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Business Ethics: Questions

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Business Ethics: Questions
Semester 1, 2010/2011

CBEB3101 Business Ethics
Quiz 1

26 August 2010

SUGGESTED ANSWERS

True/False Questions: Circle the correct answer.

1. Ethically responsible leaders within any business promote ethics through personal behaviour and thoughts alone. False

2. Talking about business's social responsibilities is to be concerned with society's interests that bind business's behaviour. True

3. Rawl’s theory of social justice is the ethical principle that is based on the foundations of rules and the need for them to be followed, no matter the consequences. False

4. Corporate philanthropy is an example of a firm's taking on the social responsibility of doing voluntary good. True

5. That humans are able to make free choices about how they live their lives, and make decision about their own ends, enables us to say that humans have rights. False

Structured Questions

1. How does a compliance-based structure work? (2 marks) Answer: ▪ A compliance-based culture emphasizes obedience to the rules as the primary responsibility of ethics. ▪ A compliance-based culture will empower legal and audits offices to mandate and monitor compliance with the law and with internal codes.

2. Distinguish between legal, contractual and moral rights of an employee. (6 marks) Answer: ▪ Legal rights are those granted to employees on the basis of legislation or judicial rulings. Thus, employees have a right to a minimum wage, equal opportunity, to bargain collectively as part of a union, to be free from sexual harassment, and so forth. Contractual rights of employees refer to those goods that employees are entitled to on the basis of contractual agreements with employers. In this sense, a particular employee might have a right to a specific health care package, a certain number of paid holidays, pension funds, and the like. ▪ Employee rights might refer to those moral entitlements to which employees have a

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