Question 1

The moral values and behavioral standards business people employ daily when making decisions and solving problems are known as:

Accepted Answer

A) social responsibility. 
B) business ethics. 
C) the corporate culture. 
D) the company policies and procedures. 
A) social responsibility. 
B) business ethics. 
C) the corporate culture. 
D) the company policies and procedures.

Question 2

Stakeholders are the individuals and groups affected by a decision.

Accepted Answer

A) True 
 B)False

Question 3

Entrepreneurs must create an environment in which all types of workers-men,women,Hispanic,African American,white,disabled,homosexual,elderly,and others-can flourish and can give top performances to their companies.

Accepted Answer

A) True 
 B)False

Question 4

Businesses have a responsibility to the communities in which they operate,according to your authors.

Accepted Answer

A) True 
 B)False

Question 5

The management of diversity will require ongoing adjustments of your company to your workers.

Accepted Answer

A) True 
 B)False

Question 6

The Audi 5000 sedan was reported to have sudden,violent acceleration when the transmission was put into drive.Audi first blamed the condition on drivers who didn't know how to operate the transmission,but later was forced to recall the sedan and correct the transmission problem.Audi violated which area of responsibility businesses have to their customers?

Accepted Answer

A) dependable packaging 
B) product safety and quality 
C) truthful advertising 
D) investor confidence 
A) dependable packaging 
B) product safety and quality 
C) truthful advertising 
D) investor confidence

Question 7

When it comes to monitoring electronic communication,especially e-mail:

Accepted Answer

A) 80% of all organizations read employees' e-mail. 
B) supervisors may not read employees' e-mail without cause. 
C) only 15% of all companies have policies governing the use of e-mail. 
D) most employees don't know employers may read their e-mail without permission. 
A) 80% of all organizations read employees' e-mail. 
B) supervisors may not read employees' e-mail without cause. 
C) only 15% of all companies have policies governing the use of e-mail. 
D) most employees don't know employers may read their e-mail without permission.

Question 8

Choose the option that offers the greatest good for the greatest number of people is an example of:

Accepted Answer

A) the professional ethic. 
B) the utilitarian principle. 
C) Kant's categorical imperative. 
D) the professional ethic 
A) the professional ethic. 
B) the utilitarian principle. 
C) Kant's categorical imperative. 
D) the professional ethic

Question 9

Most small business owners know exactly what their legal obligations are to employees with AIDS.

Accepted Answer

A) True 
 B)False

Question 10

If a company has a written code of ethics and provides clear instructions to employees,two-way communication is unimportant in maintaining ethical standards.

Accepted Answer

A) True 
 B)False

Question 11

Social responsibility is the awareness by a company's managers of the social,environmental,political,human,and financial consequences their actions produce.

Accepted Answer

A) True 
 B)False

Question 12

Business ethics consist of:

Accepted Answer

A) the legal state that is embodied in the employment manual and policy and procedures. 
B) the fundamental moral values and behavioral standards that form the foundation for the people of an organization as they make decisions and interact with stakeholders. 
C) the fundamental moral values and behaviors specifically for employees only. 
D) None of the above 
A) the legal state that is embodied in the employment manual and policy and procedures. 
B) the fundamental moral values and behavioral standards that form the foundation for the people of an organization as they make decisions and interact with stakeholders. 
C) the fundamental moral values and behaviors specifically for employees only. 
D) None of the above

Question 13

________ are the various groups and individuals who affect and are affected by a business

Accepted Answer

A) Consequentialists 
B) Workers 
C) Stakeholders 
D) Objectivists 
A) Consequentialists 
B) Workers 
C) Stakeholders 
D) Objectivists

Question 14

Your authors suggest a four-step process for developing an ethical framework.Identify and explain each of the four steps.

Accepted Answer

1)Recognize the ethical dimensions invol

Question 15

Ricardo disapproves of an advertising campaign featuring scantily clad models in suggestive poses with his company's product.Ricardo is practicing ________ ethical management.

Accepted Answer

A) immoral 
B) amoral 
C) moral 
D) socially irresponsible 
A) immoral 
B) amoral 
C) moral 
D) socially irresponsible

Question 16

The practice of moral management by the small business generally results in:

Accepted Answer

A) a stronger competitive position. 
B) a weaker competitive position. 
C) increased governmental scrutiny of the company's business practices. 
D) lower operating costs and increased employee satisfaction. 
A) a stronger competitive position. 
B) a weaker competitive position. 
C) increased governmental scrutiny of the company's business practices. 
D) lower operating costs and increased employee satisfaction.

Question 17

A ________ is one in which continuing unwelcome sexual conduct in the workplace interferes with an employee's work performance.

Accepted Answer

A) hostile environment 
B) illegal environment. 
C) sexual environment 
D) None of the above 
A) hostile environment 
B) illegal environment. 
C) sexual environment 
D) None of the above

Question 18

In the recent Supreme Court ruling in Burlington Industries vs.Ellerth,the court held:

Accepted Answer

A) employers were no longer liable for third-party sexual harassment. 
B) there does not have to be a superior-subordinate relationship for harassment to occur. 
C) complainants must prove intent to harass on the part of the harasser. 
D) employers are automatically liable if supervisors take tangible employment action toward the person they are harassing. 
A) employers were no longer liable for third-party sexual harassment. 
B) there does not have to be a superior-subordinate relationship for harassment to occur. 
C) complainants must prove intent to harass on the part of the harasser. 
D) employers are automatically liable if supervisors take tangible employment action toward the person they are harassing.

Question 19

What can the small business owner do to develop an effective drug prevention program?

Accepted Answer

An effective,proactive drug program shou

Question 20

A number of things can be done in order to integrate ethical principles into a company,such as:

Accepted Answer

A) limiting diversity in their hiring. 
B) establishing a legalistic and rigid set of rules and ensuring obedience to them. 
C) creating a one-way communication culture,clearly communicating expectations. 
D) the conduct of top managers setting impeccable ethical examples. 
A) limiting diversity in their hiring. 
B) establishing a legalistic and rigid set of rules and ensuring obedience to them. 
C) creating a one-way communication culture,clearly communicating expectations. 
D) the conduct of top managers setting impeccable ethical examples.

Exam 21: Ethics and Social Responsibility: Doing the Right Thing

The moral values and behavioral standards business people employ daily when making decisions and solving problems are known as:

Stakeholders are the individuals and groups affected by a decision.

Entrepreneurs must create an environment in which all types of workers-men,women,Hispanic,African American,white,disabled,homosexual,elderly,and others-can flourish and can give top performances to their companies.

Businesses have a responsibility to the communities in which they operate,according to your authors.

The management of diversity will require ongoing adjustments of your company to your workers.

When it comes to monitoring electronic communication,especially e-mail:

Choose the option that offers the greatest good for the greatest number of people is an example of:

Most small business owners know exactly what their legal obligations are to employees with AIDS.

If a company has a written code of ethics and provides clear instructions to employees,two-way communication is unimportant in maintaining ethical standards.

Social responsibility is the awareness by a company's managers of the social,environmental,political,human,and financial consequences their actions produce.

Business ethics consist of:

________ are the various groups and individuals who affect and are affected by a business

Your authors suggest a four-step process for developing an ethical framework.Identify and explain each of the four steps.

Ricardo disapproves of an advertising campaign featuring scantily clad models in suggestive poses with his company's product.Ricardo is practicing ________ ethical management.

The practice of moral management by the small business generally results in:

A ________ is one in which continuing unwelcome sexual conduct in the workplace interferes with an employee's work performance.

In the recent Supreme Court ruling in Burlington Industries vs.Ellerth,the court held:

What can the small business owner do to develop an effective drug prevention program?

A number of things can be done in order to integrate ethical principles into a company,such as:

Entrepreneurs: the Driving Force Behind Small Business

Strategic Management and the Entrepreneur

Choosing a Form of Ownership

Franchising and the Entrepreneur

Buying an Existing Business

Conducting a Feasibility Analysis and Crafting a Winning Business Plan

Creating a Solid Financial Plan

Managing Cash Flow

Building a Guerrilla Marketing Plan

Creative Use of Advertising and Promotion

Pricing and Credit Strategies

Global Marketing Strategies

E-Commerce and Entrepreneurship

Sources of Equity Financing

Sources of Debt Financing

Location,layout,and Physical Facilities

Supply Chain Management

Managing Inventory

Staffing and Leading a Growing Company

Management Succession and Risk Management Strategies in the Family Business

The Legal Environment: Business Law and Government Regulation

Filters