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