In which of the following ways do the ethical theories compare or contrast with Lawrence Kohlberg’s six stages of moral reasoning?
a. Egoism does not correspond well to any of Kohlberg’s stages.
b. Virtue ethics, the highest level ethical theory, matches Stage 6, Kohlberg’s highest.
c. Utilitarianism can be seen in every Kohlberg stage.
d. Cultural relativism is seen most strongly in Stage 1 because of all the cultural
influences on early child development.
b. Virtue ethics, the highest level ethical theory, matches Stage 6, Kohlberg’s highest.
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If your after-tax expected real interest rate is 3 percent on a one-year bond that pays 4 percent interest, what is the expected inflation rate if you face a tax rate of 20 percent?
A. 0.0 percent B. 0.2 percent C. 2.0 percent D. 20.0 percent
Which of the following most directly explains why pharmaceutical giant Pfizer offered low-income senior citizens many of its most widely used prescriptions for $15 each per month?
A. the mandate by its industry's code of ethics B. the profit motive since aging baby boomers are a large, profitable market C. the social responsibility concept D. the necessity of matching competitors' actions E. new regulatory Medicare mandates as a result of the Affordable Care Act legislation
Which of the following is NOT a symptom of potential investment scams?
a. pressures to get in early on the investment. b. a business with a history of bankruptcy or scandals. c. use of a special tax loophole or a tax avoidance scheme. d. promise of returns comparable to those of treasury bonds.
According to Alderfer's ERG theory, what behavior might an employee exhibit relative to needs fulfillment?
A. An employee will be most highly motivated by the level of need currently fulfilled. B. All employees are focused on self-actualization as a primary need to fulfill. C. If frustrated with needs fulfillment at one level, an employee will focus on a lower-level need. D. If frustrated with needs fulfillment at one level, an employee will focus on a higher-level need. E. An employee would focus on only one level of need fulfillment at any given time.