Question 1

Activities such as skimming (cash is stolen from the company before the cash is recorded), billing (submission of fictitious invoices to the company) are examples of

Accepted Answer

A) Occupational Fraud 
B) Misappropriation of assets 
C) Burglary 
D) All of the above 
E) None of the Above

Question 2

Which country is most likely to have more prevelent unethical behavior?

Accepted Answer

A) Mexico 
B) Denmark 
C) Finland 
D) Sweden 
E) All of the above

Question 3

Job conditions that are considered normal in a manufacturing country but is in conflict with labor standards in the United States is an example of:

Accepted Answer

A) Cultural clash 
B) Outsourcing conflict 
C) Ethical dilemma 
D) All of the above 
E) some other answer

Question 4

Which of the following is a situation that has no right or wrong answer?

Accepted Answer

A) Corporate social responsibility 
B) Business ethics 
C) Ethical dilemma 
D) Stakeholder Theory 
E) None of the above

Question 5

What is the purpose of the Ethics and Compliance Initiative (ECI)?

Accepted Answer

A) Provide an indication of the degree of corruption in the public sector 
B) Brings together business ethics practitioners as well as business ethics scholars to promote business ethics 
C) Determine what is legally ethical and enforce it in law 
D) All of the above 
E) None of the above

Question 6

Which of the following can benefit from good company ethics:

Accepted Answer

A) Employees 
B) Customers 
C) Suppliers 
D) Investors 
E) All of the above

Question 7

The view that shareholders have a right to control and earn profits represents which business ethics approach

Accepted Answer

A) Corporate social responsibility 
B) Occupational fraud 
C) Stakeholder theory 
D) Stockholder theory 
E) None of the Above

Question 8

Tyson has committed its brand to efforts to relieve and ultimately end childhood hunger, and in the past few years been integrating social media into its hunger relief efforts. This an example of

Accepted Answer

A) Social engineering 
B) Corporate social responsibility 
C) Social responsibility 
D) Global awareness 
E) All of the above

Question 9

Which country is least likely to have instances of unethical behavior

Accepted Answer

A) Canada 
B) China 
C) India 
D) Russia 
E) Mexico

Question 10

This represents a strategic approach to managing ethics in an organization

Accepted Answer

A) Strategic Business Ethics Insight 
B) Corporate social responsibility 
C) Social responsibility 
D) Code of conducts 
E) All of the above

Question 11

Fraud in the U.S. gained attention after the unethical acts by which of the following companies?

Accepted Answer

A) Enron 
B) WorldCom 
C) Arthur Andersen 
D) None of the Above 
E) All of the above

Question 12

Benefits of acting ethically include:

Accepted Answer

A) Loyal customers 
B) Stronger financial performance 
C) Committed employees 
D) All of the Above 
E) None of the Above

Question 13

Which of the following are accurate about the Corruption Perception Index?

Accepted Answer

A) No country can get a perfect score 
B) It is on a scale form 1-100, with 100 being the best obtainable score 
C) Most contries fall below 50 points 
D) None of the Above 
E) All of the above

Exam 1: Introduction to Business Ethics

Activities such as skimming (cash is stolen from the company before the cash is recorded) , billing (submission of fictitious invoices to the company) are examples of