Think about the articles on CEO pay by Jeffrey Moriarty and Jared Harris. Based on the arguments they make in their articles, to which of the following would both Moriarty and Harris agree?

Question options:

CEO pay is not justified because of the relationships between the board members and CEOs that affect how pay is determined.

CEOs do not need the current level of pay to be motivated to do a better good job.

CEO pay is too high, period. No one needs to make that amount of money.

Harris and Moriarty would not agree on any of these statements.

Question 3 0 / 5 points

John Rawls says that, if we were to choose principles of justice from the Original Position, behind the veil of ignorance, we would choose principles that are not biased. Which of the following principles does Rawls think we would choose?

Question options:

A:Society is not justified in interfering with the actions of a person unless that person's actions would cause harm to another person.

B: Each person is to have an equal right to the most extensive basic liberty compatible with a similar liberty for others.

C: Social and economic inequalities are to be arranged so that they are reasonably expected to be to everyone's advantage.

D: Social and economic inequalities are to be arranged so that they are attached to offices and positions which are open to all people.

A, B, C, and D

B, C, and D

C and D

A and B

Question 4 0 / 5 points

According to Jeffrey Moriarty, which of the following arguments justifies the current level of executive compensation?

Question options:

C: Negotiations for executive compensation are arm's length negotiations.

None of these.

B: The current levels of executive pay are required to attract, keep, and motivate talented executives.

A: Executive wages reflect the demands of executive-level jobs and the contributions executives make to their organizations.

A and C

B and C

A and B

Question 5 0 / 5 points

Utilitarian moral theory requires us to look only at short-term consequences of an action when we are trying to decide whether the action is moral.

Question options:

True

False

Question 7 0 / 5 points

Jared Harris claims that current levels of CEO pay violate Rawls's second principle of justice, known as "The Difference Principle", because of which of the current conditions?

Question options:

A: The position of CEO is not open to all qualified candidates.

B: The current level of CEO pay violates the liberty of workers who are not paid at similar levels.

C:Other stakeholder groups do not benefit from the current levels of CEO pay.

A and B

B and C

A and C

Question 8 0 / 5 points

Review the case "Fired For Drinking the Wrong Brand of Beer" from Unit 7: Employment at Will. Then, decide whether the following statement is true or false.

The firing of Ross Hopkins is justified under Employment at Will because his employer explained why he was being fired. The firing of Isac Aguero is not justified under employment at will because his employer refused to confirm that Aguero was fired for drinking a competitor's beer.

Question options:

True

False

Question 10 0 / 5 points

Jared Harris argues that CEO pay levels are immoral because:

Question options:

A: the position of CEO is not open an available to all.

B: the high levels of CEO pay do not provide an advantage for everyone.

C: CEO performance is not great enough to justify that level of pay.

A and B

B and C

A, B, and C

None of these.

Question 11 0 / 5 points

Rawls's principles of justice are heavily influenced by Kantian theory. That is, they are heavily influenced by the idea that each person has dignity and deserves respect, and thus deserves to be treated justly and fairly.

Question options:

True

False

Question 12 0 / 5 points

At will employees make up only a small amount of private sector employees.

Question options:

True

False

Question 15 0 / 5 points

Richard Epstein's argument in favor of employment at will focuses on which of the following justifications?

Question options:

Justice as fairness

The virtues

Treating people always as ends and never merely as means

Producing the best consequences for all involved

Providing care for all involved

Question 16 0 / 5 points

Moral relativism is a good choice for a moral theory.

Question options:

True

False

Question 17 0 / 5 points

Suppose that you are on the Board of Directors of a Fortune 500 company, and you have hired Moriarty as a consultant to help you determine whether CEO pay at the company is determined fairly. Moriarty has examined how your company determines the CEO pay structure and argued that it is not determined fairly because the process your company uses has all of the problems that Moriarty argues against in his article, "Do CEOs Get Paid Too Much?" Which of the following steps would lead Moriarty to say that executive pay was more morally determined?

Question options:

B: CEOs should not be involved in choosing the members of the Board of Directors.

C: Directors should be required to invest their own money in the companies of the Boards on which they sit.

A: CEOs and other executives should make no more than 50 times the average pay of a non-executive level employee.

A and B

B and C

A and C

None of these would help resolve the current issues Moriarty raises about CEO pay.