Multiple-Choice Questions
1. Milton Friedman was a strong believer in the _____________ model. He _______________ argue that a corporate leader's sole obligation is to make money for the company's owners.
(a) Shareholder; did
(b) Shareholder; did not
(c) Stakeholder; did
(d) Stakeholder; did not
2. Which of the following wrote Utilitarianism, and believed that moral actions should "generate the greatest good for the greatest number"?
(a) Milton Friedman
(b) John Stuart Mill
(c) Immanuel Kant
(d) None of the above
3. Which of the following believed that the dignity of human beings must be respected, and that the most ethical decisions are made out of a sense of duty or obligation?
(a) Milton Friedman
(b) John Stuart Mill
(c) Immanuel Kant
(d) None of the above
4. Kant believed that:
(a) It is ethical to tell a lie if necessary to protect an innocent person from great harm.
(b) It is ethical to tell a lie if the benefit of the lie outweighs the cost.
(c) It is ethical to make a true, but misleading, statement.
(d) It is wrong to tell an outright lie or to mislead.
5. The following statement is true:
(a) Most people are honest most of the time.
(b) Even people who do not believe in God are more likely to behave honestly after reading the Ten Commandments.
(c) When confronted with wrongdoing, most people immediately recognize what is happening.
(d) People make their best ethical decisions when in a hurry