyExtremes of efficiencyExtremes of equalityExtremes of inequality19. Smith's utilitarian argument is most commonly criticized for making what some call unrealistic arguments. (Points : 1)Smith assumes that no one seller can control the price of a good.Smith assumes that the manufacturer will pay for all the resources used to produce a product. Smith assumes that humans are motivated only by a natural, self-interested desire for profit.All the aboveB & C20. The basic problem underlying the views of the social Darwinist is the fundamental normative assumption that survival of the fittest means survival of the best. (Points : 1)True False ................
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