BMAL 590 Business Ethics
The study of business ethics is important to better understand all of the following EXCEPT - correct
answer ✔✔That business ethics is merely an extension of an individual's own personal ethics
Social responsibility is - correct answer ✔✔An organization's obligation to maximize its positive effects
and minimize its negative effects on stakeholders
Which of the following was (were) developed in 1980s to encourage corporate support for ethical
conduct by establishing a method for discussing "best practices?" - correct answer ✔✔Defense Industry
Initiative on Business Ethics and Conduct
The ________ was (were) enacted to restore confidence in financial reporting and business ethics after
the accounting scandals of the early 2000s - correct answer ✔✔Sarbanes-Oxley Act
In the history of business ethics, the 1990s can be best described as a time when business ethics was -
correct answer ✔✔Institutionalized
Which one of the following is not one of the rewards for being ethical and socially responsible in
business? - correct answer ✔✔Greater employee turnover
When employees see honesty, respect, and trust applied frequently in the workplace, they - correct
answer ✔✔All of these
Most strong organizational climates focus on the value of placing ________ interests first - correct
answer ✔✔customers'
To be successful, relationships with investors must rest on dependability, _________, and commitment -
correct answer ✔✔Trust
The rise of consumerism occurred during the - correct answer ✔✔1960s
, Which of the following is the first step in the ethical decision-making process? - correct answer
✔✔Recognizing that an issue requires an individual or work group to make a choice that ultimately will
be judged by stakeholders as right or wrong
Which of the following is not one of six "spheres of influence" to which individuals are subject when
confronted with an ethical issue? - correct answer ✔✔Education
Which statement best describes the relationship between those who believe in external control
(externals) and those who believe in internal control (internals)? - correct answer ✔✔Externals believe
in going with the flow, while internals believe that they control events in their lives by their own effort
and skill
Obedience to authority is part of which of the following components of the ethical decision-making
framework? - correct answer ✔✔Superiors
External rewards and internal rewards relate to which part of the ethical decision-making framework? -
correct answer ✔✔Opportunity
It is impossible to agree on __________ judgments about what is ethical - correct answer ✔✔Normative
The role of leadership in developing an ethics program includes all of the following except - correct
answer ✔✔Carefully archiving and not distributing the ethical policies of the firm
The ________ leader values people, their emotions, and their needs, and relies on friendship and trust
to promote flexibility, innovation, and risk-taking - correct answer ✔✔Affiliative
What is difference between transactional leaders and transformational leaders? - correct answer ✔✔The
former attempts to create employee satisfaction through negotiating or bartering, while the latter strive
to raise employees' level of commitment and foster trust and motivation
Which of the following statements is false regarding strong ethical leaders? - correct answer ✔✔Strong
ethical leaders are reactive
The study of business ethics is important to better understand all of the following EXCEPT - correct
answer ✔✔That business ethics is merely an extension of an individual's own personal ethics
Social responsibility is - correct answer ✔✔An organization's obligation to maximize its positive effects
and minimize its negative effects on stakeholders
Which of the following was (were) developed in 1980s to encourage corporate support for ethical
conduct by establishing a method for discussing "best practices?" - correct answer ✔✔Defense Industry
Initiative on Business Ethics and Conduct
The ________ was (were) enacted to restore confidence in financial reporting and business ethics after
the accounting scandals of the early 2000s - correct answer ✔✔Sarbanes-Oxley Act
In the history of business ethics, the 1990s can be best described as a time when business ethics was -
correct answer ✔✔Institutionalized
Which one of the following is not one of the rewards for being ethical and socially responsible in
business? - correct answer ✔✔Greater employee turnover
When employees see honesty, respect, and trust applied frequently in the workplace, they - correct
answer ✔✔All of these
Most strong organizational climates focus on the value of placing ________ interests first - correct
answer ✔✔customers'
To be successful, relationships with investors must rest on dependability, _________, and commitment -
correct answer ✔✔Trust
The rise of consumerism occurred during the - correct answer ✔✔1960s
, Which of the following is the first step in the ethical decision-making process? - correct answer
✔✔Recognizing that an issue requires an individual or work group to make a choice that ultimately will
be judged by stakeholders as right or wrong
Which of the following is not one of six "spheres of influence" to which individuals are subject when
confronted with an ethical issue? - correct answer ✔✔Education
Which statement best describes the relationship between those who believe in external control
(externals) and those who believe in internal control (internals)? - correct answer ✔✔Externals believe
in going with the flow, while internals believe that they control events in their lives by their own effort
and skill
Obedience to authority is part of which of the following components of the ethical decision-making
framework? - correct answer ✔✔Superiors
External rewards and internal rewards relate to which part of the ethical decision-making framework? -
correct answer ✔✔Opportunity
It is impossible to agree on __________ judgments about what is ethical - correct answer ✔✔Normative
The role of leadership in developing an ethics program includes all of the following except - correct
answer ✔✔Carefully archiving and not distributing the ethical policies of the firm
The ________ leader values people, their emotions, and their needs, and relies on friendship and trust
to promote flexibility, innovation, and risk-taking - correct answer ✔✔Affiliative
What is difference between transactional leaders and transformational leaders? - correct answer ✔✔The
former attempts to create employee satisfaction through negotiating or bartering, while the latter strive
to raise employees' level of commitment and foster trust and motivation
Which of the following statements is false regarding strong ethical leaders? - correct answer ✔✔Strong
ethical leaders are reactive
