Test Bank for Business Ethics Contemporary Issues and Cases 1st Edition By Richard Spinello
Test Bank for Business Ethics
Contemporary Issues and
Cases 1st Edition By Richard
Spinello
(All Chapters 1-15, 100%
Original Verified, A+ Grade)
This is The Only Original and
Complete Test Bank for 1st
Edition, All Other Files in The
Market are Fake/Old/Wrong
Edition.
Test Bank for Business Ethics Contemporary Issues and Cases 1st Edition By Richard Spinello
, Test Bank for Business Ethics Contemporary Issues and Cases 1st Edition By Richard Spinello
Table Of Contents
1. Why Capitalism?
2. Corporate Moral Agency, Purpose, and
Responsibilities
3. Ethics and Corporate Social Responsibility
4. The Person and the Corporation
5. The Rights of the Modern Corporation
6. Ethics in the Investment and Financial Services
Industries
7. Patients, Patents, and the Pharmaceutical
Industry
8. Protecting the Consumer: Product Safety and
Marketing
9. Business and the Environment
10. Informational Privacy and Cybersecurity
11. Fair Competition in the Era of Informational
Capitalism
12. Employee Rights and Sexual Harassment
13. Global Politics and Disinvestment Strategies
14. Bribery and Corruption in Foreign Markets
15. Responsible Outsourcing: Fair Wages and
Worker Safety
Test Bank for Business Ethics Contemporary Issues and Cases 1st Edition By Richard Spinello
, Instructor
Test Bank for Business Ethics Contemporary Issues and Cases 1st Edition By Richard Spinello Resource
Spinello, Business Ethics
SAGE Publishing, 2020
Chapter 1: Why Capitalism?
Test Bank
Multiple Choice
1. What are the two main pillars of capitalism?
a. competition and ownership
b. private property and entrepreneurship
c. property rights and a free and open market
d. common good and greater prosperity
Ans: C
Learning Objective: 1.1: Discuss the broad economic ecology within which corporations
and managers operate.
Cognitive Domain: Knowledge
Answer Location: What Is Capitalism?
Difficulty Level: Easy
AACSB: Financial theories, analysis, reporting, and markets
2. The right to possess is part of a bundle of rights that comprise ______.
a. ownership
b. prosperity
c. common good
d. competition
Ans: A
Learning Objective: 1.1: Discuss the broad economic ecology within which corporations
and managers operate.
Cognitive Domain: Comprehension
Answer Location: Property Rights
Difficulty Level: Medium
AACSB: Financial theories, analysis, reporting, and markets
3. Sal is the sole proprietor of his pizzeria. He has full control over how to manage it,
and full rights to any income generated. He can also decide to sell it. How are these
controls and rights over the pizzeria classified?
a. security rights
b. private citizen rights
c. infrastructure rights
d. property rights
Ans: D
Learning Objective: 1.1: Discuss the broad economic ecology within which corporations
and managers operate.
Cognitive Domain: Analysis
Answer Location: Property Rights
Difficulty Level: Hard
Test Bank for Business Ethics Contemporary Issues and Cases 1st Edition By Richard Spinello
, Instructor
Test Bank for Business Ethics Contemporary Issues and Cases 1st Edition By Richard Spinello Resource
Spinello, Business Ethics
SAGE Publishing, 2020
AACSB: Financial theories, analysis, reporting, and markets
4. What is the difference between capitalism and communism?
a. In a capitalist market, the good of production can be owned by private companies or
individuals.
b. In a communist economy, so-called capital goods are owned by private companies.
c. In a communist economy, natural resources are owned by private individuals or
companies.
d. In a capitalist market, natural resources are owned solely by the government.
Ans: A
Learning Objective: 1.1: Discuss the broad economic ecology within which corporations
and managers operate.
Cognitive Domain: Analysis
Answer Location: Property Rights
Difficulty Level: Hard
AACSB: Financial theories, analysis, reporting, and markets
5. Which kind of market has no restrictions on what people can own?
a. capitalist
b. communist
c. laissez-faire
d. socialism
Ans: C
Learning Objective: 1.1: Discuss the broad economic ecology within which corporations
and managers operate.
Cognitive Domain: Comprehension
Answer Location: Property Rights
Difficulty Level: Medium
AACSB: Financial theories, analysis, reporting, and markets
6. An insurance company sells its policies to people who need coverage. In exchange
for a premium paid by the customer, the insurer provides insurance coverage. The free
choice of the two parties to engage in the exchange is an example of ______.
a. competition
b. a market
c. customer preference
d. demand
Ans: B
Learning Objective: 1.1: Discuss the broad economic ecology within which corporations
and managers operate.
Cognitive Domain: Application
Answer Location: Free and Open Market
Difficulty Level: Medium
AACSB: Financial theories, analysis, reporting, and markets
Test Bank for Business Ethics Contemporary Issues and Cases 1st Edition By Richard Spinello
Test Bank for Business Ethics
Contemporary Issues and
Cases 1st Edition By Richard
Spinello
(All Chapters 1-15, 100%
Original Verified, A+ Grade)
This is The Only Original and
Complete Test Bank for 1st
Edition, All Other Files in The
Market are Fake/Old/Wrong
Edition.
Test Bank for Business Ethics Contemporary Issues and Cases 1st Edition By Richard Spinello
, Test Bank for Business Ethics Contemporary Issues and Cases 1st Edition By Richard Spinello
Table Of Contents
1. Why Capitalism?
2. Corporate Moral Agency, Purpose, and
Responsibilities
3. Ethics and Corporate Social Responsibility
4. The Person and the Corporation
5. The Rights of the Modern Corporation
6. Ethics in the Investment and Financial Services
Industries
7. Patients, Patents, and the Pharmaceutical
Industry
8. Protecting the Consumer: Product Safety and
Marketing
9. Business and the Environment
10. Informational Privacy and Cybersecurity
11. Fair Competition in the Era of Informational
Capitalism
12. Employee Rights and Sexual Harassment
13. Global Politics and Disinvestment Strategies
14. Bribery and Corruption in Foreign Markets
15. Responsible Outsourcing: Fair Wages and
Worker Safety
Test Bank for Business Ethics Contemporary Issues and Cases 1st Edition By Richard Spinello
, Instructor
Test Bank for Business Ethics Contemporary Issues and Cases 1st Edition By Richard Spinello Resource
Spinello, Business Ethics
SAGE Publishing, 2020
Chapter 1: Why Capitalism?
Test Bank
Multiple Choice
1. What are the two main pillars of capitalism?
a. competition and ownership
b. private property and entrepreneurship
c. property rights and a free and open market
d. common good and greater prosperity
Ans: C
Learning Objective: 1.1: Discuss the broad economic ecology within which corporations
and managers operate.
Cognitive Domain: Knowledge
Answer Location: What Is Capitalism?
Difficulty Level: Easy
AACSB: Financial theories, analysis, reporting, and markets
2. The right to possess is part of a bundle of rights that comprise ______.
a. ownership
b. prosperity
c. common good
d. competition
Ans: A
Learning Objective: 1.1: Discuss the broad economic ecology within which corporations
and managers operate.
Cognitive Domain: Comprehension
Answer Location: Property Rights
Difficulty Level: Medium
AACSB: Financial theories, analysis, reporting, and markets
3. Sal is the sole proprietor of his pizzeria. He has full control over how to manage it,
and full rights to any income generated. He can also decide to sell it. How are these
controls and rights over the pizzeria classified?
a. security rights
b. private citizen rights
c. infrastructure rights
d. property rights
Ans: D
Learning Objective: 1.1: Discuss the broad economic ecology within which corporations
and managers operate.
Cognitive Domain: Analysis
Answer Location: Property Rights
Difficulty Level: Hard
Test Bank for Business Ethics Contemporary Issues and Cases 1st Edition By Richard Spinello
, Instructor
Test Bank for Business Ethics Contemporary Issues and Cases 1st Edition By Richard Spinello Resource
Spinello, Business Ethics
SAGE Publishing, 2020
AACSB: Financial theories, analysis, reporting, and markets
4. What is the difference between capitalism and communism?
a. In a capitalist market, the good of production can be owned by private companies or
individuals.
b. In a communist economy, so-called capital goods are owned by private companies.
c. In a communist economy, natural resources are owned by private individuals or
companies.
d. In a capitalist market, natural resources are owned solely by the government.
Ans: A
Learning Objective: 1.1: Discuss the broad economic ecology within which corporations
and managers operate.
Cognitive Domain: Analysis
Answer Location: Property Rights
Difficulty Level: Hard
AACSB: Financial theories, analysis, reporting, and markets
5. Which kind of market has no restrictions on what people can own?
a. capitalist
b. communist
c. laissez-faire
d. socialism
Ans: C
Learning Objective: 1.1: Discuss the broad economic ecology within which corporations
and managers operate.
Cognitive Domain: Comprehension
Answer Location: Property Rights
Difficulty Level: Medium
AACSB: Financial theories, analysis, reporting, and markets
6. An insurance company sells its policies to people who need coverage. In exchange
for a premium paid by the customer, the insurer provides insurance coverage. The free
choice of the two parties to engage in the exchange is an example of ______.
a. competition
b. a market
c. customer preference
d. demand
Ans: B
Learning Objective: 1.1: Discuss the broad economic ecology within which corporations
and managers operate.
Cognitive Domain: Application
Answer Location: Free and Open Market
Difficulty Level: Medium
AACSB: Financial theories, analysis, reporting, and markets
Test Bank for Business Ethics Contemporary Issues and Cases 1st Edition By Richard Spinello
