Question 1

Principles are

Accepted Answer

A) laws and regulations that guide behavior in the world of business. 
B) mores,values,and customs that guide behavior in general. 
C) specific and pervasive boundaries for behavior that are universal and absolute. 
D) the obligations businesses assume to maximize their positive impact and minimize their negative impact on stakeholders. 
E) the mores,values,and customs that parents teach their children. 
A) laws and regulations that guide behavior in the world of business. 
B) mores,values,and customs that guide behavior in general. 
C) specific and pervasive boundaries for behavior that are universal and absolute. 
D) the obligations businesses assume to maximize their positive impact and minimize their negative impact on stakeholders. 
E) the mores,values,and customs that parents teach their children.

Question 2

Which of the following is not one of the benefits of being ethical and socially responsible in business?

Accepted Answer

A) Greater employee commitment 
B) A high degree of employee dissent 
C) Improved customer trust and satisfaction 
D) Increased investor loyalty 
E) Better financial performance 
A) Greater employee commitment 
B) A high degree of employee dissent 
C) Improved customer trust and satisfaction 
D) Increased investor loyalty 
E) Better financial performance

Question 3

We all learn values from sources such as family,religion,and school.Why might these sources of individual values not prove very helpful when making complex business decisions?

Accepted Answer

An individual's personal moral values ar

Question 4

Why is it important that businesspeople study business ethics?

Accepted Answer

Studying business ethics is important fo

Question 5

Which of the following was developed in the 1980s to guide corporate support for ethical conduct by establishing a method for discussing best practices?

Accepted Answer

A) Federal Sentencing Guidelines for Organizations 
B) Defense Industry Initiative on Business Ethics and Conduct 
C) Corporate codes of conduct 
D) United States Sentencing Commission 
E) MERCOSUR 
A) Federal Sentencing Guidelines for Organizations 
B) Defense Industry Initiative on Business Ethics and Conduct 
C) Corporate codes of conduct 
D) United States Sentencing Commission 
E) MERCOSUR

Question 6

Investors are concerned about business ethics because they know that misconduct can

Accepted Answer

A) foster stability. 
B) improve employee commitment. 
C) improve customer loyalty. 
D) lower stock value and prices. 
E) complicate business financial reporting. 
A) foster stability. 
B) improve employee commitment. 
C) improve customer loyalty. 
D) lower stock value and prices. 
E) complicate business financial reporting.

Question 7

Which of the following statements about the Federal Sentencing Guidelines for Organizations is false?

Accepted Answer

A) They use a routine mechanical approach that forces all firms to use the same means to avert serious penalties. 
B) They strive to prevent misconduct. 
C) They encourage companies to develop standards and procedures capable of detecting and preventing misconduct. 
D) They utilize a carrot and stick approach by taking preventive action against misconduct. 
E) They encourage the appointment of high-level personnel responsible for oversight of the compliance program. 
A) They use a routine mechanical approach that forces all firms to use the same means to avert serious penalties. 
B) They strive to prevent misconduct. 
C) They encourage companies to develop standards and procedures capable of detecting and preventing misconduct. 
D) They utilize a carrot and stick approach by taking preventive action against misconduct. 
E) They encourage the appointment of high-level personnel responsible for oversight of the compliance program.

Question 8

The 1960s saw a rise of consumerism.What is consumerism?

Accepted Answer

A) An increase in consumer rights by organizations and governments 
B) The growth of international retail chain stores 
C) Activities undertaken by independent individuals,and groups to protect their rights as consumers 
D) The widespread adoption of consumer oriented marketing strategies among businesses 
E) Organizations' tendency to seek ways to take advantage of consumers 
A) An increase in consumer rights by organizations and governments 
B) The growth of international retail chain stores 
C) Activities undertaken by independent individuals,and groups to protect their rights as consumers 
D) The widespread adoption of consumer oriented marketing strategies among businesses 
E) Organizations' tendency to seek ways to take advantage of consumers

Question 9

Employees feel less pressure to compromise ethically,observe less misconduct,are more satisfied with their organizations,and feel more valued when

Accepted Answer

A) they are new at their jobs. 
B) they are paid to ignore problems in the workplace. 
C) they do not agree with an organization's values. 
D) they have very high compensation. 
E) they see honesty,respect,and trust applied in the workplace. 
A) they are new at their jobs. 
B) they are paid to ignore problems in the workplace. 
C) they do not agree with an organization's values. 
D) they have very high compensation. 
E) they see honesty,respect,and trust applied in the workplace.

Question 10

Ethics is a part of decision making

Accepted Answer

A) at all levels of work and management. 
B) primarily at the upper management levels of an organization. 
C) mostly for policy makers. 
D) that is less important than other decision making processes. 
E) only at that lower levels of organizational management. 
A) at all levels of work and management. 
B) primarily at the upper management levels of an organization. 
C) mostly for policy makers. 
D) that is less important than other decision making processes. 
E) only at that lower levels of organizational management.

Question 11

More than a compliance program,business ethics is becoming

Accepted Answer

A) a management issue to achieve competitive advantage. 
B) less accepted by society. 
C) mainly a government regulatory issue. 
D) an initiative led by nonprofit organizations. 
E) a program that decreases profits but increases societal benefits. 
A) a management issue to achieve competitive advantage. 
B) less accepted by society. 
C) mainly a government regulatory issue. 
D) an initiative led by nonprofit organizations. 
E) a program that decreases profits but increases societal benefits.

Question 12

Which of the following is not something a firm might do to encourage organizational ethics and compliance?

Accepted Answer

A) Employee ethics training 
B) Hiring a compliance officer 
C) Ignoring potential ethical issues 
D) Writing a code of ethics 
E) Conducting an ethics and compliance audit. 
A) Employee ethics training 
B) Hiring a compliance officer 
C) Ignoring potential ethical issues 
D) Writing a code of ethics 
E) Conducting an ethics and compliance audit.

Question 13

Most organizations with strong ethical climates usually focus on the core value of placing interests first.

Accepted Answer

A) customers' 
B) employees' 
C) stockholders' 
D) suppliers' 
E) distributors' 
A) customers' 
B) employees' 
C) stockholders' 
D) suppliers' 
E) distributors'

Question 14

Employees' perceptions of their firm as having an ethical climate leads to

Accepted Answer

A) lack of focus on goals. 
B) greater focus on education. 
C) increased community involvement. 
D) improved relationships with competitors. 
E) enhanced performance. 
A) lack of focus on goals. 
B) greater focus on education. 
C) increased community involvement. 
D) improved relationships with competitors. 
E) enhanced performance.

Question 15

Discuss the evolution of business ethics as a field of study from before 1960 to the present.

Accepted Answer

The study of business ethics evolved thr

Question 16

In the Reagan/Bush eras,the major focus of the business world was on

Accepted Answer

A) self-regulation rather than regulation by government. 
B) decreasing the number of mergers. 
C) decreasing the multinational presence in the U.S.marketplace. 
D) increasing government influence on the economic arena. 
E) improving business ethics. 
A) self-regulation rather than regulation by government. 
B) decreasing the number of mergers. 
C) decreasing the multinational presence in the U.S.marketplace. 
D) increasing government influence on the economic arena. 
E) improving business ethics.

Question 17

Business ethics,as a field,has passed through which of the following states?

Accepted Answer

A) A field of study to theological discussion to recognition of social issues 
B) Recognition of social issues to a field of study to theological discussion 
C) A field of study to recognition of social issues to theological discussion 
D) Recognition of social issues to theological discussion to a field of study 
E) Theological discussion to recognition of social issues to a field of study 
A) A field of study to theological discussion to recognition of social issues 
B) Recognition of social issues to a field of study to theological discussion 
C) A field of study to recognition of social issues to theological discussion 
D) Recognition of social issues to theological discussion to a field of study 
E) Theological discussion to recognition of social issues to a field of study

Question 18

The term business ethics is best described by the following statement:

Accepted Answer

A) It is the study and philosophy of human conduct,with an emphasis on determining right and wrong. 
B) It is an "inquiry into the nature and grounds of morality where the term morality is taken to mean moral judgments,standards and rules of conduct." 
C) It is the "study of the general nature of morals and of specific moral choices;moral philosophy;and the rules or standards governing the conduct of the members of a profession." 
D) It is an organization's obligation to maximize its positive effects and minimize its negative effects on stakeholders. 
E) It comprises the principles,values,and standards that guide behavior in the world of business. 
A) It is the study and philosophy of human conduct,with an emphasis on determining right and wrong. 
B) It is an "inquiry into the nature and grounds of morality where the term morality is taken to mean moral judgments,standards and rules of conduct." 
C) It is the "study of the general nature of morals and of specific moral choices;moral philosophy;and the rules or standards governing the conduct of the members of a profession." 
D) It is an organization's obligation to maximize its positive effects and minimize its negative effects on stakeholders. 
E) It comprises the principles,values,and standards that guide behavior in the world of business.

Principles are

Which of the following is not one of the benefits of being ethical and socially responsible in business?

We all learn values from sources such as family,religion,and school.Why might these sources of individual values not prove very helpful when making complex business decisions?

Why is it important that businesspeople study business ethics?

Which of the following was developed in the 1980s to guide corporate support for ethical conduct by establishing a method for discussing best practices?

Investors are concerned about business ethics because they know that misconduct can

Which of the following statements about the Federal Sentencing Guidelines for Organizations is false?

The 1960s saw a rise of consumerism.What is consumerism?

Employees feel less pressure to compromise ethically,observe less misconduct,are more satisfied with their organizations,and feel more valued when

Ethics is a part of decision making

More than a compliance program,business ethics is becoming

Which of the following is not something a firm might do to encourage organizational ethics and compliance?

Most organizations with strong ethical climates usually focus on the core value of placing interests first.

Employees' perceptions of their firm as having an ethical climate leads to

Discuss the evolution of business ethics as a field of study from before 1960 to the present.

In the Reagan/Bush eras,the major focus of the business world was on

Business ethics,as a field,has passed through which of the following states?

The term business ethics is best described by the following statement:

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

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

Principles are

Which of the following is not one of the benefits of being ethical and socially responsible in business?

We all learn values from sources such as family,religion,and school.Why might these sources of individual values not prove very helpful when making complex business decisions?

Why is it important that businesspeople study business ethics?

Which of the following was developed in the 1980s to guide corporate support for ethical conduct by establishing a method for discussing best practices?

Investors are concerned about business ethics because they know that misconduct can

Which of the following statements about the Federal Sentencing Guidelines for Organizations is false?

The 1960s saw a rise of consumerism.What is consumerism?

Employees feel less pressure to compromise ethically,observe less misconduct,are more satisfied with their organizations,and feel more valued when

Ethics is a part of decision making

More than a compliance program,business ethics is becoming

Which of the following is not something a firm might do to encourage organizational ethics and compliance?

Most organizations with strong ethical climates usually focus on the core value of placing interests first.

Employees' perceptions of their firm as having an ethical climate leads to

Discuss the evolution of business ethics as a field of study from before 1960 to the present.

In the Reagan/Bush eras,the major focus of the business world was on

Business ethics,as a field,has passed through which of the following states?

The term business ethics is best described by the following statement:

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