Question 1

Why should ethics be a concern to business?

Accepted Answer

A)  Society as a whole benefits from ethical behavior. 
B)  People feel better when they behave ethically. 
C)  Unethical behavior can be very costly. 
D)  All of the above. 
A)  Society as a whole benefits from ethical behavior. 
B)  People feel better when they behave ethically. 
C)  Unethical behavior can be very costly. 
D)  All of the above. D

Question 2

Unethical behavior in an organization can create:

Accepted Answer

A)  a cynical workforce. 
B)  a resentful workforce. 
C)  an unproductive workforce. 
D)  All of the above. 
A)  a cynical workforce. 
B)  a resentful workforce. 
C)  an unproductive workforce. 
D)  All of the above. D

Question 3

Researchers who study happiness find that people expect material goods to make them happier than they actually do.

Accepted Answer

A) True 
 B)False  True

Question 4

A company that engages in unethical behavior may suffer severe consequences.

Accepted Answer

A) True 
 B)False

Question 5

What is ethics

Accepted Answer

A)  Always telling the truth 
B)  The study of how people should act 
C)  Following the law 
D)  none of these answers is true 
A)  Always telling the truth 
B)  The study of how people should act 
C)  Following the law 
D)  none of these answers is true

Question 6

Under Utilitarian ethics if a decision maximizes happiness in the most people it is ethical

Accepted Answer

A) True 
 B)False

Question 7

Who makes up the Stakeholders

Accepted Answer

A)  Shareholders,community,employees,customers 
B)  CEO & shareholders 
C)  Landowners,taxpayers,shareholders 
D)  None of these answers are true 
A)  Shareholders,community,employees,customers 
B)  CEO & shareholders 
C)  Landowners,taxpayers,shareholders 
D)  None of these answers are true

Question 8

Ethics is the study of how people should act.

Accepted Answer

A) True 
 B)False

Question 9

Which of the following are alternatives in dealing with issues of ethics in advertising?

Accepted Answer

A)  Try,in a general way,to minimize racism,sexism,and other exploitation. 
B)  Include,as part of the development process,a systematic,focused review of the underlying messages contained in advertisements. 
C)  Refuse to create ads that are potentially demeaning,insensitive,or dangerous,recognizing that such a stand may lead to a loss of clients. 
D)  All of the above are alternatives in dealing with issues of ethics in advertising. 
A)  Try,in a general way,to minimize racism,sexism,and other exploitation. 
B)  Include,as part of the development process,a systematic,focused review of the underlying messages contained in advertisements. 
C)  Refuse to create ads that are potentially demeaning,insensitive,or dangerous,recognizing that such a stand may lead to a loss of clients. 
D)  All of the above are alternatives in dealing with issues of ethics in advertising.

Question 10

Ethics is the study of:

Accepted Answer

A)  sovereign immunity. 
B)  how people should act. 
C)  respondeat superior. 
D)  victimization. 
A)  sovereign immunity. 
B)  how people should act. 
C)  respondeat superior. 
D)  victimization.

Question 11

Utilitarian ethics holds that decisions should be made on the basis of practicality,and whatever action is most convenient should be favored.

Accepted Answer

A) True 
 B)False

Question 12

In analyzing a situation to determine how to act ethically,a business manager should:

Accepted Answer

A)  gather background information by either talking firsthand with the people involved or by talking to those who gained information informally through the company "grapevine." 
B)  narrowly focus on a single issue. 
C)  determine whether an alternative violates important values. 
D)  All of the answers are correct. 
A)  gather background information by either talking firsthand with the people involved or by talking to those who gained information informally through the company "grapevine." 
B)  narrowly focus on a single issue. 
C)  determine whether an alternative violates important values. 
D)  All of the answers are correct.

Question 13

Nortron Corporation wants to create an ethical environment in its company.Which of the following has been found to help foster a sense of ethics within an organization?

Accepted Answer

A)  The company may develop a formal,written ethics code. 
B)  The company may institute a formal ethics training program for the employees. 
C)  The top executives may provide good examples by behaving ethically themselves. 
D)  All of the above alternatives have been used by U.S.companies to create an ethical environment in their organizations. 
A)  The company may develop a formal,written ethics code. 
B)  The company may institute a formal ethics training program for the employees. 
C)  The top executives may provide good examples by behaving ethically themselves. 
D)  All of the above alternatives have been used by U.S.companies to create an ethical environment in their organizations.

Question 14

E-presto,Inc.has established an EthicsLine.EthicsLine is a toll-free phone number that employees can call any time of the day,any day of the week to discuss ethics and report suspected unethical or improper conduct.Why would E-presto establish the EthicsLine?

Accepted Answer

A)  Ethical behavior improves productivity. 
B)  Ethical behavior increases job stability. 
C)  Unethical behavior can destroy a business. 
D)  All of the above are reasons that would justify establishing an EthicsLine. 
A)  Ethical behavior improves productivity. 
B)  Ethical behavior increases job stability. 
C)  Unethical behavior can destroy a business. 
D)  All of the above are reasons that would justify establishing an EthicsLine.

Question 15

Oxtron,Inc.is considering establishing a program that actively encourages ethical behavior.What reasons would support Oxtron's adoption of an ethics program?

Accepted Answer

The following reasons support an ethics

Question 16

Wever,Inc.is considering relocating a facility to Mexico.The interests of the various stakeholders affected by this decision may conflict.

Accepted Answer

A) True 
 B)False

Question 17

Research has shown that the least important motivation for managers in behaving ethically is:

Accepted Answer

A)  they want to feel good about themselves. 
B)  they want to feel good about the decisions they make. 
C)  they value their reputation. 
D)  profitability. 
A)  they want to feel good about themselves. 
B)  they want to feel good about the decisions they make. 
C)  they value their reputation. 
D)  profitability.

Question 18

Don runs a construction company.He hires people to work on his projects and tells them they are all "independent contractors." Legally,they are not independent contractors since Don tells the workers when to come to work,how long to work,what days to work,what they are to do each day,and so forth.At the end of each week,Don pays his workers in cash rather than with a check.Also,he does not withhold any state,federal or local withholding tax (since he claims the workers are independent contractors).Which statement is correct?

Accepted Answer

A)  Don has committed both unethical and illegal conduct. 
B)  Don has committed unethical conduct,but it is legal. 
C)  Don has committed ethical conduct but it is illegal. 
D)  Don has committed both ethical and legal conduct. 
A)  Don has committed both unethical and illegal conduct. 
B)  Don has committed unethical conduct,but it is legal. 
C)  Don has committed ethical conduct but it is illegal. 
D)  Don has committed both ethical and legal conduct.

Question 19

Society is hurt when business managers behave ethically.

Accepted Answer

A) True 
 B)False

Question 20

Why do many major corporations actively encourage ethical behavior?

Accepted Answer

A)  Unethical behavior always damages a business. 
B)  Unethical behavior can quickly destroy a business. 
C)  Unethical acts are always illegal. 
D)  All of the above are reasons that corporations actively encourage ethical behavior. 
A)  Unethical behavior always damages a business. 
B)  Unethical behavior can quickly destroy a business. 
C)  Unethical acts are always illegal. 
D)  All of the above are reasons that corporations actively encourage ethical behavior.

Exam 2: Business Ethics and Social Responsibility

Why should ethics be a concern to business?

Unethical behavior in an organization can create:

Researchers who study happiness find that people expect material goods to make them happier than they actually do.

A company that engages in unethical behavior may suffer severe consequences.

What is ethics

Under Utilitarian ethics if a decision maximizes happiness in the most people it is ethical

Who makes up the Stakeholders

Ethics is the study of how people should act.

Which of the following are alternatives in dealing with issues of ethics in advertising?

Ethics is the study of:

Utilitarian ethics holds that decisions should be made on the basis of practicality,and whatever action is most convenient should be favored.

In analyzing a situation to determine how to act ethically,a business manager should:

Nortron Corporation wants to create an ethical environment in its company.Which of the following has been found to help foster a sense of ethics within an organization?

E-presto,Inc.has established an EthicsLine.EthicsLine is a toll-free phone number that employees can call any time of the day,any day of the week to discuss ethics and report suspected unethical or improper conduct.Why would E-presto establish the EthicsLine?

Oxtron,Inc.is considering establishing a program that actively encourages ethical behavior.What reasons would support Oxtron's adoption of an ethics program?

Wever,Inc.is considering relocating a facility to Mexico.The interests of the various stakeholders affected by this decision may conflict.

Research has shown that the least important motivation for managers in behaving ethically is:

Society is hurt when business managers behave ethically.

Why do many major corporations actively encourage ethical behavior?

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