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test bank for Business Ethics: Ethical Decision Making and Cases, 13th Edition by O.C. Ferrell, John Fraedrich & Linda Ferrell chapters 1-12

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Comprehensive test bank for Business Ethics: Ethical Decision Making and Cases, 13th Edition by O.C. Ferrell, John Fraedrich & Linda Ferrell. Includes verified chapters 1-12 with multiple choice, true/false, and essay questions with answers. Perfect study resource for college business ethics courses covering stakeholder relationships, corporate governance, sustainability, ethical decision-making, moral philosophies, and global business ethics.

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TEST BANK for Business Ethics Ethical Decision Making
S S S S S S S




and Cases, 13th Edition by O. C. Ferrell, John Fraedrich, Verifie
S S S S S S S S S S S S




d Chapters 1 – 12
S S S S

,TABLE OF CONTENTS S S




Part 1: An Overview of Business Ethics 1: The I
S S S S S S S S S




mportance of Business Ethics S S S




2: Stakeholder Relationships, Social Responsibility, and Corporate Governance 3:
S S S S S S S S




S Sustainability: Ethical and Social Responsibility Dimensions
S S S S S




Part 2: Ethical Issues and the Institutionalization of Business Ethics 4: The Instituti
S S S S S S S S S S S S




onalization of Business Ethics S S S




5: Emerging Business Ethics Issues Part 3:
S S S S S S




The Decision- S




Making Process 6: Ethical Decision Making
S S S S S




7: Individual Factors: Moral Philosophies and Values
S S S S S S




8: Organizational Factors: The Role of Ethical Culture and Relationships Part 4: I
S S S S S S S S S S S S




mplementing Business Ethics in a Global Economy
S S S S S S




9: Developing and Implementing an Effective Ethics Program 10: Global Busines
S S S S S S S S S S




s Ethics Issues
S S




11: Ethical Leadership
S S




12: Technology: Ethics and Social Responsibility Issues
S S S S S S

, 1 The Importance of Business Ethics
S S S S S




1. SPrinciplesSare
a. lawsSandSregulationsSthatSguideSbehaviorSinStheSworldSofSbusiness.
b. mores,Svalues,SandScustomsSthatSguideSbehaviorSinSgeneral.
c. specificSandSpervasiveSboundariesSforSbehaviorSthatSareSuniversalSandSabsolute.
d. theSobligationsSbusinessesSassumeStoSmaximizeStheirSpositiveSimpactSandSminimizeStheirSnegativeS impact
Sonstakeholders.


e. theSmores,Svalues,SandScustomsSthatSparentsSteachStheirSchildren.

ANSWER: c
POINTS: 1
DIFFICULTY: Easy
REFERENCES: p.S5
LEARNINGSOBJECTIVES:S LO:S1-1S-SExploreSconceptualizationsS ofSbusinessSethicsSfromSanSorganizationalS perspective.
NATIONALS STANDARDS:S UnitedSStatesS-SBUSPROG:SEthics
STATESSTANDARDS: UnitedSStatesS-SNONES-SDISC:SEthicalSResponsibilitiesS -SEthicalSResponsibilities
KEYWORDS: Blooms:SComprehension

2. SocialSresponsibilitySis
a. anSorganization'sS obligationStoSmaximizeSitsSpositiveSeffectsSandSminimizeSitsSnegativeSeffectsSonSstakeholders.
b. principlesSandSstandardsSthatSguideSbehaviorSinStheSworldSofSbusiness.
c. aSbusiness'sSresponsibilityS notStoSpolluteStheSenvironment.
d. aSbusiness'sSresponsibilityS toSmanufactureS productsSthatSfunctionSproperly.
e. charitableScontributionsSmadeSbySaSbusinessStoSenhanceSitsSimage.

ANSWER: a
POINTS: 1
DIFFICULTY: Easy
REFERENCES: p.S23
LEARNINGSOBJECTIVES:SLO:S1-4S-
SGainSinsightSintoStheSextentSofSethicalSmisconductSinStheSworkplaceSandStheS pressures S forSun

ethicalSbehavior.
NATIONALS STANDARDS:S UnitedSStatesS-SBUSPROG:SEthics
STATESSTANDARDS: UnitedSStatesS-SNONES-SDISC:SEthicalSResponsibilitiesS -SEthicalSResponsibilities
KEYWORDS: Blooms:SKnowledge

, 3. The
was/wereSenactedStoSrestoreSconfidenceSinSfinancialSreportingSandSbusinessSethicsSafterSthe
SaccountingscandalsSofStheSearlyS2000s.
a. DefenseSIndustrySInitiativeSonSBusinessSEthicsSandSConduct
b. Sarbanes-OxleyS Act
c. FederalSSentencingSGuidelinesSforSOrganizations
d. ForeignSCorruptSPracticesS Act
e. Dodd-FrankSWallSStreetSReformSandSConsumerSProtectionS Act

ANSWER: b
POINTS: 1
DIFFICULTY: Moderate
REFERENCES: p.S13
LEARNINGSOBJECTIVES:SLO:S1-2S-SExamineStheShistoricalSfoundationsSandSevolutionSofSbusinessSethics.
NATIONALS STANDARDS:S UnitedSStatesS-SBUSPROG:SEthics
STATESSTANDARDS: UnitedSStatesS-SNONES-SDISC:SEthicalSResponsibilitiesS -SEthicalSResponsibilities
KEYWORDS: Blooms:SKnowledge

4. TheStermSbusinessS ethicsS isSbestSdescribedSbyStheSfollowingSstatement:
a. ItSisStheSstudySandSphilosophySofShumanSconduct,SwithSanSemphasisSonSdeterminingSrightSandSwrong.
b. ItSisSanS"inquirySintoStheSnatureSandSgroundsSofSmoralitySwhereStheStermSmoralitySisStakenStoS mea
nSmoraljudgments,SstandardsSandSrulesSofSconduct."
c. ItSisStheS"studySofStheSgeneralSnatureSofSmoralsSandSofSspecificSmoralSchoices;SmoralSphilosophy;SandS theSruleso
rSstandardsSgoverningStheSconductSofStheSmembersSofSaSprofession."
d. ItSisSanSorganization'sSobligationStoSmaximizeSitsSpositiveSeffectsSandSminimizeSitsSnegativeS effect
sSonstakeholders.
e. ItScomprisesStheSprinciples,Svalues,SandSstandardsSthatSguideSbehaviorSinStheSworldSofSbusiness.

ANSWER: e
POINTS: 1
DIFFICULTY: Moderate
REFERENCES: p.S5
LEARNINGSOBJECTIVES:S LO:S1-1S-SExploreSconceptualizationsS ofSbusinessSethicsSfromSanSorganizationalS perspective.
NATIONALS STANDARDS:S UnitedSStatesS-SBUSPROG:SEthics
STATESSTANDARDS: UnitedSStatesS-SNONES-SDISC:SEthicalSResponsibilitiesS -SEthicalSResponsibilities
KEYWORDS: Blooms:SKnowledge

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