BUSINESS ETHICS MID-TERM ACTUAL EXAM 1
2026: 140+ QUESTIONS AND 100% VERIFIED
ANSWERS | GRADED A+ | GUARANTEED PASS!!
What does the Federal Sentencing Guidelines for Organizations (FSGO) focus on?
a. Schemes by top management to hide losses and other performance problems
b. Background checks on employees and other agents
c. Improving the quality of life for employees and communities
d. Encouraging ethical and legal compliance by reducing penalties for firms with
effective compliance programs
e. Penalties for companies convicted of restraint of trade charges
ANS: d. Encouraging ethical and legal compliance by reducing penalties for firms
with effective compliance programs
What is the final step in implementing a stakeholder perspective?
a. Assessing organizational commitment to stakeholders and social responsibility
b. Identifying stakeholder groups
c. Identifying stakeholder issues
d. Gaining stakeholder feedback
e. Identifying resources and determining urgency
ANS: d. Gaining stakeholder feedback
What is the first step in implementing a stakeholder perspective in an organization?
ANS: Assessing the corporate culture
What ties an organization's products directly to a social concern through a
marketing program?
a. Strategic philanthropy
b. Strategic marketing
c. Gatekeepers
d. Social entrepreneurship
e. Cause-related marketing
ANS: e. Cause-related marketing
When an individual must choose whether to advance his or her own interests, those
of the organization, or those of some other group, which of the following exists?
,a. Corporate intelligence
b. Facilitation payment
c. Discrimination situation
d. Ethical dilemma
e. Conflict of interest
ANS: e. Conflict of interest
When business strategies, economic sectors, work practices, technologies, and
lifestyles are assessed and improved while maintaining the natural environment,
this is known as _______.
a. recycling
b. the Kyoto protocol
c. social responsibility
d. sustainability
e. greenwashing
ANS: d. sustainability
Which approach to stakeholder theory focuses on the actual behavior of the firm
and usually addresses how decisions and strategies are made for stakeholder
relationships?
a. Control approach
b. Instrumental approach
c. Strategic decision-making approach
d. Normative approach
e. Descriptive approach
ANS: e. Descriptive approach
Which economist believed the market is a better deterrent to wrongdoing than new
laws and regulations?
a. John Maynard Keynes
b. Adam Smith
c. Milton Friedman
d. David Ricardo
e. Janet Yellen
ANS: c. Milton Friedman
Which of the following are among the top types of observed misconduct? (Select
three)
a. Internet abuse
b. Working more hours than reported
, c. Puffery
d. Conflicts of interest
e. Abusive behavior
ANS: a. Internet abuse
d. Conflicts of interest
e. Abusive behavior
Which of the following are considered alternative sources of energy? (Select three)
a. gas power
b. geothermal power
c. nuclear power
d. wind power
e. coal-based power
ANS: b. geothermal power
c. nuclear power
d. wind power
Which of the following are not typically secondary stakeholders?
a. Television new anchors
b. Special-interest groups
c. Customers
d. Trade associations
e. Journalists
ANS: c. Customers
Which of the following are outcomes of a firm "going green"? (Select three)
a. Costs associated with improving risk management and stakeholder relationships
are increased.
b. Firms can differentiate their products from competitors'.
c. Firms can focus more on their own efforts as a distinct unit rather than on the
entire supply chain.
d. Goodwill from stakeholders is increased and money is saved from being more
efficient and less wasteful.
e. Revenue is increased through better access to certain markets, differentiation of
products, and the sale of pollution-control technology.
ANS: b. Firms can differentiate their products from competitors'.
d. Goodwill from stakeholders is increased and money is saved from being more
efficient and less wasteful.
2026: 140+ QUESTIONS AND 100% VERIFIED
ANSWERS | GRADED A+ | GUARANTEED PASS!!
What does the Federal Sentencing Guidelines for Organizations (FSGO) focus on?
a. Schemes by top management to hide losses and other performance problems
b. Background checks on employees and other agents
c. Improving the quality of life for employees and communities
d. Encouraging ethical and legal compliance by reducing penalties for firms with
effective compliance programs
e. Penalties for companies convicted of restraint of trade charges
ANS: d. Encouraging ethical and legal compliance by reducing penalties for firms
with effective compliance programs
What is the final step in implementing a stakeholder perspective?
a. Assessing organizational commitment to stakeholders and social responsibility
b. Identifying stakeholder groups
c. Identifying stakeholder issues
d. Gaining stakeholder feedback
e. Identifying resources and determining urgency
ANS: d. Gaining stakeholder feedback
What is the first step in implementing a stakeholder perspective in an organization?
ANS: Assessing the corporate culture
What ties an organization's products directly to a social concern through a
marketing program?
a. Strategic philanthropy
b. Strategic marketing
c. Gatekeepers
d. Social entrepreneurship
e. Cause-related marketing
ANS: e. Cause-related marketing
When an individual must choose whether to advance his or her own interests, those
of the organization, or those of some other group, which of the following exists?
,a. Corporate intelligence
b. Facilitation payment
c. Discrimination situation
d. Ethical dilemma
e. Conflict of interest
ANS: e. Conflict of interest
When business strategies, economic sectors, work practices, technologies, and
lifestyles are assessed and improved while maintaining the natural environment,
this is known as _______.
a. recycling
b. the Kyoto protocol
c. social responsibility
d. sustainability
e. greenwashing
ANS: d. sustainability
Which approach to stakeholder theory focuses on the actual behavior of the firm
and usually addresses how decisions and strategies are made for stakeholder
relationships?
a. Control approach
b. Instrumental approach
c. Strategic decision-making approach
d. Normative approach
e. Descriptive approach
ANS: e. Descriptive approach
Which economist believed the market is a better deterrent to wrongdoing than new
laws and regulations?
a. John Maynard Keynes
b. Adam Smith
c. Milton Friedman
d. David Ricardo
e. Janet Yellen
ANS: c. Milton Friedman
Which of the following are among the top types of observed misconduct? (Select
three)
a. Internet abuse
b. Working more hours than reported
, c. Puffery
d. Conflicts of interest
e. Abusive behavior
ANS: a. Internet abuse
d. Conflicts of interest
e. Abusive behavior
Which of the following are considered alternative sources of energy? (Select three)
a. gas power
b. geothermal power
c. nuclear power
d. wind power
e. coal-based power
ANS: b. geothermal power
c. nuclear power
d. wind power
Which of the following are not typically secondary stakeholders?
a. Television new anchors
b. Special-interest groups
c. Customers
d. Trade associations
e. Journalists
ANS: c. Customers
Which of the following are outcomes of a firm "going green"? (Select three)
a. Costs associated with improving risk management and stakeholder relationships
are increased.
b. Firms can differentiate their products from competitors'.
c. Firms can focus more on their own efforts as a distinct unit rather than on the
entire supply chain.
d. Goodwill from stakeholders is increased and money is saved from being more
efficient and less wasteful.
e. Revenue is increased through better access to certain markets, differentiation of
products, and the sale of pollution-control technology.
ANS: b. Firms can differentiate their products from competitors'.
d. Goodwill from stakeholders is increased and money is saved from being more
efficient and less wasteful.
