TEST BANK
Business Ethics
ST
Stephen Byars, Kurt Stanberry
UV
────────────────────────────────────────────────────
1st Edition
IA
?_
AP
PR
TEST BANK
OV
ED
??
, TABLE OF CONTENTS
Test Bank: Business Ethics, 1st Edition
By Stephen Byars and Kurt Stanberry
ST
CHAPTER 1 Why Ethics Matter
CHAPTER 2 Ethics from Antiquity to the Present
UV
CHAPTER 3 Defining and Prioritizing Stakeholders
CHAPTER 4 Three Special Stakeholders: Society, the Environment, and Government
CHAPTER 5 The Impact of Culture and Time on Business Ethics
CHAPTER 6 What Employers Owe Employees
IA
CHAPTER 7 What Employees Owe Employers
CHAPTER 8 Recognizing and Respecting the Rights of All
?_
CHAPTER 9 Professions under the Microscope
CHAPTER 10 Changing Work Environments and Future Trends
CHAPTER 11 Epilogue: Why Ethics Still Matter
AP
PR
OV
ED
??
, Test Bank for Business Ethics 1st Edition By Stephen Byars, Kurt Stanberry et al
OpenStax Business Ethics Test Bank
Chapter 1: Why Ethics Matters
Chapter 1: Why Ethics Matters
* = Correct answer
ST
Multiple Choice/Fill in the Blank
1. Which of the following is the best description for what it means to be a professional of
integrity?
UV
A. following the investment style of Warren Buffet
B. thinking long term when investing
C. having an ethical mindset in business*
D. ensuring employee happiness
Difficulty: Easy
IA
Blooms: Understand
AACSB: Ethics, Reflection, Diversity
2. Which of the following companies is considered ethical, according to the chapter?
?_
A. Samsung
B. Kia
C. Au Bon Pain
D. Marriott*
AP
Difficulty: Moderate
Blooms: Application
AACSB: Ethics, Diversity, Real-world
PR
3. What is the golden mean?
A. treating every person the same
B. the aim of ethical behavior
C. a middle ground value between deficiency and excess*
D. justice as fairness
OV
Difficulty: Moderate
Blooms: Analyze
AACSB: Ethics, Analytical, Application
4. Which of the following is an example of demonstrating ethical standards?
ED
A. eudaimonia
B. consequentialism*
C. junzi
D. categorical imperative
??
Difficulty: Moderate
Blooms: Remember, Understand
AACSB: Application
Page 1 of 13
, Test Bank for Business Ethics 1st Edition By Stephen Byars, Kurt Stanberry et al
OpenStax Business Ethics Test Bank
Chapter 1: Why Ethics Matters
5. What is ethics?
A. standards of behavior for professional and personal lives*
ST
B. standards of behavior for business only
C. someone who is acting empathetic
D. setting norms for ways one interacts only with coworkers
Difficulty: Moderate
UV
Blooms: Understand
AACSB: Ethics
6. Why do businesses care about ethics?
A. to gain greater wealth and power
B. to follow fiduciary duty
IA
C. to uphold honorable standards of behavior*
D. to receive status and recognition
Difficulty: Moderate
?_
Blooms: Analyze
AACSB: Ethics, Analytical
7. Which of the following best describes the role of ethics in a business environment?
AP
A. guiding the conduct by which companies abide by the law
B. respecting the right of shareholders
C. guiding the conduct by which companies and their agents abide by the law*
D. respecting the community
PR
Difficulty: Moderate
Blooms: Evaluate
AACSB: Reflection, Real-world
8. Are ethical and legal responsibilities the same?
OV
A. Yes, they are the same standards of behavior and must be followed.
B. No, legal standards are necessary for a properly functioning society, and ethics deals with
voluntary business conduct in accordance with laws, statutes, regulations, and policies.*
C. No, because law is always superior to ethics.
D. Yes, because companies have duties of legal and ethical responsibility to assert right or
wrong.
ED
Difficulty: Difficult
Blooms: Apply
AACSB: Ethics, Analytical, Application
??
9. How does Patagonia exemplify ethics?
A. being a market leader in outdoor gear
B. caring about its employees by giving them a large discount for friends and family
Page 2 of 13
Business Ethics
ST
Stephen Byars, Kurt Stanberry
UV
────────────────────────────────────────────────────
1st Edition
IA
?_
AP
PR
TEST BANK
OV
ED
??
, TABLE OF CONTENTS
Test Bank: Business Ethics, 1st Edition
By Stephen Byars and Kurt Stanberry
ST
CHAPTER 1 Why Ethics Matter
CHAPTER 2 Ethics from Antiquity to the Present
UV
CHAPTER 3 Defining and Prioritizing Stakeholders
CHAPTER 4 Three Special Stakeholders: Society, the Environment, and Government
CHAPTER 5 The Impact of Culture and Time on Business Ethics
CHAPTER 6 What Employers Owe Employees
IA
CHAPTER 7 What Employees Owe Employers
CHAPTER 8 Recognizing and Respecting the Rights of All
?_
CHAPTER 9 Professions under the Microscope
CHAPTER 10 Changing Work Environments and Future Trends
CHAPTER 11 Epilogue: Why Ethics Still Matter
AP
PR
OV
ED
??
, Test Bank for Business Ethics 1st Edition By Stephen Byars, Kurt Stanberry et al
OpenStax Business Ethics Test Bank
Chapter 1: Why Ethics Matters
Chapter 1: Why Ethics Matters
* = Correct answer
ST
Multiple Choice/Fill in the Blank
1. Which of the following is the best description for what it means to be a professional of
integrity?
UV
A. following the investment style of Warren Buffet
B. thinking long term when investing
C. having an ethical mindset in business*
D. ensuring employee happiness
Difficulty: Easy
IA
Blooms: Understand
AACSB: Ethics, Reflection, Diversity
2. Which of the following companies is considered ethical, according to the chapter?
?_
A. Samsung
B. Kia
C. Au Bon Pain
D. Marriott*
AP
Difficulty: Moderate
Blooms: Application
AACSB: Ethics, Diversity, Real-world
PR
3. What is the golden mean?
A. treating every person the same
B. the aim of ethical behavior
C. a middle ground value between deficiency and excess*
D. justice as fairness
OV
Difficulty: Moderate
Blooms: Analyze
AACSB: Ethics, Analytical, Application
4. Which of the following is an example of demonstrating ethical standards?
ED
A. eudaimonia
B. consequentialism*
C. junzi
D. categorical imperative
??
Difficulty: Moderate
Blooms: Remember, Understand
AACSB: Application
Page 1 of 13
, Test Bank for Business Ethics 1st Edition By Stephen Byars, Kurt Stanberry et al
OpenStax Business Ethics Test Bank
Chapter 1: Why Ethics Matters
5. What is ethics?
A. standards of behavior for professional and personal lives*
ST
B. standards of behavior for business only
C. someone who is acting empathetic
D. setting norms for ways one interacts only with coworkers
Difficulty: Moderate
UV
Blooms: Understand
AACSB: Ethics
6. Why do businesses care about ethics?
A. to gain greater wealth and power
B. to follow fiduciary duty
IA
C. to uphold honorable standards of behavior*
D. to receive status and recognition
Difficulty: Moderate
?_
Blooms: Analyze
AACSB: Ethics, Analytical
7. Which of the following best describes the role of ethics in a business environment?
AP
A. guiding the conduct by which companies abide by the law
B. respecting the right of shareholders
C. guiding the conduct by which companies and their agents abide by the law*
D. respecting the community
PR
Difficulty: Moderate
Blooms: Evaluate
AACSB: Reflection, Real-world
8. Are ethical and legal responsibilities the same?
OV
A. Yes, they are the same standards of behavior and must be followed.
B. No, legal standards are necessary for a properly functioning society, and ethics deals with
voluntary business conduct in accordance with laws, statutes, regulations, and policies.*
C. No, because law is always superior to ethics.
D. Yes, because companies have duties of legal and ethical responsibility to assert right or
wrong.
ED
Difficulty: Difficult
Blooms: Apply
AACSB: Ethics, Analytical, Application
??
9. How does Patagonia exemplify ethics?
A. being a market leader in outdoor gear
B. caring about its employees by giving them a large discount for friends and family
Page 2 of 13
