Question 1

There are five main sources of ethical standards: utilitarian,rights,fairness or justice,common good and virtue approaches.

Accepted Answer

A) True 
 B)False

Question 2

Illegal means you could be fined or imprisoned by a court of law for engaging in a particular action.

Accepted Answer

A) True 
 B)False

Question 3

Global moral and ethical standards are much stricter than in previous years.

Accepted Answer

A) True 
 B)False

Question 4

Which of the following statements about personal ethics is most correct?

Accepted Answer

A)  "Will I be able to get away with it?" is the best question to ask yourself when making ethical choices 
B)  There are five main approaches that can be used when trying to make an ethical decision 
C)  Ethics can always be based on the law 
D)  All of the responses are correct 
A)  "Will I be able to get away with it?" is the best question to ask yourself when making ethical choices 
B)  There are five main approaches that can be used when trying to make an ethical decision 
C)  Ethics can always be based on the law 
D)  All of the responses are correct

Question 5

Compliance-based ethics codes define the organization's guiding values.

Accepted Answer

A) True 
 B)False

Question 6

The Sarbanes-Oxley Act affects only the leaders of a business.

Accepted Answer

A) True 
 B)False

Question 7

Which of the following companies was part of an ethical scandal?

Accepted Answer

A)  Enron 
B)  WorldCom 
C)  Tyco International 
D)  All of the responses are correct 
A)  Enron 
B)  WorldCom 
C)  Tyco International 
D)  All of the responses are correct

Question 8

__________ involve(s)insiders using private company information to further their own fortunes or those of their family and friends.

Accepted Answer

A)  Insider deficiencies 
B)  Insider trading 
C)  Closely-held trading 
D)  Insider trade-ups 
A)  Insider deficiencies 
B)  Insider trading 
C)  Closely-held trading 
D)  Insider trade-ups

Question 9

How is a business responsible to its stakeholders?

Accepted Answer

One responsibility of business is to sat

Question 10

__________ is the concern businesses have for the welfare of society.

Accepted Answer

A)  Corporate philanthropy 
B)  Corporate social responsibility 
C)  Corporate responsibility 
D)  Corporate policy 
A)  Corporate philanthropy 
B)  Corporate social responsibility 
C)  Corporate responsibility 
D)  Corporate policy

Question 11

One of the groups that serves as a watchdog regarding how well companies enforce their ethical and social responsibility policies are government employees.

Accepted Answer

A) True 
 B)False

Question 12

__________ define the organization's guiding values,create an environment that supports ethically sound behavior and stress a shared accountability among employees.

Accepted Answer

A)  Accountability-based ethics codes 
B)  Integrity-based ethics codes 
C)  Value-based ethics codes 
D)  Compliance-based ethics codes 
A)  Accountability-based ethics codes 
B)  Integrity-based ethics codes 
C)  Value-based ethics codes 
D)  Compliance-based ethics codes

Question 13

One of the components of the Sarbanes-Oxley Act is to set forth new penalties for boards of directors,accounting firms and management if inaccurate or fraudulent financial reporting is found.

Accepted Answer

A) True 
 B)False

Question 14

__________ refers to standards of moral behavior; that is,behavior that is accepted by society as right versus wrong.

Accepted Answer

The answer of __________ refers to standards of moral behavior;...

Question 15

The first step in ethical decision-making is to recognize an ethical issue.

Accepted Answer

A) True 
 B)False

Question 16

The first step in the ethical decision-making process for our personal lives is to

Accepted Answer

A)  Recognize an ethical issue 
B)  Get the facts 
C)  Act on your decision 
D)  Evaluate alternative actions 
A)  Recognize an ethical issue 
B)  Get the facts 
C)  Act on your decision 
D)  Evaluate alternative actions

Question 17

Measuring a company's performance in social audits is simple.

Accepted Answer

A) True 
 B)False

Question 18

The determinants used to judge the social performance of a company are set forth in Sarbanes-Oxley.

Accepted Answer

A) True 
 B)False

Question 19

Which of the following serves as a watchdog regarding how well companies enforce their ethical and social responsibility policies?

Accepted Answer

A)  Customers 
B)  Suppliers 
C)  Workers 
D)  Foreign investors 
A)  Customers 
B)  Suppliers 
C)  Workers 
D)  Foreign investors

Question 20

Which of the following statements about ethics is most true?

Accepted Answer

A)  Most Americans today have a strict moral code 
B)  There is a deep disagreement in society as to matters of right and wrong 
C)  Religion and culture are generally our sources of ethics 
D)  In a country like the U.S. it is impossible to identify common standards of ethical behavior 
A)  Most Americans today have a strict moral code 
B)  There is a deep disagreement in society as to matters of right and wrong 
C)  Religion and culture are generally our sources of ethics 
D)  In a country like the U.S. it is impossible to identify common standards of ethical behavior

There are five main sources of ethical standards: utilitarian,rights,fairness or justice,common good and virtue approaches.

Illegal means you could be fined or imprisoned by a court of law for engaging in a particular action.

Global moral and ethical standards are much stricter than in previous years.

Which of the following statements about personal ethics is most correct?

Compliance-based ethics codes define the organization's guiding values.

The Sarbanes-Oxley Act affects only the leaders of a business.

Which of the following companies was part of an ethical scandal?

__________ involve(s)insiders using private company information to further their own fortunes or those of their family and friends.

How is a business responsible to its stakeholders?

__________ is the concern businesses have for the welfare of society.

One of the groups that serves as a watchdog regarding how well companies enforce their ethical and social responsibility policies are government employees.

__________ define the organization's guiding values,create an environment that supports ethically sound behavior and stress a shared accountability among employees.

One of the components of the Sarbanes-Oxley Act is to set forth new penalties for boards of directors,accounting firms and management if inaccurate or fraudulent financial reporting is found.

__________ refers to standards of moral behavior; that is,behavior that is accepted by society as right versus wrong.

The first step in ethical decision-making is to recognize an ethical issue.

The first step in the ethical decision-making process for our personal lives is to

Measuring a company's performance in social audits is simple.

The determinants used to judge the social performance of a company are set forth in Sarbanes-Oxley.

Which of the following serves as a watchdog regarding how well companies enforce their ethical and social responsibility policies?

Which of the following statements about ethics is most true?

Introduction

Making Ethical Decisions and Managing a Socially Responsible Business

Competing in the Global Marketplace

Forms of Business Ownership

Entrepreneurship: Starting and Managing Your Own Business

Management and Leadership in Todays Organizations

Designing Organizational Structures

Managing Human Resources and Labor Relations

Motivating Employees

Achieving World-Class Operations Management

Creating Products and Pricing Strategies to Meet Customers Needs

Using Technology to Manage Information Lf-Test Scoring Guidelines

Filters

Exam 12: Distributing and Promoting Products and Services

There are five main sources of ethical standards: utilitarian,rights,fairness or justice,common good and virtue approaches.

Illegal means you could be fined or imprisoned by a court of law for engaging in a particular action.

Global moral and ethical standards are much stricter than in previous years.

Which of the following statements about personal ethics is most correct?

Compliance-based ethics codes define the organization's guiding values.

The Sarbanes-Oxley Act affects only the leaders of a business.

Which of the following companies was part of an ethical scandal?

__________ involve(s)insiders using private company information to further their own fortunes or those of their family and friends.

How is a business responsible to its stakeholders?

__________ is the concern businesses have for the welfare of society.

One of the groups that serves as a watchdog regarding how well companies enforce their ethical and social responsibility policies are government employees.

__________ define the organization's guiding values,create an environment that supports ethically sound behavior and stress a shared accountability among employees.

One of the components of the Sarbanes-Oxley Act is to set forth new penalties for boards of directors,accounting firms and management if inaccurate or fraudulent financial reporting is found.

__________ refers to standards of moral behavior; that is,behavior that is accepted by society as right versus wrong.

The first step in ethical decision-making is to recognize an ethical issue.

The first step in the ethical decision-making process for our personal lives is to

Measuring a company's performance in social audits is simple.

The determinants used to judge the social performance of a company are set forth in Sarbanes-Oxley.

Which of the following serves as a watchdog regarding how well companies enforce their ethical and social responsibility policies?

Which of the following statements about ethics is most true?

Introduction

Making Ethical Decisions and Managing a Socially Responsible Business

Competing in the Global Marketplace

Forms of Business Ownership

Entrepreneurship: Starting and Managing Your Own Business

Management and Leadership in Todays Organizations

Designing Organizational Structures

Managing Human Resources and Labor Relations

Motivating Employees

Achieving World-Class Operations Management

Creating Products and Pricing Strategies to Meet Customers Needs

Using Technology to Manage Information Lf-Test Scoring Guidelines

Filters