A community in Northern Ontario is so excited because a new wave of businesses are entering the community. A new graduate from the Hospitality and Restaurant Management program from Cambrian College is opening a new Thai restaurant, two sisters are partnering to open a fabulous shoe store for the whole family, and a family in the community has just incorporated their family business, the family wine business. The residents of the community are excited because this will add more variety in the community and give the economy a boost. Maybe residential taxes won't increase in the coming year. The new businesses can best be described as which of the following?

a.

The importance of family in business management

b.

An example of the Canadian business system

c.

A positive outcome for the town because it will draw more visitors

d.

Responsible business owners

e.

A benefit for the greater good

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A friend of mine was involved in a car accident three weeks ago. Her insurance company will not cover the additional cost of a rental car. The insurance company fears that continued coverage of a rental car will mean that their client will stall buying a car, which means the insurance company will lose money because until she buys a car they cannot hike her insurance rates, but they are also offering new and existing clients a 10% discount on their annual premiums if they buy an electric vehicle before the end of the month. As a long standing client, they want to offer my friend a way to experience a rate reduction even though she was at fault for the accident. The insurance company in a sneaky way is demonstrating which of the following? Choose the best answer.

a.

Concern for my friend, their client

b.

None of these, they fear she will have another accident with one of their cars, so they are protecting their interests

c.

Concern for the environment because they are offering a reduction on insurance for electric vehicles

d.

Oversimplifying the decision because buying a car is important and should not be rushed

e.

Concern for the triple bottom line

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A student has come across the final exam that a professor left behind in a classroom. The student knows it is for the first year class of Organizational Behaviour and knows that it can be sold for money. Ths student needs some new clothes for an upcoming interview and selling the exam for $10 to 10 people would be enough to get those new clothes. The student takes the exam and will use the night to sleep on the decision of what should be done with the exam. After waking up in the morning, the student decides to set up an appointment with the professor to let the professor know that the final exam was found and returns the exam to the professor. The professor thanks the student and the professor asks if anyone else has seen this exam. The student confesses the plan and states that the exam was not sold to anyone or seen by anyone else. The teacher gives the student a reward and thanks the person for doing the right thing. This is an example of which of the following? Choose the best answer.

a.

An example of kindness and good sense based on a moral compass and compassion

b.

Virtue ethics by the student

c.

An example of virtue based individuals, who demonstrated and emphasized their character or identity

d.

Virtue ethics by the professor

e.

Teleological ethics

f.

A rule that should always be followed

g.

A demonstration of character

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In the 1980s the Evangelical husband and wife preachers, Jim and Tammy Faye Bakker raised millions of dollars. They had their own TV show on the PTL network. The Bakkers were involved in many scandals and charged with fraud. The CEO of the PTL network decided on his own that he could not have Jim and Tammy Faye on TV anymore. The network had over a million viewers and the actions of the Bakkers would ruin the reputation of the PTL TV network. The decision to remove the Bakkers from TV was to protect the greater good and to ensure the reputation of the PTL TV network remained in tact. This decision is an example of which of the following levels of ethics? Choose the best answer.

a.

Deontological ethics

b.

Virtue ethics

c.

This is not a matter of ethics, it is a conflict of interest for the TV network

d.

This is an example of stakeholder engagement because the viewers felt cheated because of the fraud charges

e.

This is an example of illegal activity and the law is more important than ethics

f.

Teleological ethics please solve these mcqs