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OpenStax Business Ethics
Chapter 1: Why Ethics Matters
Page 1 of 13
Chapter 1: Why Ethics Matters
* = Correct answer
Multiple Choice/Fill in the Blank
1. Which of the following is the best description for what it means to be a professional of
integrity?
A. following the investment style of Warren Buffet
B. thinking long term when investing
C. having an ethical mindset in business*
D. ensuring employee happiness
Difficulty: Easy
Blooms: Understand
AACSB: Ethics, Reflection, Diversity
2. Which of the following companies is considered ethical, according to the chapter?
A. Samsung
B. Kia
C. Au Bon Pain
D. Marriott*
Difficulty: Moderate
Blooms: Application
AACSB: Ethics, Diversity, Real-world
3. What is the golden mean?
A. treating every person the same
B. the aim of ethical behavior
C. a middle ground value between deficiency and excess*
D. justice as fairness
Difficulty: Moderate
Blooms: Analyze
AACSB: Ethics, Analytical, Application
4. Which of the following is an example of demonstrating ethical standards?
A. eudaimonia
B. consequentialism*
C. junzi
D. categorical imperative
Difficulty: Moderate
Blooms: Remember, Understand
AACSB: Application
Business Ethics
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