Question 1

The Dodd-Frank Wall Street Reform and Consumer Protection Act

Accepted Answer

A) was very popular among Wall Street bankers. 
B) represented only modest reform. 
C) came out of theological discussions in the 1920s. 
D) was designed to make the financial services industry more responsible. 
E) made it mandatory for public corporations to hire ethics officers. 
A) was very popular among Wall Street bankers. 
B) represented only modest reform. 
C) came out of theological discussions in the 1920s. 
D) was designed to make the financial services industry more responsible. 
E) made it mandatory for public corporations to hire ethics officers. D

Question 2

How does ethics contribute to customer satisfaction?

Accepted Answer

High levels of perceived corporate misconduct decreases customer trust.On the other hand,companies viewed as socially responsible increase customer trust and
satisfaction.The perceived ethicality of a firm is positively related to brand trust,emotional identification
with the brand,and brand loyalty.

Question 3

Which of the following was not a provision of the Sarbanes-Oxley Act?

Accepted Answer

A) It stiffened penalties for corporate fraud. 
B) It created an accounting oversight board that requires corporations to establish codes of ethics for financial reporting. 
C) It required top executives to sign off on their firms' financial statements. 
D) It outlawed bribery of officials in other countries. 
E) It made securities fraud a criminal offense. 
A) It stiffened penalties for corporate fraud. 
B) It created an accounting oversight board that requires corporations to establish codes of ethics for financial reporting. 
C) It required top executives to sign off on their firms' financial statements. 
D) It outlawed bribery of officials in other countries. 
E) It made securities fraud a criminal offense. D

Question 4

The six principles of the Defense Industry Initiative on Business Ethics and Conduct became the foundation for

Accepted Answer

A) Better Business Bureau ethical guidelines. 
B) the Federal Sentencing Guidelines for Organizations. 
C) the Ethical Trading Initiative. 
D) the Federal Trade Commission compliance requirements. 
E) the Sarbanes-Oxley Act. 
A) Better Business Bureau ethical guidelines. 
B) the Federal Sentencing Guidelines for Organizations. 
C) the Ethical Trading Initiative. 
D) the Federal Trade Commission compliance requirements. 
E) the Sarbanes-Oxley Act.

Question 5

The study of business ethics is important to better understand all of the following except

Accepted Answer

A) that a person's own moral philosophies and decision-making experience may not be sufficient to guide him or her in the business world. 
B) how and why people make ethical or unethical decisions. 
C) how to cope with conflicts between a person's own values and those of the organization in which he or she works. 
D) that business ethics is entirely an extension of an individual's own personal ethics. 
E) how to identify ethical issues arising in the business world. 
A) that a person's own moral philosophies and decision-making experience may not be sufficient to guide him or her in the business world. 
B) how and why people make ethical or unethical decisions. 
C) how to cope with conflicts between a person's own values and those of the organization in which he or she works. 
D) that business ethics is entirely an extension of an individual's own personal ethics. 
E) how to identify ethical issues arising in the business world.

Question 6

During the 1990s the institutionalization of business ethics was largely driven by which piece of legislation?

Accepted Answer

A) Sarbanes-Oxley Act 
B) Federal Sentencing Guidelines for Organizations 
C) Dodd-Frank Wall Street Reform and Consumer Protection Act 
D) Foreign Corrupt Practices Act 
E) Global Sullivan Principles 
A) Sarbanes-Oxley Act 
B) Federal Sentencing Guidelines for Organizations 
C) Dodd-Frank Wall Street Reform and Consumer Protection Act 
D) Foreign Corrupt Practices Act 
E) Global Sullivan Principles

Question 7

Which of the following is generally not considered a business ethics issue?

Accepted Answer

A) Harassment 
B) Accounting fraud 
C) Employee theft 
D) Misuse of organizational resources 
E) Corporate hierarchy 
A) Harassment 
B) Accounting fraud 
C) Employee theft 
D) Misuse of organizational resources 
E) Corporate hierarchy

Question 8

Which of the following is not one of the rights spelled out by John F.Kennedy in his "Consumers' Bill of Rights"?

Accepted Answer

A) The right to choose 
B) The right to safety 
C) The right to be informed 
D) The right to be ethical 
E) The right to be heard 
A) The right to choose 
B) The right to safety 
C) The right to be informed 
D) The right to be ethical 
E) The right to be heard

Question 9

is essential in building long-term relationships between businesses and consumers.

Accepted Answer

A) Profits 
B) Dividends 
C) Trust 
D) Hubris 
E) Codes of ethics 
A) Profits 
B) Dividends 
C) Trust 
D) Hubris 
E) Codes of ethics

Question 10

Discuss the current state of business ethics in the twenty-first century.

Accepted Answer

The twenty-first century ushered in a ne

Question 11

The Foreign Corrupt Practices Act outlawed

Accepted Answer

A) accounting fraud. 
B) price collusion. 
C) corruption in government. 
D) bribery of officials in other countries. 
E) executive misconduct. 
A) accounting fraud. 
B) price collusion. 
C) corruption in government. 
D) bribery of officials in other countries. 
E) executive misconduct.

Question 12

Social responsibility is

Accepted Answer

A) an organization's obligation to maximize its positive effects and minimize its negative effects on stakeholders. 
B) principles and standards that guide behavior in the world of business. 
C) a business's responsibility not to pollute the environment. 
D) a business's responsibility to manufacture products that function properly. 
E) charitable contributions made by a business to enhance its image. 
A) an organization's obligation to maximize its positive effects and minimize its negative effects on stakeholders. 
B) principles and standards that guide behavior in the world of business. 
C) a business's responsibility not to pollute the environment. 
D) a business's responsibility to manufacture products that function properly. 
E) charitable contributions made by a business to enhance its image.

Question 13

The Federal Sentencing Guidelines for Organizations set the tone for organizational ethics compliance programs by

Accepted Answer

A) codifying into law incentives for organizations to take action such as developing ethical compliance programs to prevent misconduct. 
B) forcing all organizations to develop mandatory reporting systems. 
C) eliminating most of the federal legislation that created inefficient and time-consuming activities for businesses. 
D) providing a study of moral philosophies. 
E) providing an examination of company codes of ethics. 
A) codifying into law incentives for organizations to take action such as developing ethical compliance programs to prevent misconduct. 
B) forcing all organizations to develop mandatory reporting systems. 
C) eliminating most of the federal legislation that created inefficient and time-consuming activities for businesses. 
D) providing a study of moral philosophies. 
E) providing an examination of company codes of ethics.

Question 14

According to the role of ethical culture in performance,all of these are drivers of profit except

Accepted Answer

A) trust. 
B) investor loyalty. 
C) employee commitment. 
D) customer satisfaction. 
E) opportunity for misconduct. 
A) trust. 
B) investor loyalty. 
C) employee commitment. 
D) customer satisfaction. 
E) opportunity for misconduct.

Question 15

Having acceptable personal ethics is probably not going to be sufficient to handle complex business ethical issues when an individual has

Accepted Answer

A) family concerns. 
B) an unethical boss. 
C) limited business experience. 
D) financial training. 
E) a marketing background. 
A) family concerns. 
B) an unethical boss. 
C) limited business experience. 
D) financial training. 
E) a marketing background.

Question 16

Ethical culture is defined as

Accepted Answer

A) rules,standards,and moral principles regarding what is right or wrong in specific situations. 
B) the establishment and enforcement of ethical codes throughout the organization. 
C) the development of rules and norms that are socially enforced. 
D) the codification of laws to reward organizations for taking action to prevent misconduct. 
E) acceptable behavior as defined by the company and industry. 
A) rules,standards,and moral principles regarding what is right or wrong in specific situations. 
B) the establishment and enforcement of ethical codes throughout the organization. 
C) the development of rules and norms that are socially enforced. 
D) the codification of laws to reward organizations for taking action to prevent misconduct. 
E) acceptable behavior as defined by the company and industry.

Question 17

Which represented a far-reaching change to organizational control and accounting systems,making securities fraud a criminal offense?

Accepted Answer

A) Council on Economic Priorities and Social Accountability 8000. 
B) Sarbanes-Oxley Act. 
C) Consumer Protection Act. 
D) Defense Industry Initiative on Business Ethics and Conduct. 
E) Dodd-Frank Wall Street Reform and Consumer Protection Act. 
A) Council on Economic Priorities and Social Accountability 8000. 
B) Sarbanes-Oxley Act. 
C) Consumer Protection Act. 
D) Defense Industry Initiative on Business Ethics and Conduct. 
E) Dodd-Frank Wall Street Reform and Consumer Protection Act.

Question 18

One of the major ethical issues President Obama's administration focused on was

Accepted Answer

A) decreasing environmental legislation. 
B) deregulation. 
C) tax decreases. 
D) incentives to oil companies. 
E) health care and consumer protection. 
A) decreasing environmental legislation. 
B) deregulation. 
C) tax decreases. 
D) incentives to oil companies. 
E) health care and consumer protection.

Question 19

How do values and judgments play a critical role when we make ethical decisions?

Accepted Answer

One difference between an ordinary decis

Question 20

Which of the following is not cited as an example of a global collaborative effort to establish standards of business conduct?

Accepted Answer

A) Council on Economic Priorities' Social Accountability 8000 
B) Ethical Trading Initiative 
C) U.S.Apparel Industry Partnership 
D) United States Sentencing Commission 
E) World Trade Organization 
A) Council on Economic Priorities' Social Accountability 8000 
B) Ethical Trading Initiative 
C) U.S.Apparel Industry Partnership 
D) United States Sentencing Commission 
E) World Trade Organization

The Dodd-Frank Wall Street Reform and Consumer Protection Act

How does ethics contribute to customer satisfaction?

Which of the following was not a provision of the Sarbanes-Oxley Act?

The six principles of the Defense Industry Initiative on Business Ethics and Conduct became the foundation for

The study of business ethics is important to better understand all of the following except

During the 1990s the institutionalization of business ethics was largely driven by which piece of legislation?

Which of the following is generally not considered a business ethics issue?

Which of the following is not one of the rights spelled out by John F.Kennedy in his "Consumers' Bill of Rights"?

is essential in building long-term relationships between businesses and consumers.

Discuss the current state of business ethics in the twenty-first century.

The Foreign Corrupt Practices Act outlawed

Social responsibility is

The Federal Sentencing Guidelines for Organizations set the tone for organizational ethics compliance programs by

According to the role of ethical culture in performance,all of these are drivers of profit except

Having acceptable personal ethics is probably not going to be sufficient to handle complex business ethical issues when an individual has

Ethical culture is defined as

Which represented a far-reaching change to organizational control and accounting systems,making securities fraud a criminal offense?

One of the major ethical issues President Obama's administration focused on was

How do values and judgments play a critical role when we make ethical decisions?

Which of the following is not cited as an example of a global collaborative effort to establish standards of business conduct?

The Importance of Business Ethics

Stakeholder Relationships, Social Responsibility, and Corporate Governance

Emerging Business Ethics Issues

The Institutionalization of Business Ethics

Ethical Decision Making

Individual Factors: Moral Philosophies and Values

Organizational Factors: the Role of Ethical Culture and Relationships

Developing an Effective Ethics Program

Managing and Controlling Ethics Programs

Globalization of Ethical Decision-Making

Ethical Leadership

Sustainability: Ethical and Social Responsibility Dimensions

Filters

Exam 13: Exploring Business Ethics, Social Responsibility, and Compliance Programs

The Dodd-Frank Wall Street Reform and Consumer Protection Act

How does ethics contribute to customer satisfaction?

Which of the following was not a provision of the Sarbanes-Oxley Act?

The six principles of the Defense Industry Initiative on Business Ethics and Conduct became the foundation for

The study of business ethics is important to better understand all of the following except

During the 1990s the institutionalization of business ethics was largely driven by which piece of legislation?

Which of the following is generally not considered a business ethics issue?

Which of the following is not one of the rights spelled out by John F.Kennedy in his "Consumers' Bill of Rights"?

is essential in building long-term relationships between businesses and consumers.

Discuss the current state of business ethics in the twenty-first century.

The Foreign Corrupt Practices Act outlawed

Social responsibility is

The Federal Sentencing Guidelines for Organizations set the tone for organizational ethics compliance programs by

According to the role of ethical culture in performance,all of these are drivers of profit except

Having acceptable personal ethics is probably not going to be sufficient to handle complex business ethical issues when an individual has

Ethical culture is defined as

Which represented a far-reaching change to organizational control and accounting systems,making securities fraud a criminal offense?

One of the major ethical issues President Obama's administration focused on was

How do values and judgments play a critical role when we make ethical decisions?

Which of the following is not cited as an example of a global collaborative effort to establish standards of business conduct?

The Importance of Business Ethics

Stakeholder Relationships, Social Responsibility, and Corporate Governance

Emerging Business Ethics Issues

The Institutionalization of Business Ethics

Ethical Decision Making

Individual Factors: Moral Philosophies and Values

Organizational Factors: the Role of Ethical Culture and Relationships

Developing an Effective Ethics Program

Managing and Controlling Ethics Programs

Globalization of Ethical Decision-Making

Ethical Leadership

Sustainability: Ethical and Social Responsibility Dimensions

Filters